Tech
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TikTok owner ByteDance said to go public in Hong Kong, valued at about $400 billion
ByteDance has started the process of going public in Hong Kong and submitted an underwriter engagement letter to the Hong Kong Stock Exchange, the China Securities Journal reported Wednesday.
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China's Q1 IC imports up 11.2% year-on-year to $40 billion
China imported 155.27 billion units of integrated circuits in the first quarter, an increase of 33.6%.
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Lenovo aims to be global No. 1 in all PC categories
Lenovo said that one of its goals is to become No. 1 globally in all PC categories while maintaining industry-leading profitability.
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Huawei says it will keep HiSilicon team and has no profit claims on that chip business
"This team can keep researching, developing, and preparing for the future," Huawei's rotating chairman Xu Zhijun said.
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Huawei expects 100 million devices to have HarmonyOS installed this year
Huawei will continue to build a full-scene experience and improve its hardware and software service capabilities, with 100 million devices expected to have HarmonyOS installed this year, said Xu Zhijun, vice chairman and chairman-in-office of Huawei, on April 12.
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Ant Group to become financial holding company in overhaul
Ant Group will become a financial holding company and all institutions engaged in financial activities will be regulated according to such companies, China's central bank said Monday.
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Huawei aims to make 6G commercially available by around 2030
Huawei says it wants to start making 6G commercially available around 2030, in what may be the first time a Chinese tech giant has proposed a clear timeline for the commercialization of next-generation communications technology.
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Podcast startup Ximalaya FM, with about 600 million users, reportedly files secretly for US IPO
Since its inception in 2012, Ximalaya FM has completed nine rounds of funding, the most recent being Series E in August 2018, which was invested by Tencent and Primavera Capital.
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Tencent's first data center in Indonesia goes live as it expands its cloud business globally
Tencent Cloud said it will open a second data center in Indonesia within the next year to seize the opportunities presented by the fast-growing mobile Internet there.
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CITIC Securities: China opens new chapter of anti-monopoly regulation, other Internet giants expected to rectify themselves
Alibaba is the first but not the last, and the huge fine greatly enhances the regulation and contributes to long-term economic order fairness and efficient development of innovation, the team said.