Tech Industry

Midea becomes the first company other than Huawei to build an IoT system based on OpenHarmony 2.0.

Honor has resumed cooperation with Google, and its new models in overseas markets will carry Google Mobile Services (GMS), promising to get its overseas business back on track.

Alibaba and Baidu have taken stakes in local chipmaker Phytium Technology, according to information from data provider Tianyancha.

The amount Meituan was fined was lower than analysts expected and also lower than the amount fined to e-commerce giant Alibaba.

Since its delisting on June 29 last year, the company has accumulated a 990 percent gain in the Pink Sheets market.

Alibaba has launched the "Ten Actions to Promote Common Prosperity" and will set up a special permanent institution for this purpose.

Honor, which was spun off from Huawei late last year, said on Monday it opened its global headquarters in Shenzhen.

Meituan's revenue rose 77 percent year-over-year to RMB 43.76 billion ($6.77 billion) in the second quarter, with a net loss of RMB 3.36 billion.

Chinese VR startup Pico has confirmed in an all-staff letter that it has been acquired by Beijing-based TikTok parent company ByteDance, jiemian.com reported Sunday.

China's IC imports rose 27.2 percent year-over-year to $233.33 billion from January to July 2021, up 42.1 percent year-over-year, according to China Customs.