Tech Industry

Chinese firm says its high-end etching equipment already used in customer's 5nm chip production line

AMEC did not specify who this customer is, but currently, the only ones with 5nm FinFET process mass production capability in the world are TSMC and Samsung, with the former having significantly more capacity.

Tencent's TiMi Studios emerges as world's largest game developer with $10 billion in revenue for 2020

Tencent's TiMi Studios reached $10 billion in revenue in 2020, meaning it has become the world's largest game developer, according to a Reuters report on April 2.

Xiaomi becomes China's largest smartphone maker, Huawei drops to fourth place

Xiaomi has become the No. 1 smartphone maker in China and the No. 3 in the world with a global market share of 13 percent in February, while Huawei sits fourth in China with a 4 percent global market share, according to a new report from Counterpoint Research.

China's central bank says it will consider using e-CNY for cross-border payments when conditions are right

The e-CNY, China's digital currency, will be used for cross-border payments when conditions are ripe to meet market demand, a Chinese central bank official said on April 1.

SMIC reportedly increases prices across the board after April 1

Overall, this round of price increases was in the range of 15% to 30%.

Honor completes integration after spinning off from Huawei

Honor CEO George Zhao said on March 31 that the company has completed its integration after its separation from Huawei.

Huawei's 2020 sales revenue up 3.8% year-on-year to RMB 891.4 billion

Huawei's 2020 sales revenue rose 3.8 percent year-on-year to RMB 891.4 billion ($136 billion) and net profit rose 3.2 percent year-on-year to RMB 64.6 billion, according to figures released by the company today.

Xiaomi launches Surge C1, its first professional imaging chip

Surge C1 is an image signal processor (ISP) that uses self-developed algorithms to help cell phones perform finer and more advanced 3A processing.

Xiaomi launches new logo

The new logo is based on a new design concept called "Alive" by Japanese graphic designer Kenya Hara, which incorporates Eastern philosophical thinking into Xiaomi's brand vision.

China Tianyan, largest radio telescope to date, to open to the world on March 31

It is expected that about 10 percent of the observing time will be allocated to scientists worldwide or about 450 hours.
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