Tech Industry
BOE says its flexible AMOLED production line yield rate is over 80%
BOE's 6th generation production line is a fully flexible line, corresponding to high-end flexible AMOLED products, the company said in an exchange with investors.
Luckin Coffee said to be bringing in PE investment
Luckin Coffee is in talks with private equity (PE) firms for a new round of investment, and from more than one investor, Chinese media outlet PEdaily reported Wednesday.
China makes breakthrough in a key step in chip manufacturing
A Chinese company has announced the successful production of an ion implantation machine made entirely with local technologies, marking a breakthrough in a key aspect of chip manufacturing, Xinhua reported on March 17.
Luckin Coffee stock jumps over 40% as it signs restructuring deal with major debt holders
Luckin Coffee is actively using multiple sources to raise capital, "and is currently in a 30-day internal discussion with credible investors to raise at least $250 million through a private placement," it said.
China Mobile said to consider A-share listing
China Mobile is discussing a potential A-share offering with advisers to seek new sources of financing for the development of its 5G network.
Huawei to start charging 5G royalty rates this year
Huawei will offer a reasonable percentage rate applied to the phone's selling price, the company said, without disclosing the exact percentage.
Bilibili passes Hong Kong listing hearing
Bilibili has passed its listing hearing on the Hong Kong Stock Exchange, a filing showed on Tuesday, meaning its offering will launch as soon as next week.
Futu reports Q4 revenue of $153 million, up over 280% year on year
Hong Kong-based stockbroker Futu Holdings reported total revenue of $153 million in the fourth quarter of 2020, up 282% year on year, marking its fourth consecutive quarter of triple-digit growth.
Tencent Cloud unveils new generation of servers with AMD's Milan processors
Fresh on the heels of AMD's release of its Milan server CPUs, Chinese cloud computing giant Tencent Cloud has unveiled a new generation of servers powered by the latest processors, saying it brings a multi-fold performance boost.
TikTok owner ByteDance is making its own AI chips
The report said ByteDance is actively building an AI chip team and has offered many chip-related positions on Chinese recruitment platforms.