Tech Industry

Zepp Health's Q4 revenue essentially flat from $300 million a year ago

Chinese smart wear company Zepp Health Corporation reported fourth-quarter revenue of $302.3 million, down 0.33 percent year-on-year, according to the company's earnings release on March 15.

Hong Kong, mainland cooperate in testing digital RMB

The Hong Kong Monetary Authority is working with the Digital Currency Research Institute of the People's Bank of China to test cross-border payment technologies using digital RMB and make the appropriate technical preparations, said Chief Executive of HKMA Eddie Yue.

Chinese manufacturers exceed 13% share of OLED panel market

Chinese manufacturers' OLED panels reached a market share of 13.2 percent in 2020, surpassing 10 percent for the first time, a new report shows.

China makes major breakthrough in converting solar energy into liquid fuel

China has made a breakthrough in converting solar energy into liquid fuels, with a project producing a liquid product with 99.5% methanol content, according to CCTV.

Power bank sharing firm with 34% market share in China files for US IPO

Energy Monster, a Chinese power bank sharing company, filed a registration statement with the SEC, planning to list on the Nasdaq under the ticker symbol "EM".

Bitcoin pulls back about $5,000 from intra-day high

A survey conducted by Mizuho showed that about 10 percent of the US stimulus check could be used to buy bitcoin and stocks, equating to a total of about $40 billion.

Ming-Chi Kuo cuts 2021 AirPods shipment forecast by 30%-35%

Tianfeng International analyst Ming-Chi Kuo on Monday lowered his forecast for AirPods shipments this year by 30-35 percent to 75 million units-80 million units, meaning he expects Apple's shipments of the product to fall by 10-15 percent year-on-year this year.

Chinese brain-computer interface platform NeuraMatrix raises multi-million dollars in Pre-A round of funding

NeuraMatrix, incubated by Tsinghua University, was founded in November 2019. It has a team of about 50 people, mainly R&D and product engineers.

Baidu's AI chip unit Kunlun reportedly closes new round of financing at $2 billion valuation

Baidu's AI chip unit Kunlun has completed a new round of financing at a valuation of $2 billion, Reuters said Monday, citing sources.

Bitcoin touches $60,000 for first time in history

Bitcoin touched $60,000 for the first time in history, rising about 6 percent in 24 hours. Bitcoin's price is now up about 1,400% from last March's low of about $4,000.
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