Tech Industry
Chinese beauty app Meitu spends $40 million on Ether and Bitcoin
Meitu has spent $40 million on cryptocurrency purchases, including 15,000 units ($22.1 million) of Ether and 379.1214267 units ($17.9 million) of Bitcoin.
OPPO ranks No. 1 in China's smartphone market for first time in January
This was mainly due to the sanctioned Huawei phones and the release of the OPPO Reno5 series of phones.
Alibaba's DAMO Academy says aiming for major breakthroughs in chips and quantum computing
Alibaba's research and innovation institute DAMO Academy says it will increase its investment in technology in an effort to achieve major breakthroughs in areas including chips and quantum computing.
Tencent launches its biggest recruitment ever
Chinese social media and gaming giant Tencent has launched its largest internship recruitment ever, hiring more than 8,000 college students graduating in 2022.
China smartphone shipments fall 11% in 2020, Canalys data show
Huawei (including Honor) shipped 18.8 million units in the fourth quarter of 2020, with its market share falling to 22 percent from 41 percent in the third quarter, the data showed.
ASML says SMIC purchase orders relate to existing agreement for DUV lithography
ASML said this is not a material event for ASML, but it constitutes a disclosable event for SMIC under the Hong Kong listing rules.
TCL subsidiary unveils display technology better than conventional OLEDs
CSOT said on March 4 that it recently launched NTSC 110% ultra-high color gamut LCD display technology that outperforms conventional OLEDs.
China's 'Tianwen-1' to land on Mars in May-June
China's "Tianqian-1" Mars probe will land on Mars in May-June to carry out a follow-up roving probe, according to Bao Weimin, director of the Science and Technology Commission of the Aerospace Science and Technology Group.
Huawei holds 15.4 percent of global 5G patents
As of February, Samsung, Nokia and Qualcomm ranked second to fourth with about 13 percent share each.
China's civil manned airship AS700 expected to make maiden flight this year
China's civil manned airship AS700, which began development in August 2018, is expected to make its first flight later this year, the Science and Technology Daily reported on March 3.
