Tech Industry
Vivo opens new R&D center focused on imaging innovation
The R&D center is located in Xi'an Software New City, with an initial team size of 200 people.
Xiaomi overtakes Samsung to become No. 1 in Russia's online smartphone market in Q4
Xiaomi overtakes Samsung to rank first in the Russian online smartphone market in Q4 2020; Apple enters the top three for the first time and Huawei's share drops to 14.8% in fourth place, according to a new report from Counterpoint.
OPPO to unveil new interactive charging technology on February 23
Chinese smartphone maker OPPO will unveil new interactive charging technology at MWC Shanghai on February 23 and will likely showcase new technologies such as the recently buzzed-about charging technology over space.
Geely's plant capable of producing over 500 satellites per year approved for production
This is the first commercial satellite production base in China led by a private company that combines aerospace manufacturing and automotive manufacturing capabilities.
Baidu's 7nm AI chip Kunlun 2 to be mass-produced soon
Announced in 2018, "Baidu Kunlun" is China's first cloud-based full-featured AI chip developed by Baidu.
ByteDance CEO says Douyin Search's monthly active users surpass 550 million
Beijing-based ByteDance CEO Zhang Nan said Thursday that Douyin Search's monthly active users exceeded 550 million, the first time ByteDance announced the number of active users on the short-video app's search business.
Luckin Coffee says internal investigation found no evidence of misconduct by chairman
On January 7, seven Luckin Coffee vice presidents, all branch general managers, and core business executives signed a joint letter requesting the removal of Guo as Luckin Coffee's chairman and CEO.
Baidu Q4 revenue up 5% YoY to $4.69 billion, beating expectations
Baidu shares rose 3.1 percent to $318.3 in after-hours trading on Thursday. The stock fell 5.37 percent to $308.68 on Thursday.
Huawei's semiconductor spending drops 23.5% in 2020
Chinese tech giant Huawei saw a 23.5 percent drop in semiconductor spending in 2020 compared to 2019, according to data released Tuesday by market research firm Gartner on the world's top 10 chip buyers.
Chinese smartphone maker OPPO establishes university named after it
The OPPO University, which is open to both internal employees and eco-partners, aims to develop a talent pool to fuel OPPO's globalization strategy, it said.