Tech
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Pinduoduo announces $500 million private placement, shares down 3% pre-market
The transaction was priced with reference to the volume-weighted average price of the last five trading days, the company said.
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Huawei releases smart home solution, to be commercialized in March
Huawei today released the smart home ALL IN ONE solution, covering lighting system, security system, air system, water system, music system, perception system.
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Huawei releases smart screen for cars, priced at about $260
Huawei released a smart screen for cars on December 21, claiming that users can experience smart travel without changing cars. The device is priced at RMB 1,699 ($260) and will be officially launched on January 8.
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Huawei said to launch business laptop with Kirin 990 and UOS in March
Huawei will launch a business laptop called the Qingyun L410 with Kirin 990 processor and UOS 20 in March next year, according to a well-known Weibo blogger.
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Chinese scholars make high-performance electrode materials from raw materials including crayfish shells
Crawfish is one of the most popular foods in China, and the total output value of China's crawfish industry reached 411 billion yuan in 2019, up 19.28% year-on-year.
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Xiaomi establishes three new departments to move forward with "Mobile x AIoT" strategy
These three departments are integrated from several independent departments in the past to promote the company's "Mobile x AIoT" strategy.
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Chinese scientists develop high-performance biomimetic wood without adhesives
Currently, widely used artificial boards are mostly made of wood chips bonded by resin binders containing formaldehyde, some of which may cause pollution.
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Huawei to invest 200 million euros in France for its first production plant in Europe
The plant, with an investment of 200 million euros, is expected to create 300 direct jobs initially and 500 jobs in the long term.
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Luckin Coffee agrees to pay $180 million to settle with SEC
Luckin Coffee neither admitted nor denied the regulators' allegations in the settlement.
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China's gaming industry saw 20% increase in sales revenue to $42.65 billion in 2020, report says
The number of Chinese game users reached 665 million in 2020. The mobile game market accounts for 75.2% of sales revenue.