Tech Industry
Huawei to invest $80 million in R&D in Ireland
By the end of 2022, Huawei will create 110 new jobs in Ireland and plans to invest $80 million in research and development, according to c114.com.
Alibaba reports revenue of $34 billion in fiscal Q3, beating market expectations
Alibaba's revenue for the third quarter of fiscal 2021 increased 37% year-on-year to RMB 221.08 billion ($34 billion), beating market expectations of RMB 214.158 billion and was higher than the RMB 161.456 billion in the same quarter last year.
The 'godfather' of China's smartphone industry made a fortune on GME
Duan sold 100 GME naked call options (equivalent to 10,000 GME shares) that expire on February 12 a few days ago, giving him a profit of more than $400,000 based on a $40-a-share premium.
China surpasses US as AMD's top market
The Chinese market contributes 23.9 percent of AMD's revenue in 2020, surpassing the US at 23.5 percent to become the semiconductor company's largest market.
BOE's new invention allows people with visual impairments to 'see' pictures
The "reader" contains two parts: a haptic sensing device, which is worn on the finger of the visually impaired person, and a display device, which includes a touch panel.
Chinese appliance giant Midea sets up semiconductor company
The company was established on January 26 with a registered capital of RMB 20 million yuan ($3 million).
Huami Technology says it will soon launch third-gen wearable chip
Huami Technology, a Xiaomi eco-chain company, will launch its in-house developed third-generation wearable chip soon, said Huang Wang, founder, chairman, and CEO of the company.
China's first privately-held high-speed railway starts track laying
The construction of the Hangzhou-Shaoxing-Taizhou railway, which started at the end of 2017, is one of the first eight railroads in China with private investments.
37 Chinese mobile games earn over $100 million in overseas markets last year
The top 30 mobile game products in terms of overseas revenue generated a total of $9.24 billion in the App Store and Google Play, up 47% from $6.3 billion in 2019.
Chinese screen supplier Visionox reportedly gets order to supply panels for 5 million Huawei phones
The company will also provide Honor with nearly 10 million AMOLED display panels, according to the source.