Tech Industry
Xiaomi ships 43.3 million phones in Q4, ranking third in the world
Chinese smartphone maker Xiaomi's shipments rose 32% year-on-year to 43.3 million units in the fourth quarter, according to IDC.
Former OnePlus co-founder Carl Pei's new company is called Nothing
Former OnePlus co-founder Carl Pei and his team officially announced on January 27 the launch of Nothing, an innovative technology company based in London, UK.
SenseTime closes Pre-IPO round, taking its valuation to $12 billion
SoftBank's investment in SenseTime has doubled on its books.
M&A deals by Chinese companies grow 30% to $733.8 billion in 2020
The deal value of merge and acquisitions by Chinese companies rose 30% to $733.8 billion in 2020, the highest level since 2016, and the number of M&A deals increased 11% from the previous year, according to a new report.
ByteDance's 2020 revenue reportedly doubles to $37 billion
ByteDance, the Beijing-based owner of TikTok, more than doubled its 2020 revenue to about $37 billion, according to The Information.
Richard Yu, the iconic head of Huawei's mobile business, takes new role as company's president of Cloud &AI BG
Richard Yu, the iconic figure of Huawei's cell phone business, will be in charge of Huawei Cloud & Computing BG (Huawei's Tier 1 division), according to nbd.com.cn.
China Mobile to build 700MHz 5G network with China Broadcast Network
Chinese telecom operators China Mobile and China Broadcast Network have entered into a 5G sharing agreement on jointly building a 700MHz wireless network, while China Mobile will also share its 2.6GHz network with China Broadcast Network for a fee.
China-made UOS developer launches ReFla, a Flash alternative
It aims to solve the problem of business system collapse caused by a large number of Chinese schools and enterprises relying on Flash for their business systems.
Geely launches $636 million low-orbit satellite project
Geely has launched a 4.12 billion yuan ($636 million) low-orbit satellite project for the Internet of Things, aiming to build a world-leading IoT demonstration project located in Qingdao, Shandong Province.
Baidu launches search page for developers
Chinese search engine giant Baidu has recently launched a Beta version search page for developers with a much simpler interface.