Tech

Huawei said today that it has decided to sell all of the assets of the Honor business to ensure the continuity of the Honor channel and suppliers at a difficult time when technology elements of the industry are unsustainably available and the consumer business is under tremendous pressure.

As one of the oldest Internet companies in China, search giant Baidu is expanding its streaming video ecosystem in battle against emerging star ByteDance. 

Chinese search giant Baidu reported third-quarter revenue of 28.2 billion yuan ($4.16 billion), up 8 percent from the previous quarter and 1 percent from the same period in 2019, topping analysts' expectations of 27.58 billion yuan.

JD.com shares were down 2% in pre-market trading.

Responding to media reports that it has secured the supply of some products to Huawei, a Qualcomm spokesperson told nbd.com.cn that "we have secured licenses (to Huawei) for some of our products, including some 4G products".

OPPO today said it will explore the boundary between the digital and real worlds by launching a concept-level app, OPPO CybeReal, at the OPPO INNO DAY 2020 on November 17.

Qualcomm has received a license to sell 4G chips to Huawei, Yicai.com quoted the upstream supply chain vendor as saying on November 13.

Samsung today unveiled its next-generation SoC, the Exynos 1080, at a press conference in Shanghai, featuring Samsung's latest 5nm EUV process, which offers a 25 percent smaller die area and 20 percent higher power efficiency than 7nm EUV.

China's emerging e-commerce platform Pinduoduo posted revenue of around RMB 14.21 billion in the third quarter, up 89 percent year-on-year. Driven by strong revenue, Pinduoduo achieved its first quarterly profit since its IPO, according to the company's earnings report released on November 12.

Tencent generated revenue of RMB 125.45 billion in the third quarter, higher than market estimates of RMB 123.83 billion, the company reported today.