Tech Industry
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China starts building world's largest electric ship with battery breakthroughs
The ship is equipped with CATL's power batteries, with a total power capacity of 7.5MWh, which is equivalent to the total battery capacity of more than 100 electric cars.
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Luckin Coffee revenue still growing in first three quarters, just at a slower rate
For the first three quarters of 2020, Luckin Coffee's single-quarter revenues were RMB565 million, RMB980 million and RMB1.145 billion, up 18.1%, 49.9% and 35.8%, respectively, a significant slowdown from previous growth rates.
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ByteDance hiring talent to develop new drugs using AI technology
ByteDance AI Lab is looking for talent in artificial intelligence and drug discovery in Beijing, Shanghai and Mountain View, California.
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OPPO establishes first overseas 5G innovation lab in India
OPPO today announced the establishment of a 5G Innovation Lab at its R&D center in Hyderabad, India, to focus on core product technology development in the 5G connected ecosystem.
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Beijing to use 5G technology to shorten minimum time interval of subway trains by 10%
Beijing will build the first smart metro demonstration line and will study the use of 5G technology to improve train operation efficiency and system reliability so that the minimum travel interval during peak periods can be reduced by more than 10%.
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Huawei unveils automotive-grade high-performance LiDAR and establishes pilot production line
Huawei says it is already pushing ahead with an annual production capacity of 100,000 sets/line to accommodate future mass production demand.
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Baidu Apollo gets first autonomous driving test license issued by Nanjing
After receiving the L4 autonomous driving test license, the Hongqi EV self-driving car jointly developed by Baidu and FAW Hongqi will conduct autonomous driving tests in Qinhuai District, Nanjing.
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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.