Tech

The US is allowing a growing number of companies to sell chips to Huawei's non-5G business, the Financial Times reported Thursday.

Samsung Electronics' share of India's smartphone market reached 24 percent in the third quarter, ahead of Xiaomi's 23 percent, winning the first place again after two years, according to data released Thursday by market research firm Counterpoint Research.

VIA Technologies announced on October 26 that it is selling certain intellectual property rights (excluding patent rights) related to chip products to Shanghai Zhaoxin, in which it holds an indirect 14.75% stake, in a transaction valued at $139 million.

The National Supercomputing Center in Shenzhen says it plans to boost its computing power by at least 1,000 times by 2022, supporting basic science research, cloud computing, big data and artificial intelligence, according to Chinanews.com.

Online Market Intelligence (OMI) lists Xiaomi and Huawei among the 20 favorite brands of Russians.

Huawei announced today that it will launch its new in-car smart screen powered by Huawei HiCar on October 30, the same day it plans to unveil its new Mate40 series of phones in China.

Samsung Display, the display unit of Samsung Electronics, has received licenses from US authorities to continue supplying certain display panel products to Huawei, Reuters reported on Tuesday citing a source familiar with the matter.

A Chinese team has recently successfully developed the world's first quantum direct communication prototype with practical value, realizing a 10-kilometer fiber optic link at a communication rate of 4 kb/s quantum confidential telephone, an article published today on the Ministry of Science and Technology's website showed.

In response to a media report that it has set up a working group to deal with competition from Chinese mainland electronics maker Luxshare Precision, Foxconn has dismissed it as false information.

WeChat, Alipay and the central bank digital RMB are not in the same dimension and they do not compete, said Mu Changchun, director of the People's Bank of China's Digital Currency Institute, at the forum of the second Bund Financial Summit in Shanghai.