Tech Industry
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Tesla confirms Supercharger factory in Shanghai, plans to start production in Q1
The project is scheduled to go into production in the first quarter of 2021, with an initial planned annual output of 10,000 superchargers, mainly V3 superchargers.
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China Unicom exec says 5G millimeter wave trials conducted, with speeds up to 9Gbps
China Unicom and China Telecom are working together to explore the possibility of building the world's largest shared network.
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Xiaomi President says Huawei's sale of Honor has no impact on its strategy
On November 17, Huawei announced the sale of the Honor brand. After the sale, Huawei no longer holds any shares in the new company.
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Xiaomi's Q3 revenue up 34.5% year-on-year, highest growth rate in two years
Xiaomi's smartphone revenue reached RMB 47.6 billion in the third quarter, up 47.5% year-on-year, and smartphone shipments increased by 45.3% to 46.6 million units.
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Report says China's 5G packages have dropped to under $15
The price of 5G cell phones in China has fallen sharply, and 5G package prices have also fallen to less than RMB 100 (about $15), according to the blue paper "China Internet Development Report 2020" released Monday.
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MediaTek's 2021 5G chip shipments may exceed 120 million as OPPO, Xiaomi orders increase
By comparison, MediaTek is expected to ship about 45 million 5G chips this year.
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After Shenzhen, another Chinese city to launch digital RMB gift money test
China's Suzhou city will launch a pilot program of giving digital RMB gift money during the December 12 shopping festival, an upgrade from Shenzhen.
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ZTE exec says AI reduces energy consumption by 20% for 5G and 4G networks
ZTE showcased a series of industry-leading 5G innovations.
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JP Morgan raises NIO price target to $50, explains when valuation will come back down
"We think only disappointing or weak sales would trigger a pullback in NIO shares, which is not our baseline scenario at this point," JP Morgan said.
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ARM China joins China's Software Green Alliance
The move will extend the reach of ARM China and other members in key areas such as 64-bit Android software ecosystem migration, security, image processing, and open solution capabilities.
