Tech Industry

China's manned space program is now pushing ahead with the construction of the space station, striving to complete the on-orbit construction plan around 2022 and prepare for the long-term stable operation of the station, according to CCTV.

Chinese self-driving startup Pony.ai announced on November 6 that it has raised a total of $267 million in Series C funding. With this round of funding, Pony.ai has raised more than $1 billion in total funding and is valued at more than $5.3 billion, making it the most highly valued company in China's automated driving space.

The Ceres-1 launch vehicle, developed by China's private space company Galactic Energy, was successfully launched at 15:12 on November 7 at the Jiuquan Satellite Launch Center, sending a data acquisition satellite into a predetermined orbit.

China Telecom has started large-scale commercial use of its 5G SA (stand-alone) network in more than 300 cities, the world's largest, said Li Zhengmao, general manager of the Chinese operator, at its Smart Eco Expo on November 7.

Huawei ranked No. 1 in China's smartphone market with 35.1 million units shipped in the third quarter and a market share of 41.4 percent, more than double that of second-place Vivo, data released today by IDC showed.

ASML is open to exporting IC mask aligner to China and will fully support it within the legal and regulatory framework, Shen Bo, global vice president and president of the mask aligner manufacturing giant's China region, said in an interview with thepaper.cn on November 5.

Alibaba's revenue rose 30 percent year-on-year to RMB 155.06 billion in the second quarter of fiscal 2021, which ended September 30, 2020, slightly ahead of market expectations of RMB 154.84 billion.

The mask aligner manufacturing giant ASML is present at the ongoing 3rd China Import Expo, and is exhibiting the DUV mask aligner at its own booth, Chinese media reported.

Shares of US-traded Chinese electric car makers - NIO, XPeng, and Li Auto - all rose sharply as Citi issued a bullish report.

Beijing-based TikTok owner ByteDance plans to open another 10,000 jobs by the end of the year, on top of the nearly 30,000 hires it has already made in China this year, TechWeb reported Wednesday, adding that ByteDance's total workforce will top 100,000 when the new hiring is complete.