Tech
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Xiaomi vice president ordered to pay RMB 5.25 million to Lenovo for violation of non-compete agreement
A labor dispute arbitration commission in Beijing has ruled that Chang Cheng, vice president of Xiaomi Group and former Lenovo vice president, should continue to perform his non-competition obligations and pay 5.25 million yuan ($780,000) to Lenovo for breach of his non-competition obligations.
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TSMC rumored to get license to continue supplying some products to Huawei
Following AMD and Intel, TSMC has also received a license from the US Department of Commerce to continue supplying some of its mature process products to Huawei, Chinese chip industry website laoyaoba.com quoted a person with knowledge of the matter as saying.
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Shenzhen joins hands with China's central bank to distribute 10 million gift money in form of digital RMB
The much-anticipated digital RMB is finally coming to the public.
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Ming-Chi Kuo: Huawei may choose to sell Honor smartphone business in response to US sanctions
One of the most likely scenarios in Huawei's response to US sanctions would be the sale of its Honor smartphone business, said Ming-Chi Kuo, an analyst at Tianfeng International.
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iQIYI says found no evidence to support allegations of short seller, shares open over 3% higher
Shares of US-listed Chinese video streaming site iQIYI (Nasdaq: IQ) opened up more than 3 percent after the company said an internal investigation found no evidence to support allegations of short-selling agencies.
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US-listed Chinese EV makers higher pre-market, NIO up about 3%
Shares of US-listed Chinese EV makers were higher in pre-market trading on October 5 as positive news spurs investor interest.
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Chengdu-Chongqing high-speed railway will be first in China to increase speed to 350 km/h
The Chengdu-Chongqing high-speed railway line is being upgraded, and will be opened for debugging after the National Day. After the debugging is completed, the whole operation of high-speed rail from Chengdu to Chongqing will be shortened to less than one hour, Xinhua News Agency quoted China Railway Construction Corporation (CRCC) as saying on October 5.
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SMIC falls 5% in Hong Kong after confirmation of US export restrictions
SMIC shares were down 4.86% at HK$17.24 in Hong Kong in early morning trading after the company on Sunday confirmed in an announcement on the Hong Kong Stock Exchange about US export restrictions.
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Samsung overtakes Huawei in August to regain top global smartphone market share
Samsung has regained its position as the world's smartphone leader in August and distanced itself from Huawei, with a market share gap of around 6 percentage points between the two sides, according to a new report from market researcher Counterpoint.
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Video of Chinese student running program on laptop while riding bike goes viral
A video showing a student at Tsinghua University holding a laptop running a program while riding a bicycle has recently been widely circulated on the Chinese Internet.
