Tech Industry

Central Chinese city Wuhan strives to exceed the total mileage of 5G-based automated driving open test roads by 100 kilometers, becoming the largest 5G vehicle and road collaborative automated driving demonstration zone in China, local media said.

China is strongly supporting the development of its semiconductor industry against the backdrop of US restrictions on Chinese companies such as Huawei to obtain chips.

Huawei has decided to postpone the release of its 5nm Kirin chip, as there are only two things for them to do now, the first is to keep a low profile and the other is to push TSMC to deliver the orders quickly, Sohu Tech reported Friday citing industry chain sources.

China today successfully launched a reusable test spacecraft at the Jiuquan Satellite Launch Center, Xinhua News Agency reported.

Chinese smartphone maker OPPO has opened its first sales store in Hamburg, Germany. The new location is on Hamburg's Minkelbergstrasse, one of the most popular waterfront promenades in the Hanseatic League city.

Guo Ping, Huawei's Rotating Chairman, said that Huawei will continue to invest in its chip designing arm HiSilicon, while helping front-end partners improve and build their capabilities. "We believe that in a few years there will be a stronger HiSilicon," he said.

Among the world's top 10 IC design vendors, Broadcom, Qualcomm and NVIDIA ranked in the top three, MediaTek and AMD ranked fourth and fifth, and Huawei HiSilicon ranked outside the top 10, according to a report released by TrendForce's Topology Research Institute.

GSX Techedu, a US-listed Chinese education company, began facing an investigation by the US Securities and Exchange Commission (SEC) after a spate of attack by short-sellers.

Rumors have been circulating that MediaTek has cancelled its plans to develop a high-end 5G platform based on the 5nm process, which would have been almost entirely tailored for Huawei.

The board of directors of Luckin Coffee, which is embroiled in the financial fraud controversy,  voted at an extraordinary general meeting held on September 2 to approve a resolution to reinstate Sean Shao as an independent director.