Tech Industry
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Huawei net profit up 23% year-on-year in H1 despite continued US crackdown
Despite the continued escalation of the US crackdown, Huawei still achieved growth in revenue and net profit in the first half of the year.
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Prominent Chinese entrepreneur slams Luckin Coffee for financial fraud, says it's a disgrace to Chinese people
Luckin Coffee's financial fraud has sparked a crisis of confidence among international investors in Chinese companies. In his latest presentation, leading Chinese entrepreneur Yu Minhong slammed Luckin Coffee.
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ZTE's net profit up by 26.29% year-on-year in H1 to RMB 1.857 billion
ZTE's first-half revenue was RMB 47.199 billion, up 5.81% year-on-year, according to the company's financial report released today.
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Yangtze Memory launches ZHITAI sub-brand for 3D NAND flash memory market
Yangtze Memory Technologies, China's top memory chipmaker under the umbrella of Tsinghua Unigroup, today announced the launch of ZHITAI, a sub-brand for 3D NAND flash memory products and solutions Market.
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UnionTech OS V20 Personal Edition offers free activation with a value-added service priced at 99 RMB/year
UnionTech OS V20 Personal Edition (1010) was released Thursday, offering features including a newly designed launcher menu, dual kernel mechanism, system experience tools, system backup and restore, fingerprint recognition, and system security enhancements.
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OPPO partners with local operator to enter Latin American smartphone market
OPPO and América Móvil, the largest telecommunications operator in Latin America, have announced a strategic partnership agreement.
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UnionTech OS V20 Personal Edition (1010) released, adding support for QQ and WeChat
UnionTechOS V20 Personal Edition (1010) was released today, upgrading some Wine applications to achieve native application experience, with QQ, WeChat and other common popular applications can be used perfectly.
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Chinese city already has civil servants receiving part of their salaries in digital RMB
China's central bank digital currency testing and preparations are moving forward, and in Suzhou, one of the pilot regions, some government workers are already receiving part of their salaries in the form of digital RMB, according to CCTV.
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Alibaba suspends plans to invest in Indian companies
Alibaba has suspended plans to invest in Indian companies and will not put in new money to expand its investments in India for at least six months, Reuters said, citing people with knowledge of the matter.
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SMIC shares hit new low since IPO, market capitalization down 150 billion yuan from July's high
As China's largest and most advanced semiconductor manufacturing company, Semiconductor Manufacturing International Corporation (SMIC), was pinned on high expectations. However, today, more than a month after its listing on China's A-share market, the company's share price fell to a new low, losing 150 billion yuan in market value.