Tech Industry

SoftBank and bankers have approached several new tech giants about a potential ARM sale, including TSMC, Qualcomm and even SMIC, according to Tencent Tech.

Huawei recently announced its Digital Payment Cloud solution, which aims to help digital payment operators build a payment ecosystem centered on super apps to accelerate the development of financial inclusion in emerging markets.

SMIC's second quarter sales increased 18.7 percent to $938.5 million compared to $790.9 million in the same period last year and was up by 3.7 percent compared to $904.9 million in the first quarter.

Several sources from state-owned banks said they are testing digital wallet applications on a large scale in Shenzhen and other places in preparation for the official landing of China's digital currency, according to 21jingji.com.

At the time of flooding in many parts of China, DAMO Academy, Alibaba's research and innovation institute, urgently upgraded its remote sensing AI technology and developed water body recognition algorithms for flood control to support the Ministry of Water Resources' monitoring and analysis.

How do we understand the many restrictions the US has placed on China's high-tech industry?

There are many mobile phone manufacturers working with the BeiDou system, and currently only Apple is an exception, Ran Chengqi, director of the China Satellite Navigation System Management Office and spokesman for BeiDou's satellite navigation system, said at a recent conference.

Xiaomi was the fastest growing vendor in the European mobile phone market in the second quarter, with a market share of 17 percent, the same as Huawei, according to a report released today by Canalys.

Chinese social media giant Tencent is driving discussions to merge the country's biggest game-streaming platforms Huya and DouYu,  Bloomberg reported Wednesday citing people familiar with the matter.

Media reports that genius young man Zhang Ji, born in 1993, got Huawei's 2.01 million yuan annual salary offer right after graduation has recently gained wide attention in China. In this regard, he said that such a high annual salary also puts a lot of pressure on him, and he hopes to make the most of his value and do something meaningful.