Tech Industry

To date, Tencent has invested in more than 800 companies, of which more than 70 have gone public and more than 160 are unicorns with a market capitalization or valuation of more than $1 billion.

In the second quarter of 2020, China's mobile phone market continues to transition from 4G to 5G, with 5G phone models accounting for more than half of the total, according to a report by the China Academy of Information and Communications Technology (CAICT), a government think tank.

Shenzhen-based Powev Electronic Technology Co., Limited today announced the release of its Gloway Yi Series SSDs, powered by Yangtze Memory 3D NAND.

Xiaomi Group today announced that Zeng Xuezhong has been appointed as its Vice President and President of the Mobile Phone Division, responsible for the development and production of mobile phone products and reporting to Chairman and CEO Lei Jun.

After a month of in-orbit testing, BeiDou's last satellite passed all tests, according to CCTV.

SVG Group, a Chinese technology company, announced on Monday that it has launched industrial production of its iGrapher 3000, the world's first large-scale UV-3D direct lithography machine.

UNISOC, a Chinese fabless semiconductor company, has joined Open Invention Network (OIN), the world's largest patent protection community, the company announced in its WeChat account.

Huawei said today that previous reports that its Indian subsidiary plans to lay off more than 50 percent of its workforce were untrue.

Qualcomm yesterday announced a new fast charging technology called Quick Charging 5 (QC 5). Qualcomm claims that the new standard will charge a 4500mAh battery from 0 to 50 percent in 5 minutes and to 100 percent in 15 minutes.

Tencent will acquire China's second-largest search engine company Sogou (SOGO.US) in a wholly owned deal, 36Kr reported, citing a person with knowledge of the matter.