
Huawei to Boost R&D Budget by $5.8 Billion, Confident to Meet 2020 Financial Goals
China's biggest smartphone maker Huawei plans to boost its research and development (R&D) spending by $5.8 billon to more than $20 billon this year.
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China's biggest smartphone maker Huawei plans to boost its research and development (R&D) spending by $5.8 billon to more than $20 billon this year.
This past week saw Keep, China’s answer to Nike’s Training Club, officially become the first unicorn in the world of fitness tech.
The lifestyle sharing platform Xiaohongshu responded on Tuesday to media reports that "shopping notes on Xiaohongshu are ghostwritten and shared by others for only a 4 yuan ($0.63) charge."
Nokia Shanghai Bell (NSB) and China's First Automobile Works (FAW) signed a MoU on strategic cooperation to ink R&D alliance on smart networked vehicles, Industrial Internet o Things (IIoT), intelligent manufacturing and digital transformation.
Tech Planet reported on Monday that Wang Changhu, the head of Vision Technology at ByteDance, has recently left his post at the firm.
Bilibili announced today its unaudited financial results for the second quarter this year, with its net loss reaching 1.12 billion yuan, compared with 570.9 million yuan in the same period of 2020.
On February 21st, Volkswagen Group (China) and CATL signed a strategic cooperation memorandum to promote the electrification process.
Chinese telecommunications giant Huawei on Friday announced that it is inviting companies to become a partner in the HarmonyOS Connect ecosystem.
This is yet another double-digit growth for Huawei for the sixth consecutive quarter against the backdrop of a gloomy Chinese market.
Xin Lijun, CEO of e-commerce giant JD.com's retail arm, on March 7 explained some of the details regarding the the recent discounts across the platform to tap new users.
News emerged on Monday that Chinese beverage chain Luckin Coffee is considering carrying out a public listing in Hong Kong as its business gets back on track. However, the company issued a statement denying such reports.
There has been a new development on Tesla's sales strategy.