Huawei TV to Launch in April, Targeting 10 Million Annual Sales
On March 20th, a top executive from a supply chain of Huawei TV revealed to a reporter from Jiemian News that the Huawei TV will be released next month.
OPPO’s First 5G Smartphone Receives 5G CE Certification
OPPO announced today that its first ever 5G smartphone has successfully passed 5G CE tests conducted by global inspection services authority, Sporton International Inc., and was awarded a 5G CE certificate by CTC Advanced GmbH.
Faraday Future Sells Headquarters After Break with Main Investor Evergrande
Faraday Future has sold its Los Angeles headquarters in a desperate effort to stay afloat after dispute with their former main investor Evergrande.
Bytedance Apps Prohibited from Sharing WeChat User Info
The competition is heating up between Chinese tech giants Tencent, owner of WeChat, and the world’s most valuable startup ByteDance, the company behind TikTok.
Xiaomi CEO Loses Bet to Gree Despite Strong Growth in 2018
China’s electronic company Xiaomi announced a 52.6 percent year-on-year growth in revenue in 2018 despite a lower-than-expected revenue in its fourth quarter.
Huawei Filed the Most International Patent Applications Via WIPO in 2018
The Chinese telecoms giant Huawei topped the list of 2018 international patent applicants with a record number of 5,405 published PCT applications, according to data from World Intellectual Property Organization.
Chinese Companies Occupies One-third of the World’s Unicorns, ByteDance Tops the List
Ninety-four Chinese entities have reached unicorn status, led by ByteDance, the world’s most valuable private company valued at $75 billion.
Transsion Seeking to Go Public on a Technology Innovation Board
Transsion, a Chinese smartphone manufacturer, which dominates the African market, is planning to go public on Shanghai’s technology innovation board.
Harm of E-cigarettes Exposed on Consumer Rights Day TV Show
In the annual 315 evening gala, a tv show that celebrates consumer rights day, companies that range from the food industry to the tech sector are all facing collective examination.
Faraday Future Announces the Sale of Its Property in North Las Vegas for $40 million
Faraday Future (FF) announced on Mar. 13 that it has decided to sell 900 acres of land in North Las Vegas, Nevada for $40 million.
Alipay Partners with Barclaycard as Chinese Tourism Blossoms in the UK
Alipay, the world’s leading payment platform, today announced a new agreement with Barclaycard, a multinational credit card and payment services provider that processes nearly half of the UK’s credit and debit card transactions.
Pinduoduo Stocks Drop Despite Revenue Exceeding Wall Street Expectations
Pinduoduo released its full-year financial report on Mar. 13. The Shanghai-based Chinese e-commerce company, which has been likened to Groupon, exceeded market expectations in terms of revenue but missed earnings estimates.
Huawei Ranked Second Among Patent Applications Filed with the EPO
In 2018, businesses and inventors continued to file large numbers of patent applications to the European Patent Office (EPO). Huawei had the second most patent applications in 2018 with 2,485 applications.
Meituan Reports Growing Losses, Followed by Stock Slide
China’s online food delivery-to-ticketing company Meituan Dianping reported a total loss of 115 billion yuan in last year, and an 11 billion yuan operating loss, dropping down by 190 percent compared to that of 2017.
Tesla Decides Against Lowering Prices to Keep More Stores
There has been a new development on Tesla’s sales strategy.