Pandaily's Digest #20220509
As ByteDance established Douyin Group (HK) Limited as a separate entity, rumors began to swirl about a potential public listing on the Hong Kong Stock Exchange.
ByteDance Sets Up Douyin Group, Rumored to be Listed in Hong Kong
Once ByteDance established Douyin Group (HK) Limited as a separate entity, rumors began to swirl about a potential public listing on the Hong Kong Stock Exchange. Regarding the possible listing, a spokesman for Douyin responded to domestic media that the company “refused to comment.”
OnePlus to Launch New Model of Ace Series This Month
Last month, Chinese consumer electronics firm OnePlus officially released a new smartphone model, the OnePlus Ace, but it was recently revealed that the company will also launch a new model with high-end market positioning this month.
Deep Blue Aerospace Completes China’s First Kilometer-Level Rocket Launch and Landing Test
Deep Blue Aerospace, a Chinese commercial rocket company, announced on May 6 that its self-developed “Nebula-M1” test rocket had conducted a vertical takeoff, vertical landing (VTVL) test to an altitude of 1 kilometer. The rocket moved laterally during the flight, and finally landed at a point less than 0.5 meters away from the target.
Rumors Say Qualcomm Snapdragon 8 Gen 1+ to Be Released Soon
At the end of last year, Qualcomm, the world’s leading wireless technology innovator, introduced its Snapdragon 8 Gen 1, a mobile platform with the company’s strongest performance so far. Up until now, almost all major mobile phone brands have launched their top flagship models with this chip bundled inside. As the month of May begins, the Snapdragon 8 Gen 1+, an upgraded version of the Snapdragon 8 Gen 1, has hit the rumor mill.
Flexible Display Maker Royole Begins to Repay Staff Wages
A number of employees from Royole, a flexible display developer in China, told local media outlet Jiemian News on Thursday that, as of Friday night, they had received all the wages they were previously owed. However, the company only repaid the wages of on-the-job employees and employees who have left the job but have not gone through arbitration.
Specs of Realme’s New Budget 5G Smartphone V23i Leaked
Shenzhen-based mobile phone brand realme launched the V23 smartphone model not long ago, starting from 1,699 yuan ($255). Recently, a new product with internal name “realme RMX3576” has been shown on China Telecom’s product database, and it is ready to go on sale. The new model is officially named realme V23i.
Tencent Expands to UK With Establishment of Liverpool Studio
Tencent Games has set up a new studio in Liverpool, UK, led by Pete Smith, VP of partnerships for Tencent Games Global, Gamesindustry reported on Saturday. The studio has already been in operation for a period of time.
Tesla Shanghai Expects to Resume Pre-Lockdown Output in Mid-May
Tesla anticipates increasing the production capacity of its Shanghai Gigafactory to pre-lockdown levels around mid-May, but it has not disclosed specific target figures, local media outlet Yicai reported on May 7, citing individuals familiar with the matter.
Life-sharing Platform Xiaohongshu Launches One-stop Advertising Service Platform
In order to help the brands on its platform reach their target users in a much more efficient and productive way, Xiaohongshu, a life sharing platform in China, launched a one-stop advertising service platform named “Spotlight” on Saturday to help supercharge brand exposure.
Vivo T2 Budget Smartphone Expected to Be Released Soon
Chinese smartphone brand vivo previously launched the T1 series in India, including the vivo T1 5G, the vivo T1 Pro and the vivo T1 44W. The series was launched in China last year, with slightly different specifications and appearances from the Indian versions.
