With the recent unfavorable circumstances faced in Australia, ZTE is looking to make a comeback with its new flagship— the Axon 9 Series. The company is planning to announce it during this year’s IFA in Berlin between August 31 and September 5.
Huawei Australia tweeted on August 23 that the Australian authority has banned Huawei and ZTE from providing 5G technology in the country.
Cheetah Mobile stock price soared over 23 percent on August 20 in the U.S. stock market, after the Chinese mobile internet company published its financial reports for the second quarter of 2018.
China now has over 800 million Internet users, as indicated in the half-year report on China’s Internet by the China Internet Network Information Centre (CNNIC) released on August 20. Out of the 800 million, 788 million are mobile Internet users.
On January 31, the China Internet Network Information Center (CNNIC) released the 41st statistical report of China Internet network development in Beijing. As of December 2017, China’s Internet population reached 772 million, with a penetration rate of 55.8 percent.