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Chinese telecom giant Huawei announced on Wednesday that its revenue fell 16.5% year-on-year to 152.2 billion yuan ($23.38 billion) in the first quarter of 2021, as US sanctions continued to cause damage to the company’s business.
Didi Chuxing, China’s Uber-like ride-sharing service provider, has once again plunged itself into a gender-related crisis.
Chinese telecom giant Huawei has filed lawsuits alleging 12 patent violations against American telecom provider Verizon.
Huawei launched HMS Core 4.0, the latest version of their in-house mobile services ecosystem.
On August 30, Alibaba Cloud announced the official launch of its Zhangbei Super Intelligent Computing Center, with a total construction scale of 12 EFLOPS AI computing power, which will surpass Google's 9 EFLOPS and Tesla's 1.8 EFLOPS.
![[Exclusive] Zhang Yiming’s Full Internal Letter: ByteDance 'Understands' US Decision, Still Aspires to Become Transformative Global Company](https://assets.pandaily.com/uploads/2020/08/zhangyiming.jpg)
On August 3, at 12:40 PM, Beijing local time, ByteDance founder Zhang Yiming sent out an all-staff letter in response to the potential sale of TikTok’s US operations.
TikTok parent company ByteDance reportedly achieved revenue of $61.7 billion in 2021, an increase of 80% year-on-year. Meanwhile, net losses reached an astonishing $84.9 billion.
Huawei released its white paper on autonomous driving based on its core 5G network to advance the development and integration of 5G in the field of self-driving technology.
Lei Jun stated at the 16th China-ASEAN Expo which kicked off on September 21 that Xiaomi’s overseas business is now covering all 10 ASEAN countries.
The world's largest drone manufacturer DJI is planning to strengthen its U.S. presence by promoting cooperation with local government agencies and building a new plant in the country.
The China Foreign Trade Centre confirmed Thursday that China's tech giant Tencent has become the technical service provider for the 127th Canton Fair.
Robin Li, the founder and CEO of Chinese search engine Baidu, said that artificial intelligence (AI) will innovate all kinds of industries, including Baidu’s search engine.