Kingsoft Cloud Reported Net Losses Of CNY330 Million In Q1 2020

Kingsoft Cloud recently published its financial report for the first quarter of 2020, stating that the company realized operating revenue of CNY1.391 billion, a...

Latest Updates

Oppo Launched Western Europe Headquarters

Chinese smartphone brand Oppo recently announced that its Western Europe headquarters in Dusseldorf, Germany is officially launched. With the strategy of "brand globalization and operation...

Xiaomi Published Performance Results For Q1 2020

Xiaomi Group recently announced its performance report for the first quarter of 2020. During the reporting period, Xiaomi Group realized operating revenue of CNY49.7 billion,...

Intel Joined Ant Blockchain Ecosystem

Intel and Ant Blockchain recently announced strategic cooperation and completed remote agreement signing. After joining Ant Blockchain, the hardware leasing supply chain system based on...

Meituan Operating Revenue Down 12.6% In Q1 2020

Meituan Dianping recently published its financial report for the first quarter of 2020, stating that its operating revenue was CNY16.754 billion, a year-on-year decrease...

Tencent To Invest CNY500 Billion In New Infrastructure Construction In Next Five Years

Tang Daosheng, president of Tencent's cloud and smart industry group, recently reviewed during a media interview that Tencent will invest CNY500 billion to further...

IDC: China's Tablet Production Capacity Down 29.8% In Q1 2020

IDC recently released its latest quarterly tracking report on the tablet market, stating that during the first quarter of 2020, China's tablet market shipment...

Baidu Apollo Builds Largest Automated Driving And Vehicle-road Collaboration Test Base In Beijing

Baidu recently announced that its Apollo Park in Yizhuang Economic Development Zone, Beijing has completed construction. It is said that Apollo Park is currently the...

Weibo Net Profit Down 188.68% In Q1 2020

Weibo recently published its unaudited financial report for the first quarter of 2020, stating that its net operating revenue was USD323.4 million, a year-on-year...

Bosch China Realized Operating Revenue Of CNY109.3 Billion In 2019

Bosch China recently announced its group operating revenue performance for 2019 during an online press conference. During the 2019 financial year, Bosch Group achieved sales...

LATEST POSTS

Xiaomi To Acquire 27.44% Stake In Zimi For USD103 Million

Xiaomi Group recently published an announcement, stating that the group would acquire 27.44% shares of Zimi for USD103 million. Xiaomi Group will pay USD25.78 million in...

360, iFlytek Reached Full Strategic Cooperation

According to reports in Chinese local media, 360 and iFlytek announced the signing of a strategic cooperation agreement and the two parties plan to implement...

Tongcheng-Elong Operating Revenue Down 43.6% In Q1 2020

Chinese online tourism service provider Tongcheng-Elong recently published its financial report for the first quarter ended March 31, 2020, stating that the company's operating revenue...

Baidu CIO Li Ying Promoted To Group VP

According to reports in Chinese local media, Baidu announced to promote its CIO Li Ying to vice president of Baidu Group. Meanwhile, Li will continue to...

China Unicom, ZTE Signed 6G Strategic Agreement

China Unicom and ZTE recently signed a 6G joint strategic cooperation agreement. According to the strategic cooperation agreement, the two parties will play their respective innovation...

Oppo, Vodafone Reached Cooperation

Oppo and Vodafone jointly announced that the two parties had signed a cooperation agreement to establish a full cooperation relationship. With the cooperation, Oppo's full lines...

IDC: China's GPU Server Market Scale Will Reach USD6.4 Billion By 2024

IDC recently published its latest report on artificial intelligence infrastructure market. According to the report, the artificial intelligence infrastructure market scale reached USD2.09 billion in 2019,...

TSMC Rumored To Build New Plant In US With USD12 Billion

According to reports in foreign media, the world's leading computing chip foundry Taiwan Semiconductor Manufacturing Company will announce plans to invest USD12 billion to build...

IDC: China's Financial Cloud Market Scale Up 49.6% In 2019

IDC recently released a report on China's financial cloud market, stating that China's financial cloud market scale reached USD3.34 billion in 2019, a year-on-year increase...