Tencent Granted Patent for Superconducting Quantum Chip
A patent entitled "Frequency Control Signal Processing Method of Qubit, Superconducting Quantum Chip" applied for by Tencent in October 2020 was officially granted on Tuesday.
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Universal Beijing Resort to Initiate Trial Operations on September 1
As its three-month internal stress test draws to a close, the Universal Beijing Resort (UBR) announced on Tuesday it will officially start trial operations on September 1.
8/25/20212 min read
Meizu Denies Plans to Launch HarmonyOS Smartphone in 2023
A Chinese blogger leaked on Wednesday that Meizu plans to develop a mobile phone based on OpenHarmony, to debut next year at the earliest, as the first non-Huawei phone with HarmonyOS. However, Meizu responded: "No news received, and no comment."
6/30/20222 min read
Hello Group Announces Name Change from Momo
Chinese mobile social and entertainment platform Hello Group Inc. announced on Monday it has changed its name from "Momo Inc." to "Hello Group Inc.".
NetEase's Most Popular Game 'Eggy Party' Will Land on Nintendo Switch Next Month
NetEase announced that the trendy casual competitive game 'Eggy Party' will land on the Switch platform on July 19th.
BYD 'SUPER 8' SUV Will Adopt Huawei ADS 3.0
BYD partners with Huawei, the SUPER 8 will be equipped with Huawei's ADS 3.0.
CATL's Q1 Net Profit Reaches $1.43B, Gross Profit Margin Exceeds 20%
On April 20th, CATL released an impressive first-quarter financial report. The report revealed that the company achieved an operating income of 89.038 billion yuan ($12.96 billion) in the first quarter of this year, which is an increase of 82.91% compared to last year's figures.
Luckin Coffee: the Newest Unicorn after First Funding Round
Luckin Coffee announced on July 11 the completion of their Series A funding round, giving the company a valuation of $1 billion and bringing it into the unicorn...
7/11/20182 min read
Top Chinese Governing Bodies Call '996' Work Culture Illegal
On Thursday, top Chinese governing bodies released a collective memo, saying that the '996' work culture - a 12-hour, six-day working schedule - represents a serious violation of the law pertaining to maximum work hours.
8/27/20213 min read
Corporate Changes Completed at Ant Group
Ant Group has restructured its shareholder setup in January to align voting rights with economic interests, eliminating the potential for single or joint shareholder control.
1/24/20242 min read
Tencent’s Non-IFRS Profit Drops 25% YoY in Q4
Chinese tech giant Tencent announced on Wednesday the company's unaudited consolidated results for the fourth quarter of 2021 and the audited consolidated results for the year ended December 31, 2021.
3/23/20225 min read
Second Stage of Tesla Gigafactory Shanghai Project Completed
On August 2, Shanghai enterprises and institutions environmental information platform showed the details of a construction project in which part C of the second stage of Tesla's Gigafactory Shanghai Project (Phase I) was completed.
8/2/20223 min read