The tech giants hope to begin commercial operation of the data connection between the Philippines and California by late 2022.
TECHNOLOGY
Hong Kong stocks drop as China regulatory concerns linger before reports signalling further slowdown in economy
Hong Kong stocks decline amid lingering concerns about regulatory crackdown, while traders await key July data on China’s economic pulse amid a resurgence in delta cases.
MAD Reveals Images for Hainan Science and Technology Museum in Haikou City, in China
MAD Architects has unveiled his design proposal for Hainan Science and Technology Museum Haikou City, Hainan, China.
China’s CATL looks to raise $9 bln to expand lithium-ion battery production
Chinese battery giant CATL (300750.SZ) said it was planning a private share placement to raise up to 58.2 billion yuan ($8.98 billion) to fund six projects aimed at boosting its production capacity of …
After NY exit, China Mobile eyes big U-turn with Shanghai listing
The three big Chinese state-owned telecom companies that delisted in New York this year are turning homeward to raise capital and expand their business as tensions with the U.S. and Beijing’s …
China’s CATL Looks to Raise $9 Billion to Expand Lithium-Ion Battery Production
Chinese battery giant CATL said it was planning a private share placement to raise up to 58.2 billion yuan ($8.98 billion) to fund six projects aimed at boosting its production capacity of lithium-ion …
China tech crackdown: Beijing’s soft touch on tax for Big Tech is set to end as it seeks more focus on science
Beijing is set to roll back tax incentives for software companies in favour of hard tech research and development, a policy change that may cast a shadow over the earnings prospects of companies such …
How Big Tech crackdowns in US, China are driving technological decoupling
Despite all their differences and disagreements, the United States and China have both recently launched attacks against big technology giants. In the US, the Federal Trade Commission has accused …
China’s domestic mobile shipments up 28.6% in July
China’s domestic mobile shipments witnessed a 28.6 percent increase year-on-year, reaching 28.68 million units in July according to the China Academy of Information and Communications Technology. 5G …
China Mobile posts 6 per cent profit gain on strong jump in 5G users in first half
The world’s largest wireless network operator posted a net profit of US$9.1 billion in the six months through June, up 6 per cent from a year ago.
IDC Names Luokung VIE eMapGo a Top Player in China’s HD Maps Market in 2020 China Market Share Report
Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services (“LBS”) and …
DEEP Robotics Launches China’s First Industrial Waterproof (IP66) Robot Dog Jueying X20
DEEP Robotics, a leading Asian intelligent quadruped robotics company, recently announced the launch of its newly developed robot dog Jueying X20, meeting the needs of various application scenarios by …
Baidu Outlook Disappoints After Covid Surge, China Crackdown
Baidu Inc. delivered a conservative outlook for the current quarter as a resurgent pandemic outbreak in China overshadowed the internet search giant’s push into newer arenas like cloud and smart …
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