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  • Tencent announces 50b yuan social charity investment plan

    Aug 25, 2021

    Tencent Holdings Ltd announced a plan to double its fund for social charitable causes in a bid to help promote "common prosperity" in China.

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    Lenovo doubling R&D investments for edge in digitalization

    Aug 18, 2021

    Lenovo Group Ltd will further invest in innovation and aims to double its research and development investments over the next three years, as the Chinese tech heavyweight works to tap into opportunities from accelerated digitalization and intelligent transformation.

  • Huawei's net profit margin hit 9.8% in H1 2021

    Aug 18, 2021

    Huawei Technologies Co said on Friday it generated 320.4 billion yuan ($49.6 billion) in revenue in the first half of this year, with its net profit margin reaching 9.8 percent.

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    Huawei to invest $100m in Asia-Pacific startup ecosystem over 3 yrs

    Aug 18, 2021

    Huawei Technologies Co on Tuesday announced its plan to invest $100 million to support startups over the next three years, as the Chinese tech heavyweight aims to help build a sustainable startup ecosystem for the Asia-Pacific region.

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    Baidu reports Q2 earnings surpassing expectations

    Aug 12, 2021

    Chinese internet search giant Baidu Inc reported better-than-expected second-quarter financial results on Thursday, with total revenue increasing 20 percent year-on-year to 31.4 billion yuan ($4.86 billion), yielding a non-GAAP (generally accepted accounting principles) net profit of 5.4 billion yuan.

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    Honor makes strong push into high-end smartphone segment

    Aug 12, 2021

    Honor Device Co Ltd is making arguably its biggest push to expand presence in the high-end smartphone segment with its Magic 3 series, as its share in the Chinese market steadily recovers.

  • Huawei's HarmonyOS 2 users exceed 40 million

    Aug 6, 2021

    The users of HarmonyOS 2, the operating system for the smartphones of Chinese telecom giant Huawei, have exceeded 40 million, the company said at a new-product launch event Thursday.

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    Lenovo opens Shanghai future center to empower industrial upgrade

    Aug 6, 2021

    Lenovo Group Ltd unveiled a "future center" in Shanghai to showcase how its digital technologies can help advance industrial upgrade, as the Chinese tech titan accelerates steps to empower the real economy.

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