Chinese consumers are rushing to purchase Huawei’s smartphone featuring its high-end Kirin chips, fearing that the company’s production of its premium handsets will face punitive curbs by U.S. trade action. According to Huaqiangbei, smartphone vendors in China’s southern city of Shenzhen, are seeing a steady rise in the prices of used and new Huawei phones…
The secondary listing is of strategic importance to Alibaba since it would provide it with fresh funds which it needs to beat its U.S. rivals; technology is a sector where China lacks behind the U.S.; fresh capital infusion is required in the newer sectors it has expanded into such as cloud computing. According to sources…
Chinese telecom company ZTE Corp had been subject to U.S. sanctions. Its controlling state-owned controlling shareholder Zhongxingxin Telecom plan on selling as much as 2% of its shares once the stock has doubled its value. According to regulatory filing, the controlling stakeholders of China’s ZTE Corp’s plan to slash their stake, by as much as…
China is making concerted efforts to bridge the strategic gap, vis-a-vis the U.S, that it currently lacks, in manufacturing semiconductors.
Motorola Moto Z’s modular design holds the potential to be the next smart thing for the mobile platform. A widespread acceptance could hammer down mod prices. Motorola’s Moto Z was the tool of choice for the company’s latest hackathon in San Francisco. Nerds and geeky entrepreneurs swooped down on the event to take a crack…
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