20190727 China News
Source: | Author:eacham | Published time: 2019-07-27 | 812 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:

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Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology.

Huawei on Friday launched its first 5G mobile phone for commercial use in Shenzhen, home to its headquarters, as the telecom giant seeks to usher in the fast-speed 5G mobile world.

Alibaba's chip-making subsidiary Pingtouge Semiconductor Thursday launched its first processor XuanTie 910 built on an open-source architecture.

As China moves forward from being the world's manufacturing powerhouse to an innovation-driven economy focusing on high-quality development, the innovation capabilities of Chinese pharmaceutical companies have been growing steadily, reflected by the rapid development of domestic biologics and innovative medicine sector, industry people said.

Huawei and its partners have made a commitment to explore 5G intelligent agriculture applications in Canada - including at a winery.

The Chinese central bank will tighten regulations on large financial holding companies to control leverage levels and prevent systemic risks, according to a People's Bank of China (PBOC) statement on Friday.

China has greenlighted the export of second-hand vehicles. As a result, nine cars were loaded onto a cargo ship in Nansha port in South China's Guangdong province last week, ready to sail to Cambodia. It took only three minutes for customs in Nansha to successfully clear the vehicles.

FedEx's claim it "inadvertently misrouted" Huawei-related packages to the United States is not consistent with the facts according to a recent investigation by relevant authorities, People's Daily reported on Friday.

Source:Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham



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