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Shockwave of US' Huawei ban hits technology sector

The Trump administration's export ban on Huawei, which took effect on Tuesday (US time), is already sending shockwaves through the technology world, industry watchers said.
Source: Global Times | 2020/9/15 22:33:40

CNOOC launches China's first viscous oil thermal production platform in Bohai Sea

China National Offshore Oil Corp (CNOOC) put its viscous oil thermal production platform into use in Luda 21-2 oil field in Bohai Sea, filling the gap in the large-scale thermal production of viscous oil, according to media reports.
Source: Global Times | 2020/9/15 17:13:43

Russian engineers to join development of HarmonyOS for Huawei

Huawei's Russian research and development (R&D) team said it will join the development of Huawei's Harmony operating system and apps based on it, according to media reports.
Source: Global Times | 2020/9/15 15:58:40

TikTok-Oracle partnership represents Chinese firm's hard-fought fruit though it has no-pass risks: analysts

TikTok's Chinese owner ByteDance has chosen Oracle Corp as a US partner for its video-sharing app ahead of a deadline banning the app that draws near, a move analysts said represents hard-fought efforts by the Chinese firm amid a lack of trust between the world's two largest economies amid worsening bilateral ties.
Source: Global Times | 2020/9/15 14:06:21

TikTok confirms submitting proposal to US authority

Video-sharing social networking company TikTok on Monday issued a statement to media, saying it had submitted a proposal to the US administration, which "we believe would resolve the Administration's security concerns."
Source: Xinhua | 2020/9/15 10:49:53

Shoppers boycott Taipan cakes over support for HK riots

Ahead of the Mid-Autumn Festival on October 1, Hong Kong-based moon-cake manufacturer Taipan Bread & Cakes has reportedly attempted to resume sales on some e-commerce platforms in the Chinese mainland, only to find that consumers continue to boycott its products.
Source: Global Times | 2020/9/15 10:36:48

Huawei won't abandon high-end smartphones despite US chipset ban

While the deadline for cutting off crucial chipset supplies to Huawei is close, very few employees at the company's research and development (R&D) center in Dongguan, South China's Guangdong Province, spend much time talking about it. With no palpable anxiety at its offices, the crackdown by the US government on this Chinese private company taught many Huawei staff one important thing: be focused, make maximum efforts and get prepared for the worst.
Source: Global Times | 2020/9/14 21:38:42

Oracle confirms deal with TikTok owner

Oracle Corp affirmed Monday it is part of the proposal submitted by TikTok owner ByteDance to the US Treasury Department over the weekend in which the US software firm "will serve as the trusted technology provider," according to a company statement.
Source: Global Times | 2020/9/14 23:35:59

Chinese regulators may block Nvidia's $40b Arm buyout: analysts

US semiconductor maker Nvidia said it will acquire UK-based computer chip designer Arm Holdings from SoftBank Group in a transaction worth $40 billion, a deal that could put the Chinese semiconductor industry at the risk of US control, Chinese analysts said.
Source: Global Times | 2020/9/14 21:33:40

First charter flight from US arrives in Beijing

The first US charter flight to Beijing since the start of the COVID-19 outbreak and China moved to close its borders arrived on Sunday, the American Chamber of Commerce in China announced on its Twitter account.
Source: Global Times | 2020/9/14 21:23:40

Huawei won't run out of microchips despite US' coercion: expert

Huawei will not run out of chips despite the US attempt to kill it as China has realized independent innovation on chips with a “Chinese system,” Ni Guangnan, an 81-year-old academic with the Chinese Academy of Engineering in Beijing, told the Global Times on Monday.
Source: Global Times | 2020/9/14 20:50:25

TikTok likely to nail compromised sale deal or choose a 'multi-party' loss situation: experts

As the deadline set by the Trump executive order threatening closure of Chinese video-sharing platform TikTok draws close, it is likely that TikTok's Chinese owner ByteDance would choose partnership or partial sale to a US firm instead of a wrapped-up buyout including its core algorithm technologies, experts told the Global Times on Monday.
Source: Global Times | 2020/9/14 14:28:40

Chinese database Zhenhua denies illegal use of Australians' data

Chinese database Zhenhua Data has denied collecting Australian information from confidential documents, and said it is only mobilizing and compiling data from readily open sources.
Source: Global Times | 2020/9/14 17:55:49

China supports firms to protect themselves, after TikTok reportedly turns away bids

The Chinese Foreign Ministry said on Monday that it supports Chinese businesses to protect own rights and interests, after some media reports said that TikTok's US operations will not be sold to US tech giants Microsoft or Oracle.
Source: Global Times | 2020/9/14 17:12:31

Siemens says it respects China's sovereignty after CEO's remark over HK drew anger

German industrial conglomerate Siemens said it respects China's sovereignty and territorial integrity and upholds the "one country, two systems" principle, after remarks by the company's CEO Joe Kaeser over Hong Kong sparked anger among some Chinese netizens.
Source: Global Times | 2020/9/13 13:55:29

LeTV's founder Jia Yueting banned from China's security markets for life: reports

The founder of Leshi Internet Formation and Technology Corp (LeTV), who was placed on a national debtor blacklist and fled to the US in late 2017, was banned for life from participating in China's securities market, and subject to a 241.2 million ($35.2 million) yuan fine by Chinese security regulators, LeTV said on Friday in response to questions about the fate of its founder.
Source: Global Times | 2020/9/12 15:52:59

Siemens boss' comments on Hong Kong draw ire from Chinese netizens

A leading Chinese expert on China-EU affairs warned that China's bottom line must not be crossed after recent comments on Hong Kong from Siemens boss Joe Kaeser drew applause from what seemed to be Hong Kong secessionists and fury from Chinese netizens.
Source: Global Times | 2020/9/12 7:08:16

Plan for Tesla to sell Made-in-China Model 3 to Asia, EU makes sense: analysts

Chinese automotive analysts said on Friday that Tesla's reported plan to export Made-in-China Model 3 vehicles to Asian and European markets makes perfect sense, as it seems to be part of the US electric car firm's "build-in" China strategy.
Source: Global Times | 2020/9/11 23:32:51

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