South Korean technology giant Samsung Electronics Co Ltd estimated on Tuesday a dramatic decline in its fourth-quarter earnings, amid falling demand in its memory chip business as well as mounting competition from Chinese smartphone makers.
Chinese travelers' enthusiasm for visiting Japan during the Spring Festival holiday remains high, despite an appreciating Japanese yen and an exit tax levied on foreign visitors.
Officials from the Ministry of Commerce said moves to promote a business credit guarantee mechanism and the crackdown on wrongdoing will help maintain the country's ongoing efforts to upgrade consumption and establish a new nationwide regulatory system with credit as the core this year.
Overseas audio equipment manufacturers are scrambling to introduce higher-quality smart speakers in China, in a bid to gain a bigger share in the fiercely competitive market, where internet firms have a head start.
Premium Finnish loudspeaker maker Genelec is transitioning toward a mass consumer market business model in China, in response to booming demand and consumption upgrade trends.
Harman International Industries Inc, a connected technologies manufacturer, will continue to ramp up its research and development efforts, and customize audio solutions for Chinese consumers, according to a company executive.
China's foreign exchange reserves rose for the second consecutive month in December to $3.07 trillion, generally maintaining stability amid increased fluctuations in global financial markets, according to data issued by the country's foreign exchange regulator on Monday.
Chinese companies attending the annual Consumer Electronics Show (CES), which will open in Las Vegas on Tuesday, will not only launch new products, technologies and applications during the four-day extravaganza, but push for more cooperation with international counterparts.
Huawei Technologies Co Ltd unveiled a high-performance chip for servers on Monday as part of its broader push to expand presence in the semiconductor sector.
Energy company China Three Gorges Europe, which is also called CTG EU, has invested 35 million pounds ($44.3 million) in a large Scottish offshore wind farm, which when completed will have the capacity to power one million homes.
Starting December, frequent travelers in the Yangtze River Delta who use the subway, especially those from Shanghai, Hangzhou and Ningbo, are able to use a uniform metro payment app for travel to other cities in the cluster.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
