Huawei

HiSilicon’s chips powered 90% of Huawei’s phones targeting the domestic market in the first quarter of 2020.

The world’s fourth-largest smartphone maker raises capital to aid the post-coronavirus recovery.

The company said its 1.4% quarterly revenue increase is in line with expectations.

The Shenzhen-based telecommunications giant built the world’s highest 5G tower so China’s three major mobile carriers could livestream Mount Everest’s splendid view.

The initiative marks a major step forward to achieve mainstream adoption of blockchain technology across China’s industries.

Huawei’s Ren Zhengfei and Tencent’s Pony Ma took the second and third positions, respectively.

The Chinese smartphone giant lost between USD 60-70 million on the foldable Huawei Mate X.

The product is part of the company’s ambitious push into IoT amid flagging phone sales.