The company focuses on discovering, licensing, developing and commercializing proprietary therapeutics for large unmet medical needs in China in areas such as oncology, autoimmune and infectious diseases.
The comments came after the Wall Street Journal reported that the US Department of Justice probed Huawei over alleged theft of smartphone camera patents.
The collaboration will include but not be limited to project and syndicated loans and trade finance.
The comments by Hastings come a couple weeks after Amazon struck a deal?with Viacom’s Epix premium cable channel for thousands of movies that had previously been exclusive to Netflix.
The company also had over 16.8 million of cumulative transacting customers as of March 31. In addition, its customer repurchase rate in 2018 exceeded 54 percent.
The combined shipments in Asia Pacific region were down 30 percent, primarily in China.
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The combined profits of China's SOEs amounted to 1.82 trillion yuan (4.5 billion) in the first six months, up 7.2 percent year-on-year, the ministry said in an online statement. The growth rate slowed from the 8.7-percent increase in the first five months, the official data showed.
The company has also been following the latest trends in the sector, including new energy vehicles, connectivity and autonomous driving, company executives said.
The company has also developed Link Turbo technology, an artificial-intelligence-powered feature that allows simultaneous downloading via Wi-Fi and 4G networks for maximum throughput.
The company announced the new Amazon Web Services (AWS) Diagnostic Development Initiative on Friday in collaboration with 35 global research institutions, startups and businesses. The program is also open to accredited research institutions and private companies seeking to develop point-of-care diagnostics, including at-home testing or clinical testing with same-day results.?