The company is also striving to coordinate with multiple sides to maintain the supply of industrial production materials, and logistics services, so as to ensure the sustainability of businesses, YMTC said in a statement.
The company reported its net income amounted to 122.3 billion yuan (.9 billion) in the second quarter of the year, an increase of 31.2 percent year-on-year, while its net profits dropped to 478.1 million yuan, down 51.04 percent compared with same period last year.
The company will also continue to invest in its Chinese social media accounts on WeChat and Weibo, two of the most popular platforms on the Chinese mainland.
The company’s current Kindle e-readers come with 600×800 screen resolution. The higher pixel density would result in crisper type and clearer images than the current Kindle readers provide. And it’s not far-fetched: E Ink screens with 768×1024 resolutions already exist.
The company will replace the faulty components free of charge.
The company will collaborate with the China Children and Teenagers' Fund to jointly intervene in the problem of infant developmental retardation in China, planning to provide nutrition education programs for over 5,000 grassroots medical workers and seeking to help over 10,000 pairs of mothers and children in the next three years, the company's statement said.
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The concept demonstrates a raft of futuristic technologies that Volkswagen expects to begin showing up in their brands' cars in the future and represents a connected world in which people move through life more easily.
The company will spend over 2 billion yuan (1 million) building a production center and R&D center covering an area of 20,000 square meters in WND. It will include six core optical machine production lines and complete machine production lines. It is expected to produce one million sets of the glasses in 2020.
The company reported a larger-than-anticipated loss when it reported fourth-quarter results on Tuesday, although the interest from prospective customers in the company's future space flights continued to climb. The quarterly results showed a net loss of million.
The company is also reported to be working on a smartphone to complement its existing lineup of Kindle e-readers and Kindle Fire tablets. The company’s strategy, as outline by CEO Jeff Bezos, is to sell hardware at or near cost and make money instead from the content and services purchased by users of those devices.