The company said its representatives met with Rui Pedro Oliveira, a Portuguese citizen who accused Huawei of stealing his smartphone camera patents, in 2014 per his request, but the company did not use his design in smartphone cameras.
The company says many people who served in the military will have the traits required for success as Delivery Service Partner business owners. Amazon is committing million to reimbursing up to ,000 in startup costs for qualified U.S. military veterans.
The company's DuerOS voice assistant continued to experience strong momentum with the installed base surpassing 400 million devices by the end of June, up 4.5-fold year-on-year.
The company's newly appointed executive chairman, Andrew Khoo Boo Yeow, confirmed to the Press Association that the company will close one-fourth of its 160 UK stores, having already shut eight this year.
The company will look to tap rural and remote areas in Africa, including Uganda and Tanzania, to provide alternative lighting and energy sources for the off-grid population, Zhang Zhengao, president of China Poly Group, said during the Forum on China-Africa Cooperation in Beijing.
The company plans to list on the Nasdaq stock market under the symbol UXIN. However, no pricing terms were disclosed. Morgan Stanley, Goldman Sachs (Asia), JP Morgan, China International Capital Corp and China Renaissance are the joint underwriters on the deal.
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The company's plans for local manufacturing is mainly driven by the fact that India levies 20 percent duty on imported devices.
The company reported selling over 2 million smartphones in the current year on Spanish high-streets, as well as tablets and wearables, earning a 20.6 percent market share and prompting the opening of service centers in the cities of Madrid and Malaga.
The company is best known for employing artificial intelligence to filter and tailor information to people's preferences to get users "hooked". For instance, users spend on average 49 minutes daily on a variety of 15-second videos, according to consultancy Analysys.
The company will also further involve itself in China's hydrogen projects, after it unveiled its first commercial hydrogen project in China in November, which includes a 20-megawatt electrolyser that will produce environmentally friendly hydrogen from renewable power.