The company, along with two joint ventures - SAIC Volkswagen and FAW-Volkswagen - delivered nearly 3.18 million automobiles to the Chinese mainland and Hong Kong last year, up 5.9 percent year-on-year.
The company highlighted that its relationship with the Chinese government is no different than that of any other private company that operates in China. Like other tech companies that operate in China, including those from abroad, Huawei receives some policy support from the Chinese government.
The company’s stock is up 90% since March and was trading at around ,230 on Thursday before the market closed. Amazon’s market capitalization has risen to .6 trillion, right alongside Microsoft, which also beat earnings expectations this week. They trail Apple ( trillion) for the title of most valuable publicly-traded U.S. company.
The company's revenue increased 6 percent year-on-year to reach .94 billion, marking the best performance in three years.
The company’s high-tech armband is used by surgeons in Spain to navigate medical slides while performing surgery, and researchers at Arizona State University are using Myo armbands to translate American Sign Language.
The company said revenue was 72.5 billion yuan (.5 billion) in the first half of the year, up nearly 40 percent compared with the same period in 2019. Profit rose nearly 12 times to 21.9 billion yuan in the same period.
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The company's smart agriculture system can provide smallholders and farm owners with meticulous production management solutions from seeding, fertilizing, crop protection to harvest, Gong said.
The company officially unveiled eight liquor and tobacco duty-free stores spanning 3,400 square meters at Hong Kong International Airport on Thursday, in a joint venture with French travel retailer Lagardere Services under a new brand of Duty Zero by CDF.
The company's website has been closed since Thursday evening and a statement was seen on the front page, saying the company had problems in management and closed the website for rectification.
The company is expected to unveil a new handset that comes with Amazon's voice recognition technology Alexa, and it now already sells a smartphone that uses Google's Tango augmented reality computing platform.