Huawei Technologies Co said on Tuesday that it delivered a stable performance in 2025, with global revenue reaching 880.9 billion yuan ($127.7 billion), the company’s second-highest annual tally, marking a 2.2 percent increase year-on-year. Net profit stood at 68 billion yuan, up 8.7 percent from a year earlier, the company said. “In 2025, Huawei’s overall…
Insilico Medicine Cayman TopCo, a Hong Kong-based AI-driven drug discovery startup, said on Monday that it has entered into a global licensing and research deal with US pharmaceutical giant Eli Lilly worth up to $2.75 billion to advance drug discovery across multiple therapeutic areas. Under the agreement, Lilly will obtain an exclusive worldwide license to…
Insilico Medicine Cayman TopCo, a Hong Kong-based AI-driven drug discovery startup, said on Monday that it has entered into a global licensing and research deal with US pharmaceutical giant Eli Lilly worth up to $2.75 billion to advance drug discovery across multiple therapeutic areas. Under the agreement, Lilly will obtain an exclusive worldwide license to…
Shanghai’s first ultra-high voltage (UHV) power project during the 15th Five-Year Plan (2026–30) period began construction on Friday, and is expected to provide strong energy support for the city’s development as an international center of economy, finance, trade, shipping and scientific and technological innovation. Situated in Liantang of Qingpu district, the 1000 kilovolt substation expansion…
A temporary software glitch briefly allowing some iPhone and iPad users in China to download and activate Apple Intelligence, Apple’s on-device AI suite that has not yet officially launched in the country, has been resolved, Apple confirmed on Tuesday. In a statement provided to China Daily on Tuesday, Apple said the bug momentarily enabled access…
Tesla launches 55 V4 Supercharger stations across expressways in Chongqing on March 28. [Photo provided to chinadaily.com.cn] US EV maker Tesla has put into operation its largest supercharger project on China’s expressway network, with 55 charging stations simultaneously opening on Saturday across highways in Southwest China’s Chongqing. Tanks to chinadaily.com.cn Please visit: Our Sponsor
Employees from State builder China Railway No 4 Engineering Group commence track-laying for the Jinan-Binzhou High-speed Railway on March 10, helping to strengthen the nation’s world-class modern railway network. [Photo provided to chinadaily.com.cn] As China accelerates its drive to establish a world-class modern railway network, a major high-speed railway project in East China’s Shandong province…
Chinese online video platform iQIYI said on Monday that it has filed an application with the Hong Kong stock exchange, seeking approval to list its Class A ordinary shares. It also announced a new share repurchase program of up to $100 million over the next 18 months, effective immediately upon approval. The buyback may include…
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