Companies
New renders for Xiaomi 12 Pro case reveal back design
Beijing [China], December 12 (ANI): A new set of case renders seem to confirm the back design of the upcoming Xiaomi 12 Pro handset.
According to GSM Arena, the images show a total of five cutouts for the camera bump, three for the actual cameras, one for the LED flash and one for an additional sensor, about which there is no information.
Interestingly, the renders seem to conflict with the case pictured earlier, it had only four cutouts, skipping the sensor placed under the LED flash.
This new sensor could be a LiDAR sensor but that’s just speculation for now.
As per GSM Arena, the new renders also show the power button and volume rocker on the right side and a big earpiece, which likely doubles as a secondary loudspeaker for a complete stereo sound. (ANI)
China
Government subsidies don’t boost Chinese firms’ productivity
China’s industrial subsidies have caused considerable controversy both internationally and domestically. Trading partners have accused China of unfairly favouring its indigenous firms with subsidies, leaving foreign companies at a disadvantage in the race to lead the technologies of the future.
Governments around the world regularly spend an enormous amount of money subsidising businesses. But few spend like China. A 2022 report suggests that China spends 1.7–5 per cent of its GDP on industrial policies, more than most countries.
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Chinese Smartphone Manufacturer Lays Off 3,000 Employees Following Closure of Chip Design Division
OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).
OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).
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Company Owned by Chinese Billionaire Guilty of Paying $1 Million in Bribes to LA Councilman
A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.
A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.
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