Today’s headlines
Black Shark was blasted in arrears of employee resignation compensation: CEO Weibo became bigger and bigger to claim compensation
According to news on January 11, the game mobile phone manufacturer Black Shark Technology was exploded in arrears of compensation for resigned employees. Black Shark mobile phone issued a text message to some laid-off employees, informing them that they could not pay the full amount of resignation compensation according to the agreed amount. The notice triggered a backlash from employees. Many employees started to defend their rights, and left messages on the Weibo account of Black Shark mobile phone office and Black Shark mobile phone CEO Luo Yuzhou to collect debts, demanding that the compensation be paid in place.
It is understood that since Tencent’s plan to acquire Black Shark was stranded, Black Shark’s internal turmoil has continued. After several rounds of layoffs, the Black Shark team has been reduced from more than 1,000 people in August 2022 to more than 100 people at present, and only a few departments such as the Internet and functions are retained. The official blog of Black Shark Technology has not been updated since October last year. So far, Black Shark has not responded.
Domestic information
Qi Junyuan, former head of Alibaba Cloud Disk and founder of Teambition, joins Feishu
On January 11, it was learned from multiple independent sources that Qi Junyuan, the former head of Alibaba Cloud Disk and the founder of the collaboration platform Teambition, had recently joined Feishu, a subsidiary of ByteDance. The media asked Feishu for a response to this news, and Feishu officially stated that it was true. It is reported that Qi Junyuan founded the Teambition collaboration platform during his college years in 2011. After years of development, the platform was acquired by Alibaba in 2019 for US$100 million. Qi Junyuan also joined Alibaba as the person in charge of Alibaba Cloud Disk. With the launch of Alibaba Cloud Disk, the Teambition network disk will be offline on September 3, 2021. Users can merge their files into Alibaba Cloud Disk, and the capacity of the two major network disks will also be merged at the same time. (36 krypton)
It is reported that all Tencent PCG businesses will be profitable by the end of 2022
Recently, there have been media reports that all businesses of Tencent Platform and Content Business Group (PCG) will be profitable by the end of 2022, some of which, such as Tencent Video, will be profitable for the first time. This also allowed the business group to increase its annual profit to several billion yuan. According to the financial report, Tencent’s 2021 net profit (Non-IFRS) is 1237.88 yuan. Specifically, Tencent Video’s annual revenue in 2022 will exceed 10 billion yuan, and it will start to make profits in October; Tencent News will also turn losses into profits in the last quarter of 2022; Achieve full-year profitability; in addition, Tencent Microvision has stopped losing money after significantly shrinking its team and business. (later LatePost)
iQiyi App began to restrict TV projection: Gold VIP only supports 480P projection
According to news on January 11, the iQIYI App began to restrict the screen projection function. Previously, gold VIP members supported the highest resolution projection of 4K, but now they can only choose the lowest resolution of 480P. To perform 4K projection, you must purchase Platinum VIP member. According to iQiyi’s official website, gold VIP members can use computers, mobile phones, and tablets at 118 yuan per year, and platinum VIP members can use TV at the same time as gold VIP members at 198 yuan per year. After the resolution, users who want to screen TV can only be forced to choose Platinum VIP members.
The follow-up of the “sky-high price lithium mine” Snowwell equity competition: Ningde era throws out a 6.4 billion reorganization plan
According to news on January 12, it is reported that Ningde Times, as a reorganization investor, has thrown out a draft reorganization plan of more than 6.4 billion yuan, involving two aspects: debt adjustment and compensation plan, and investor equity adjustment. According to the debt adjustment and compensation plan, Ningde Times, as a reorganization investor, provided Snowway with 1.64 billion yuan to fully pay off the bankruptcy expenses stipulated in the reorganization plan and pay off all debts.
According to the investor’s equity adjustment plan, the reorganization investor will receive 100% of the equity of the investor of Snowway (corresponding to the investment amount of 50.75 million yuan). The condition for the transfer is that the reorganization investor pays 4.8 billion yuan as compensation to each investor, and the investor (or its equity successor) is compensated in the same proportion. The investors of Snowway Company are composed of Xingneng New Material Company, Chuanshang Fund and Zhou Dawei. (Daily Economic News)
Domestic chips are expected to break through the slowdown of Moore’s Law through advanced packaging
On January 11, the 2023 global technology trend was released. The trend mentioned: the chip field is looking for a breakthrough path under the pressure of the soaring demand for computing power and the slowdown of Moore’s Law. At the same time, according to the forecast of Dharma Institute, the storage and computing integrated chip and Chiplet packaging technology will make great progress. Storage-computing integrated chip products based on storage media such as SRAM, DRAM, and Flash are expected to be commercialized on a large scale in subdivided scenarios such as smart homes and wearable devices. The interconnection standards of Chiplet advanced packaging technology are gradually being unified, and the chip R&D process may be restructured in the future.
BOE plans to invest US$400 million to build two factories in Vietnam
According to news on January 11, according to people familiar with the matter, BOE plans to invest a large sum of money to build two factories in Vietnam, with a total investment of US$400 million. Currently, BOE is negotiating to lease land in northern Vietnam to expand its relatively small factory in southern Vietnam, which mainly supplies TV screens to South Korea’s Samsung Electronics and LG Electronics. BOE plans to lease as much as 100 hectares of land, 20 percent of which will be used to build a factory to produce remote control systems at a cost of $150 million, and the rest will be used to produce displays, the people said. Hectares of land to build a factory, while suppliers will use the remaining 30 hectares of land. All of this will be completed by 2025.
“Bite the Word” announced the “Ten Chinese Mistakes” in 2022: “Lianhua Qingwen” is not “Lianhua Qingwen”
On January 11, the editorial department of “Bite Text and Chew Words” announced the top ten language errors in 2022, including the mispronunciation of “踔” in “踔力力发” as zhuō, “Lianhua Qingwen” as “Lianhua Qingwen”, ” Termination” was mistaken for “abort” and so on. “Top Ten Chinese Mistakes in 2022” covers the major social hotspots of the year. For example, “Lianhua Qingwen” was mistaken for “Lianhua Qingwen”, the number reduction was mistaken for “times” to involve epidemic prevention and control, “natural gas” was mistaken for “natural gas” and it was related to the conflict between Russia and Ukraine, and “living up to expectations” was mistaken for “not meeting expectations”. “relates to the World Cup in Qatar, “Queen” is mistaken for “Empress” concerning the death of Queen Elizabeth II, “terminate” is mistaken for “suspension” concerning a UN resolution calling for the U.S. to end the embargo against Cuba, and “shotgun” is mistaken for “shotgun” concerning Former Japanese Prime Minister Shinzo Abe assassinated.
After two years, the “True Happiness” APP was changed back to the “Gome” APP
According to news on January 11, recently, some netizens discovered that Gome, which changed its name to the “True Happy” app two years ago, has now changed its name back to “Gome”. Previously, in January 2021, the “Gome” App was officially renamed the “True Happiness” App, and played a resounding banner of entertainment and socialization. After two years, the app was renamed back to Gome. The new version also fixes problems and improves performance, optimizing the product experience.
Netease: Reached a cooperation with CCTV to build a sub-venue for the online Spring Festival Gala Metaverse
On January 11, Netease announced that the company has reached a cooperation with CCTV, mobilizing multiple departments such as Netease Leihuo, Netease Fuxi, Netease Mutual Entertainment AI Lab, Netease Blockchain, etc., integrating digital twins, blockchain, AI painting, AI singing Combination and other technologies have built the first metaverse venue for the audience of the online Spring Festival Gala, which can realize real-time interaction of tens of thousands of people.
Tesla’s 2022 annual sales will not be as good as BYD’s Song, and the previous price cut has won 30,000 orders in China in 3 days
On January 11, the Passenger Federation released data showing that Tesla sold a total of 439,770 new energy vehicles in China in 2022, ranking third, losing to a Song family of BYD (475,306 vehicles). Tesla currently has two models on sale in China. Among them, the annual sales volume of Model 3 was 124,456 units, a year-on-year decrease of 17.5%; the annual sales volume of Model Y was 315,314 units, an increase of 85.6% year-on-year. Tesla staff revealed that on the first day of Tesla’s price reduction, more than 10,000 vehicles were picked up across the country. Recently, the pick-up period for model Y has been increased from 1-4 weeks to 2-5 weeks. Since announcing the price cut, Tesla China has received 30,000 car orders within 3 days.
Toyota’s sales decline for the first time in 10 years
On January 11, Toyota’s official data showed that Toyota’s new car sales in the Chinese market in 2022 will decrease by 0.2% compared with 2021, falling to 1.9406 million vehicles. This is the first time Toyota’s sales in the Chinese market have fallen in 10 years. In December last year, Toyota’s sales fell by 19.8% year-on-year, falling for two consecutive months. The high-end brand Lexus also fell 29.68% year-on-year in the first half of 2022. In 2022, Japanese cars will generally suffer in the country. Among the “Three Musketeers of Japanese cars”, Toyota will still have the least decline in sales in China, and the decline of Honda and Nissan is even less optimistic. Honda’s new car sales in 2022 will be 1,373,100, a decrease of 12.1%, falling for two consecutive years. Nissan’s sales in 2022 will be 1.0452 million vehicles, a decline of 22.1%, which is the fourth consecutive year of decline.
The function of digital RMB without network and electricity payment is officially launched
On January 11, the digital renminbi payment function without network and electricity was officially launched. The so-called digital renminbi mobile terminal without electricity payment means that users can still use the mobile phone to “touch” the payment terminal to complete the payment when the mobile phone is turned off. Among some Android mobile phone users, the “Payment Settings” of the digital RMB App hard wallet has added the “Payment without Network and Electricity” entry. This innovative function will be opened to more models and scenarios in an orderly manner. (Beijing Business Daily)
International information
Uniqlo Japanese employees will increase their salaries by 40%: about 8,400 people will benefit
Recently, Japan’s Fast Retailing, which operates “Uniqlo”, will increase the annual income of domestic employees in Japan by up to 40% from March. It will target about 8,400 domestic employees working in Fast Retailing headquarters and Uniqlo, etc., and increase the annual income by several percentage points to about 40%. The starting salary of new employees has increased from 255,000 yen to 300,000 yen (about 15,000 yuan) per month, and most of the new employees who have been promoted in the first to second years of employment have increased from 290,000 yen to 390,000 yen Japanese yen (about 20,000 yuan). (Nikkei Chinese website)
Apple will start producing its own iPhone screens to get rid of Samsung and LG dependence
On January 11, it was reported that Apple plans to start using the company’s own custom displays on mobile devices as early as 2024, a move to reduce reliance on partners such as Samsung and LG and introduce more Multiple internal components. The company aims to begin replacing the displays on the highest-end Apple Watch by the end of next year, according to people familiar with the matter. The screens upgrade the current OLED standard to a technology called microLED, which Apple plans to eventually bring to other devices, including its best-selling iPhone smartphone.
The top 100 best employers in the United States in 2023 announced, Apple and Meta unexpectedly dropped out
News on January 11, according to foreign media reports, Glassdoor, a well-known job search and recruitment website in the United States, released its list of the 100 best workplaces in the United States in 2023 on Tuesday, of which technology companies accounted for more than 40% of the list. But unexpectedly, Apple and Meta companies, which were common on the list in previous years, did not make the list this year.
It is reported that Apple has dropped out of the list for the first time since Glassdoor began publishing the list in 2009. Meta has been on the list since 2011 and has occupied the top position three times. Both Meta and Apple were in the middle of the top 100 last year. (TechWeb)
Netflix revokes right for some employees to view co-workers’ salary information
On January 11, according to foreign media reports, sources said that Netflix is restricting some employees from viewing the salary information of colleagues, which is a major shift for a company that has long provided employees with rare transparency. For years, director-level executives at Netflix have had access to peer compensation. But some of those sources said Netflix removed that access late last year. Directors are senior executives with positions below top management and vice presidents. The change in pay transparency is understood to be due in part to the growing number of directors as the company has grown in recent years. (Interface News)
BMW plans to recall more than 14,000 iX, i4 and i7 electric cars over battery software issue
BMW has issued a recall on more than 14,000 electric vehicles due to a software glitch that could lead to loss of power and increase the risk of a collision. The recall includes certain iX SUVs and i4 and i7 sedans built between October 14, 2021 and October 28, 2022. The software issue is related to the high-voltage battery electronic control unit, which BMW discovered through its own internal quality control procedures and has not reported any accidents, crashes or injuries as a result of the recall. This is the second time in less than a year that BMW’s new range of electric vehicles has been recalled. Last summer, the automaker recalled a “small number” of 2022 i4 sedans and iX SUVs due to the risk of battery fires.
Ericsson says changing chairman after series of scandals
Leifeng.com reported on January 11 that Swedish 5G network manufacturer Ericsson is changing its chairman after a series of scandals. It is working to improve its corporate culture. Ericsson said in a statement on Wednesday that Jan Carlson had been nominated as the new chairman to succeed Ronnie Letten, who had decided not to run for re-election at the next shareholder meeting. Letten has led the board since 2018 and will remain chairman for the remainder of his term.
The Swedish telecommunications equipment giant is understood to have been managing various investigations related to alleged violations of the U.S. Foreign Corrupt Practices Act, and after reaching an agreement with the U.S. Department of Justice and the U.S. Securities and Exchange Commission, the company will be under independent compliance oversight. Stay under agency supervision for another year, until June 2024.
Rivian, an electric car startup, is in a crisis of management loss, and several senior executives have recently left
On January 11, according to foreign media news, several Rivian Automotive executives have left the electric car maker in recent months, including Randy Frank, vice president of body and interior engineering, and vice president of purchasing parts. President Steve Gawronski. Both executives left around the beginning of the year. Frank joined Rivian in 2019 from Ford Motor Company. Gawronski joined in 2018 from self-driving car startup Zoox. The news has been confirmed by a Rivian spokesperson. Since its successful IPO in November 2021, Rivian’s stock price has fallen sharply, down about 79% as of Monday’s close. (Wall Street Journal)
Be the first to mass-produce 2nm and revive Japanese semiconductors, the 73-year-old industry leader Dong Zhelang came out
In the past two years, Japan has made up its mind to revive the semiconductor business. At the end of 2022, 8 Japanese companies including Toyota, Sony, Kioxia, NEC, Softbank, and Denso jointly invested and established Rapidus, each investing 1 billion yen. Produce improved versions of 2nm and later next-generation semiconductor processes. It is reported that in order to put Rapidus into operation as soon as possible, Japan invited 73-year-old Dong Zhelang, a big name in the industry, as the chairman. Dong Zhelang used to be the president of Tokyo Electron, responsible for the merger negotiations with US equipment companies, and also served as the chairman of Japan’s national semiconductor strategy-related meetings. At present, Dong Zhelang has begun to contact IBM in the United States and IMEC in Europe.
SK hynix introduces AI technology to improve semiconductor production efficiency and yield rate
News on January 11, according to foreign media reports, SK Hynix, a memory chip manufacturer under the SK Group, revealed that they have begun to introduce artificial intelligence solutions into the semiconductor production process to improve production efficiency and yield. In the report, SK Hynix introduced a virtual measurement artificial intelligence solution called “Panoptes VM” developed by Gauss Laboratory, which uses sensor data to predict the results of the production process. Foreign media mentioned in the report that after introducing Gauss Lab’s “Panoptes VM” artificial intelligence solution, SK Hynix not only increased production, but also increased the dispersion of the process by an average of 21.5%. (TechWeb)
AppStore has accumulated over 320 billion U.S. dollars in revenue
According to Apple’s official website, since the AppStore came out in 2008, developers have accumulated more than 320 billion US dollars in revenue by selling digital products and services on this platform, and the revenue in 2022 will hit a new high. In addition, in 2022, the number of users visiting the AppStore will hit a new high. The total number of AppStore paid subscriptions exceeds 900 million.
Faraday Future received a delisting warning from Nasdaq: the annual general meeting of shareholders will be held as soon as possible
On January 11, it was reported that Faraday Future stated in the 8-K document submitted to the US Securities and Exchange Commission (SEC) that the company received a written notice from the Nasdaq stock market on January 4, 2023, Advised Faraday Future that it has failed to comply with the continuation listing rules described in Nasdaq Listing Rules 5620(A) and 5810(C)(2)(G) because the company’s financial year ended December 31, 2021 An annual general meeting has not been held within 12 months of the close. It is understood that failure to meet the criteria for continued listing will eventually lead to the delisting of Faraday Future’s common stock from Nasdaq. To this end, Faraday Future intends to hold an annual general meeting of shareholders as soon as possible, actively draft a response document, and formulate a compliance plan in accordance with the requirements of the circular and Nasdaq listing rules.
iPhone 16 Pro may cancel Smart Island
Recently, according to 9to5Mac, two reports indicate that Apple’s iPhone 16 series (or iPhone 16 Pro models only) launched next year will be equipped with an under-display Face ID sensor. This means that Apple can completely cancel the Smart Island (or bangs), and only keep a proactive circular punch hole.
Infineon announces the sale of part of its DC-DC power converter business
On January 11, Infineon officially announced that it has reached a final agreement to sell Infineon’s HiRel DC-DC converter business to Micross, including its hybrid and custom onboard power products. Infineon officially stated that the sale will enable Infineon to expand its focus and investment in core semiconductor development for the high-reliability market, while de-emphasizing the business that needs to provide more customized products for the high-reliability industry. The transaction is expected to close in the first quarter of 2023. (IT House)
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