1. ZTE updated its first quarter earnings report: net profit loss of 5.407 billion yuan;
On the 27th of July, ZTE updated its first quarter financial report. The updated financial report showed that ZTE realized operating income of 2.753 billion yuan in the first quarter, a year-on-year increase of 6.92%; net profit loss was 5.407 billion yuan, year-on-year. Turning from profit to loss, the net profit for the same period last year was 1.2 billion yuan.
At the same time, ZTE has also updated a number of accounting subjects such as inventory, engineering contract payments, employee payables, etc. Among them, operating income has been reduced by approximately 1.35 billion yuan, and operating costs have increased by approximately 570 million yuan. Sales, management and The three expenses for research and development have all decreased, but the asset impairment loss has increased to 9.99 billion yuan, an increase of 106.6%.
ZTE’s results announcement on July 13th stated that it expected a loss of RMB 7-9 billion in the first half of the year and a profit of RMB 2.29 billion in the same period last year.
ZTE said that the change in the statement was mainly due to the company's 1 billion US dollars fine as stated in the “Development and Resumption of Significant Events” issued on June 12, 2018, and the “Notice on Progress of Major Events” issued on May 9. The company's main business activities can not be caused by the advancement of adjustments caused by the comprehensive.
Previously, ZTE was affected by the US ban, and it was suspended for nearly three months. Around the 12th of this month, news of the ban was circulated. At this time, ZTE’s share price plummeted, and the company’s top management was basically replaced. At the same time, it also paid a high amount. Fine. Currently, ZTE has resumed normal production.
In addition, ZTE issued an announcement to review and approve the “Proposal on Election of the 7th Board of Directors Export Compliance Committee”, the establishment of the Board of Directors Export Compliance Committee, and election of Yuming Bao (Bao Yuming), Li Zixue, Fang Wei, Cai Manli, Wu Jundong as the company Member of the Export Compliance Committee of the Seventh Board of Directors, the convener is Yuming Bao (Bao Yuming). The term of the above members shall be from the date of deliberation and approval of the board of directors of the company to the expiration of the term of the seventh board of directors of the company (ie March 29, 2019). only.
In addition to the above information disclosure, ZTE also confirmed that ZTE had compensated Maxell for $43.3 million in the Texas and Maxell lawsuits.
2. Foreign media: Beijing vetoed the Qualcomm merger and acquisition case;
Qualcomm, a US radiocommunication technology research and development company, announced on Thursday that it had not approved the Chinese authorities, and Qualcomm decided to abandon its 19-month merger and acquisition plan for NXP, the largest semiconductor industry in history. The $44 billion merger has come to an end. Qualcomm Group must also pay NXP a $2 billion in compensation. The Chinese veto will undoubtedly have a major impact on the future development of Qualcomm and NXP.
Qualcomm's acquisition of NXP must be approved by nine countries including the United States, the European Union, Japan, and China. After obtaining approval from all countries involved, Qualcomm has met his most important market, China's opposition. The Chinese government has emphasized that China has rejected this M&A plan under the Anti-Monopoly Law and has nothing to do with Sino-US trade disputes. The US government also refused to comment on China's decision, but public opinion generally believes that Qualcomm's M&A plan is likely It is a major victim of the US-China trade war.
Headquartered in San Diego, Calif., Qualcomm is a global leader in 3G, 4G and 5G technologies, providing technology licensing to the world's largest manufacturers, with virtually all telecommunications equipment and consumer electronics products in the world. The NXP Semiconductors deal is critical for Qualcomm to expand its chip business footprint. Qualcomm chips focus on mobile computing and communications, while NXP chips focus on smart cars, the Internet of Things, mobile payments, etc. For NXP The merger will make Qualcomm a leader in the international semiconductor industry. This merger was originally expected to be completed by the end of last year, but it was pushed back because of the cumbersome approval process.
The US media generally linked the failure of this merger to the Sino-US trade war. AFP's report from San Francisco said that Qualcomm president threatened on Wednesday that if Beijing refused to give a green light, he would announce his resignation. He also said that It is in a bad geopolitical environment. However, he also said that Qualcomm's corporate strategy will not change anyway, and the group will continue to focus on developing strong industries. The group also announced plans to complete before the end of FY 2019. The 'most of the $30 billion stock repurchase.' Excluded the concerns of Qualcomm shareholders.
Just as the European and American public opinion attributed Beijing's veto to the trade war, China's neighboring Japan has proposed another interpretation. The Japanese economic news network pointed out on Friday that Beijing's veto of Qualcomm's mergers and acquisitions incident is obviously due to Sino-US revolves. The competition for dominance in the high-tech sector, the article pointed out that 'China's long-term strategy to promote industrial upgrading 'Made in China 2025' proposes to increase the self-sufficiency rate of semiconductors that are the basic technologies of all industries. At present, China's domestic semiconductor production scale is expected It accounts for 10-15% of the world, but this figure includes Taiwan Semiconductor Manufacturing (TSMC) and South Korea's Samsung Electronics. Ding Huiwen, CEO of Shanghai Microtechnology Industry Research Institute, believes that the pure self-sufficiency rate of Chinese companies is only about 5%. The technical level is also behind 2~3 generations.' The article commented on this, 'Maybe China's conclusion is that in the cultivation of domestic enterprises, it is not in China's interest for the already strong US companies to further develop and grow.'
In fact, protecting the country's technology development and the interests of enterprises is not only a concern in Beijing. US President Trump personally vetoed another merger in the semiconductor industry in March this year, when Broadcom proposed by Singapore. Qualcomm was acquired for US$117 billion; the US foreign auditing agency issued a warning at the time, fearing that it would affect national security interests. Called on the president to veto it. The semiconductor giant Headquarters based in Singapore has been established in the earliest year. In California, the headquarters of Malaysian Chinese were relocated to Singapore after the merger. The US is worried that Broadcom will have a Chinese-funded background. It is worried that once Qualcomm is acquired, it will be difficult to maintain its future network communication with Chinese companies. Competitive Advantage.
In fact, after President Trump took office, he has blocked a number of acquisitions related to Chinese capital, and has imposed severe sanctions on China Telecom Group Zhongxing Group. Although the US has recently opened a side to ZTE, ZTE is allowed to pay. After reparing and reorganizing the governing body, it resumed normal operations. However, it was revealed at the time that one of the conditions for the US to give a green light was that Beijing promised to approve the Qualcomm acquisition. Some news even confirmed that Liu He, Vice Premier of the State Council, who was on behalf of Chinese President Xi Jinping and the US I made a promise a few months ago.
However, a few months later, the US-China relationship has undergone a dramatic evolution. The US threatens to impose tariffs on all Chinese imports. The US Congress has also approved the government subsidies for US farmers’ losses due to trade wars. In the context of the United States and the United States, the US-China trade war has a long-lasting trend. In this context, Beijing’s veto of Qualcomm’s mergers and acquisitions as a counterattack does not surprise the outside world. The Chinese media quoted the telecom industry insiders as saying that in the trade war In the background, some M&A choices will be affected.
In fact, the Wall Street Journal raised such a sharp question: Does China veto Qualcomm's mergers and acquisitions to counter Trump's tariff policy, or to win time and space for Chinese companies to compete in the US-China 5G cyber war? The answer is no doubt, There should be two kinds of both. Moreover, the latter factor is likely to be more important. rfi world voice
3. HMD US company recruits: intended to expand the US market share;
Summary: According to the news obtained from the recruitment website, several key positions of HMD USA began to recruit people, and it seems that it has the will to expand the US market share.
Set micro-network news (text / Luo Ming) HMD's Nokia mobile phone market due to limited market share in the United States, only Nokia 3310, Nokia 2, Nokia 3.1, Nokia 6 and Nokia 6.1, including the sale of several smart phones in the United States However, from the information on the well-known recruitment website, HMD hopes to hire a new team to help expand its market share.
The HMD plans to recruit e-commerce executives, product supervisors, and technical account managers to hold three positions. The e-commerce executives are responsible for handling the relationship between online e-commerce partners such as Amazon, and the product director is responsible for communicating with operators. Develop a roadmap, predict market trends, etc. The technical account manager is responsible for responding to customer needs (including consumers and operators).
From the HMD recruitment notice, the operator has repeatedly mentioned the relationship with the operator. In fact, the status of the operator is very important in the United States. Samsung, LG and other mobile phone manufacturers mostly rely on the strength of operators to obtain in the US market. Good results, it is not difficult to understand why Huawei was 'indignant' because AT&T gave up its cooperation.
For mobile phone manufacturers, the US market may be a bunker that is difficult to overcome because it has more influence than most other countries. On a global scale, HMD is doing a good job of reshaping the Nokia brand image, but it does. Has not yet had a huge impact on the telecommunications market such as the United States. (Proofreading / Luo Ming)
4. Why do you say that there are less than five new vehicles in the future?
Abstract: Is the new car power the future 'Tesla', or will it be the inundated bubble in the wave of car manufacturing? Perhaps the second half and next year will be the key time to decide whether to eliminate or advance.
The new car power of micro-network news has become one of the industries that have been favored by capital in the past two years. After the money-burning war and the war of words, the new energy-making sports have played from the capital, playing the first half of the concept, fast Enter the second half of playing games and playing technology. At present, there are already 15 new energy auto start-ups in China. Are they the future 'Tesla', or will it be the inundated bubble in the wave of car making? Perhaps The second half and next year will be the key time to decide whether to eliminate or advance.
Technology: Dong Chengxi
The competition of new energy vehicles is a comprehensive strategy of technology, supply chain, brand, etc., and technology is a key element. It is not simply assembled from parts manufacturers to be 'Benz'.
Just like the core part of pure electric vehicles is the three-electric (battery, motor, electronic control) system, how to ensure the integration of the most advanced technology, how to ensure efficient cooperation? And to continuously improve the user experience, software becomes the underlying driving force How to ensure continuous online iteration? Moreover, how to carry out a large amount of data accumulation, and constantly upgrade and optimize?
However, many new car powers are innovative in the way of Internet thinking and business models, but for now, they only put a lot of people and funds in smarter interactions, more cool cockpits, better styling, etc. Judging from the field of intelligence, which should be its killer, the new forces in the hands of the new players are far from enough to make them revolutionaries. How to improve the level of basic technology research and development, and establish enough barriers to How to get more data faster and help to achieve upgrade iterations in a shorter period of time is still the direction that new vehicle forces need to focus on. After all, Internet thinking and business model innovation are not insurmountable, intelligent network, AI There are still a lot of space for emerging technologies, and they need to be constantly explored.
In the industrial chain, the traditional car companies that have optimized the cost control by the experience curve, the Internet thinking promoted by the new car forces, or even the outsourcing of production, are also difficult to solve the high cost pain points, parts and leans of manufacturing small batches. Management systems and management experience need to be rebuilt.
And, can the planning catch up with the various changes? When will the brand be delivered? The first time that the company will be delivered in September 2018, the delivery will reach five digits before the end of this year, and 100,000 units will be delivered next year. October Xiaopeng 2018 before the end of 2019 to achieve 30,000 Ai Chi 2018 at the end of the year, pure electric SUV models will be delivered in the fourth quarter of 2019, Hezhong New Energy 2018 third quarter, at the end of 2019, Nanjing plant in China officially put into operation And delivery of new specials in September this year next year, the maximum delivery capacity of 90,000 zero-run 2019 March singularity 2019 2019 will launch L3 level autopilot level car ranger 2019 before the third quarter to achieve delivery car and home delivery in 2019
Competition: Internal and external difficulties
China has the world's largest and highest temperature new energy vehicle market. Whether it is a traditional model or a new upstart, it is gathering new energy vehicles. Many players have been continually erected, and a strong moat has been built.
Not to mention the 100-year-old veteran automakers, as well as the domestically rich automakers and the highly respected Tesla, look at the latest moves: Tesla Shanghai has built a factory, planning to produce 500,000 a year. A pure electric vehicle; Volkswagen, Jianghuai and Xiyate signed a memorandum of understanding on cooperation. Xiyate will participate in the Jianghuai Volkswagen and jointly set up a research and development center in China to produce pure electric vehicles under the West Yate brand in 2020-2021. Dongfeng Yueda Kia, GAC Mitsubishi and others have released electric models, accelerating the strategic layout of the new energy vehicle market in China.
It is very likely that the new car power is still starting, and other players are already speeding up the sprint.
In addition, the deep cooperation between battery manufacturers and OEMs is also increasing. SAIC, Dongfeng and Ningde era, BYD and Changan Automobile are deeply bundled, which provides guarantee for these OEMs to obtain better quality and more cost-effective power batteries. Naturally, it has more advantages in supply, cost and service.
Chinese and foreign auto companies have joined forces to land in the Chinese market. For start-ups that are constantly seeking financing and car-making, they are a strong enemy.
Whether it is for the 2B or 2C market, demand and growth are highly controlled, and there are high market barriers caused by local protection. It is not a matter of money to build a car. In this process, brand building, technology accumulation, and market insight are all crucial. Important, any lack of one aspect will lead to failure, and new forces in the car want to open up their own 'roads' and have to constantly 'refuel'.
Market: Big Waves
In 2018, the financial subsidies for new energy vehicles have been significantly reduced. The double-point policy that will replace financial subsidies after 2020 has also been officially implemented. Although the new forces for car production were born in the era of fiery subsidies, they are basically listed in batches after the subsidies are withdrawn. And as soon as you come up, you must face the full competition of triple firepower.
The benefits brought about by the policy seem to have been blessed, and the market capacity has narrowed as many companies have swarmed in.
In the "Long-term Development Plan for the Automotive Industry", it is clearly pointed out that new energy vehicles will reach a scale of 2 million sales in 2020. According to the statistics of the New Energy Vehicle Blue Book (2017), 25 traditional car companies and new The capacity of new energy vehicles entering the enterprise will be planned to reach 6.09 million units by 2020.
It is reported that the number of new energy auto companies registered in the Ministry of Industry and Information Technology has reached 503, including both the new energy vehicle projects of traditional car companies and the new car power. Of these new car powers, only 15 have passed. The project approval of the National Development and Reform Commission, only 7 of which passed the review of the Ministry of Industry and Information Technology.
If the production capacity has not yet been realized, there will be excess. How can the market after the ebb tide support the survival of so many enterprises and brands? In the future 2 million new energy vehicles, how can the new vehicle power account for several percent? Many industry insiders expect that the future will survive. There are less than five new vehicles built down. It seems that while the future Rhapsody of the new forces of the car is going to be played, it may take some time to think about how to sell this ticket.
5.OPPO Find X evaluation: Appearance of technology and full of sense of life can not be underestimated;
Summary: Find X, the flagship phone of OPPO this year, was polished for four years before it was released. The appearance is amazing and the performance is not picking. The only thing that people care about is its battery life. The battery of double 1700 mAh is used in 6.42. On the big screen of inches, it’s not a day to charge the treasure, but it’s not like that. After reading the Find X evaluation, you will understand.
Episode News (Text / Luo Ming) OPPO released the polished X for 4 years last month, with 93.8% of ultra-high screen ratio, the first dual-track design, 3D hidden camera, etc., with the future The name of the flagship mobile phone is deserved. We have also got such a mobile phone. How about the strength of it?
Exterior
Find X uses a 6.42-inch curved panoramic screen with a screen ratio of up to 93.8%. The multi-radius curve is applied with a hidden design, which makes it have a shocking visual impact. Under the state of the screen, our well-known earpieces, sensors, etc. are not seen. The trace, leaving only a quiet screen, in the bright state, the ultra-high screen ratio and the delicate screen display can be described as stunning.
The Bordeaux red color on the back of the phone gives a color flow beauty, fingerprint recognition, camera, flash and other regular customers on the back of the phone can not find the shadow on the back of Find X, its back is as simple as the front.
At the bottom is the SIM card slot and speaker. The interface of Find X has been upgraded from USB to Type C. Mom no longer has to worry about plugging the data cable into the phone.
Looking around the Find X, the 3.5mm headphone jack that the song enthusiasts liked didn't show up. It seems that they want to use the wired headset to listen to the song and buy the interface. OPPO has already thought of this, and the supplied headphones are supported. Type C interface, Xiaobian used it for a while, the sound quality is really good.
Since Find X is both curved on both sides, it feels good and has no pressure in one hand.
performance
We got Find X in our hands. It is equipped with Qualcomm Snapdragon 845 processor, supplemented by 8+128GB of storage, and the screen resolution is 2340X1080. The scores of the three big running softwares of Ann Bunny, Master Lu and Geekbench are 290,000 points respectively. 210,000 points, single core 2305 points and multi-core 7991 points, the performance of Find X in the Android camp belongs to the upstream level.
RAM and ROM
As OPPO's four-year sword, OPPO is naturally willing to pile up, 8GB of RAM is LPDDR4X, 128GB of ROM is UFS2.1, and their combination can ensure users' daily use is more smooth, especially when running large games and A lot of file reading and writing aspects, the advantages are more obvious.
game
We selected the current mainstream games on the market to test and found that Find X can easily deal with no pressure, whether it is the thrilling gun battle of "Jesus Survival Stimulus Battlefield", the fierce battle of "Glory of the King", or the speed of "QQ Speed" The performance of Find X is very satisfying.
Find X's unique game space, when the application is recognized as a game, it will automatically turn on optimization, such as graphics acceleration, network protection, etc., to give users an excellent experience, after the game phone is warm, the hot part is concentrated on the top of the phone. Through software monitoring, during the game play, Find X calls the processor core very aggressively, so that the firepower is fully open, playing games with Find X is a pleasure.
Small European voice assistant
Find X's built-in small European voice assistant is powerful, with intelligent MIC, can be online at any time when low power consumption, wake up at any time. As long as you call 'small European small Europe', Find X can respond instantly, and it is multi-level Cross-application response. Like red envelopes, listening to music, setting schedules, etc., you can do it with a mouthful.
System UI
Find X comes pre-installed with Android 8.1 deep customization Color OS 5.1, it is equipped with AI preloading function, based on AI algorithm to learn the user's usage habits, bringing faster application opening speed; a new negative screen collection shows each A variety of life service information, one-click direct access to common functions, one-step access to important information and other functions; powerful intelligent sweep, it integrates practical functions such as knowledge, photo translation, and scanning documents.
Face unlock
OPPO applied the latest research on 3D structured light technology to Find X, which made Find X the first Android smartphone camp to use face-level recognition (unlock) with payment-grade 3D structured light technology. X, From our test, Find X's face entry and recognition speed is very fast, whether it is unlocking or paying the level, brushing the face can easily complete the operation.
Take a photo
Find X's innovative dual-track periscope structure hides the camera. The machine is equipped with a front 2500W pixel camera, aperture F2.0, Sony IMX576 sensor; rear 2000W+1600W pixel AI smart dual camera, which mainly supports OIS optical protection Shake, the aperture is also F2.0. With a powerful image quality enhancement algorithm, you can cope with all kinds of commonly used photo scenes.
Let's take a look at a group of photos taken by Find X. At night we see that the photos taken by Find X are colorful; the photos taken during the day are clear and bright, and the fountains in the distance are magnified, we can see the granules of water, etc. Blue sky, street lights, buildings, wires and other things are very layered by Find X.
In terms of Selfie, I can make the appearance of the 'spicy eyes' of the popular ones into the effect accepted by the general public. It can be seen that the image of Find X is very deep, and Xiaobian has to praise it for its selfie.
Find X's 3D structured light technology is not only used for face unlocking and brush face payment, but also for self-portraits. OPPO calls it - shoot, remove the glasses, organize the hair, shoot, and then do the character image. The definition, a personal 3D cartoon image was born, it is very fulfilling.
Charging and battery life
Find X has built-in dual 1700 mAh batteries. After simulating heavy user games, watching movies, listening to music, web browsing and other daily use scenarios, the battery dropped from 71% at 17:37 to 66% at 18:14. When the power is reduced by 5% in 37 minutes, if it is calculated from 100% of full charge, it can be used for 740 minutes in total, that is, 12 hours and 20 minutes. On the 6.42-inch curved panoramic screen, this battery life is excellent, if it is used lightly. Two or three days of charging a single charge, do not look at its battery capacity of less than 4000 mAh, the endurance results are amazing, enough to match those of the five or six thousand mAh battery.
We got the standard version of Find X, so the standard charging head is 5V/4A, charging from 0% to 100%, which takes 106 minutes in total. This performance is average.
Summary: With super high face value, strong performance, excellent battery life, OPPO spent four years of polishing Find X, did not live up to the wait of fans, in the Liu Haiping mobile phone popular today, the emergence of Find X, let hate Liu Hai The user of the screen flagship machine has another choice. (Proofreading / Luo Ming)
6. Huawei's multi-site provident fund deposit ratio decreased by 7%
(Reporter Wen Wei) Recently, Huawei has adjusted the housing accumulation fund of employees in Beijing and Shanghai to 5% from the previous 12%, causing hot discussion among employees. Some employees believe that the company has not communicated directly with the employee representative assembly. There are some adjustments to the standards; some employees said that they hope the company can balance the interests of employees. Huawei responded yesterday that the company is based on the "Notice on Improving the Housing Provident Fund Deposit Mechanism to Further Reduce the Cost of Enterprises" and the principle of 'same place and the same standard'. Adjustment, the company's human resources department is currently informing employees about the specific payment.
Some Huawei employees said that on Wednesday, the company's housing provident fund working group suddenly posted in the internal forum that the housing accumulation fund ratios in Beijing, Shanghai, Chengdu, Jinan, Hangzhou and Langfang will be adjusted from the original 10%-12%. To 5%. The working group said that the policy needs to be communicated and reported to the relevant government departments. At present, Huawei has reported to the relevant government departments and obtained approval. 'The original communication plan of the working group was approved by the relevant government departments, that is, this In a few days, based on the actual adjustment of the deposit ratio of the local provident fund, HRSSC will inform you of the specific payment by mail.
The news caused a heated discussion among Huawei's internal staff. Some employees believe that the company will reduce the housing provident fund by about 7%, which will lead to a reduction in their income, and fear that it will affect the provident fund loan. Some employees believe that the adjustment of the provident fund is Major events, the company should not be adept, but should first discuss the decision with the company's employee representative assembly, and hope to introduce follow-up supplementary measures. However, some employees believe that Huawei's deposit ratio in Shenzhen and other places was 5%, adjusting other areas' provident fund. Conducive to the internal fairness of the company.
Yesterday, Huawei should adjust its position, saying that Huawei's salary is the best in the industry and always adheres to the struggle-oriented. Huawei said that it is based on the Notice on Improving the Housing Provident Fund Deposit Mechanism to Further Reduce Enterprise Costs and The same as the standard 'principle (that is, the company complies with the laws and regulations of the country where the employee is participating, the employee protection benefits of the same country or region are consistent in rules and standards), the company will now Beijing, Shanghai, Chengdu, Jinan, Hangzhou and Langfang The proportion of housing provident fund deposits has been adjusted to 5%, which is consistent with the deposit standards in Shenzhen and other places. At present, the company's human resources department is informing employees about the specific payment, reminding everyone to pay attention to the changes in the amount of the provident fund and answer questions.
The reporter of Beiqing Daily found that the Notice on Improving the Payment Mechanism of Housing Provident Funds to Further Reduce the Cost of Enterprises was issued by the Ministry of Housing and Urban-Rural Development, the Ministry of Finance and the People's Bank of China in May this year, which clarified that the lower limit of the contribution rate of housing provident fund is 5%, the upper limit shall be determined by each region in accordance with the procedures stipulated in the Regulations on the Management of Housing Provident Funds, and the maximum shall not exceed 12%. The depositing unit may, within 5% to the local upper limit, independently determine the proportion of housing provident fund deposit. Youth newspaper