Much as it did in global shipments for the second quarter, Chinese telecommunications equipment vendor Huawei Technologies has done likewise in China, leading its home market by shipping 40.2 million units in the quarter and extending its market share to a massive 44%. There was a broad swathe of daylight between Huawei and second-placed vivo.
The use of artificial intelligence and the implementation of social credit are two key overarching trends identified as drivers in a new report on use of the Internet in China.
Chinese companies dominate venture capital funded companies in the global tech space, according to worldwide data and analytics vendor GlobalData.
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