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The company said it regularly invests 6 to 7 percent of its annual sales revenues in R&D. It has worldwide R&D facilities in the Chinese mainland, Europe, Japan, Singapore, and the United States.

The company says a Chinese manufacturer copied their designs, stole their product photos and began selling indistinguishable pillows. It?argued that Amazon was liable for the infringement because?it made an “offer to sell” the counterfeit goods, even storing the knockoff pillowcases in its warehouses as part of its Fulfillment by Amazon program.

The company's 4G users increased by 10.52 million in Q1, bringing the total number to 230 million.

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The company is promoting its products in the domestic market but faces challenges such as production costs that are higher than its Chinese competitors－because of its higher quality standards－and a lack of brand recognition in China, he said.

The company said this case presents pure questions about law and does not at this point involve any dispute over facts. The US court has scheduled a hearing on Huawei's motion for Sept 19.

The company said it will rectify the programs, check batteries on the affected vehicles and replace the defective parts free of charge.

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The company, trading under the ticker symbol of "DOYU," priced its initial public offering of 67,387,110 American depositary shares (ADSs) at .50 per ADS for a total offering size of approximately 5 million, assuming the underwriters their over-allotment option.

The company says the service streamlines the process of paying for something by providing merchants with the?customer’s name, email address and zip code when?a user creates a new account, while?giving them access to Amazon’s payment backbone at the same time.

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The company, trading under the ticker symbol of "UXIN", announced its IPO of 25 million American depositary shares (ADSs) at a price to the public of .0 per ADS.

The company’s existing AI chip is already used by the Ministry of Public Security in its video surveillance system. The two sides have drafted a national standard on the use of such AI chips in video monitoring, Deng said.