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Based on ARM architecture, a design commonly used in smartphones and tablets, Kunpeng 920's power efficiency is 30 percent better than that offered by industry counterparts, which can greatly help reduce energy costs, Huawei said.

Based on technologies including artificial intelligence, blockchain and big data, the three platforms -- Intelligent Research Platform, Anylnfo and Quantum Compass -- will provide efficient service to small and midsize companies in China, according to the firm.

BYD is working with local universities to train professionals and promote new energy transportation.

Bai Ming, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation, said to encourage companies to explore the international market, a good environment and political support is needed, such as the previous measures on export tax refunds and adjustments in value-added tax.

BYD said the earnings decline was mainly due to industry and policy changes and increases in research and development spending.