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Chinese smartphone vendor Realme unveiled a below-1,000 yuan (6) 5G handset on Tuesday, as the company aims to beat out rivals amid intense competition in the sector.

Chinese television manufacturer Konka Group Co Ltd said it will increase its investments in 5G, 8K ultra-high definition, the internet of things powered by artificial intelligence (AIoT) and micro LED, as part of a broader push to propel the development of the semiconductor display industry.

Choi's success in business funded ongoing charity efforts on the mainland. Scholarships, teaching buildings and even colleges bearing the Choi name sprung up in about half a dozen universities across China. In 1995, he donated 6 million yuan to create a foundation that provided subsidies to elderly members of the Chinese Academy of Sciences. He later injected another 10 million yuan into the fund, with the late Chinese nuclear physicist He Zehui - the wife of Qian Sanqiang, the father of China's atomic bomb - among the beneficiaries.

Chinese securities firms recorded robust growth in the first quarter of 2020, according to the Securities Association of China. [Photo/Sipa]

Christensen flashed a smile, and said "thank you" to his defense attorneys after the verdict was read.