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As a subsidiary of TV marker TCL Corp, Shenzhen-based CSOT said nearly 1.16 million square meters of AMOLED smartphone panels will be produced annually after the project goes into full production, which will satisfy about 5 percent of the total global demand of the AMOLED smartphone panel industry.

As first reported by Recode, Amazon cited winter storms as well as increased demand as causes of shipping slowdowns. The company said in a statement it is off to a “record-breaking start” to the holiday season, the first since Amazon embarked on the ambitious initiative to make one-day shipping the core delivery perk for Prime.

As at July-end, total assets of insurance joint ventures reached a little over 1 trillion yuan (3 billion), with a collective market share of 5.53 percent.

As banks face lower costs of funds after the cut, they may lower the quotation rates for the formation of the loan prime rate - the newly introduced lending reference rate, lowering corporate borrowing costs and boosting earnings as a result, Zhang said in a report.

As brick-and-mortar retailers seek to turn their physical stores into an asset instead of a liability to compete against online retailers, they need to heed the demands of today's increasingly mobile phone-dependent consumers, said Andria Cheng, an analyst at eMarketer.