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The company had targeted a launch of the set-top box around the holiday season, but those plans were delayed.

The commemorative medal was conveyed by Russian Ambassador to the DPRK Alexandr Matsegora to DPRK's Foreign Minister Ri Son-gwon, it added.

The company has set up an innovation center in Shanghai. It also has worked with the local government to establish its first JLABS, an open incubator for innovative technologies, outside North America and Europe in the city, with its first project initiated last week focusing on treatment of lung cancer, a disease affecting many Chinese.

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The company expects sales to increase at a rate of around 10 percent in 2018. Following the strong operational and financial performance in 2017, the company has also upgraded its 2020 profitability target. The company now expects to reach an operating margin of up to 11.5 percent by 2020.

The company confirmed its long-term hiring plans to Reuters.

The company has also donated agricultural products worth more than 5.3 million yuan to seven hospitals in Hubei.

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The commission said the two companies have accumulated 6,040 km of road tests during the past 40 days. No accidents involving testing vehicles have occurred and the tests have not disrupted traffic.

The comments came after Huawei said earlier that it would sell its 51 percent stake in Huawei Marine Networks, a global submarine network provider and a joint venture between Huawei and United Kingdom-based undersea cable company Global Marine Systems.

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The company has launched a mobile game called the Heaven Sword and Dragon Saber in Singapore, Malaysia, Vietnam and Thailand last year. It is set to introduce a new one in Singapore and Malaysia this month.

The commission said at its recent annual work conference that it will comprehensively strengthen regulation of assets and liabilities' quality to improve the liability status of banks and insurers, especially small-and medium-sized financial institutions.