Several Chinese online media outlets falsely reported that a Tokyo-based research firm found more than 90 per cent of the handset’s parts to be domestically sourced.
Huawei’s new Pura 70 smartphones, powered by a chip designed by its in-house unit HiSilicon, are set to help the Shenzhen-based tech champion regain the top position in China’s smartphone market.
Billionaire Elon Musk flew into Beijing on Sunday, meeting Premier Li Qiang and hoping to bring Tesla’s autonomous driving technology to China amid intensified competition with local electric vehicle makers.
Chinese electric vehicle start-up Xpeng said its partnership with AI chip supplier Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers.
Apple is still No 1 in China’s premium segment, which consists of handsets priced over US$600, but it is losing market share to Honor and Huawei, according to IDC.
SenseTime’s shares gained as much as 36 per cent after the company launched the latest iteration of its SenseNova large language model.
Chinese smartphone brand Xiaomi has declared initial victory in its foray into the crowded electric vehicle market, claiming more than 70,000 orders for its SU7 sedan in the first month.
The internet giant’s Intelligent Driving Group will strive for ‘100 million yuan of revenue and 100 million yuan of profits’, unit head Wang Yunpeng writes in a letter to employees.
In Beijing’s Tongming Lake IT City, a group of prominent Chinese firms are leading efforts to become self-sufficient in core technology.
Sitonholy, which has been added to the US Entity List, is one of a few ‘elite-level’ Nvidia data centre product solutions providers in China.
Xiaomi has locked in an estimated 40,000 orders of the SU7 as of Tuesday.
China is quietly making progress on a new technique to develop advanced chips without the need for EUV systems from Dutch giant ASML, a breakthrough that could potentially thwart US trade sanctions.
Xiaomi off to a flying start in EV sector with its new SU7, which is priced to take on Tesla’s Model 3 in the competitive Chinese market.
Chinese smartphone giant Xiaomi has launched its much-awaited first electric vehicle, pricing the standard model at 215,900 yuan (US$29,867) to take on Tesla’s Model 3 in the world’s largest EV market.
Hong Kong-listed lidar specialist RoboSense saw its losses widen last year despite higher adoption of its products by carmakers and suppliers, according to a company filing on Wednesday.
Alibaba has scrapped the planned Hong Kong IPO for its logistics unit Cainiao, deciding to double down on its investment in the strategically important unit.
Lam Research and Applied Materials have sponsored Semicon China for the second consecutive year but neither have a physical presence at event in Shanghai.
At a major industry event in Shanghai, China’s top semiconductor executives failed to address the elephant in the room: growing US export restrictions on advanced chip technology.
As the chip equipment giant threatens to expand outside the Netherlands, Chinese social media users are quick to point their finger at US-led export curbs.
Robin Li Yanhong said his company’s Ernie model can produce better results when asked to write poetry following a Tang-era metre.
Nvidia’s warning to developers about running its CUDA software, a programming toolkit, on third-party graphic processing units has exposed another weak link in China’s quest for chip self-sufficiency.
The MiniMax deal would mark Alibaba’s second major artificial intelligence start-up investment this year after leading Moonshot AI’s US$1 billion funding round in February.
Huawei Technologies’ new Ascend 910B chip, already available on the mainland, is said to be on par in terms of computing power with Nvidia’s sought-after A100 graphics processing unit.
Robin Li Yanhong, co-founder, CEO and chairman, noted AI product Ernie Bot achieved ‘breakthroughs in monetisation’ in 2023.
Ticket sales during the Lunar New Year break rose more than 18 per cent compared to the holiday last year.
Analysts expect even more growth from chip designer Nvidia in 2024 as demand for its hardware remains strong amid AI boom.
US chip giant Nvidia said it has started shipping alternative GPU samples to Chinese customers as Washington’s restrictions on the export of advanced chips to China begin to take a toll on revenues.
SMIC and Huawei, two key players in Beijing’s efforts to defeat US sanctions on advanced chips, are among the country’s top recipients of local government funding this year.
Shanghai-based FoloToy is partnering with toymakers to upgrade traditional playthings with generative AI, creating interactive companions that can tell stories and hold natural conversations.
Alibaba’s lower-than-expected quarterly financial results come amid challenging economic conditions and growing competition from new entrants in the online shopping sector.
