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Wency Chen
Senior Reporter, Tech
Wency tells stories that explore how technologies are reshaping society, with a focus on cross-border e-commerce, AI, the supply chain and others. Before joining SCMP, Wency contributed to KrASIA, Wired, Rest of World, World of Chinese, Tech in Asia, Vice China (BIE), Harper's Bazaar, etc. She attended Columbia Journalism School.
Wency tells stories that explore how technologies are reshaping society, with a focus on cross-border e-commerce, AI, the supply chain and others. Before joining SCMP, Wency contributed to KrASIA, Wired, Rest of World, World of Chinese, Tech in Asia, Vice China (BIE), Harper's Bazaar, etc. She attended Columbia Journalism School.
Areas of Expertise:
Cross-border e-commerce, Big Tech, AI Languages Spoken:
English, Mandarin
Beijing casts computing power as a national infrastructure, likening tokens to mobile data as telecoms firms roll out mass-market packages.
The chairwoman of manufacturing giant Lens is one of the country’s richest self-made women, working her way up from Shenzhen’s factory floors.
ArkClaw’s subscription model and surging token demand mark ByteDance’s new approach to agent economics.
China listed behind only the US and UK, reflecting the country’s ‘major scale’ in AI, biotechnology and talent, says data consortium.
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Rising fibre prices and surging output cement China’s role as the backbone of global optical connectivity for AI.
The South Korean firm had seen its market share in mainland China dwindle amid intense competition from a slew of domestic rivals.
China and US have different goals for artificial intelligence and ways of developing it. Washington’s curbs on tech exports have widened the gap between them.
Capital floods into China’s robotic sector but profitability remains elusive as challenges emerge with the industry’s business model.
Company says it is seeking to broaden its market reach in Asia, Latin America and Europe, the Middle East and Africa.
Case shows US-China competition has expanded beyond chips and models to areas of engineering and product design, analyst says.
DeepSeek says its V4 model will have throughput issues until the second half of the year, until Ascend 950PR supernodes ‘ship at scale’.
What’s behind the ‘CPU renaissance’ and where China stands in designing and manufacturing central processing units in the AI age.
The company says its cost-efficient new V4 model is competitive with top closed-source models from OpenAI and Google DeepMind.
Company pledges more partnerships to expand the agentic capabilities of its flagship consumer chatbot app.
DeepSeek is raising a small funding round not for cash, but to set a valuation benchmark and retain talent as rivals ramp up poaching.
The fines follow a period of intense competition that drove down prices and stalled profit-making at China’s food delivery platforms.
The company’s listing highlights its pivot from design tools to advanced AI-driven spatial platforms as it eyes overseas growth.
Chinese companies could be required to sell, transfer or shut down their US-based data centres and network nodes, analysts say.
The spatial design software developer is selling 161 million shares priced between HK$6.72 and HK$7.62 each, with listing set for April 17.
Data-centre expansion and AI investment push global trade ahead of economic growth, consultancy says.
Listing plan comes as giants Apple, Meta, Alibaba, Baidu, Xiaomi and Huawei, plus start-ups like Xreal, Rayneo, anticipate market growth.
Price rises of nearly US$30 reflect surging memory costs, with analysts pointing to AI-driven demand and tight supply across the chip sector.
China’s commercial rocket champion plans to raise US$600 million on the Star Market after its listing application is accepted.
Spatial intelligence firm moves ahead of tech peers after clearing a key Hong Kong listing hurdle.
Yuanjie’s rise underscores how China’s optical chip firms are riding the AI infrastructure boom, with data centre demand driving growth.
Higher prices give China’s mature-node producers room to compete with US, European rivals without sacrificing too much margin, analysts say.
Results reflect a pivotal year for PDD Holdings, as breakneck growth gives way to more stable pace.
Listing, if approved, would be a bellwether of investor appetite for so-called embodied AI companies.
As tokens are positioned as the AI era’s commodity, China’s energy scale and low-cost models could give it a structural edge.
