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Artificial intelligence
Self-driving cars and autonomous vehicles
China digital currency
Alibaba
Tencent
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Xiaomi
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JD.com
Kuaishou
Venture capital market
China life sciences-focused Dalton Venture expands operations to Hong Kong
The venture capital firm expects the size of its potential new fund in Hong Kong to range between US$103 million to US$129 million.
26 Apr 2025 - 7:00AM
Ant Group
Alipay leads China’s payments market as tap-and-pay reaches 100 million users
25 Apr 2025 - 9:00PM
Electric & new energy vehicles
Pure EVs regain market share in China on lithium cost, battery technology
25 Apr 2025 - 8:26PM
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Artificial intelligence
Baidu offers new AI models at lower cost than DeepSeek’s products
The lower cost would help developers focus on creating ‘more super interesting and useful’ AI applications, Baidu CEO Robin Li says.
25 Apr 2025 - 7:00PM
Baidu has made available to developers its latest artificial intelligence models, Ernie 4.5 Turbo and X1 Turbo. Photo: Shutterstock
TikTok
TikTok shakes up US e-commerce, policy leadership amid trade war, ban law
The changes for two executives follow a departure last month, as ByteDance seeks to safeguard business in its flagship app’s largest market.
25 Apr 2025 - 6:00PM
Semiconductors
US-China trade war drives demand for Intel’s older chips
A worsening economic outlook and tariffs between the US and China have prompted customers to fall back on cheaper, older processors.
25 Apr 2025 - 11:15AM
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Artificial intelligence
Google earnings beat estimates, says AI investments boost ad sales
Big Tech firms have continued to defend their aggressive AI investments, saying these were necessary to remain competitive.
25 Apr 2025 - 10:10AM
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Google says its AI investments are powering ad sales, as it tries to soothe anxious investors. Photo: AFP/Getty Images/TNS
Artificial intelligence
German, Japan carmakers embrace Chinese AI as Tesla awaits Beijing’s nod on FSD
AI models developed by Chinese tech companies, including DeepSeek and Big Tech firms, have emerged as popular choices for carmakers.
25 Apr 2025 - 9:06AM
DeepSeek
DeepSeek on recruitment drive as start-up remains tight-lipped on new AI model
This marks the first time DeepSeek has published product-related job openings, as it has largely focused on fundamental AI model research.
24 Apr 2025 - 10:42PM
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Electric & new energy vehicles
Chinese carmakers put brakes on self-driving hype at Shanghai show
‘Safety’ is the big buzzword as firms adjust tone amid Beijing’s closer scrutiny after a fatal crash involving a driver-assistance system.
24 Apr 2025 - 9:59PM
Artificial intelligence
Microsoft sees hybrid offices where humans, AI agents team up for efficiency
A report found that 76 per cent of Hong Kong firms plan to use ‘digital labour’ to expand workforce capacity in the next 18 months.
24 Apr 2025 - 8:00PM
Half of Hong Kong’s workforce was already using AI agents to automate their workflows and processes, according to the Microsoft report. Photo: Shutterstock Images
Electric & new energy vehicles
Intel, Chinese partners ModelBest and Black Sesame push smart car systems
The collaborations reflect demand in China, the world’s largest electric vehicle market, for more computing power in sophisticated cockpits.
24 Apr 2025 - 6:49PM
Digital currencies
Hong Kong ranks as second-most crypto-friendly city in the world in new index
The city is just behind Ljubljana, capital of Slovenia, in an evaluation based on factors such as regulation, taxes and wealth.
24 Apr 2025 - 5:00PM
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Artificial intelligence
Tesla is testing robotaxi service with employees in Texas, California
The plan is to launch this summer a Robotaxi service that would be driverless and under remote supervision.
24 Apr 2025 - 12:00PM
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TSMC
TSMC shows off new tech for stitching together bigger, faster chips
The Taiwanese chipmaking giant will begin production with its advanced A14 fabrication process in 2028.
24 Apr 2025 - 11:00AM
A TSMC logo is seen at the Hsinchu Science Park in Taiwan. Photo: AFP
Semiconductors
Nvidia supplier SK Hynix’s profit soars on AI demand boost
It marks the company’s second-highest quarterly performance and comes on the heels of record revenue and profit in the prior quarter.
24 Apr 2025 - 9:54AM
Semiconductors
Shanghai chip firm doubles quarterly profit as China expands supply chain role
Semiconductor design firm Montage Technology is currently one of the world’s three main suppliers of connector chips to the DRAM market.
24 Apr 2025 - 7:00AM
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E-commerce
Alibaba.com climbs in US shopping app charts as consumers hunt for bargains
The Alibaba.com mobile app occupied the third spot on the US iOS app store’s shopping category for most of this week.
23 Apr 2025 - 11:19PM
The Alibaba.com booth at the 136th China Import and Export Fair in Guangzhou in October 2024. Photo: Xinhua
Tencent
WeChat helps Chinese tourists book tables at 870,000 dining spots across Japan
The Chinese-language version of Tabelog, a popular Japanese restaurant review website, is now available as a mini program on WeChat.
23 Apr 2025 - 7:30PM
Electric & new energy vehicles
Chinese robotaxi firm Pony.ai eyes global expansion, unveils 3 models
The industry will see wider adoption and a big jump in the number of robotaxis in the next three years, Pony.ai CEO James Peng says.
23 Apr 2025 - 9:36PM
Semiconductors
China’s memory chip giant issues rare recruitment ad for Japan unit
The hiring notice sheds light on CXMT’s Japanese subsidiary for the first time since it was established in 2020.
23 Apr 2025 - 5:00PM
Semiconductors
Nvidia supplier SK Hynix unseats Samsung as world’s DRAM chip leader on AI boost
SK Hynix seized 36 per cent of global DRAM sales in the March quarter to surpass Samsung, which had led the market for more than 30 years.
23 Apr 2025 - 2:25PM
SK Hynix also further widened its lead in high-bandwidth memory chips, with a 70 per cent global market share in the first quarter. Photo: Shutterstock
Robotics
Tesla’s robot project faces ‘magnet issue’ after China’s rare earth curbs
CEO Elon Musk said ‘China wants some assurances’ that the magnets Tesla is trying to buy will not be used for military purposes.
23 Apr 2025 - 12:24PM
Electric & new energy vehicles
Chinese EV makers take spotlight as Tesla skips Shanghai Auto Show
Firms including BYD, Nio, Geely, Xiaomi and Leapmotor will showcase new and existing models at the two-week event starting on Wednesday.
24 Apr 2025 - 3:31PM
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Artificial intelligence
China’s iFlytek touts reasoning model trained entirely with Huawei’s AI chips
iFlytek on Monday boasted that its Xinghuo X1 reasoning model had matched OpenAI o1 and DeepSeek R1 in overall performance.
23 Apr 2025 - 7:00AM
HIGHLIGHTS FROM
China Future Tech
China Economy
Shanghai aims for leading role in China’s commercial space sector
25 Apr 2025 - 1:30PM
China Business
Pure EVs regain market share in China on lithium cost, battery technology
25 Apr 2025 - 8:26PM
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Big Tech
Baidu offers new AI models at lower cost than DeepSeek’s products
25 Apr 2025 - 7:00PM
Tech War
China waives retaliatory tariffs on some US chip imports, report says
25 Apr 2025 - 5:52PM
24
China Business
Digital cockpit is the key to the Russian EV buyer’s wallet, vendors say
25 Apr 2025 - 11:45AM
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