8 April 2025

China’s top chip tool maker Naura sees revenue surge amid US trade tensions

China’s top chip tool maker Naura sees revenue surge amid US trade tensions

Naura Technology Group, China’s top chip equipment maker, said it expects a sharp rise in revenue and profit for the first quarter of 2025, after reporting strong performance in 2024, highlighting the country’s progress towards semiconductor self-sufficiency. The Beijing-based company, a key equipment supplier for the domestic chip industry, said in a corporate filing on […]

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Chinese semiconductor, auto parts suppliers expect to gain from intensified US trade war

Chinese semiconductor, auto parts suppliers expect to gain from intensified US trade war

Suzhou Everbright Photonics, which makes high-powered diode laser and radar sensor chips, said China’s retaliatory tariffs on American imports would prove helpful because the “cost of imported chips will be higher and uncertainties in the supply chain will be greater” for domestic clients. The Shanghai-listed company, whose shares gained 5.4 per cent on Tuesday, said

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IBM launches new mainframe system to handle heavy workload of AI models

IBM launches new mainframe system to handle heavy workload of AI models

The new generation of IBM’s mainframes, dubbed z17, will be powerful enough to handle the work of artificial intelligence (AI) models with stored data, IBM said in a statement on Tuesday. The z17 is IBM’s first new machine since 2022, which fits the company’s general three-year update cycle for its mainframes. Recent acquisition HashiCorp will

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Chinese AI firm AICT to submit Hong Kong IPO application by month’s end

Chinese AI firm AICT to submit Hong Kong IPO application by month’s end

A Beijing-based artificial intelligence (AI) company is moving forward with its plan to list in Hong Kong, despite the benchmark Hang Seng Index’s biggest one-day decline in nearly three decades amid an escalating global trade war. AICT, which specialises in high-precision AI technologies applied in traffic control and parking across more than 50 cities in

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