28 April 2025

Tencent, Alibaba buy Nvidia GPUs from ByteDance stockpile, report says

Tencent, Alibaba buy Nvidia GPUs from ByteDance stockpile, report says

Chinese technology giants Tencent Holdings and Alibaba Group Holding have purchased a substantial number of graphics processing units (GPUs) from TikTok owner ByteDance, which previously stockpiled about 100 billion yuan (US$13.7 billion) worth of chips, according to a report by business news outlet Caijing. Social media and video gaming giant Tencent purchased about 2 billion […]

Tencent, Alibaba buy Nvidia GPUs from ByteDance stockpile, report says Read More »

Seres, Huawei’s carmaking partner, plans Hong Kong listing to fund global expansion

Seres, Huawei’s carmaking partner, plans Hong Kong listing to fund global expansion

Seres Group, the carmaking partner of Huawei Technologies, has submitted an application to list its shares in Hong Kong. The Chongqing-based company, which builds Aito-branded intelligent electric vehicles (EVs), said in a filing to the Hong Kong stock exchange on Monday that it would use the proceeds from the share sale to diversify its sales

Seres, Huawei’s carmaking partner, plans Hong Kong listing to fund global expansion Read More »

China Future Tech webinar | US-China tech war in era of Trump tariffs

China Future Tech webinar | US-China tech war in era of Trump tariffs

Date and time: Thursday, May 8, 2025 | 10.30am-11.30am HKT This webinar will be live-streamed on this page on May 8, 2025, at 10.30am HKT. Bookmark this page or add it to your calendar to stay informed. US President Donald Trump’s tariffs are expected to not only intensify the US-China tech war, but also reshape

China Future Tech webinar | US-China tech war in era of Trump tariffs Read More »

Intel’s older chips get a second life from US-China trade tensions

Intel’s older chips get a second life from US-China trade tensions

A Sino-US trade war that threatened Intel’s revenue from its biggest market, China, had become an unlikely driver of demand for the embattled chipmaker’s older generation of personal computer and server chips, company executives said on Thursday. A worsening economic outlook and the prospect of higher prices brought on by US President Donald Trump’s sweeping

Intel’s older chips get a second life from US-China trade tensions Read More »

Scroll to Top