NEWS

The four bodies – the Internet Society of China, the Chinese Association of Automobile Manufacturers, the China Semiconductor Industry Association and the China Association of Communication Enterprises – on Tuesday issued statements within minutes of each other, urging their members to be “cautious” about buying chips from American suppliers, following the Biden administration’s fresh sanctions. […]

Chinese authorities rolled out the red carpet for French pharmaceutical and healthcare giant Sanofi, which plans to invest around 1 billion euros (US$1.05 billion) to build a new insulin plant in Beijing – the company’s single biggest capital outlay in the world’s second-largest economy. Vice-Premier He Lifeng on Tuesday told Sanofi chairman Frédéric Oudéa that

China’s chip ambitions are being tested again as fresh US sanctions, the third escalation in three years, hit more broadly across the semiconductor supply chain, industry insiders said. The US Commerce Department, which oversees export controls, added 140 Chinese chip-related organisations to a trade blacklist and placed additional restrictions on China’s access to semiconductor manufacturing

Chinese drone maker DJI is fighting to prove that it is not linked to the country’s military, an allegation that has resulted in US sanctions, as it continues to wage a legal and public image battle amid US-China geopolitical rivalry. Although the world’s largest drone maker has denied that its products are intended for military

Amazon.com’s cloud unit on Tuesday showed new data-centre servers packed with its own artificial intelligence (AI) chips that will challenge Nvidia, with Apple coming aboard as a customer to use them. The new servers, based on 64 of Amazon Web Services (AWS)’ Trainium2 chips, will be strung together in a massive supercomputer with hundreds of

Chinese video gaming and social media giant Tencent Holdings has launched a text-to-video generation tool based on its Hunyuan artificial intelligence (AI) foundation model, joining an intensifying race among domestic rivals to challenge US peers in the field. HunyuanVideo has been made available for free to enterprise and individual users, the company announced on Tuesday.

SenseTime, one of China’s leading pioneers in facial recognition, has unveiled a sweeping restructuring plan to centre its business around generative artificial intelligence (GenAI), seen as key for the company to stay relevant in a rapidly developing field. The Hong Kong-listed firm is adopting a “1 plus X” structure, whereby “1” represents the company’s core

The Dutch chipmaker and its Taiwanese partner Vanguard International Semiconductor Corp (VIS) on Wednesday broke ground on a joint chip plant in Singapore’s east region. The partners are already working on a phase-two expansion, NXP executive vice-president Andy Micallef told Bloomberg News on the sidelines of the ceremony, though he said that addition has yet

Bybit, a cryptocurrency exchange with Chinese roots that is now one of the world’s largest by trading volume, said mainland Chinese users are free to trade on the platform if connected through a virtual private network (VPN), but it will not allow trading in yuan. Bybit announced earlier this year that mainland Chinese citizens would

Alibaba Group Holding has won the sponsorship for the 2025 Spring Festival Gala show, China’s most-watched event of the year, as the e-commerce giant reaches out to consumers to regain growth momentum. The Hangzhou-based company signed a deal with China Media Group (CMG), which owns state broadcaster China Central Television, to be the “exclusive e-commerce