China's Honor to invest $10bn in AI over next 5 years

China’s Honor to invest $10bn in AI over next 5 years

BARCELONA, Spain — China’s leading smartphone maker Honor Device on Sunday said it will invest $10 billion over the next five years to accelerate the company’s artificial intelligence developments. Honor CEO James Li Jian unveiled the initiative, dubbed the Alpha plan, to turn the company into an all-out AI solutions provider, with visions of building more…

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China's state-backed labs provide a lifeline for U.S.-blacklisted chip suppliers

China’s state-backed labs provide a lifeline for U.S.-blacklisted chip suppliers

TAIPEI — Chinese chip and chip equipment makers blacklisted by the U.S. are turning to universities and state-backed chip labs and “pilot production lines” to keep their development efforts on track. Facilities in major cities from Wuhan to Wuxi to Ningbo offer vital test production and verification services that help accelerate China’s chip developments, often…

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