SHANGHAI — China’s chipmaking equipment market is on track for a contraction next year, a result of an earlier rush of ahead-of-schedule purchases amid heightened tensions with the U.S. Spending on chip manufacturing equipment in China will top $40 billion for the first time this year, according to international chip industry group SEMI. Source link
HONG KONG/TAIPEI — Chinese artificial intelligence giant SenseTime Group is using “a lot” of domestic chips, including from Huawei Technologies, to train its large language models, as part of efforts to rapidly develop a homegrown AI computing ecosystem, a senior executive told Nikkei Asia. Alvin Zou, vice president of SenseTime’s Asia Pacific operations, said the…
PARIS/FRANKFURT, Germany — BMW and other European automakers are bolstering their EV lineups with small cars that can directly compete with cheaper Chinese imports, with some companies even forming partnerships with Chinese competitors to try and stem the tide of flagging sales. At the Paris Motor Show, which runs through Sunday, BMW unveiled two electric…
In recent years, China has quietly worked to lessen its reliance on helium sourced from the US, a rare and strategically important resource used extensively in industries like healthcare, semiconductors, and quantum computing.This effort has included a range of actions, such as diversifying its international supply sources and boosting domestic production through advancements in science…