Dependence on US chips and operating systems rapidly decreasing It would appear that US sanctions have done the opposite of what they were supposed to — the have sped up China’s chip and operating system development leading it to be less dependant on the US tech oligarchs. China’s tech giants have reassured President Xi Jinping…
When President Xi Jinping brought together China’s most prominent entrepreneurs for a high-profile symposium, markets and industry observers the world over were watching. News of the symposium had garnered a great deal of attention, as such a meeting had not taken place since late 2018. In the years after that gathering, a series of seismic…
BEIJING, – Chinese President Xi Jinping addressed more than a dozen founders and chief executives from some of China’s largest companies on Monday, in a bid to boost private sector sentiment. Chinese firms and their founders at Xi’s symposium Here are details of some of the firms, and their heads, in attendance: ALIBABA – JACK…
Chinese President Xi Jinping will host a meeting next week with some of the nation’s top entrepreneurs – including six Hangzhou-based start-ups known as the “Six Little Dragons” – to recognise progress in critical areas of technological advancement and show support to the private sector, according to sources. Between 20 and 30 founders and chief…
Chinese President Xi Jinping plans to chair a symposium to boost private sector sentiment next week that will be attended by the country’s business leaders including Alibaba co-founder Jack Ma, three people with knowledge of the meeting said. Xi rarely chairs symposiums about the private sector, and the event underscores the numerous challenges currently facing…
Feb 12, 2025 Chinese chipmakers are rapidly aligning with DeepSeek’s popular AI models, which is significantly boosting China’s strategic efforts to reduce its dependence on U.S. technology. For further insights, visit this source. Following the introduction of DeepSeek’s V3 and R1 models, major domestic chip developers are working tirelessly to distance themselves from Nvidia‘s technological…
DeepSeek is generating unprecedented momentum for China’s efforts to reduce its reliance on the ecosystem of Nvidia, as domestic chip developers rush to tailor their products for the artificial intelligence (AI) start-up’s low-cost, high-performance models, according to corporate statements and local media reports. For years, China’s domestic chip developers have viewed Nvidia with admiration, as…
The cloud-computing unit of Huawei Technologies has worked overtime with a local company during the Lunar New Year holidays to make DeepSeek’s artificial intelligence (AI) models available to end users on its platform in an efficient and affordable way. Huawei’s cloud unit teamed up with Beijing-based AI infrastructure start-up SiliconFlow to make DeepSeek’s large language…
Sales of iPhones in China during the quarter were weaker than the overall Chinese market, the data showed. Apple’s smartphone sales in China fell sharply in the final quarter of 2024, hurt by the popularity of local rivals like Huawei and others expanding into the premium market, according to a closely followed research firm. The…
Jan 21, 2025 Apple Inc. has experienced a significant setback in China, with iPhone sales plummeting by 18.2% during the December quarter, as detailed in a Bloomberg report. The decline in sales has pushed Apple to the third position in China’s smartphone market, a stark contrast from the previous year when iPhones were the top-selling…