When Ulrich Ackermann started working for the German machinery industry in 1986, the country’s watchmaking sector had been eaten up by Japanese competition. Advanced equipment makers were sure they were next. “The watch industry almost completely disappeared from Germany, and there was a fear that this could also happen to the machinery industry. That hasn’t…
President Xi Jinping has reiterated his view of China’s inevitable rise – a belief that continues to drive policymaking at the highest level – at a closely watched symposium with prominent entrepreneurs, held to boost private-sector morale and shore up economic momentum. He told the assembled business leaders on Monday that the East still holds…
Ren, the face of China’s resilience against US hostilities in technology, told Xi that concerns had eased over China’s lack of home-grown chips and operating systems – the “heart and soul” of modern technology – according to a report from the People’s Daily on Friday. “I firmly believe that a stronger China is rising at…
China’s tightening grip on radio frequencies critical for advanced technologies – from 5G networks to AI-driven weapons – threatens to eclipse US innovation and military readiness, senators and analysts warned on Wednesday, urging Congress to break a years-long stalemate over modernising America’s outdated spectrum policies. At a Senate Commerce Committee hearing, lawmakers clashed over how…
Yu Renrong, the only semiconductor executive to attend a symposium hosted by Xi Jinping with other Chinese entrepreneurs earlier this week, has quickly become the face of the nation’s chipmakers. In a video released by the mainland’s state broadcaster CCTV, the 58-year-old founder of Shanghai-listed Will Semiconductor – wearing a black coat – was seen…
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…
Tencent Holdings said it is testing the integration of DeepSeek’s service on Weixin, as the operator of China’s most popular super app looks to artificial intelligence (AI) to power its suite of services from social networking to e-payments and ride-hailing. In the current beta test, users can click an “AI Search” option on the search…
China’s northern port city of Tianjin has become the latest local government to adopt the Chinese artificial intelligence system DeepSeek. The Tianjin AI Computing Centre, which will host the system, is a collaboration between Hebei district and Chinese tech giant Huawei Technologies launched in March 2023. It is the first facility in the wider region…
China’s three major telecoms operators have rushed to integrate DeepSeek’s artificial intelligence (AI) models into their services, as firms across the country jump on the bandwagon of the country’s hottest tech start-up. In a bid to “promote the universal application of latest AI technologies”, China Mobile, China Telecom and China Unicom have integrated DeepSeek’s models…
But DeepSeek’s head office in Hangzhou, capital of eastern Zhejiang province, on Wednesday kept mum on the firm’s potential next moves, as it declined all requests from news media, including the South China Morning Post. More security personnel were deployed outside its office building on the same day, according to one of the guards on…