(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end products of U.S. chip giant Nvidia, the Wall Street Journal reported on Sunday. Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D, the report…
Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said. Some shipments have already been made, they added. The timing is fortuitous for Chinese AI companies which have been left scrambling for domestic alternatives to the…
Semiconductor industry veteran Yin – who previously worked in the US at Applied Materials, Lam Research and Intel – identified as a US citizen in AMEC’s annual reports for 2022, 2021 and 2020. AMEC did not state Yin’s nationality in the firm’s 2023 report. The change of citizenship for Yin, 81, is the latest sign…
Naura Technology Group, China’s top chip equipment maker, said it expects a sharp rise in revenue and profit for the first quarter of 2025, after reporting strong performance in 2024, highlighting the country’s progress towards semiconductor self-sufficiency. The Beijing-based company, a key equipment supplier for the domestic chip industry, said in a corporate filing on…
By Che Pan and David Kirton BEIJING/SHENZHEN (Reuters) – China’s Huawei Technologies said on Monday its profit fell by almost a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an earnings boost, while its revenue grew at the fastest rate in five years. Net profit…
During a visit to the southwestern province of Guizhou – one of China’s poorest and most indebted areas – President Xi Jinping called for the region to undertake an accelerated economic transition, improve its business climate and better integrate with the country’s other local economies. The president’s inspection tour to the mountainous province on Monday…
Criticism of Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings over its Panama Canal ports sale is mounting as key Beijing offices posted another online media commentary warning entrepreneurs who choose to “dance with Americans” will have no future even if they secure a “big deal”. The article, published by pro-Beijing newspaper Ta Kung Pao…
Criticism of Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings over its Panama Canal ports sale is mounting as the two top Beijing offices in charge of Hong Kong affairs posted another commentary warning entrepreneurs who choose to “dance with Americans” will have no future even if they secure a “big deal”. The article, published…
A total of 41 new corporate venture capital funds were registered in the coastal province last year, the highest number among those recorded in 18 mainland provinces in the same period, according to the latest data from CYZone Research Centre in China. Zhejiang has been attracting more investments amid the province’s evolution from e-commerce hub…
Shenzhen has received a boost to its role in manufacturing humanoid robots after Unitree Robotics set up a new venture to leverage the supply chain and supportive policies of the southern tech hub. Unitree, the country’s hottest robot maker and one of the so-called six Little Dragons based in the eastern Chinese city of Hangzhou,…