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July 1, 2025
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China’s Xi Jinping to hold high-level meeting on Monday with top tech entrepreneurs
  • China News

China’s Xi Jinping to hold high-level meeting on Monday with top tech entrepreneurs

Cs news5 months ago03 mins

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…

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Tech war: China’s top chip foundry SMIC posts record revenue despite US sanction warning
  • China News

Tech war: China’s top chip foundry SMIC posts record revenue despite US sanction warning

Cs news8 months ago02 mins

The Shanghai-based chipmaker said its third-quarter revenue rose 34 per cent from a year earlier to US$2.17 billion. Net profit for the quarter reached US$148.8 million, up 58.3 per cent from a year earlier. “The company achieved for the first time more than US$2 billion in quarterly revenue during the third quarter, representing a record…

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