Chinese consumers are increasingly willing to pay for high-quality products, as smartphone prices continue to rise, analysts say.

The Silicon Valley company joins several other US investment firms, including Sequoia Capital, that have made similar moves under pressure in Washington.

Sales of Intel’s Gaudi2 processors, which are tailor-made to comply with US trade restrictions, have been strong since their launch in July, according to Taiwanese media.

The air cargo link between mainland China and Vietnam comes as JD.com continues to expand its overseas logistics operations.

Pre-order sales of iPhone 15 in China get off to robust start, indicating demand is still strong for US giant’s iconic handset despite Huawei revival and partial government ban.

Before their global agreement was reached, Huawei had been locked in a patent-infringement lawsuit against Xiaomi.

The support measures come as authorities seek to spur growth among unicorns amid a sputtering economic recovery and after a long period of regulatory scrutiny.

The Chinese version of TikTok is expanding to 24 new markets including Shenzhen and Tianjin to capture a larger slice of China’s lucrative food delivery pie.

Apple is facing new competition from Huawei and a govenment use ban on iPhones as it prepares to launch its latest model in China.

The industry’s aggregate profits rose 29.1 per cent year on year to US$11 billion in the January-to-July period, led by the e-commerce and on-demand local services market segments.

The Beijing-based search giant will soon launch a new version of its large language model, founder and CEO Robin Li said on Tuesday.

Huawei is in the process of building 15 million units of the Mate 60 series, with at least 7 million handsets expected to be sold, according to analysts.

Baidu’s ChatGPT-like service Ernie Bot topped download charts on its debut, as millions of users tested the service with a wide range of questions, including some it had trouble answering.

Baidu, SenseTime, ZhipuAI and Baichuan have received government approvals to provide generative AI services to all users, the companies said.

The world’s second-largest economy had 1.08 billion internet users as of June, an 11.09 million increase from December last year, to put its online penetration rate at 76.4 per cent.

Tough US curbs on venture capital investment in sensitive tech sectors is scaring foreign money away and threatening China’s AI ambitions.

The Chinese food delivery giant says its adjusted net profit in the second quarter more than tripled from a year ago.

Delivery has emerged as the new battleground for China’s e-commerce giants, as they jostle to win local consumers with faster and cheaper shipping services.

The internet-based economy accounted for over 90 per cent of the overall growth among China’s new economic engines last year, highlighting Beijing’s push for the digital economy to take over from traditional tools and drive the post-Covid recovery.

The Ministry of Industry and Information Technology requires all mobile app providers to submit their business details to the government or face punishment.

The fund will be used to help incubate the latest innovation, develop commercial products and finance mergers-and-acquisition activities in the Chinese capital’s robotics industry.

The Chinese e-commerce giant has also rejected rumours that the couple bought more than US$100 million worth of luxury property in the US.

Local services offer a new source of growth for Chinese tech companies as some of their bread-and-butter businesses have plateaued.

The Biden administration’s latest executive order is not expected to significantly impact China’s semiconductors, quantum computing and artificial intelligence sectors.

Grace is currently accessible only to ByteDance corporate email account holders, who can log on and use the chatbot via its dedicated website.

Open-sourcing offers a way for Big Tech firms and start-ups alike to extend their reach and stand out from the competition, according to experts.

The slowing economy has resulted in a flood of new gig workers who have been reduced to working longer to get fewer orders than they saw during the pandemic.

The National Natural Science Foundation of China, under the Ministry of Science and Technology, plans to fund as many as 30 research projects to be conducted over a period of three to four years.

The reinvigorated state of the tech sector is reflected in the recruitment efforts of several large firms, including Alibaba, ByteDance and Meituan.

Xie Haihua has resumed his duties as chairman after being taken away to assist authorities in an investigation, Darbond Technology announced.