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Artificial intelligence
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Xiaomi
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Kuaishou
In this file photo, Huawei founder Ren Zhengfei is interviewed in Taiyuan, north China’s Shanxi province, on February 9, 2021. Photo: Xinhua
Huawei

Huawei founder Ren says state-of-the-art chip performance can be achieved

Ren Zhengfei says his firm is just one of many Chinese chipmakers, adding that the US has ‘exaggerated Huawei’s achievements’.

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Robotics

China turns to robots for elderly care with national pilot programme

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Start-ups

Hong Kong backs start-ups at VivaTech show in push for European market

ByteDance

ByteDance’s China head of content quality leaves amid stricter censorship

Li Tong, who led Douyin’s content quality team, is no longer listed in ByteDance’s internal employee system, according to sources.

The building of Douyin Group in Chengdu, Sichuan province, seen on March 11, 2024. Photo: Shutterstock
The building of Douyin Group in Chengdu, Sichuan province, seen on March 11, 2024. Photo: Shutterstock
Semiconductors

Qualcomm chips away at smartphone reliance with US$2.4 billion Alphawave AI bet

As Qualcomm looks to lessen its reliance on the smartphone market, Alphawave would provide it with technology used in data centres.

DJI

China’s top drone maker DJI comes down to earth with launch of robotic cleaner

Shenzhen-based DJI will introduce a combo vacuum-mopping robot this month, a project that has been in development for four years.

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Artificial intelligence

RedNote says its new open-source AI model bests DeepSeek in Chinese

The company, known for its Instagram-like platform, on Friday unveiled dots.llm1, a mixture-of-experts large language model.

Chinese social media company RedNote has joined the AI race with its own open-source model, boasting of its performance in Chinese language understanding. Photo: Shutterstock
Chinese social media company RedNote has joined the AI race with its own open-source model, boasting of its performance in Chinese language understanding. Photo: Shutterstock
Sam Altman

Sam Altman’s eyeball-scanning identification tech expands to UK

The Orb scan creates a digital credential, called World ID, based on the unique properties of a person’s iris.

Electric & new energy vehicles

The competition for budget-conscious EV buyers in China heats up

Apart from hefty price discounts, carmakers are offering more bells and whistles in their latest models to stand out from the crowd.

Electric & new energy vehicles

How BYD and Chinese peers are transforming Europe’s small EV market

Volkswagen, Renault and other EU stalwarts prepare a slew of smaller, cheaper EVs to fight an influx of Chinese models.

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BYD electric cars waiting to be loaded on a ship are stacked at the international container terminal of Taicang Port in Suzhou, Jiangsu Province in September 2024. Photo: AFP
Artificial intelligence

The kids are alright: Hong Kong AI scientist offers a vision for ‘parenting’ AI

HKUST scientist De Kai says AI is more akin to climate change than a geopolitical challenge, requiring a new way of thinking.

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De Kai, a computer science professor at Hong Kong University of Science and Technology, is offering a new vision for living and growing with AI in his latest book. Photo: Felix Wong
De Kai, a computer science professor at Hong Kong University of Science and Technology, is offering a new vision for living and growing with AI in his latest book. Photo: Felix Wong
VR and AR

Chinese AR glasses maker Rokid is going global with Alibaba partnership

Rokid will launch its AR Spatial glasses on AliExpress through the platform’s ‘BigSave’ programme, shaving off about US$100 off the US$650 eyewear.

Robotics

Unitree eyes pre-IPO fundraising, valuing robot maker up to US$2 billion: report

Raising fresh capital casts a spotlight on how China’s leading humanoid robot makers are pushing forward mass production this year.

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Robotics

Beijing academy unveils ‘RoboBrain’ AI model for China’s humanoids

The launch comes amid efforts to leverage rapidly advancing AI technology to improve the capability of robots.

Visitors watch a robot performing during the world robot carnival in Wuhan this week. Photo: Xinhua
Semiconductors

Chinese chipmaker SMIC offloads stake in Ningbo unit to focus on core operations

SMIC’s asset sale reflects efforts by Chinese semiconductor firms to strengthen their operations amid tightened US tech restrictions.

Semiconductor Manufacturing International Corp is mainland China’s top contract chipmaker. Photo: Shutterstock
Semiconductor Manufacturing International Corp is mainland China’s top contract chipmaker. Photo: Shutterstock
Digital currencies

Crypto confiscated in Beijing to be liquidated in Hong Kong

Beijing’s security bureau has unveiled a plan to sell cryptocurrencies seized in criminal investigations, boosting Hong Kong’s crypto hub ambitions.

DeepSeek

DeepSeek is hiring interns to label medical data for AI use in hospitals

The move comes as Chinese hospitals embrace open-source AI models from DeepSeek to generate diagnoses and prescriptions.

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Alibaba

Alibaba unveils new AI embedding models, a field it leads globally

The Chinese tech giant ranks top on Hugging Face’s benchmark for measuring the performance of text-embedding services.

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Alibaba has released a new series of embedding models under the Qwen brand. Photo: Shutterstock
Alibaba has released a new series of embedding models under the Qwen brand. Photo: Shutterstock
OnePlus

OnePlus looks to undercut Apple and Samsung with new US$700 tablet

Android tablets have failed to make much of a dent in the US to Apple’s tablet business.

Electric & new energy vehicles

After CATL’s spark, China’s EV players bank on Hong Kong IPOs for growth funds

China’s top smart mobility firms like Chery Auto, Seres Group and Hesai eye Hong Kong market to fund global expansion plans.

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Fintech

Fintech start-up Syfe bolsters Hong Kong expansion after new funding round

Singapore-based Syfe’s expansion plans reflect the city’s position as the largest hedge fund and cross-border wealth management hub in Asia.

Syfe founder and CEO Dhruv Arora. Photo: Handout
Hong Kong

Chinese app firm Newborn Town sets up in Hong Kong for AI, global push

Firm plans to make use of city’s capital markets, international connections and talent while also collaborating with local universities.

Newborn Town developed and operates the Mico, Yoho, TopTop and Sugo apps. Photo: Handout
Newborn Town developed and operates the Mico, Yoho, TopTop and Sugo apps. Photo: Handout
Digital currencies

Hong Kong stablecoins poised to serve as a cross-border payment tool

‘Stablecoins have the potential to shorten the time for cross-border payment from days to minutes,’ Jingdong Coinlink’s Teddy Liu says.

Artificial intelligence

Reddit sues Anthropic for allegedly ‘scraping’ user comments to train AI chatbot

Reddit has previously entered licensing agreements with Google, OpenAI and other companies that pay to be able to train their AI systems.

ByteDance

Douyin users in Hong Kong swell to 40% of city’s population: report

Douyin’s high adoption rate in Hong Kong reflects a broader trend among China’s Big Tech firms to expand services beyond the mainland market.

The number of monthly active users of Douyin in Hong Kong has already surpassed 3 million. Photo: Shutterstock
China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

Huawei to launch premium Pura 80 smartphone series next week

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A Huawei flagship store in the Wangfujing shopping district in Beijing. Photo: AP Photo

Big Tech

Huawei founder Ren says state-of-the-art chip performance can be achieved

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In this file photo, Huawei founder Ren Zhengfei is interviewed in Taiyuan, north China’s Shanxi province, on February 9, 2021. Photo: Xinhua

Business

Hong Kong medical device maker to expand China facility amid US, EU barriers

Vincent Medical Holdings CEO Raymond Choi Cheung-tai. Photo: Edmond So

Policy

China turns to robots for elderly care with national pilot programme

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A senior resident at a nursing home in Shenzhen interacts with a humanoid robot. Photo: Xinhua

Big Tech

Hong Kong backs start-ups at VivaTech show in push for European market

Hong Kong Financial Secretary Paul Chan visits the booth of a local tech company at VivaTech in Paris, on May 24, 2024. Photo: Handout
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