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China’s increased capital spending on artificial intelligence reflects the heightened enthusiasm for the technology on the mainland. Photo: Shutterstock

Artificial intelligence

China’s AI capital spending set to reach up to US$98 billion in 2025: BofA

Government investment is expected to account for US$56 billion, while China’s major internet firms are projected to contribute US$24 billion.

25 Jun 2025 - 7:00PMvideocam

JD.com hires full-time food delivery riders to challenge Meituan, Alibaba

25 Jun 2025 - 5:24PM

Apple joins China’s subsidy scheme to lift sales amid heated local competition

24 Jun 2025 - 8:00PM

Huawei, SMIC struggle to advance chips to 5-nm level, MateBook shows: report

Huawei’s newly released MateBook Fold laptop runs on another 7-nm Kirin chip made by SMIC, as the Mate 60 Pro smartphone did two years ago.

24 Jun 2025 - 6:00PM

The logo of Huawei seen at the Viva Technology conference at Porte de Versailles exhibition centre in Paris on June 12. Photo: Reuters

Alibaba Cloud to bring AI capabilities to global data centres this year

The company operates more than two dozen data centres worldwide, including two in the US and one in London.

24 Jun 2025 - 5:00PMvideocam

China technology

Anker, Romoss recall over 1.2 million power banks amid fire risks

Anker has stopped selling the affected portable chargers, and is urging customers to return them for a refund or replacement.

23 Jun 2025 - 9:00PM

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ByteDance founder plays critical role in firm’s AI push despite low profile

Zhang’s involvement in AI research at ByteDance was similar to the role Sergey Brin played at Google, according to local media.

23 Jun 2025 - 7:00PM

ByteDance founder Zhang Yiming poses for a photo in Palo Alto, California, on March 4, 2020. Photo: Reuters

Alibaba folds delivery app and travel agency into e-commerce group

CEO Eddie Wu said the restructuring ‘marks a strategic upgrade from an e-commerce platform to a comprehensive consumer platform’.

23 Jun 2025 - 5:56PM

US-China tech war

How Huawei’s silicon strategy defies US sanctions, advances China’s AI ambitions

Huawei is expected to ship about 700,000 Ascend AI processors in 2025, according to Mizuho estimates.

23 Jun 2025 - 11:57AM

Huawei opens HarmonyOS 6 to developers, prepares AI features for public launch

The tech giant did not give a public launch date for the latest version of the operating system, but said it will be more intelligent and open.

21 Jun 2025 - 7:17AM

People visit the Huawei booth during Mobile World Congress at the Shanghai New International Expo Centre on June 18. Photo: AFP

TikTok ‘continues to work with’ Vance on deal as its US fate remains uncertain

TikTok said it was ‘grateful’ for Trump’s deadline extension to September 17, which would allow it to keep serving its 170 million US users.

20 Jun 2025 - 9:30PM

The TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. Photo: Reuters

Unitree Robotics now a unicorn with ByteDance, Alibaba, Tencent funding

The Chinese humanoid and robot dog maker is valued at US$1.3 billion in its latest financing round.

20 Jun 2025 - 9:39PMvideocam

Artificial intelligence

A sun-baked ‘Shenzhen’? SoftBank pitches TSMC on US$1 trillion AI hub in Arizona

Son envisions a version of China’s manufacturing hub of Shenzhen that would bring high-tech manufacturing to the US, sources told Bloomberg.

20 Jun 2025 - 4:29PM

Mobile payments

Ant Group pushes wider adoption of AI-enabled smart glasses for mobile payments

The first such payment outside mainland China was recently completed in Hong Kong, using the AlipayHK app and Meizu’s StarV smart glasses.

20 Jun 2025 - 7:08AM

With mobile payments functionality, AI-powered smart glasses are expected to see increased adoption worldwide. Photo: Handout

China subsidies give Alibaba, JD.com sales lift during 618 shopping festival

The Chinese e-commerce giants again withheld total gross merchandise value figures, continuing a trend in recent years amid a maturing market.

19 Jun 2025 - 9:00PM

More than 453 brands each surpassed 100 million yuan in gross merchandise value on Taobao and Tmall during this year’s 618 shopping festival. Photo: Shutterstock

How Huawei’s AI chips outperform Nvidia’s in running DeepSeek’s R1 model

Performance of Huawei’s AI data centre architecture, CloudMatrix 384, illustrates the firm’s progress in overcoming US tech control measures.

19 Jun 2025 - 7:00PM

Meituan keeps tight grip on 70% of food delivery market in China, report says

Citing internal data, Leiphone.com reported that Meituan’s daily food delivery orders reached 90 million this month.

19 Jun 2025 - 7:00PM

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Artificial intelligence

Alibaba, Tencent-backed AI unicorn MiniMax eyes Hong Kong listing, report says

MiniMax, a unicorn valued at US$2.5 billion, was in the ‘early stage’ of preparations for the listing, according to news outlet The Paper.

19 Jun 2025 - 6:00PM

The MiniMax logo is seen in this arranged photograph taken March 12, 2024. Photo: Shutterstock Images

Alibaba Cloud expands in South Korea with second data centre

The company’s AI service clients in South Korea include Naver-backed messaging app Snow and AI solutions provider Univa.

19 Jun 2025 - 5:00PMvideocam

Artificial intelligence

Microsoft plans thousands of job cuts in July, targeting sales teams

The terminations would follow a previous round of lay-offs in May that hit 6,000 people, mostly product and engineering positions.

19 Jun 2025 - 12:35PM

Mergers & Acquisitions

Billionaire Dai to reap US$237 million windfall from Qualcomm deal

Dai Weili holds 96.3 million shares of London-listed semiconductor firm Alphawave IP Group, making her its second-largest shareholder.

19 Jun 2025 - 12:13PM

Portrait of Weili Dai for Post Magazine on 9 September 2009. Photo: SCMP

Huawei defends role as AI, 5G infrastructure supplier at Shanghai MWC

Huawei deputy chairman says the telecoms industry is facing stagnant growth, while touting AI-driven solutions.

19 Jun 2025 - 9:00AM

A Huawei logo is seen at the Mobile World Congress in Shanghai. Photo: AFP

JD.com takes its Meituan rivalry to Saudi Arabia with express delivery service

JoyExpress is a business-to-consumer express delivery service that covers most of the 13 provinces in the Middle Eastern country.

19 Jun 2025 - 8:00AM

Where is Trump’s ‘all-American’ phone made? Analysts point to Asia

China, the world’s largest smartphone market since 2011, is also the hub of global manufacturing, accounting for anything from 60 to 80 per cent of production.

19 Jun 2025 - 11:21AM

TikTok’s fate still in limbo as Trump extends deadline to sell its US operations

Analyst assessments reflect the uncertainty on whether Trump can – or will – keep extending the TikTok ban.

18 Jun 2025 - 9:00PM

TikTok has been expanding overseas amid turmoil in the US, its largest market, where it has about 170 million users. Photo: Reuters

China Future Tech

HIGHLIGHTS FROM

China Future Tech

Tech Trends

DeepSeek rival MiniMax says its first AI reasoning model halves compute of R1

17 Jun 2025 - 9:30PM

MiniMax-M1 consumes half the resources and has a context window 10 times the size of DeepSeek-R1, according to the start-up. Photo: Shutterstock

Tech War

China’s AI capital spending set to reach up to US$98 billion in 2025: BofA

25 Jun 2025 - 7:00PMvideocam

China’s increased capital spending on artificial intelligence reflects the heightened enthusiasm for the technology on the mainland. Photo: Shutterstock

China Economy

China’s plug-in hybrid exports spike in wake of EU tariff exemption

25 Jun 2025 - 6:00PM

China’s exports of electric vehicles to Europe have surged in recent years, leading the European Union to impose tariffs on Chinese-made EVs in November. Photo: Reuters

China EVs

Xiaomi speeds up YU7 launch, Tesla’s Robotaxi vs Baidu’s Apollo Go: 7 EV reads

25 Jun 2025 - 3:00PM

Xiaomi founder and CEO Lei Jun introduces the Chinese smartphone maker’s new electric SUV YU7 at a launch event in Beijing, China May 22, 2025. REUTERS/Florence Lo

China Economy

How China’s manufacturing hub spins a new yarn to become a tech powerhouse

25 Jun 2025 - 9:25AMvideocam

Illustration: Davies C. Surya

MORE IN China Future Tech

My Take | China’s ‘instant commerce’ is no fast fix for low consumer spending

Zhou Xin

6 May 2025 - 7:00AM

Opinion | In AI race against US, China is racking up real-world wins

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23 Apr 2025 - 4:30PM

Opinion | China’s true talent in AI lies in making it safe to use

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25 Mar 2025 - 8:32PM

My Take | DeepSeek has changed China’s AI model landscape – what’s next?

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25 Mar 2025 - 10:06AM

Christopher Tang

Opinion | Forget Doge, it’s Musk’s Tesla that looks in need of a rescue

Christopher Tang

19 Mar 2025 - 2:15PM

Opinion | AI is no longer a mere investment, but a matter of sovereignty

Jeffrey Wu

12 Mar 2025 - 4:30PM

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