An undated file photo shows signage for Huawei Technologies and venture capital arm Habo Investment. Photo: SCMP

Huawei injects fresh capital into investment subsidiary as growth resumes

The capital infusion could be a harbinger for Huawei’s increased pace of new investments this year, as the Chinese tech giant’s sales rose in 2023.

18 Mar 2024 - 9:30PM

ByteDance investors could win in TikTok sale, says US lawmaker

‘It would be in the financial interest of ByteDance’s investors to effectuate a forced sale,’ said congressman Mike Gallagher.

‘It would be in the financial interest of ByteDance’s investors to effectuate a forced sale,’ said congressman Mike Gallagher.

18 Mar 2024 - 3:52AM

China projects its chip frustration onto ASML’s relocation plan

As the chip equipment giant threatens to expand outside the Netherlands, Chinese social media users are quick to point their finger at US-led export curbs.

As the chip equipment giant threatens to expand outside the Netherlands, Chinese social media users are quick to point their finger at US-led export curbs.

17 Mar 2024 - 9:00AM

Can ByteDance have its TikTok cake and eat it too?

Caught between demands from Washington and Beijing, ByteDance has chosen the route of resistance in the US.

Caught between demands from Washington and Beijing, ByteDance has chosen the route of resistance in the US.

16 Mar 2024 - 10:49AM

China said to fall short of matching US advances in AI amid major challenges

A presentation made to Chinese Premier Li Qiang pointed out major hurdles faced by the nation’s artificial-intelligence development initiatives.

A presentation made to Chinese Premier Li Qiang pointed out major hurdles faced by the nation’s artificial-intelligence development initiatives.

15 Mar 2024 - 7:00PM

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People walk in front of a giant Pico headset advertisement inside a subway station in Beijing on October 20, 2022. Photo: Shutterstock

ByteDance invests in chip firm InnoStar as VR unit Pico faces Apple’s Vision Pro

ByteDance’s latest semiconductor-related investment shows the lengths being taken by the company to overcome the impact of tighter US tech sanctions on mainland China.

14 Mar 2024 - 7:00PM

Retired SMIC veteran joins China’s top memory chip maker CXMT: report

Zhou Meisheng, formerly the executive vice-president of R&D at SMIC, is heading to CXMT according to report, in a move that could boost memory chip maker’s research efforts.

Zhou Meisheng, formerly the executive vice-president of R&D at SMIC, is heading to CXMT according to report, in a move that could boost memory chip maker’s research efforts.

14 Mar 2024 - 8:00AM

Chinese-origin researchers stand out in Apple’s 2024 AI scholarship programme

The rising number of top-tier Chinese AI talent working in American institutions reflects the mainland’s continuing struggle with brain drain, compared with a brain gain for the US.

The rising number of top-tier Chinese AI talent working in American institutions reflects the mainland’s continuing struggle with brain drain, compared with a brain gain for the US.

13 Mar 2024 - 8:41PM

Ericsson denies exiting China despite losing ground to Huawei

The company noted in its most recent financial report that uncertainties in the Sino-Swedish relationship is a major business risk.

The company noted in its most recent financial report that uncertainties in the Sino-Swedish relationship is a major business risk.

13 Mar 2024 - 6:00PM

Intel still sells to Huawei millions of dollars’ worth of advanced chips

The US chip giant still retains a Trump-era licence to sell advanced laptop CPUs to Huawei despite pressure on Biden to revoke the permission, sources say

The US chip giant still retains a Trump-era licence to sell advanced laptop CPUs to Huawei despite pressure on Biden to revoke the permission, sources say

13 Mar 2024 - 10:53AM

Pentagon scraps plan to spend US$2.5 billion on Intel chip grant

The shortfall is disrupting plans to distribute money from the Chips Act, a landmark piece of legislation meant to revitalise the US semiconductor industry.

The shortfall is disrupting plans to distribute money from the Chips Act, a landmark piece of legislation meant to revitalise the US semiconductor industry.

13 Mar 2024 - 6:53AM

TikTok gets thumbs up in China for ‘tough stance’ against US lawmakers

Many Chinese netizens on Weibo and former Global Times editor Hu Xijin praised TikTok for urging American users to flood legislators with calls against a new bill.

Many Chinese netizens on Weibo and former Global Times editor Hu Xijin praised TikTok for urging American users to flood legislators with calls against a new bill.

11 Mar 2024 - 8:30PM

China’s lawmakers walk fine line between AI development and tighter regulation

AI was a hot topic among the business and political elite at China’s annual legislative gathering, as the country seeks to leverage generative AI to drive economic growth while maintaining regulatory control.

AI was a hot topic among the business and political elite at China’s annual legislative gathering, as the country seeks to leverage generative AI to drive economic growth while maintaining regulatory control.

11 Mar 2024 - 9:16AM

Hong Kong start-ups see potential in Saudi Arabia, but no immediate gains

Start-ups and investors say attending Leap tech conference is about building relationships for a market seen as ‘like China in the late 90s’.

Start-ups and investors say attending Leap tech conference is about building relationships for a market seen as ‘like China in the late 90s’.

10 Mar 2024 - 10:45PM

State media blasts ‘anti-China show’ as US lawmakers seek to force sale of TikTok

Chinese state media has voiced support for TikTok, as its owner ByteDance faces pressure to sell the business in the US after a House committee approved two new bills targeting the hit short video app.

Chinese state media has voiced support for TikTok, as its owner ByteDance faces pressure to sell the business in the US after a House committee approved two new bills targeting the hit short video app.

8 Mar 2024 - 7:40PM

Huawei’s China-made chip used US gear from Applied Materials and Lam Research

Huawei and SMIC relied on US technology to produce the 7-nm chip for the Mate 60 Pro smartphone, sources told Bloomberg.

Huawei and SMIC relied on US technology to produce the 7-nm chip for the Mate 60 Pro smartphone, sources told Bloomberg.

8 Mar 2024 - 3:38PM

Time to ‘cut off’ US outbound investment in China biotech firms: House panel

Bipartisan support on show amid concern ‘every bit of value flowing’ to companies in the industry ‘will be used to strengthen the CCP and the PLA’.

Bipartisan support on show amid concern ‘every bit of value flowing’ to companies in the industry ‘will be used to strengthen the CCP and the PLA’.

8 Mar 2024 - 6:05AM

ByteDance values its shares higher in latest buy-back offer for staff

The firm has offered to purchase shares from staff at US$170.81 each, up nearly 7 per cent from late last year.

The firm has offered to purchase shares from staff at US$170.81 each, up nearly 7 per cent from late last year.

7 Mar 2024 - 6:30PM

Netherlands seeks to prevent ASML expansion abroad, report says

The Dutch government is exploring ways to keep ASML from expanding outside the Netherlands after the chip-machinery maker raised concerns about the country’s business climate.

The Dutch government is exploring ways to keep ASML from expanding outside the Netherlands after the chip-machinery maker raised concerns about the country’s business climate.

7 Mar 2024 - 3:07PM

US allies resist Biden’s urge to tighten chip curbs on China

Japan and the Netherlands have responded coolly to a US push to plug holes in its export controls, arguing that they want to first assess the impact of current curbs, sources say.

Japan and the Netherlands have responded coolly to a US push to plug holes in its export controls, arguing that they want to first assess the impact of current curbs, sources say.

7 Mar 2024 - 3:36PM