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A view of Zhuhai, Guangdong province in southern China. Photo: Edmond So

Policy

Southern China’s Zhuhai backs new firm in race to be AI, robotics hub

The city also announced over US$80 million in subsidies, as local governments in China race to nurture the next DeepSeek.

Tesla’s brand is losing its shine, lagging BYD and Xiaomi: UBS poll

Hong Kong’s crypto industry optimistic about stablecoin ‘legal clarity’

Tech Trends

TSMC to open chip design centre in Munich amid Europe’s AI push

TSMC is building the US$11 billion microchip manufacturing plant through a joint venture, European Semiconductor Manufacturing Company.

The site of a future chip factory of TSMC in Dresden, Germany. Photo: dpa
The site of a future chip factory of TSMC in Dresden, Germany. Photo: dpa

Business

Ant International: numerical AI is the GPT of financial services

Singapore-based company says model accurately predicts trading volumes and reduces unnecessary hedging and risk-premium costs.

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Big Tech

Delivery war: Alibaba vies for Meituan’s on-demand throne in China

Alibaba’s Taobao Instant Commerce service and Ele.me have surpassed 40 million daily orders within a month of launch, the company says.

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Big Tech

Xiaomi posts record earnings in first quarter amid push into EVs, chips

Revenue from Xiaomi’s smartphone and smart devices segment reached US$13.2 billion, up 22.8 per cent from the same period a year ago.

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Xiaomi CEO Lei Jun speaks during the launch of Xiaomi’s new mobile phone chip in Beijing on May 22, 2025. Photo: AFP
Xiaomi CEO Lei Jun speaks during the launch of Xiaomi’s new mobile phone chip in Beijing on May 22, 2025. Photo: AFP

Big Tech

Xiaomi refutes claims of using Arm-designed chip for XRing O1

Xiaomi’s first smartphone chip uses Arm’s Cortex cores, leading to speculation that it was using a customised solution from the British firm.

Big Tech

Tencent raises K-pop exposure by buying BTS agency Hybe’s SM Entertainment stake

The nearly 10 per cent stake, valued at about US$180 million, would mark Tencent’s first major deal in South Korea’s music industry in years.

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Tech Trends

ByteDance upgrades Doubao AI app with real-time interactive video call function

The chatbot can now serve as a real-time interactive docent during a museum tour and an analyst when studying charts, graphs or videos.

Doubao’s real-time interactive video call function marks the latest progress made by ByteDance in generative artificial intelligence technology. Photo: Shutterstock

China EVs

Beijing asks carmakers, trading platforms to clean up used-vehicle market

Ministry of Commerce gathers industry groups, major carmakers and trading platforms for second-hand cars.

Vehicles stuck in traffic in Beijing. Photo: EPA-EFE
Vehicles stuck in traffic in Beijing. Photo: EPA-EFE

Tech Trends

Temu-owner PDD Holdings misses quarterly revenue estimates

A prolonged property crisis in the world’s second-largest economy has cast a shadow over consumer spending.

Big Tech

Huawei pushes Ascend AI chip-based ‘Supernode’ architecture to developers

Huawei’s Supernode 384 computing architecture reflects the company’s efforts to overcome tightened US tech restrictions.

Europe

Shein risks fines over breaches of EU consumer law

Chinese-founded e-commerce platform is working with regulators to address their concerns, a company spokesperson said.

Shein will have one month to reply to the findings and suggest remedies. Photo: dpa

Tech Trends

Ready, set, fight: Unitree humanoid robots test skills in kickboxing competition

Unitree fielded four G1 humanoid robots in one-on-one kickboxing matches at an event held in Hangzhou, capital of eastern Zhejiang province.

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Unitree Robotics’ G1 humanoid robots square off at a kickboxing tournament in Hangzhou on Sunday. Photo: Handout
Unitree Robotics’ G1 humanoid robots square off at a kickboxing tournament in Hangzhou on Sunday. Photo: Handout

Tech War

Sugon, Hygon merger is latest sign of consolidation in China’s computing sector

Both companies’ Shanghai-listed shares would be suspended for up to 10 trading days starting Monday, according to stock filings.

Policy

China looks to rein in e-commerce platform commissions, support small businesses

New draft rules from China’s top market regulator would limit commission fees charged by e-commerce platforms, with a focus on supporting small businesses.

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Big Tech

Tech war takes a new turn as Huawei pushes 5G smartphones with mystery chip

Huawei’s return to the 5G smartphone market and the controversy over its advanced, made-in-China processor reflect the lengths taken by the company to build up its operations, following years of struggles on account of US trade sanctions.

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Illustration: Davies Christian Surya
Illustration: Davies Christian Surya

Big Tech

ChatGPT sparks investment frenzy and soul searching in China

While China had declared AI strategically important as early as 2018, ChatGPT has shattered illusions about the country’s technological prowess.

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Policy

China’s e-CNY blues: major test bed shows sluggish adoption

More than three years after China’s central bank started digital currency trials, adoption in one of the initial test beds, Suzhou, remains lethargic.

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Tech

Can Huawei’s 5G-powered Tianjin Port redefine its enterprise business?

Tianjin Port is the latest technological showpiece of Huawei Technologies, as the world’s largest provider of phone network equipment reinvents itself after nearly four years of crushing US sanctions.

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illustration by Lau Ka-kuen
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

AI hardware start-ups get fresh boost from Shenzhen’s US$1 billion funds

EngineAI showcased its first robotic dog at the Global AI Device Expo 2025 in Shenzhen. on May 22. Photo: Coco Feng

Policy

Southern China’s Zhuhai backs new firm in race to be AI, robotics hub

A view of Zhuhai, Guangdong province in southern China. Photo: Edmond So

China EVs

China’s driverless mining trucks, BYD outshines Tesla in Europe: 7 EV reads

A fleet of unmanned trucks developed with Huawei’s autonomous driving solution, seen in Inner Mongolia. Photo: Handout

China Economy

How China plans ‘new breakthroughs’ in IT manufacturing amid US tech curbs

China’s integrated circuit production surged by 22.2 per cent last year. Photo: Shutterstock

China Economy

More than a show: China’s robot fights offer ringside view of tech advancements

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Humanoid robots square off in a fight on Sunday in Hangzhou. Photo: Handout
MORE IN China Future Tech
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OPINION
Ada Chung Lai-ling

Opinion | Hong Kong firms must take initiative on safe AI practices

Ada Chung Lai-ling
Zhou Xin

My Take | China counts on 3 strategies to survive US tariff and tech war

Zhou Xin
4
Otto Barten

Opinion | Why the world needs the US and China to cut an AI safety deal next

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Massoud Amin

Opinion | Trump’s attack on science risks dismantling a century of innovation

Massoud Amin
Brian Y. S. Wong

Opinion | Beware the hubris of an AI narrative centred on the US and China

Brian Y. S. Wong
Zhou Xin

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

Zhou Xin
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MULTIMEDIA
Video

Driverless mining trucks begin operating in China

China rolls out world’s largest fleet of driverless mining trucks powered by Huawei tech
02:27
Video

Nvidia to build ‘AI supercomputer’ in Taiwan

Nvidia CEO Jensen Huang unveils plan to build ‘AI supercomputer’ in Taiwan
02:17
Video

World’s biggest fleet of driverless mining trucks get to work in China

China rolls out world’s largest fleet of driverless mining trucks powered by Huawei tech
01:22
Video

China’s Manycore bets on AI for a ‘spatial intelligence’ future

China’s answer to Autodesk, Manycore, bets on AI for a future of ‘spatial intelligence’
02:01
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TRENDING TOPICS
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