China’s Xiaomi will invest at least $6.9 billion over the next decade to develop its own semiconductor chips, the company announced Monday.
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China’s Xiaomi takes a page from Apple with a $7 billion plan to make its own mobile chips
The CEO of Chinese smartphone maker Xiaomi has shared a 10-year plan to spend around $7 billion on designing its own chips.
China’s next-level AI could overtake US: new report
Scientists in China are racing to build next-level “artificial general intelligence” that is infused with Chinese Communist Party values.
China’s Xiaomi to invest nearly $7 bn in chips
Chinese tech giant Xiaomi will invest 50 billion yuan ($6.9 billion) in developing high-end smartphone chips, the firm’s founder said on Monday. In pursuit of Xiaomi’s semiconductor ambitions, the …
Tech stocks could rally on US-China tariff truce, impending tax cuts: Stanchart
SINGAPORE] A pause in US-China tariffs could provide a boost to technology stocks, which earn significant revenue from exports, Standard Chartered bank has said. Read more at The Business Times.
China launches an AI cloud into orbit -12 sats for now, 2,800 in coming years
PLUS: South Korea signs for massive supercomputer; HCL gets into chipmaking; US tariffs slow APAC tech buying; and more Asia In Brief Chinese company Guoxing Aerospace last launched a dozen satellites …
China debuts world’s first quantum cryptography system, claims it’s ‘unhackable’
The China Telecom Quantum Group announced last week the launch of the world’s first self-proclaimed distributed cryptography system that combines two core technologies. The comp …
Application of 5G-A highlights solid foundation of China’s digital economy
This is seen as another example of how various advanced technologies including artificial intelligence (AI) are empowering the traditional mining sector and driving the digital transformation of …
Nation plans further push to speed up innovation in telecom, internet sectors
China will further push innovation in next-generation telecommunication and digital infrastructure, such as 6G wireless technology, as part of its broader efforts to nurture new quality productive …
City supercharges digital future with 5G-Advanced and AI Leap
The Shanghai Communications Administration outlined targets, stating that by 2027, the city will have established 120,000 5G base stations and 30,000 cutting-edge 5G-Advanced (5G-A) base stations.
China launches 2,800 satellites into space to create world’s first ‘AI constellations’
The cluster of satellites will reduce the need to transmit data back down to Earth for processing, potentially opening up economic, scientific and military opportunities …
Cathie Wood buys $2.7M surging China tech stock after tariff talks
Cathie Wood, founder and chief of Ark Investment Management, is best known for backing cutting-edge tech like AI and robotics, with most of her investments focused on U.S. companies. But this week, …
UAE to build biggest AI campus outside US in Trump deal, bypassing past China worries
The United Arab Emirates and the United States have signed an agreement for the Gulf country to build the largest artificial intelligence campus outside the United States, a type of deal that …