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Thursday 13 March 2025
Biren secures pre-IPO funding as valuation tops US$2.1B, backed by Shanghai AI Industry Fund
On March 11, Shanghai Guotou Pioneer Fund announced via its official WeChat account that its AI industry fund led a fresh investment round in Biren Technology (Biren), one of China's top GPU startups. Several leading institutional investors and industrial capital firms participated. This marks the fund's first-ever direct investment, signaling Shanghai's push toward a domestically controlled AI computing ecosystem
Thursday 13 March 2025
China moves for higher copper exports amid market upheaval
China has issued more licenses allowing copper smelters to export metal tax-free, aiding local producers and paving the way for greater overseas sales at a time of upheaval in the global market
Thursday 13 March 2025
Samsung's China revenue surges 54% on Trump tariffs-driven chip stockpile rush
Samsung Electronics' revenue from China soared 53.8% in 2024 to KRW64.9 trillion (US$448 billion), driven by concerns over potential tariffs under President Donald Trump's administration. Chinese manufacturers are ramping up semiconductor stockpiles in anticipation of trade restrictions, South Korea's iNews24 reported, citing Samsung's annual business report
Thursday 13 March 2025
Alibaba's Qwen AI takes on DeepSeek, taps Nvidia RTX 4090 for low-cost AI scaling
Just six weeks after DeepSeek-R1 launched with open-source model weights and app updates, Alibaba's Qwen (Tongyi Qianwen) AI model is accelerating its efforts to compete. Selected as Apple's AI partner in China, Qwen is now positioning itself as a major challenger to DeepSeek-R1
Thursday 13 March 2025
Trump card: Did US pressure sink Samsung's Baidu 2nm chip deal?
Samsung Electronics' potential collaboration with Baidu on advanced artificial intelligence (AI) chips may have been disrupted due to increased US pressure on China, according to industry sources. The setback could create difficulties for Samsung's business initiatives in China
Thursday 13 March 2025
China reportedly to boost RISC-V adoption despite challenges replacing x86 and Arm
Recent reports indicate that China plans to issue guidance encouraging nationwide use of RISC-V chips for the first time. The plan will reportedly be drafted by eight relevant departments under Beijing's authority, with policy guidance expected to be released in March at the earliest
Wednesday 12 March 2025
Naura to acquire stake in Kingsemi for CNY1.69 billion
Chinese Semiconductor equipment manufacturer Naura Technology recently announced plans to acquire a stake in its local counterpart, Kingsemi, for a total of nearly CNY1.69 billion (approx. US$233.2 million)
Wednesday 12 March 2025
USI Feb 2025 revenue: with mixed bag of growth and seasonal slump, what's behind the numbers?
Universal Scientific Industrial (USI), a global leader in electronics manufacturing services (EMS) and original design manufacturing (ODM), has published its February 2025 revenue report. With a strong presence in consumer electronics, automotive technology, industrial applications, and telecommunications, USI leverages technological innovation and advanced manufacturing to strengthen its position in the competitive global electronics market
Wednesday 12 March 2025
China's AI server appetite fuels supply chain shifts and strategic growth for WPG
WPG Holdings, a leading IC distributor, has seen a marked surge in demand for AI servers in the Chinese market in recent months. This upswing has invigorated procurement activities across the supply chain, delivering a tangible boost to the company's operations. Defying traditional seasonal slowdowns, the first quarter of 2025 is poised to exhibit unusual vigor, with full-year performance projected to outpace broader market growth
Wednesday 12 March 2025
WPG reports record sales for 2024, driven by AI demand
IC and component distributor WPG has reported record sales for 2024, propelled by the rapid development of generative AI that fueled demand for related traditional and AI servers, power supplies, desktop PCs, notebooks, Android phones, and other electronic components
Wednesday 12 March 2025
Huawei cracks down on recruitment fraud: 72 full-time employees penalized in outsourcing scandal
On March 10, Huawei released a 6,500-word internal report on its employee platform, "Xinsheng Community," detailing a large-scale recruitment fraud scandal involving 72 full-time employees and 19 outsourced workers. Some participants allegedly profited by selling internal company data. The report quickly gained traction within Huawei and on social media, becoming the platform's top trending topic
Wednesday 12 March 2025
Acter expands US and Southeast Asia bases, with order visibility extending to 2028
Acter, a Taiwanese cleanroom integration engineering company, has ventured into the US market along with its subsidiaries and strategic partners. These include Nova Technology, which specializes in integrating water, gas, and chemical systems for factory services, and Rayzher, which provides plant design and planning services. This overseas expansion comes in the wake of an intensifying tariff war that is sending manufacturers to diversify their production bases
Wednesday 12 March 2025
SK Hynix exits CIS business as Samsung weighs options
SK Hynix is shutting down its CMOS image sensor (CIS) business, fueling industry speculation over whether Samsung Electronics will follow suit. Samsung's system LSI division, which oversees its CIS operations, is undergoing an operational diagnosis, raising concerns about potential investment shifts
Wednesday 12 March 2025
MWC 2025: Huawei's growth unconstrained by US restrictions
The Mobile World Congress (MWC) 2025 has just concluded, revealing Huawei's advancements in telecommunications, artificial intelligence (AI), and mobile devices. The company aims to leverage refined technologies in telecommunications, cloud computing, and AI to drive new growth momentum across its telecom services and diverse smart application scenarios
Wednesday 12 March 2025
AI fever sweeps China's political huddle, fueling tech optimism
For some years now, China's annual gathering of its national legislature has been an increasingly disciplined and choreographed affair — its muted vibes practically an echo of deepening concern about domestic stagnation
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Intel signals overhaul of IDM 2.0 and foundry strategy with Lip-Bu Tan's appointment, says DIGITIMES