The US Court of Appeals for the Seventh Circuit on Tuesday suspended the global sales injunction, worldwide notice requirement and further accumulation of US$1-million-per-day fines against Hytera that was ordered by the US District Court for the Northern District of Illinois earlier this month, according to a notice on the Shenzhen-based company’s website. “The company … Read more
Taiwan Semiconductor Manufacturing Co’s quarterly revenue grew at its fastest pace in more than a year, shoring up expectations that a global boom in artificial intelligence (AI) development is fuelling demand for high-end chips and servers. The main chip maker to Nvidia and Apple reported a better-than-expected 16 per cent rise in March-quarter sales to … Read more
“China is somewhat behind, obviously,” Tsai said, citing how ChatGPT creator OpenAI has leapfrogged the rest of the tech industry in AI innovation, in a podcast interview published on Wednesday with Nicolai Tangen, chief executive of Norges Bank Investment Management – the branch of Norway’s central bank that is responsible for managing the world’s largest … Read more
Ren on Thursday met Dai Houliang, chairman of both the state-owned China National Petroleum Corp (CNPC) and its listed arm PetroChina, in Shenzhen where they discussed “improving corporate governance, digital transformation and intelligent development, as well as scientific and technological innovation”, according to a report on Friday by China Petroleum Daily, the CNPC’s official newspaper. … Read more
“A large number of Luxeed S7 vehicles have already rolled off the production line and are now being transported for delivery to customers,” said Richard Yu Chengdong, chairman of Huawei’s intelligent automotive solution business unit, in a post on Chinese microblogging platform Weibo. Huawei had said problems delivering the premium brand electric vehicle (EV) should … Read more
Apple chief executive Tim Cook on Wednesday met Chinese video game developers, a filmmaker and the billionaire founder of BYD in Shanghai, ahead of the company’s new store opening in the city, as the US tech giant goes on a charm offensive amid weak iPhone sales in the world’s largest smartphone market. This marks the … Read more
With that infusion, Shenzhen Habo Technology Investment Partners – established in 2021 by Huawei and Habo Investment – last Thursday raised its registered capital to 7.98 billion yuan (US$1.1 billion) from 7 billion yuan previously, according to data from Chinese business registry platform Tianyancha. Huawei did not immediately respond to a request for comment on … Read more
Apple is enlarging its applied research operations in mainland China, as the US technology giant’s iPhone sales slow in the world’s largest smartphone market amid increased competition from Huawei Technologies and other major domestic handset vendors. Cupertino, California-based Apple plans to expand its research centre in Shanghai to support all of its product lines and … Read more
The Shenzhen municipal government intends to boost the number of its native apps built on HarmonyOS and push for their adoption across several major sectors, according to a 2024 action plan published on Sunday by the city’s Industry and Information Technology Bureau. Under that initiative, HarmonyOS-based apps would be adopted in sectors that include government … Read more
The Ascend 910B is believed to succeed the Ascend 910, which was released by Huawei in August 2019, three months after it was put on a trade blacklist by the US Commerce Department. The chip can compete with Nvidia’s A100 in terms of powering AI algorithms, according to Dylan Patel, chief analyst at San Francisco-based … Read more
