China’s persistent economic weakness and the escalation of the tech war between Washington and Beijing continue to drive the country’s currency, the RMB (Yuan), lower, according to Dr. Tenpao Lee, professor emeritus of economics at Niagara University. “Fundamentally, the value of a country’s currency reflects the strength of its overall economy in general,” Professor Lee … Read more
US chip equipment companies are largely absent from the 1,100-exhibitor list at this week’s Semicon China, one of the country’s largest semiconductor industry events, as the China-US tech war continues to swirl. Although major US chip tool companies Lam Research and Applied Materials have sponsored Semicon China for the second consecutive year, neither of them … Read more
ByteDance, the Chinese tech unicorn that is again facing a US ban of its flagship TikTok app unless it divests, has earned a “thumbs up” at home after rallying its young users against the legislation in an effort mirroring some of the more aggressive tactics from American platforms several years ago. That same year, the … Read more
Zhou Hongyi, the founder of Chinese internet security firm 360 Security Technology, which has joined China’s race to launch its own ChatGPT-style large language model, said the introduction of Sora was like a “barrel of cold water poured down China’s head”, Chinese media Yicai reported on Friday. “It cools down the heads of many people, … Read more
Trump said the measure was designed to stop spying and the illegal collection of American intellectual property – accusations China denied. Later in the year, the university was also included on a entities list that identified institutions that posed a threat to US national security. The Nanjing University of Aeronautics and Astronautics, was classified as … Read more
China’s leading chip companies, from Loongson Technology to Cambricon Technologies, expect to log huge losses for 2023 in spite of Beijing’s push for greater self-sufficiency in semiconductors, according to corporate filings. Loongson Technology, a fabless chip firm that is a firm advocate for domestic semiconductor development, is estimating a full-year loss of 310 million yuan … Read more
Newly-tailored chips for China from Nvidia are set for direct competition with a processor developed by domestic giant Huawei Technologies, with the two products having a similar price and performance, according to industry sources. Nvidia has started to take pre-orders for its H20, a powerful graphics processing unit (GPU) that the US chip design firm … Read more
Chinese President Xi Jinping called for efforts to boost “disruptive innovation”, integrate technology with industry, and increase supply chain resilience as he presided over this year’s first Politburo study session. At the meeting of the Communist Party’s top policymaking body on Wednesday, Xi said China must strengthen scientific and technological innovation – especially “original and … Read more
United States Commerce Secretary Gina Raimondo said her department is exploring how to force cloud companies to disclose when a foreigner taps their computing power to fuel artificial intelligence (AI) applications, signalling the next phase of the tech war between Washington and Beijing. “We’re beginning the process of requiring US cloud companies to tell us … Read more
A leading Chinese memory chip maker may have achieved another technological breakthrough amid tight US trade restrictions, according to third-party analysis of a company paper delivered to an international conference. ChangXin Memory Technologies (CXMT), China’s top dynamic random access memory (DRAM) developer, this week presented a paper to the 69th annual IEEE International Electron Devices … Read more
