China’s integrated circuit (IC) output increased 8.7 per cent year on year to 37.6 billion units in November, as growth slows amid an intensifying US-China tech war and escalating chip restrictions. Growth of IC output – a broad measure of semiconductor production – has fallen to single digits for the first time this year, according … Read more
China’s semiconductor sector saw a steep one-third decline in funding inflows this year amid US restrictions on advanced chips and overcapacity concerns in legacy chips, according to data from a local industry research firm. In the first 11 months of 2024, the country’s chip industry recorded 677 investment deals, a decline of 35.9 per cent … Read more
Chinese President Xi Jinping sent a rallying cry for the country to overcome challenges in reforms and technology amid China’s revitalisation push. Xi made the comments when awarding national medals and honorary titles on Sunday as a part of a celebration to mark the 75th anniversary of the founding of the People’s Republic of China … Read more
It was just four months ago, on May 17, when Sun Beicheng made headlines around the world as he led a team that successfully transplanted a genetically modified pig liver into a patient with liver cancer. By July, Sun was making headlines again, but this time he was one of six researchers named and shamed … Read more
US chip maker Micron Technology, which Beijing targeted last year with a partial sales ban, has stayed tight-lipped about the company president’s visit to China, reflecting the uneasiness of semiconductor firms as they try to maintain business in the world’s second-largest economy amid geopolitical uncertainty. Sanjay Mehrotra was among a group of US executives who … Read more
ByteDance, the owner of popular short video app TikTok, is adjusting its policy on share options so that employees can use less cash to pay taxes and are able to resell their shares faster. The company recently informed its US-based employees that they can withhold up to 37 per cent of the vested restricted stock … Read more
A Huawei Technologies executive said that developing artificial intelligence (AI) technology does not solely depend on access to advanced semiconductors, downplaying the impact of US sanctions on the Chinese tech giant. Zhang Ping’an, chief executive of Huawei Cloud Computing Technologies, said that the company is seeking to reduce its reliance on semiconductors by shifting some … Read more
ChatGPT creator OpenAI is tightening measures to block attempts from “unsupported countries and territories”, including mainland China and Hong Kong, to access its generative artificial intelligence (AI) services via application programming interfaces (APIs), according to a notice sent to Chinese developers, deepening the AI divide between China and the US. While Microsoft-backed OpenAI has rolled … Read more
An article published by the Beijing Daily, the official newspaper of the Chinese Communist Party’s Beijing Municipal Committee, said the measure against TikTok is tantamount to a “robbery” that would “completely destroy American national credibility, which is already flawed”. United States President Joe Biden speaks after signing into law the foreign aid bill and a … Read more
“[We should] improve basic research and apply basic research to fight the battle well for key technologies and cultivate new drivers of intellectual productivity,” Xi said. He also asked for “pragmatic” advice from the country’s top scientists on making reforms to the system – including how to develop talent – and better use of incentives … Read more
