A scramble for artificial intelligence (AI) talent is intensifying in China, as local tech giants dangle eye-watering salaries to hire top-notch professionals to compete in a heated AI race. Beijing-based smartphone giant Xiaomi will be hosting a special hiring session for AI experts in areas spanning AI models, computer vision, deep learning, autonomous driving and … Read more
The company’s shares rose 5.5 per cent in extended trading. They had surged 12 per cent right after it reported results after the company also flagged a new $15 billion stock buy-back. The San Diego, California-based company is the biggest supplier of smartphone chips and is benefiting from a recovery in smartphone markets as consumers … Read more
They joined about 400 other companies at the Intelligent Industry & Information Technology exhibition, as part of this year’s China International Import Expo (CIIE) event. The six-day trade show will conclude on Sunday. Taking part in the CIIE reflects how these foreign semiconductor technology vendors see the world’s second-largest economy as a vast market for … Read more
Artificial intelligence (AI) chip start-up Biren Technology, considered key to China’s efforts to reduce reliance on US chipmaker Nvidia, said it has significantly increased the performance of its hardware when training large language models (LLMs) by working with a Tencent Holdings-backed supplier of computing power, or compute. Biren, which Washington placed on a trade blacklist … Read more
Xiaomi, the Chinese smartphone brand that has ventured into electric-vehicle (EV) making, has introduced a US$114,000 luxury sports car that consumers found to resemble a Ferrari, and which company founder Lei Jun praised as “amazing”. The SU7 Ultra, launched on Tuesday and selling for 814,900 yuan, is Xiaomi’s second car release after it jumped into … Read more
Apple’s sales in China fell by less than 1 per cent in last quarter, a mark of continuing decline for the US tech giant in one of its most important markets, as it tries to woo mainland officials while warding off growing competition. The iPhone maker’s sales in the Greater China market – which includes … Read more
Chinese smartphone makers from Honor to Xiaomi are flexing their muscles in on-device artificial-intelligence (AI) software, trying to get a head start in their home market before Apple launches its own competing system there. Honor, a spin-off from Huawei Technologies, on Wednesday debuted its self-developed AI agent Yoyo on its new flagship Magic 7 series … Read more
On today’s exciting episode of Quick Charge, Lucid proves than an EV company can keep its promises while Xiaomi teams up with Chevrolet and Honda to prove – at least conceptually – that records are made to be broken. We’ve also got a trio of heavy-hitting Tesla insiders selling nearly $300 million worth of TSLA stock and … Read more
Chinese smartphone maker Oppo is ramping up its overseas push with a sharpened focus on Europe and South America, backed by its expanding manufacturing capacity overseas, a company executive said. Oppo, the world’s fourth largest smartphone vendor in the third quarter, is “steadfast” about investing in Europe and aiming to gain more ground in the … Read more
Strong iPhone 16 sales in China have returned Apple to the No 2 spot in the local smartphone market in the third quarter, after it had fallen out of the top five in the previous three months, according to the latest data from research firm IDC. iPhone shipments captured 15.6 per cent of the market … Read more
