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Tech War
Exclusive
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US may unveil new rules on China’s access to AI chips before Biden leaves office
The changes aim to control global shipments of powerful GPUs essential for training AI models by closing existing regulatory loopholes.
1 hour ago
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Artificial intelligence
Chinese state-owned AI firm hires ex-IBM executive as technology chief
3 Jan 2025 - 6:00PM
Artificial intelligence
Alibaba ties up with Lee Kai-fu’s unicorn as AI sector consolidates
3 Jan 2025 - 5:08PM
China EVs
Electric & new energy vehicles
BYD beats Tesla as world’s largest maker of pure electric cars in fourth quarter
In the fourth quarter, BYD beat Tesla by more than 20 per cent in terms of deliveries.
3 Jan 2025 - 2:25PM
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The BYD logo at the Beijing Auto Show. Photo: AFP
Tech Trends
Artificial intelligence
Chinese AI firm SenseTime reduces office space in Singapore
The retreat underscores the competition faced by SenseTime in a new AI era, and the changing fortunes of Singapore’s prime office market.
3 Jan 2025 - 12:34PM
Tech Trends
E-commerce
UK lawmakers summon Shein and Temu for questioning over labour practices
Both online retailers have faced allegations of poor working practices at product factories in China and of forced labour in supply chains.
3 Jan 2025 - 10:06AM
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Big Tech
Artificial intelligence
Baidu’s Robin Li predicts ‘exponential’ boom in AI apps in 2025
Baidu’s investments in AI are expected to generate returns this year, the CEO writes in a message to staff.
3 Jan 2025 - 9:37AM
Baidu founder and CEO Robin Li Yanhong. Photo: EPA-EFE
Big Tech
Apple
Apple offers fresh price cuts on iPhones in China as Huawei competition heats up
A promotion running from January 4 to 7 will provide Chinese consumers a US$68 discount on Apple’s top-of-the-line iPhone 16 Pro models.
2 Jan 2025 - 7:00PM
Big Tech
Semiconductors
China’s No 2 chip foundry Hua Hong names former Intel veteran as new president
Bai has over 30 years of semiconductor fabrication experience and previously held executive positions at various chipmakers, including Intel.
2 Jan 2025 - 3:52PM
Blockchain
Blockchain
Bitcoin doubles in 2024, as analysts expect more gains in 2025
‘We remain convinced US$100,000 is not the final milestone,’ analysts at brokerage Bernstein say.
2 Jan 2025 - 10:04AM
Tech Trends
Artificial intelligence
Meet DeepSeek: the Chinese start-up that is changing how AI models are trained
Hangzhou-based DeepSeek is 2025’s ‘biggest dark horse’ in open-source large language models, Nvidia research scientist Jim Fan says.
1 Jan 2025 - 9:00PM
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Artificial intelligence start-up DeepSeek has built a powerful large language model at less cost than what bigger tech firms spend on such projects. Photo: Shutterstock
Big Tech
Alibaba
Alibaba sells retailer Sun Art for US$1.7 billion to refocus on e-commerce
Alibaba agreed to divest its entire stake in Sun Art Retail Group to Chinese private-equity firm DCP Capital.
1 Jan 2025 - 8:49PM
Tech Trends
Artificial intelligence
OpenAI CEO Sam Altman is profiled in new biography by Chinese journalist
Zhou, founder of tech media Pandaily, personally knew Altman a decade ago at Stanford and interviewed him in November 2023.
1 Jan 2025 - 6:00PM
Tech War
Semiconductors
China struggles to build car chip supply chain to break free of imports
The country’s self-sufficiency rate for automotive chips is currently less than 10 per cent, according to an official at MIIT.
1 Jan 2025 - 12:00PM
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Big Tech
DJI
Chinese drone maker DJI plans global headquarters in Shenzhen’s new city centre
DJI is seeking to acquire a 15,658-square-metre plot inside the Shenzhen Bay Super Headquarters Base.
1 Jan 2025 - 10:00AM
Drone maker DJI plans to become an anchor enterprise in Shenzhen’s 117-hectare Super Headquarters Base. Photo: Shutterstock
Tech Trends
Social media
China’s short video market may have peaked as user numbers fall for first time
The number of short video app users in China reached 1.05 billion at the end of June, about 300 million fewer than in December 2023.
1 Jan 2025 - 2:53PM
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Big Tech
Artificial intelligence
Alibaba Cloud cuts AI visual model price by 85% on last day of the year
The adjustment will position Qwen-vl-max as a direct competitor to a similar visual model ByteDance launched in the middle of December.
31 Dec 2024 - 8:00PM
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Tech Trends
Artificial intelligence
Alipay adds AI image search to enhance ‘super app’ role in rivalry with WeChat
Alipay’s move shows how mobile payment platforms are striving to grow their customer base and engender user loyalty in the AI era.
31 Dec 2024 - 5:00PM
The Alipay logo is seen a mobile phone in this illustration picture taken June 28, 2023. Photo: Reuters
Tech Trends
SpaceX
Musk’s Starlink to bring satellite-powered mobile service to Ukraine
Customers of Ukraine’s largest mobile operator will be able to use space-based connectivity when terrestrial network service is unavailable.
31 Dec 2024 - 10:09AM
Big Tech
Artificial intelligence
ByteDance leads China’s Big Tech sector in capex with US$11 billion for 2024
ByteDance, which generates strong cash flow from Douyin, the Chinese version of TikTok, is expected to double its capital spending in 2025.
30 Dec 2024 - 9:00PM
Big Tech
Huawei
Huawei slashes prices in fight for China’s smartphone market share
The company is offering a markdown of up to 20 per cent for its premium handsets in its official online store.
30 Dec 2024 - 5:00PM
OPINION
Zhou Xin
My Take
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China economy: Beijing must make strong preparations for a period of slow growth
31 Dec 2024 - 7:00AM
Kai-Lung Hui
Opinion
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Hong Kong should focus on finding compelling uses for generative AI
30 Dec 2024 - 5:30AM
Scott Cheng
,
David Ketchum
Opinion
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Weakest link in Hong Kong’s tech ecosystem? Scale-up funding
24 Dec 2024 - 4:30PM
Rachel Chng
Opinion
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How Southeast Asia can become the next AI powerhouse
22 Dec 2024 - 8:30PM
David Ketchum
,
Scott Cheng
Opinion
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AI can help power the ‘Study in Hong Kong’ brand
13 Nov 2024 - 11:18AM
Janghyuk Lim
Opinion
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China can be a force in global aviation if Comac rises to challenges
10 Nov 2024 - 9:30AM
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