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The results underscore the impact of JD.com’s expansion into food delivery, logistics and international operations over the past year. Photo: Xinhua

Tech Trends

JD.com’s second-quarter profit rises 15% as food-delivery losses narrow

Net revenue dips, but still beats analysts’ estimate, as e-commerce giant contends with weak demand and fierce competition.

Chinese chip foundries surge as AI boom drives triple-digit profit growth

DeepSeek’s flagship AI model update underwhelms – except in cybersecurity

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Tech Trends

China’s YMTC breaks into top 3 flash-memory suppliers with 14% market share

The chipmaker captured a larger proportion of bit shipments, but still ranks fifth by revenue due to heavier exposure to lower-value products.

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The Wuhan-based chipmaker captured 14 per cent of global NAND bit shipments in the second quarter. Photo: Shutterstock
The Wuhan-based chipmaker captured 14 per cent of global NAND bit shipments in the second quarter. Photo: Shutterstock

China Business

The next tech race? China launches push to leapfrog US in ‘brain chip’ devices

China is throwing the power of the state behind efforts to overtake Elon Musk in a vital frontier technology: brain-computer interfaces.

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Tech

YMTC-backed fund invests in China’s push for an alternative chipmaking route

Guangzhou-based SOI Micro is developing a low-power logic process aimed at easing reliance on overseas technology while strengthening domestic chip capabilities.

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Tech Trends

Robot in a pocket: Honor’s new phone camera nods back at users

The Chinese smartphone maker has integrated embodied AI to control camera movement, along with other features to boost interest amid a cooling market.

Chinese smartphone maker Honor has launched the Robot Phone, a handset with a motorised, fold-out gimbal camera. Photo: Handout
Chinese smartphone maker Honor has launched the Robot Phone, a handset with a motorised, fold-out gimbal camera. Photo: Handout

Big Tech

Tencent capex jumps 176% on AI push as revenue beats estimates

The firm’s second-quarter revenue surpassed market projections at US$30.4 billion, but the surge in AI spending led to a large negative free cash flow.

Tech War

Zuckerberg cites China threat to US lead in AI manifesto

The Meta’s chief’s 6,500-word essay on artificial intelligence backs open systems and highlights China’s infrastructure edge as a threat to US leadership.

Tech

Chinese AI start-up ModelBest kicks off pre-IPO tutoring process on mainland

Company says it has hired Citic Securities to guide pre-listing preparation but has not announced further details of plans.

ModelBest’s logo . Photo: mrjjxw.com

Big Tech

Why does SK Hynix want to sell its chip facility in southwest China?

The South Korean chipmaker wants to pivot towards the high-margin AI memory sector, but analysts warn any sale would face valuation hurdles.

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The SK Hynix logo is displayed at a trade expo in South Korea. The company is reportedly looking to sell one of its Chinese facilities. Photo: AP
The SK Hynix logo is displayed at a trade expo in South Korea. The company is reportedly looking to sell one of its Chinese facilities. Photo: AP

Big Tech

Alibaba tests paid AI appetite with US$30 annual assistant subscription

The e-commerce giant launches paid tiers for its office assistant in the Qwen app as costs for artificial intelligence mount.

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Big Tech

Alibaba says it can build AI data centres in 100 days with modular design

With CUBE 5.0, Alibaba Cloud expects to more than double modular data centre delivery efficiency this year amid AI boom, report says.

Tech Trends

Unitree IPO deluge masks humanoid robots’ limitations

Retail investors subscribed for more than 5,500 times the shares on offer in Unitree Robotics’ offering amid hype about advances for humanoid robots and a run of Shanghai IPO windfalls.

Photo: SCMP

Big Tech

Meta strikes at China’s open AI lead, betting on potential US curbs

Meta’s renewed push into open-source models aims to attract US businesses wary of the regulatory risks associated with adopting Chinese AI.

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Meta CEO Mark Zuckerberg attends the annual Allen and Company Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho on July 9, 2026. Photo: Reuters
Meta CEO Mark Zuckerberg attends the annual Allen and Company Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho on July 9, 2026. Photo: Reuters

Tech Trends

Unitree IPO frenzy leaves retail investors with 1-in-5,500 odds

Robotics company’s US$900 million Star Market listing offers slimmer odds than recent offerings by CXMT, Moore Threads and MetaX.

United States & Canada

Nvidia to team with Wall Street on US$500 billion package for AI projects

Apollo Global Management, Blackstone and Goldman Sachs are among the firms in talks with Nvidia on the deal, the Financial Times reported.

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Tech Trends

After Apple leak, has India lost ground in its supply chain race with China?

In the wake of a cyberattack on a local Apple partner, insiders say India has a long way to go before challenging China as a manufacturer.

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Illustration: Henry Wong
Illustration: Henry Wong

Policy

How Beijing became China’s biggest tech venture capitalist, from AI to chips

China’s tech sector thrives on state-backed investment, reshaping funding dynamics and sparking a debate about balancing risk and innovation.

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Tech Trends

Insert token: how China’s surging AI use is turning compute into currency

As the cost of running AI models continues to drop, the token economy is reshaping ecosystems far beyond corporate cubicles.

Tech

The AI industrial revolution: why US faces a historic tech reckoning from China

From EVs to robotics, China’s advancement in cutting-edge tech has seen it shake off the West’s long-standing belief in US exceptionalism.

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Illustration: Lau Ka-kuen
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

What is delaying Chinese AI giants switching from Nvidia to local chips?

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Huawei Technologies’ Compute Architecture for Neural Networks requires developers to rewrite and optimise large amounts of code. Photo: Shutterstock

Tech Trends

Chinese chip foundries surge as AI boom drives triple-digit profit growth

China's top two chipmakers saw their revenues and profits surge in the second quarter amid high demand for AI chips. Photo: Shutterstock

China EVs

Chinese carmakers could capture 15% to 30% of European market by 2035: analysts

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Cars destined for export await loading onto BYD’s Shenzhen car carrier at the port in Suzhou, Jiangsu province, in April. Photo: AFP

Tech Trends

China’s YMTC breaks into top 3 flash-memory suppliers with 14% market share

4
The Wuhan-based chipmaker captured 14 per cent of global NAND bit shipments in the second quarter. Photo: Shutterstock

China Business

The next tech race? China launches push to leapfrog US in ‘brain chip’ devices

13
China is pushing to commercialise brain-computer interface technology. Photo: Shutterstock
MORE IN China Future Tech
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OPINION
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Opinion | US does its robotics industry no favours by fencing it off from China

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Outside In | Why Asia need not match West’s fear over data centre buildout

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MULTIMEDIA
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Beijing bar lets patrons tap AI tools

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Video

US bans Chinese robots in latest tech crackdown

Reuters
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Scientist investigated after death linked to gene-editing therapy

Scientist investigated after death linked to gene-editing therapy
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Trump cuts university budgets to fund AI race

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