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Hygon Information Technology

Hygon Information Technology
Hygon Information Technology is a Chinese semiconductor company, originally established in October 2014 under the name Tianjin Haiguang Advanced Technology Investment. In August 2022, Hygon held went public on the Shanghai Stock Exchange STAR Market.
Moore Threads, a GPU start-up founded in 2020, is now one of China’s most closely watched semiconductor players. Photo: Moore Threads
Semiconductors

Chinese Nvidia alternatives project massive sales as AI chip demand surges

Moore Threads and Hygon are capitalising on surging demand for AI computing power as they race to fill the void left by Washington’s export controls.

Banking & finance

‘Big Short’ 2.0? US hedge fund manager warns of a global AI bubble

Artificial intelligence

China expands tech replacement drive to include AI chips amid US curbs

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2026 Xi-Trump summits

China’s AI ascent leaves Trump a stark choice: escalate or relax chip controls?

Beijing and Washington are locked in an era-defining contest – and China’s rapid technological progress raises questions about limits of containment.

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Illustration: Henry Wong
Semiconductors

China’s chipmakers rush to embrace DeepSeek’s V4. Which names stand out?

A growing list of Chinese firms – from Huawei to Cambricon – moves fast to integrate DeepSeek’s latest AI model across diverse architectures.

Artificial intelligence

Supersized and scaling: China pushes 10,000-card computing clusters in AI race

Cities and tech giants are racing to build massive AI clusters, betting scale will drive faster model training, lower costs and wider adoption.

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China stock market

Who could gain from DeepSeek’s V4 with China chips poised for stronger demand?

Breakthrough launch could lift stocks from chipmakers to model developers as demand for computing power builds and adoption widens: analysts.

The launch of DeepSeek’s V4 may lower the costs of AI integration into daily lives and broaden commercial usage, according to analysts. Photo: AFP
Hong Kong economy

Which global firms are being attracted by Hong Kong’s strategic enterprise scheme?

The South China Morning Post examines 22 firms opening or expanding in the city, with HK$73 billion in investment and 25,000 jobs expected.

Semiconductors

Chinese chip firms Cambricon, Moore Threads post sales jump on domestic demand

Cambricon reports first full-year profit since listing in 2020, while Moore Threads’ revenue jumps 243 per cent.

China technology

China computing tech stalwarts Hygon, Sugon post revenue surge amid AI boom

Their strong 2025 revenue reflects a broader trend across China to increase support for domestic technology suppliers.

A Hygon accelerator used in artificial intelligence model training and inference. Photo: Hygon
Artificial intelligence

Zhipu AI’s shares tumble nearly 23% on computing woes, user complaints

The Hong Kong-listed firm is the first Chinese AI developer to issue a public call urging support for its GLM model.

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Zhipu apologised on Saturday after users in China and overseas reported issues with the company’s flagship “GLM coding plan” product. Photo: Shutterstock
Artificial intelligence

China’s Zhipu AI launches new major model GLM-5 in challenge to its rivals

The GLM-5 represents a shift in AI development from ‘vibe coding’ to ‘agentic engineering’ to generate an enhanced performance.

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Semiconductors

Hygon’s chips ‘safe’ from AMD security flaw amid China’s tech self-reliance push

That result shows Hygon’s efforts in redesigning the chip architecture licensed from AMD with self-developed innovations.

Mergers & Acquisitions

Chinese supercomputer maker Sugon and chip developer Hygon call off merger plans

The aborted merger dashes industry expectations for a major domestic ecosystem covering advanced processors and high-performance servers.

Supercomputer maker Sugon remains the largest shareholder of chip designer Hygon. Photo: Handout
China technology

Kylin upgrades operating system with AI, support for Chinese semiconductors

Kylin’s V11 delivers expanded compatibility with a range of Chinese-designed and developed integrated circuits, the company says.

Kylin Software’s V11 provides expanded compatibility with a range of Chinese-designed and developed integrated circuits. Photo: Shutterstock
Semiconductors

Tech war: which Chinese firm is supplying next-generation AI chips to DeepSeek?

Widely speculated suppliers include Huawei, Cambricon, Moore Threads, Hygon and MetaX.

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Robotics

China claims breakthrough in robotics software that supports domestic chips

The Intewell operating system is designed to serve as foundational software for embodied intelligent robots.

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Semiconductors

Sugon, Hygon merger is latest sign of consolidation in China’s computing sector

Both companies’ Shanghai-listed shares would be suspended for up to 10 trading days starting Monday, according to stock filings.

A worker checks the booth for Chinese supercomputer company Sugon during the World AI Conference in Shanghai, July 5, 2023. Photo: AP
Semiconductors

Chinese chip firm’s collapse a setback for tech self-sufficiency push

Chongqing-based Xiangdixian has dissolved the company and terminated the contracts of nearly 400 employees, according to Chinese media reports.

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China stock market

China’s CSI 300 Index leans towards tech firms in latest biannual review

Index compiler China Securities Index is making a conscious effort to increase the representation of tech firms in the CSI 300 Index. The gauge is among the worst-performing benchmarks globally this year.

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Banking & finance

Alibaba-backed AI Speech’s Star listing plan moves a step forward

AI Speech has entered into the Q&A portion of its listing application submitted to the Shanghai bourse in July. The company hopes to raise US$1.5 billion but is still in the early stages of a long vetting process.

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A sign for STAR Market, China’s Nasdaq-style tech board, at the Shanghai Stock Exchange, pictured on July 22, 2019. Photo: Reuters
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