Technology
A timeline of the Sino-Dutch row over the control of chipmaker Nexperia
When Dutch authorities seized control of chipmaker Nexperia almost two months ago, it resulted in a clash between the head office in Nijmegen and the company’s mainland China unit, which vowed to operate and meet orders as an independent enterprise.
That dispute also exposed the vulnerability of global car supply chains, as any disruption in Nexperia’s shipments of so-called legacy chips would affect nearly every major European carmaker, as well as those in Japan and the United States.
Here are...
Tech war: Huawei to open-source software tool to optimise AI chip use
Huawei Technologies on Friday introduced open-source software that it claimed can significantly improve the utilisation rate of artificial intelligence chips, marking the latest effort by Chinese companies to achieve world-class AI training capabilities even without access to the latest Nvidia processors.
Flex:ai, which pools and orchestrates processors to squeeze out more performance, came as part of Huawei’s effort to develop a self-sufficient compute ecosystem by overcoming China’s...
Taiwan’s Foxconn expands AI hardware push with OpenAI deal
Taiwan’s Foxconn Technology Group and OpenAI on Friday announced an agreement to design and build artificial intelligence data centre hardware, the latest in a string of infrastructure deals for the US creator of ChatGPT.
Foxconn, the world’s largest electronics contract manufacturer, has seen profits soar after shifting its focus from low-margin iPhone assembly to AI servers that are now in huge demand, as firms plough hundreds of billions of dollars into the technology.
Optimism over AI has...
Co-founder of EV battery giant CATL pockets US$239 million from 1% stake sale
Huang Shilin, co-founder of Contemporary Amperex Technology (CATL) and its third-largest shareholder, has cashed in on a rally in the Chinese electric vehicle (EV) battery giant’s shares, selling a 1 per cent stake worth 1.7 billion yuan (US$239 million).
The engineer-turned-entrepreneur agreed to offload 45.6 million yuan-denominated A shares to 16 corporate and institutional investors at 376.12 yuan apiece, according to a filing by CATL to the Shenzhen Stock Exchange. The billionaire still...
Chinese tech giants from Kuaishou to Tencent reap early gains from big AI bets
Chinese technology powerhouses are beginning to reap early returns from their heavy investments in artificial intelligence, with quarterly results showing the impact across businesses from short video platforms like Kuaishou Technology to social media giants like Tencent Holdings.
Kuaishou, China’s second-largest short video app and rival to TikTok’s Chinese sibling Douyin, was the latest to highlight gains from AI adoption. The company, in an earnings statement on Wednesday, attributed its...
China Future Tech webinar: assessing the impact of the Nexperia saga
While the Dutch government has offered goodwill in the dispute over control of Nexperia, a Chinese-owned, Netherlands-based chipmaker, the crisis is far from over.
China’s Ministry of Commerce on Wednesday welcomed the Dutch government’s revocation of an executive order taking control of the firm.
But it also noted that a Dutch court ruling remained a “key obstacle” to resolving the matter. Wingtech Technology, the Chinese owner of Nexperia, said it had yet to resume control of the chipmaker.
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Lenovo downplays surge in memory chip prices, pushes AI agent for devices
Lenovo Group, the world’s largest personal computer maker, is betting that its own artificial intelligence agent will help grow its AI-powered consumer electronics business, even as the industry faces a global memory chip supply crunch.
Chairman and CEO Yang Yuanqing on Thursday said the company would globally launch in January its “personal AI super agent”, which would leverage AI models to anticipate a user’s intentions via “portable devices and personal trusted computing hubs”.
Beijing-based...
