4 d. ago Ant Group acquires stake in Chinese memory chip firm InnoStar

A subsidiary of Ant Group has acquired a minority stake in memory chip developer InnoStar Semiconductor, signalling continued Chinese efforts to support domestic suppliers and reduce reliance on imported semiconductors. Shanghai Yunya Enterprise Management Consulting, a wholly owned subsidiary of Ant Group, recently snapped up a 1.87 per cent shareholding in InnoStar for an undisclosed amount, according to registry records in late August from corporate information provider Aiqicha. InnoStar had...

Politics

5 d. ago As US adds more semiconductor hurdles, Chinese firms could seize an opportunity

China’s drive for economic self-reliance is raising the spirits and prospects of its semiconductor industry, as insiders expect more home-grown technologies after Washington revoked waivers for some foreign-owned chipmakers’ factories in China to use US technologies in their operations. The Chinese branches of South Korean chipmakers Samsung and SK Hynix, as well as Intel Semiconductor (Dalian), will lose their fast-track status for compliance as “validated end-users”, meaning they will need to...

Politics

1 week ago Kylin upgrades operating system with AI, support for Chinese semiconductors

Kylin Software, a unit of state-owned China Electronics Corp, on Tuesday unveiled V11, the latest version of its operating system (OS) that features AI capabilities and extensive support for locally designed semiconductors. V11 provided deep artificial intelligence integration that brought out a “smart and efficient” experience for office use, while delivering expanded compatibility with a range of Chinese-designed and developed integrated circuits, the company said during its product launch at...

Politics

2 w. ago China mandates domestic firms source 50% of chips from Chinese producers — Beijing continues to squeeze companies over reliance on foreign semiconductors

China mandates domestic firms source 50% of chips from Chinese producers — Beijing continues to squeeze companies over reliance on foreign semiconductors  Tom's Hardware

Politics

2 w. ago China’s Nvidia challenger Cambricon to raise US$560 million for AI chip work

Chinese semiconductor firm Cambricon Technologies, seen as a potential future challenger to Nvidia, plans to raise nearly 4 billion yuan (US$560 million) for AI chip development, boosting its standing in the country’s tech self-sufficiency drive. In a statement on the weekend, Cambricon said the Shanghai Stock Exchange had given the go-ahead for its 3.98 billion yuan fundraising plan, which is pending approval from the China Securities Regulatory Commission. The move comes after its stock price...

Economics

2 w. ago Ahead of Chinese foreign minister's arrival, Congress flags Beijing's support to Pakistan during Operation Sindoor

Ahead of Chinese foreign minister's arrival, Congress flags Beijing's support to Pakistan during Operation Sindoor  The New Indian Express

Politics

2 w. ago Ahead of Wang Yi’s arrival, Congress flags Beijing’s support to Pakistan during Operation Sindoor

Ahead of Wang Yi’s arrival, Congress flags Beijing’s support to Pakistan during Operation Sindoor  The Hindu

Politics

2 w. ago As New Delhi welcomes Chinese Foreign Minister, Opposition flags China’s support to Pakistan during Operation Sindoor

As New Delhi welcomes Chinese Foreign Minister, Opposition flags China’s support to Pakistan during Operation Sindoor  The Hindu

Politics