7 h. ago SemiDrive to supply cockpit chips in European EVs as Chinese firms go global

Chinese automotive chip firm SemiDrive will start supplying its cockpit system-on-a-chip (SoC) to an undisclosed European carmaker late next year, marking its first collaboration on the continent to push for global sales, a senior executive said. The chips would be used in several of the carmaker’s models including sedans and SUVs produced and sold in the Europe, Middle East and Africa region, general manager Eugene Wang said. The vehicles were expected to feature its X9 SoC, which integrates...

Politics

7 h. ago Exclusive | SemiDrive to supply cockpit chips in European EVs as Chinese firms go global

Exclusive | SemiDrive to supply cockpit chips in European EVs as Chinese firms go global  South China Morning Post

Politics

4 d. ago China’s Ant International to seek stablecoin licence in Hong Kong

Fintech firm Ant International, the global affiliate of Chinese tech giant Ant Group, said it would apply for a stablecoin issuer licence in Hong Kong once the new ordinance governing fiat-backed cryptocurrencies comes into effect in August. “We welcome the passage of the Stablecoins Bill and hope to contribute more to the city’s vision as a global hub for next-gen finance,” Ant International said in a statement on Thursday. “We plan to apply for the fiat-referenced stablecoins issuer’s...

Politics

1 week ago Chinese app firm Newborn Town sets up in Hong Kong for AI, global push

Hong Kong-listed Chinese app company Newborn Town will open a global headquarters and set up an artificial intelligence (AI) research centre in Hong Kong as a pivotal step in its overseas expansion strategy. “The landing of the global headquarters in Hong Kong marks a new stage in the company’s globalisation strategy and an important milestone of our company’s development,” said chairman Liu Chunhe at an opening ceremony in Hong Kong on Thursday. Newborn Town said it would focus on developing AI...

Politics

3 w. ago How Chinese firms are using the trade war to fuel global growth

How Chinese firms are using the trade war to fuel global growth  South China Morning Post

Events

3 w. ago Alibaba CEO doubles down on ‘unified global cloud network’ as Chinese firms expand abroad

Eddie Wu sees Alibaba Cloud providing the ‘best AI technical services’ to support Chinese enterprises’ global expansion.

Economics

3 w. ago Alibaba CEO doubles down on plans for ‘unified global cloud network’

Alibaba Group Holding chief executive Eddie Wu Yongming has doubled down on the company’s plan to create a “unified global cloud network”, months after drawing up a 380 billion yuan (US$52.7 billion) investment programme for computing resources and artificial intelligence (AI) infrastructure in China. The Hangzhou-based tech conglomerate’s cloud computing and AI services unit, Alibaba Cloud, will accelerate the buildout of that international network across Japan, South Korea, Southeast Asia, the...

Economics