30 h. ago Chipmaker CXMT eyes US$42 billion Shanghai listing, sources say

Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering (IPO) in Shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion yuan ($42.12 billion), according to two sources briefed on the matter. Founded in 2016 with government backing, CXMT leads China’s strategic push to build a foothold in a global DRAM market long dominated by companies from Japan, South Korea and the United States. China’s leading manufacturer of dynamic...

Economics

31 h. ago Hong Kong retains top spot in finance, logistics and tourism in Greater Bay Area

Hong Kong has retained its leading position in three out of six major industries within the Greater Bay Area, according to an index comparing the relative advantages of 11 cities across the southern Chinese region. Shenzhen held onto its top spot in innovation and technology as well as manufacturing, while Guangzhou remained the leader in real estate. The Greater Bay Area Industry Development Index, compiled by Our Hong Kong Foundation and Dah Sing Bank, surveyed 3,400 companies across 11 cities...

Politics

3 d. ago Hijacking of Chinese technology continues: China Daily editorial

Hijacking of Chinese technology continues: China Daily editorial  China Daily

Politics

3 d. ago China’s new hope in breaking reliance on foreign chipmaking machines

AMIES Technology, a new Chinese lithography equipment manufacturer that showcased its latest chipmaking products at an industry event in Shenzhen last week, is offering renewed optimism in the nation’s drive to reduce its dependence on Dutch giant ASML. The company presented a wide range of products – including compound-semiconductor lithography machines, laser-annealing systems, advanced inspection tools and solutions for packaging and wafer bonding – at the WeSemiBay Semiconductor Ecosystem...

Politics

6 d. ago Nexperia’s China plant workers fear being caught in dispute crossfire

Workers at a large Nexperia packaging plant in the southern Chinese city of Dongguan said they are worried about becoming collateral damage in a simmering political dispute between the Netherlands and China that has upended the management of the Dutch semiconductor maker. During a visit by the Post on Thursday, operations at the factory appeared normal even as staff were aware of the power struggle between Nexperia’s Dutch management and its Chinese owner, Wingtech Technology, over control of...

Events

6 d. ago China’s Honor teases ‘Robot Phone’, a new AI handset with gimbal

Honor, the Chinese smartphone maker spun off from Huawei Technologies, on Wednesday teased a concept artificial intelligence-enabled handset featuring a fold-out gimbal-attached camera, as the firm looks to differentiate itself from rival Android device makers in the global market. The “Robot Phone” was unveiled by Honor online in a promotional video that showed the gimbal-stabilised camera unfurl from the back camera module and appear to pivot while tracking its subject’s movement. Honor...

Technology

6 d. ago China’s Honor teases ‘Robot Phone’, new AI handset with gimbal

Honor, the Chinese smartphone maker spun off from Huawei Technologies, on Wednesday teased a concept artificial intelligence-enabled handset featuring a fold-out gimbal-attached camera, as the firm looks to differentiate itself from rival Android device makers in the global market. The “Robot Phone” was unveiled by Honor online in a promotional video that showed the gimbal-stabilised camera unfurl from the back camera module and appear to pivot while tracking its subject’s movement. Honor...

Technology

7 d. ago Chinese arms makers urged to embrace AI technology in weapons development

Chinese arms makers should explore the use of artificial intelligence in the development of weapons to improve efficiency and quality, according to a state-run defence industry magazine. But the article in the latest issue of Modern Weaponry also noted that AI technology had risks and challenges and its use should be approached with caution. “Artificial intelligence will leverage its self-learning capabilities in the development of weapons and equipment, serving as an advisory tool that provides...

Events

8 d. ago EU urged to ‘flex its muscles’ on Chinese tech transfer and rare earths

The European Union is poised to toughen its trade stance towards China, with the bloc set to insist that Chinese investors in Europe transfer technology to local firms, and as it formulates a response to Beijing’s latest restrictions on rare earth exports. Trade chief Maros Sefcovic insisted on Tuesday that the bloc was open to investments from China but only under the right conditions. These conditions include the creation of “real value added” in the EU, the creation of “real jobs”, and that...

Politics

9 d. ago China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute

In a move that could dent China’s relations with the European Union, Chinese technology company Wingtech said control of its Dutch subsidiary Nexperia has been effectively frozen, following an intervention by a government ministry and court in the Netherlands. In a corporate filing dated October 13, lodged with the Shanghai Stock Exchange on Sunday, Wingtech said semiconductor manufacturer Nexperia is now under temporary external management following an order from the Dutch Ministry of Economic...

Events

1 week ago Trump says 'no reason' to meet China's Xi after Beijing imposes rare earth restrictions

Trump says 'no reason' to meet China's Xi after Beijing imposes rare earth restrictions  Anadolu Ajansı

Politics

1 week ago China’s new rare earth controls will hit global chip supply chain, analysts say

China’s latest export controls on rare earths are expected to have a direct impact on the global semiconductor supply chain, complicating the production of AI and memory chips from major US and South Korean suppliers, according to analysts. On Thursday, China’s Ministry of Commerce imposed a raft of new export controls on rare earth materials critical for the chip manufacturing process. It imposed restrictions on the export of technologies related to rare earth production, such as mining,...

Events

1 week ago China rolls out flurry of export controls, ‘major upgrade’ to rare earth curbs

China has levied a raft of new export controls related to rare earth materials, expanding the scope of restrictions well beyond those previously imposed, as it looks to cement its near-monopoly status in the sector and fend off attempts by the United States to gain a foothold in the critical minerals supply chain. In a flurry of activity on Thursday, the country’s Ministry of Commerce made a series of announcements outlining new limits on several varieties of products deemed sensitive to...

Politics

1 week ago US imposes new restrictions on Chinese technology companies, angry China says: Would take ...

US imposes new restrictions on Chinese technology companies, angry China says: Would take ...  Times of India

Politics

3 w. ago China has imposed restrictive measures that are hindering American farmers

China has imposed restrictive measures that are hindering American farmers  Farms.com

Politics

3 w. ago China issues retaliatory rules ahead of US port fee targeting Chinese vessels

As a new US port fee targeting China-built or -operated vessels is set to take effect in two weeks, China has revised its international maritime transport rules to allow retaliatory measures, including charging special fees or restricting access to Chinese ports. China will implement necessary countermeasures against any country or region that imposes or supports discriminatory bans, restrictions or similar measures targeting Chinese operators, vessels or crews, according to the revision...

Events

3 w. ago Xiaomi makes ‘bold attempt’ to challenge Apple’s iPhone 17 in China

Xiaomi is resolute in maintaining its lead over Apple in the world’s largest smartphone market, as the Chinese gadget maker goes head to head with the US technology giant with its freshly unveiled flagship handset series, the Xiaomi 17. Speaking after Thursday night’s product launch in Beijing, founder and CEO Lei Jun said “it’s time for everyone to get reacquainted with Xiaomi phones”, adding that the Xiaomi 17 series “has surpassed the iPhone 17 series in many areas”, according to a report...

Politics

4 w. ago Chinese tech workers miss mainland wedding, rethink plans amid H

Chinese technology workers in the United States saw their travel plans disrupted and reassessed their future in the world’s biggest economy, after US President Donald Trump signed a proclamation requiring companies to pay US$100,000 per year for new H-1B applications. The policy change, which initially appeared vague on who was responsible for paying the fee, prompted H-1B visa holders Selena Tang and her husband to skip their planned Chinese wedding on Tuesday in Wuxi, in eastern Jiangsu...

Politics

4 w. ago Chinese tech workers miss mainland weddings, rethink plans amid H

Chinese technology workers in the United States saw their travel plans disrupted and reassessed their future in the world’s biggest economy, after US President Donald Trump signed a proclamation requiring companies to pay US$100,000 per year for new H-1B applications. The policy change, which initially appeared vague on who was responsible for paying the fee, prompted H-1B visa holders Selena Tang and her husband to skip their planned Chinese wedding on Tuesday in Wuxi, in eastern Jiangsu...

Politics

last month Can China’s new tech crack Einstein’s brain? Scientists hope to give it a try

Could the secrets of Albert Einstein’s brain – preserved since his death in 1955 – be unlocked by modern Chinese technology? A new technique developed by Chinese scientists has shown potential in analysing old biological samples, including cancer tissues stored for nearly 10 years under less than ideal conditions. While cautious about the challenges posed by ageing preservation methods, the team behind the advanced RNA-mapping technology known as Stereo-seq V2 does not rule out the possibility...

Science