China


2024-09-10

[News] China’s Core AI Industry Achieved a Market Size of Nearly CNY 600 Billion

Recently, the 54th "Statistical Report on China's Internet Development" was released. In the first half of the year, generative artificial intelligence (AI) continued to be a global technology hotspot, and China's AI industry has gradually entered a period of fast development. "AI+" continues to emp...

2024-09-09

[News] iPhone 16 “Supercycle” in Doubt? Concerns Rise Over Slow Rollout with its AI Platform

Apple is set to unveil the highly anticipated iPhone 16 on September 9, with many expecting that the AI platform "Apple Intelligence" will spark a supercycle in iPhone 16 sales. However, Bloomberg suggests that the slow rollout of Apple Intelligence may make such a supercycle unlikely. The repo...

2024-09-09

[News] China Bypasses Restrictions to Acquire NVIDIA Chips, with Cloud Service Costs Even Lower Than in the U.S.

Despite U.S. export controls aimed at preventing Chinese companies from acquiring advanced AI chips, small cloud service providers in China have reportedly found ways to obtain NVIDIA’s A100 and H100 chips. The cost of renting cloud services in China is even lower than in the U.S. According to...

2024-09-09

[News] Key Economic Indicators to Watch in the Week ahead: China, US CPI and More

Last week, a series of U.S. employment data fueled concerns about a potential economic recession, causing the S&P 500 to drop 4.2%, marking its worst weekly performance since January 2022. U.S. 2-year and 10-year Treasury yields fell, reflecting market expectations of a more aggressive rate cut ...

2024-09-06

[News] China’s Surge in Chipmaking Tool Purchases May Lead to Overcapacity Crisis of Legacy Chips

To counter the U.S.’s ongoing semiconductor restrictions launched the U.S., China has outspent the U.S., South Korea, Japan, and Taiwan combined on chip manufacturing equipment in the first half of this year. However, sources cited by a report from Commercial Times have warned that China’s ex...

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