China


2024-02-07

[News] SMIC’s Net Profit Halved Last Year, Faces Further Reductions This Year

China's leading semiconductor foundry, SMIC International, announced its fourth-quarter financial results on February 6th. While the quarter's revenue exceeded expectations, a significant drop in gross margin led to a sharp decrease in net profit by less than 50% to below USD 1 billion last year. ...

2024-02-06

[News] Huawei Shifts Focus, Prioritizing Production of AI Chips over Mate 60 Series

Industry sources cited by Reuters have revealed that Huawei, the Chinese telecommunications giant, is slowing down the production of its high-end Mate 60 series smartphone due to surging demand in the AI chip market and production constraints. Instead, the company has decided to prioritize the prod...

2024-02-02

[News] NVIDIA’s Exclusive Chips for China Now Reported to be Available for Pre-Order, Priced Similar to Huawei Products

NVIDIA has begun accepting pre-orders for its customized artificial intelligence (AI) chips tailored for the Chinese market, as per a report from Reuters. The prices of the chips are said to be comparable to those of its competitor Huawei's products. The H20 graphics card, exclusively designed ...

2024-02-01

[News] Pentagon Updates List of “Chinese Military Companies,” Including YMTC and Others

US officials have announced that the Pentagon has added over a dozen Chinese companies to a list established by the US Department of Defense. This list identifies entities accused of collaborating with the Chinese military. According to the Pentagon's website, the Department of Defense updated th...

2024-01-29

[News] U.S. Department of Commerce Introduces New Regulations to Restrict China from Training AI Using U.S. Cloud Services

U.S. Commerce Secretary Gina Raimondo stated on January 26th that the U.S. government will propose that American cloud computing companies determine whether foreign entities are accessing U.S. data centers to train artificial intelligence models. The proposed "know your customer" regulation was m...

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