Despite escalating U.S. chip sanctions, China’s foundry giant SMIC reported Q4 2024 revenue of $2.207 billion, up 31.5% year-over-year, according to its its press release. However, its net profit fell 38.4% to $108 million, as noted by Commercial Times. Commercial Times, citing Chinese media, r...

While DeepSeek’s efficient AI model has fueled debate on NVIDIA’s dominance, China’s Huawei also puts pressure on the U.S. chip giant with its Ascend 910C, a variant of the 2019 Ascend 910 AI chip. According to the reports from Wccftech and Tom’s Hardware, citing Chinese media outlet AGI Hun...

Despite tightening U.S. export controls on AI chips, China seems to be making strides in its AI development, fueled by strong government investment and local expansion. A report from Economic Daily News, citing Financial Times, suggests Huawei is aiming to expand its market share by promoting self-d...

Following Huawei’s launch of the world’s first tri-fold smartphone, Mate XT, in last September, Samsung has also geared up for its new tri-fold model. According to a report from South Korean media outlet The Elec, the company is expected to start component production in the second quarter of 202...

According to a report from South China Morning Post, Huawei has been reducing prices for its premium smartphones to stimulate sales in China, the world’s largest smartphone market. The report highlights that Huawei has slashed the price of its Pura 70 Ultra, released in April 2024, to RMB 8,999...