Chinese listed semiconductor equipment and materials companies released their 2024 annual financial reports in late April, revealing strong revenue growth but a decline in overall profitability. Despite intensified US sanctions, the sector demonstrated resilience through increased capital investments and strategic restructuring, signaling China's determination to bolster its semiconductor industry

As quantum computing emerges as a pivotal battleground in global tech competition, tensions between China and the US continue to intensify. On May 6, 2025, Hefei-based Origin Quantum unveiled its fourth-generation quantum measurement and control system—Origin Tianji 4.0—marking a significant breakthrough in China's push toward localized, mass-producible quantum technologies. The launch triggered an immediate response from Microsoft President Brad Smith, who warned that "the US cannot afford to lose" in the quantum race

Billionaire Li Shufu is ramping up a push to streamline his sprawling business empire, with his Hong Kong-listed Geely Automobile Holdings Ltd. offering to take premium electric-car maker Zeekr Private

Tesla has rolled out a new camera-based driver-assistance system in China while awaiting government approval for its Full Self-Driving (FSD) technology. Unlike most Chinese EV makers that rely on LiDAR sensors, Tesla is sticking to a vision-only approach, it says offers superior performance and lower costs

The US recently imposed final anti-dumping duties on solar cell and module manufacturers from four Southeast Asian countries—Malaysia, Vietnam, Thailand, and Cambodia—with rates of 34.4%, 395.9%, 375.2%, and a staggering 3,521% for Cambodia

In a recent speech, Palmer Luckey, the innovative force behind defense technology firm Anduril Industries, invoked a hypothetical Taiwan Strait conflict to underscore the pivotal role of artificial intelligence (AI) in modern warfare

A combination of rising US tariffs, reduced benefits from China's "trade-in" subsidy program, and mounting inventory challenges has prompted Chinese panel makers to scale back production during the five-day May Day holiday. This measure aims to support prices, which have remained relatively flat since the end of April, preventing a sharp drop amid slowing purchasing activity from television brands

China's foundry industry has seen explosive growth in mature semiconductor manufacturing over the past five years—a trend reflected in ASML's financial disclosures, where Chinese businesses once accounted for as much as 40–50% of revenue. But by early 2025, that figure had dropped to about 25%

Once crowned the undisputed "smartphone king of Africa," China's Transsion is now battling mounting challenges. While revenue continues to climb, the company faces declining margins and growing pressure from rivals in its core African markets

The fatal crash involving a Xiaomi SU7 and three students has sparked nationwide backlash and triggered a fundamental shift in how Chinese automakers market self-driving technology. The buzzword "smart driving" is rapidly being phased out in favor of the more conservative and safety-conscious term "assisted driving.

China's Ministry of Foreign Affairs announced on May 7 that Vice Premier He Lifeng, the nation's top economic policymaker, will visit Switzerland from May 9 to 12. During his stay, he is scheduled to hold talks with US Secretary of the Treasury Scott Bessent. Following the visit, Vice Premier He will travel to France from May 12 to 16 to co-chair the tenth round of the China-France High-Level Economic and Financial Dialogue

Robotaxi company Pony AI will partner with ride-hailing giant Uber Technologies Inc. to launch in the Middle East this year, as the auto industry's push into autonomous driving gathers pace

On May 6, Advanced Micro Devices (AMD) reported robust first-quarter results for 2025 despite looming challenges from new US export controls on shipments to China and evolving AI diffusion regulations. CEO Lisa Su emphasized the company's resilience in navigating tariff uncertainties and regulatory constraints, particularly impacting its data center GPU business. With a focus on AI infrastructure growth and strategic partnerships, AMD remains optimistic about its market position and long-term opportunities in the US$500 billion AI accelerator market

Recently, the two major Android SoC brands, MediaTek and Qualcomm, have shared their market outlooks. Both companies maintain a positive view of their non-smartphone business performance and future growth potential. Regarding financial forecasts for the next quarter, MediaTek expresses more optimism than Qualcomm, anticipating possible growth quarter over quarter