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Thursday 20 March 2025
China's EDA power play: Empyrean Technology acquires Xpeedic in strategic semiconductor M&A
On March 17, 2025, China's leading EDA software company, Empyrean Technology, announced plans to acquire a majority stake in Shanghai-based Xpeedic Technology, a provider of EDA and...
Thursday 20 March 2025
Huawei turns to SMIC's 7nm for Kirin X90 PC chip, cutting ties with Intel and Microsoft
Huawei Technologies is strengthening its independence in personal computing, accelerating chip development to reduce reliance on US hardware and software. The company's latest PC...
Thursday 20 March 2025
Tencent's measured AI path: Practical applications over Big Bang bets
Tencent revealed strong 2024 results, alongside a strategic AI focus. The company is pursuing a measured approach, prioritizing practical applications in ads, games, and cloud services,...
Thursday 20 March 2025
China scales up DeepSeek AI inference clusters; Huawei Ascend takes lead
Since emerging in mid-January 2025, DeepSeek has rapidly reshaped the AI landscape. As its presence grows into a second month, OpenAI has escalated its opposition—first threatening...
Thursday 20 March 2025
China to further tighten export curbs on battery, chip material tech, escalating US trade spat
China is reinforcing its grip on key minerals and battery technologies as tensions with the US escalate over tech trade policies. Fortune reports that China dominates the...
Thursday 20 March 2025
China's Chitu AI challenges Nvidia, boosting domestic chip independence
China is making strides in AI chip self-sufficiency with the open-sourcing of Chitu, a large-scale model inference engine developed by Tsinghua University-backed AI startup Qingcheng.AI...
Wednesday 19 March 2025
Empyrean to acquire fellow Chinese EDA firm
Chinese electronic design automation (EDA) company Empyrean Technology has announced plans to buy its counterpart Xpeedic through the issuance of new shares and cash.
Wednesday 19 March 2025
AMD CEO Lisa Su embarks on strategic China visit to fortify AI PC, tech alliances
AMD CEO Lisa Su is in China to strengthen the company's partnerships with local technology firms. During her visit, she attended AMD's AI PC innovation summit, Advancing AI, in Beijing...
Wednesday 19 March 2025
Huawei's HarmonyOS PCs set to launch in 2025, rumors of Windows exit intensify
Industry insiders suggest that since Huawei was placed on the US Entity List in 2019, the company has faced continuous challenges in obtaining related technologies. The license for...
Wednesday 19 March 2025
Xiaomi's EV launch drives 49% revenue growth, raises 2025 production target
Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery...
Wednesday 19 March 2025
CATL joins forces with NIO to supercharge China's EV battery-swapping network
CATL, the world's largest electric vehicle (EV) battery manufacturer, has agreed to invest up to CNY2.5 billion (approx. US$345.5 million) in collaboration with NIO to expand China's...
Tuesday 18 March 2025
BYD unveils EV battery system that charges in five minutes
BYD unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.
Tuesday 18 March 2025
Buima turns to green energy, cost reduction in transition efforts
Construction material maker Buima saw its gross margin reach 14.56% in 2024, boosted by solid shipments of battery module products and a marked increase in exports of metal construction...
Tuesday 18 March 2025
Tesla offers free one-month FSD trial in China amid market woes
With competitive pressure increasing in the Chinese market, compounded by various unfavorable factors globally, Tesla China announced on March 17 that it will offer a one-month free...
Tuesday 18 March 2025
Demand for Chinese autonomous vehicle brands rises, fueling supply chain growth momentum
According to the China Association of Automobile Manufacturers, China's automobile export volume reached 5.859 million units in 2024, representing a year-over-year increase of 19.3%...