Samsung quietly pulls the plug on China’s home-appliance business in strategic retreat
Just after the May Day holiday, Samsung Electronics (005930.KS) signalled the end of its home appliance business in mainland…
StepFun closes in on $2.5 billion funding as it dismantles offshore structure ahead of Hong Kong IPO
By Stone Jin Chinese artificial intelligence start-up StepFun is set to complete a fundraising round worth almost $2.5…
How three Chinese entrepreneurs broke Japan’s two-decade grip on OLED display technology
By Yu Yezi Three Chinese entrepreneurs who quit secure, well-paid jobs to build China’s first homegrown…
Moonshot AI reaches $20 billion valuation as race for dominance in China heats up
By Da Cheung Beijing-based artificial intelligence startup Moonshot AI — known for its popular chatbot Kimi — is…
DeepSeek staff retention defies exodus fears as founder turns to funding to lock in loyalty
By Feng Yuchen Chinese AI startup DeepSeek has retained 97% of its core research and engineering…
Can China’s Lightelligence become the Nvidia of the photonic age?
By Da Cheung Shares in photonics chipmaker Shanghai Xizhi Technology Co. Ltd. (01879.HK) — also known…
Xiaomi’s high-stakes gamble on custom smartphone chips
By Brent Li Chinese tech giant Xiaomi (1810.HK) recently hit a milestone in its ambitious pivot toward hardware…
China’s Moore Threads nears profitability amid soaring revenue in growing challenge to Nvidia’s dominance
Chinese AI chipmaker Moore Threads (688795.SH), reported a sharp surge in revenue and its first quarterly profit, positioning itself…
How Chinese autonomous driving giant Horizon Robotics is funding its own embodied AI competitors
By Da Cheung China’s tech sector is witnessing a massive influx of capital into embodied AI…
Testing DeepSeek V4: Outcoding Google as Beijing builds a shield against Nvidia
By Brent Li More than a year after the launch of its groundbreaking R1 model that…
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