Huawei Technologies poured more than a quarter of its first-half revenue into research and development, prioritising long-term technological independence over…
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China’s Zhipu AI, developer of GLM-5.2, defies slump as it pursues AGI over quick profits
Chinese artificial intelligence giant Zhipu AI bucked a broad plunge of AI-related stocks across Hong Kong and the Chinese mainland…
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Inside CXMT’s US$4.3b IPO: soaring profits meet US export threat and high-stakes HBM race
As China’s leading DRAM maker ChangXin Memory Technologies (CXMT) prepares for its expected 29.5 billion yuan (US$4.3 billion) Shanghai Star…
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ZTE’s computing revenue jumps 150% amid AI boom, but profits fall 33%
China’s telecom and computing equipment maker ZTE on Friday reported revenue of 134 billion yuan (US$19 billion) in 2025, up…
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China’s semiconductor firms post hefty 2025 profits amid AI boom, tech self-reliance drive
Enterprises across China’s semiconductor industry recorded hefty profit growth last year, according to their unaudited financial results, driven by the…
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Foxconn’s profits drop as iPhone sales falter, but AI boom offers hope
The Taiwanese company, a major assembler of Nvidia servers, reported a 13 per cent fall in net income to NT$46.3…
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Chinese social media Xiaohongxu moves closer to IPO as profits surge in 2024, sources say
Social media platform Xiaohongshu, known as China’s Instagram, has the wind at its back in its pursuit of an initial…
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