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Samsung blames US AI chip sanctions for profit slump, shares dip
Business

US revokes Samsung, SK Hynix chip production licenses for China

The United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorizations that allowed the companies to receive American semiconductor manufacturing equipment there, according to the Federal Register. The U.S. Commerce Department had given the companies exemptions to sweeping restrictions created in 2022 on the […]

China’s rare earth magnet exports hit six-month high in July
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China’s rare earth magnet exports hit six-month high in July

China’s exports of rare earth magnets surged to a six-month high in July, signaling a recovery in trade flows of the key minerals critical to electric vehicle production. Data from the General Administration of Customs released on Wednesday showed exports rose nearly 75% from June to 5,577 metric tons — the strongest monthly performance since […]

China hosts global humanoid robot games
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China hosts global humanoid robot games

China on Friday opened the World Humanoid Robot Games, a three-day international competition aimed at highlighting the country’s progress in artificial intelligence and robotics. The event features 280 teams from 16 countries, including the United States, Germany, and Brazil, competing in both athletic and technical challenges. The robots will participate in sports such as football, […]

China’s rare earth magnet exports hit six-month high in July
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China launches AI alliances to counter US chip curbs

China’s artificial intelligence sector is ramping up efforts to reduce its reliance on foreign technology, launching two major industry alliances during the World Artificial Intelligence Conference in Shanghai, which concluded on Monday. The first, named the Model-Chip Ecosystem Innovation Alliance, brings together developers of large language models and AI chipmakers, including Huawei, Biren, Moore Threads, […]

China proposes global AI body to challenge US dominance
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China proposes global AI body to challenge US dominance

China has proposed the creation of an international organization to coordinate global cooperation and regulation on artificial intelligence, as it seeks to position itself as a counterbalance to the United States in the rapidly evolving tech sector. Speaking at the World Artificial Intelligence Conference in Shanghai on Saturday, Premier Li Qiang said China is ready […]

China denies link to cyberespionage group accused of targeting Singapore
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China denies link to cyberespionage group accused of targeting Singapore

The Chinese embassy in Singapore has strongly denied allegations that a cyberespionage group accused of attacking the city-state’s critical infrastructure is linked to China, calling the claims “groundless smears and accusations.” In a Facebook statement published over the weekend, the embassy reiterated China’s official stance against cybercrime, stating: “China is firmly against and cracks down […]

Business

China hits EU with new medical device purchase ban

China’s finance ministry on Sunday announced new restrictions on government purchases of medical devices from the European Union worth over 45 million yuan ($6.3 million), in retaliation for recent EU trade actions. The decision follows growing trade friction, including EU tariffs on Chinese electric vehicles and China’s countermeasures targeting imported European brandy. Last month, the […]

Business

China urges caution amid rapid advances in assisted-driving tech

China has called on the auto industry to proceed with caution as assisted-driving technology advances rapidly. China’s automakers are outpacing global competitors in the rollout of assisted-driving tech, driven by consumer demand for rapid innovation. However, regulators are signaling a clear message: advance boldly — but responsibly, according to Reuters. Regulators are finalizing new safety […]

Business

China bans non-certified power banks on flights

Alex Omenye China’s aviation authority will begin enforcing a new regulation on Saturday banning airline passengers from carrying power banks that lack Chinese safety certification or have been recently recalled due to safety risks. The directive from the Civil Aviation Administration of China follows a spate of global aviation incidents linked to overheating lithium battery […]

Chinese hackers target Trump, Vance's phones
Business

China confirms deal with US to boost tech cooperation

The United States and China have agreed on a new trade framework designed to ease technology restrictions and support rare earth exports, according to a statement released Friday by China’s Ministry of Commerce. As part of the deal, China will process export applications for items under its control laws, while the U.S. will roll back […]

China’s Rednote releases open-source AI model
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China’s Rednote releases open-source AI model

Chinese social media giant Rednote, widely known by its Chinese name Xiaohongshu, has released its first open-source large language model. It joins a growing list of Chinese tech firms making strides in artificial intelligence by offering their models to the global developer community. The model, named dots.llm1, is now available for public download on the […]

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