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AI risks could repeat China shock that cost jobs, former US commerce chief Raimondo warns
The rapid and unbridled development of artificial intelligence (AI) has the potential to disrupt the US economy in a way that is comparable to the “China shock” that displaced American workers, former US commerce secretary Gina Raimondo warns.
South China Morning Post Tech1 min read
China approves Alibaba AI models for use in iPhone Duo and other Apple handsets
China has granted approval for Alibaba Group Holding’s artificial intelligence models to be integrated into several Apple handsets, including the new iPhone Duo, in the Chinese market, clearing a key regulatory hurdle for the long-delayed launch of Apple Intelligence in the country.
South China Morning Post Tech1 min read
Chinese memory giant YMTC to grow revenue 6 times faster than peers as IPO nears: report
Yangtze Memory Technologies Corporation (YMTC), China’s leading flash-memory maker, is set to grow revenue six times faster than its industry peers this year as it expands into server-related business ahead of a planned initial public offering (IPO), according to Counterpoint Research.
South China Morning Post Tech1 min read
China chip exports jump 136% to US$45b as AI frenzy jacks up prices
China’s integrated circuit (IC) exports surged 136 per cent year on year in September to US$45 billion, exceeding the 108 per cent growth rate in the first nine months of the year in a sign of the country’s rising influence in the global semiconductor supply chain.
South China Morning Post Tech1 min read
Huawei, once hobbled by US sanctions, passes 100 million Kirin chip milestone
Huawei Technologies has shipped more than 100 million devices powered by its Kirin processors since 2023, when it returned to the smartphone market with a new generation of premium handsets.
South China Morning Post Tech1 min read
Why Samsung, SK Hynix and CXMT shares are under pressure despite strong AI demand
A sharp sell-off in Asian memory chip stocks this week signals growing investor doubts over whether the sector’s AI-driven profit boom can last, even as soaring prices drive strong quarterly earnings across the sector.
South China Morning Post Tech1 min read
China’s Iluvatar CoreX’s first AI computing supernode squeezes most GPUs in 1 system
Chinese AI chipmaker Iluvatar CoreX debuted its first supernode system, a computing system that squeezes 144 graphics processing units (GPUs) into a single cabinet, breaking an industrial record.
South China Morning Post Tech1 min read
Mainland Chinese traders boost Hong Kong stock buying for fourth month as AI bets surge
Mainland Chinese investors bought more Hong Kong stocks than they sold for a fourth consecutive month in September, with purchases accelerating despite persistent headwinds from elevated US Treasury yields and oil prices.
South China Morning Post Tech1 min read
China Mobile triples capacity at mega Inner Mongolia computing hub amid nation’s AI push
China Mobile, one of the country’s state-backed telecoms giants, has tripled the capacity of its largest intelligent computing hub in northern Inner Mongolia, amid Beijing’s push to boost digital infrastructure to power the country’s artificial intelligence ambitions.
South China Morning Post Tech1 min read
OpenAI’s GPT-6 may lead to robotics breakthrough as soon as next year: Unitree founder
US start-up OpenAI’s latest advances in artificial intelligence may be a tipping point that leads to a breakthrough for the robotics industry as soon as next year, according to the founder of Chinese giant Unitree Robotics.
South China Morning Post Tech1 min read
Mapping US chip supply chain: China accounts for far more than it appears, report says
China accounts for about 5 per cent of the equipment and materials directly supplied to the US chip industry when measured by country of manufacture, but its grip on certain rare earths needed for chipmaking is over 90 per cent, according to the Semiconductor Industry Association (SIA).
South China Morning Post Tech1 min read
Former HSBC executive launches wealth platform powered by team of AI agents
A former top executive at HSBC has launched an artificial intelligence-driven wealth management start-up, setting her sights on a billion-dollar valuation and betting that AI can transform how individuals manage their investments and finances.
South China Morning Post Tech1 min read
DeepSeek’s cost-saving AI may lead to inaccuracy in model performance: research
New research has exposed a potential flaw in the memory-saving technology underpinning DeepSeek’s models, marking a rare challenge to a breakthrough that has helped the Chinese artificial intelligence lab close the gap with US rivals OpenAI and Anthropic with its low-cost approach.
South China Morning Post Tech1 min read
Hong Kong’s workers fear AI-driven retirement disruptions, only 20% feel prepared: survey
More than half of Hong Kong’s working adults believe artificial intelligence will make their retirement path more unpredictable than previous generations, yet only one in five feel financially prepared for the shift, according to a survey by global asset manager T. Rowe Price.
South China Morning Post Tech1 min read
China’s factories leaping straight into agentic AI and taking it global: Black Lake CEO
China’s manufacturing sector is leapfrogging straight into the era of agentic artificial intelligence and is now exporting that playbook to global supply chains, according to the CEO of Black Lake, a Chinese provider of cloud-based AI tools for factories.
South China Morning Post Tech1 min read
Beijing moves to steady A-share market after sharp tech sell-off
China’s top securities regulator has signalled fresh support for the domestic A-share market, convening a symposium over the weekend as authorities sought to shore up sentiment following a sharp sell-off in technology shares driven by concerns over US sanctions.
South China Morning Post Tech1 min read
China’s CXMT unveils ‘key progress’ on chip structure pursued by Samsung, SK Hynix
China’s memory chip giant ChangXin Memory Technologies (CXMT) has reported “key progress” in a new structure that rivals Samsung Electronics and SK Hynix are also working on to boost memory density.
South China Morning Post Tech1 min read
Apple’s Tim Cook kicks off China visit amid mixed signals on new iPhone demand
Apple executive chairman Tim Cook has begun his third visit to China this year, following the launch of the iPhone 18 Pro line-up and the iPhone Duo, the company’s first foldable device, in one of its biggest markets.
South China Morning Post Tech1 min read
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