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Chinese foundries SMIC, Hua Hong forecast second-quarter growth amid AI boom
May 14, 2026

Chinese foundries SMIC, Hua Hong forecast second-quarter growth amid AI boom

China’s leading semiconductor foundries, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Semiconductor, expect their second-quarter sales to rise amid a dynamic global market...

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Alibaba, Tencent present a tale of two strategies for AI spending
May 14, 2026

Alibaba, Tencent present a tale of two strategies for AI spending

Alibaba Group Holding and Tencent Holdings are doubling down on a massive artificial intelligence spending spree, betting that a new wave of Chinese-made chips will break the supply bottlenecks stifli...

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Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI
May 14, 2026

Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI

Shares of Alibaba Group Holding opened up 7.8 per cent in Hong Kong, after the firm reported strong growth from its artificial intelligence products and ramped up its commitment to the technology. The...

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Alibaba CEO signals capex boost as China tech giant forges full-stack AI path
May 13, 2026

Alibaba CEO signals capex boost as China tech giant forges full-stack AI path

Alibaba Group Holding expects its annualised recurring revenue from AI models and applications to hit 30 billion yuan (US$4.42 billion) by the year’s end, as the company ramps up its AI commitment. AI...

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Tencent misses first-quarter revenue estimates, bets on AI for new growth
May 13, 2026

Tencent misses first-quarter revenue estimates, bets on AI for new growth

Facing scrutiny and persistent questions over its track record in artificial intelligence, Tencent Holdings’ co-founder and CEO Pony Ma Huateng offered this candid assessment to shareholders on Wednes...

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AI engine: China’s booming tech exports give Beijing ‘wind in its sails’ for Trump summit
May 12, 2026

AI engine: China’s booming tech exports give Beijing ‘wind in its sails’ for Trump summit

Driven by global appetite for artificial intelligence, China’s computing hardware exports have emerged as a pivotal new engine for growth, providing Beijing with strategic leverage as US tech titans a...

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Chinese chip pioneer calls for focus on ‘pragmatic breakthroughs’ over chasing 2nm hype
May 11, 2026

Chinese chip pioneer calls for focus on ‘pragmatic breakthroughs’ over chasing 2nm hype

The founder of China’s largest contract chipmaker has urged the country’s semiconductor industry to pursue breakthroughs in niche markets such as mature chips, citing their importance for “supply chai...

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China ranks third in global index for AI competitiveness in life sciences
May 11, 2026

China ranks third in global index for AI competitiveness in life sciences

China ranked third in a new global index measuring competitiveness in AI for biotechnology, healthcare and longevity, as the race to apply AI moves from chatbots and general-purpose models into regula...

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US nears US$400 million settlement with TikTok on child-privacy violations, report says
May 8, 2026

US nears US$400 million settlement with TikTok on child-privacy violations, report says

US President ⁠Donald Trump’s administration is nearing a US$400 million settlement with TikTok to resolve an ongoing lawsuit over alleged child-privacy violations, ABC News has reported, citing source...

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Samsung halts all home appliance sales in China as pivot to AI accelerates
May 7, 2026

Samsung halts all home appliance sales in China as pivot to AI accelerates

South Korean tech giant Samsung Electronics said on Wednesday it would end sales of all home appliance products in mainland China, retreating further from a consumer market increasingly dominated by d...

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