Technology



Unitree Technology expected to surpass $7 billion valuation after planned Shanghai IPO

Chinese robotics company Unitree Technology is expected to reach a valuation of more than 50 billion yuan ($7.4 billion) following its planned initial public offering in Shanghai, according to a report from IPO sponsor Citic Securities shared with institutional investors. The projected valuation highlights......

CXMT considers second Beijing chip plant as China accelerates memory semiconductor expansion

CXMT, China's largest listed memory chip manufacturer by market value, is planning a second semiconductor fabrication plant in Beijing as it seeks to expand production capacity amid surging global demand for memory chips driven by artificial intelligence. According to sources familiar with the matter,......

US-China Robot Race Intensifies as Washington Tightens Restrictions on Advanced Robotics

As artificial intelligence reshapes global industries, advanced robotics has emerged as one of the most strategic areas of competition between the United States and China. Once primarily designed for industrial automation, modern robots are now capable of autonomous movement, environmental awareness,......

China's lithography breakthrough increases pressure on ASML amid U.S.-China technology rivalry

ASML, the Dutch semiconductor equipment manufacturer that has long dominated the global lithography market, is facing growing strategic pressure as China's latest advances in chipmaking technology coincide with increasingly restrictive U.S. export controls. The unveiling of a domestically developed......

China begins mass production of domestic DUV lithography machines to strengthen chip independence

China has reached a new milestone in its semiconductor strategy by launching mass production of domestically developed immersion deep-ultraviolet (DUV) lithography systems, a technology considered essential for manufacturing advanced semiconductor chips. The move represents another major effort by Beijing......

China challenges US tech giants with powerful AI models at lower costs

The global artificial intelligence industry is entering a new phase of competition in which technological leadership is no longer determined solely by the size or complexity of AI models. Increasingly, companies are focusing on another critical factor: delivering strong performance at a significantly......

DeepSeek reportedly pauses second funding round as investors await further developments

Chinese artificial intelligence startup DeepSeek has reportedly informed potential investors that it is putting its second fundraising round on hold, according to a report by Bloomberg News citing people familiar with the matter. The company’s decision to suspend the planned investment process......

Chinese humanoid robot maker AgiBot begins Hong Kong IPO process amid AI race

Chinese humanoid robot developer AgiBot has begun the process of preparing for a potential initial public offering in Hong Kong, according to state media outlet Securities Times, as competition in artificial intelligence and robotics accelerates. The move places AgiBot among a growing number of Chinese......

Taiwan indicts former TSMC employee over alleged theft of semiconductor trade secrets for China use

Taiwanese prosecutors have indicted a former employee of Taiwan Semiconductor Manufacturing Company (TSMC) over allegations of stealing sensitive semiconductor trade secrets that could have been used in China. The case highlights growing concerns over the protection of advanced chip technology as competition......

OPPO Embraces Artificial Intelligence and Premium Design with the New Enco Clip2

The open-ear headphone segment continues to upscale. With the launch of the Enco Clip2, OPPO is not just expanding its audio catalog: the Chinese manufacturer aims to strengthen its position in a market where design, artificial intelligence, and user experience are becoming major differentiating factors. The......

CXMT's $8.6 billion IPO draws strong backing despite cautious chip market sentiment

Chinese semiconductor manufacturer CXMT Corp has secured robust institutional support for its $8.6 billion initial public offering, even as global volatility in semiconductor equities has tempered investor enthusiasm across the technology sector. According to the company's latest regulatory filing,......

China launches international AI organization with 29 founding members

China has announced the creation of a new international organization dedicated to artificial intelligence (AI) cooperation, bringing together 29 founding member countries in a move that highlights Beijing's growing ambition to play a leading role in shaping global AI governance. The new organization,......

Xi Jinping calls for global AI governance and international cooperation

Chinese President Xi Jinping has called for stronger international cooperation and coordinated regulation of artificial intelligence, arguing that the technology should not be dominated by any single country. Speaking at the opening of the World Artificial Intelligence Conference (WAIC) in Shanghai,......

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