china-news

Alibaba CEO Eddie Wu said on Aug. 20 that the company’s second-generation T-Head chip is expected to begin tape-out and production in the second half of this year. Alibaba said the chip will offer stronger computing performance and interconnect bandwidth, and that the company bel

SenseTime has open-sourced SenseNova U1.5 Lite, an 8-billion-parameter multimodal model designed to combine visual understanding, image generation and editing in one system. The model supports native 4K image output and is designed to handle constraints involving subjects, counts

BYD’s Fang Cheng Bao brand opened pre-orders for its first sedan lineup on Aug. 20, with the Formula S and Formula S GT priced from RMB230,000 to RMB280,000. The two models made their global debut at the 2026 Chengdu Auto Show on Aug. 21. The lineup includes both single- and dual

At an Aug. 20 launch event, Huawei unveiled the Pura X View, a conventional smartphone with a wider 16:9.5 display instead of the tall screen format used by most slab phones. The device has a 6.39-inch OLED display with 2,232-by-1,320 resolution and a 96.1% screen-to-body ratio,

Alibaba reported RMB268.95 billion in revenue for the quarter ended June 30, up 9% year on year, while net income attributable to ordinary shareholders fell 76% to RMB10.54 billion. Capital expenditure rose 75% to RMB67.68 billion, mainly as the company increased investment in AI

More than 70 embodied-AI training grounds had been built and put into operation across China by the end of June, according to a 2026 report from the China Academy of Information and Communications Technology. Another 46 facilities were under construction or in the planning stage,

In the previous episode of Tech Odyssey, we visited Coimbra to see how university research, applied R&D, and entrepreneurship come together in a small Portuguese city. This time, we head north to Braga, where Startup Braga is helping founders build companies for global markets fr

On Wednesday, Unitree Robotics debuted on the STAR Market of the Shanghai Stock Exchange under the ticker 688836.SH. On the same day, the 2026 World Robot Conference opened in Beijing. The timing was symbolic: humanoid robots are moving beyond labs and exhibitions and into the ne

Chery’s AiMOGA Robotics has started preparing for a potential standalone IPO and is in discussions over possible listing venues. The company has not announced a timetable or selected an exchange. Its leadership said a listing could provide funding for technology investment and ov

ByteDance’s Seed foundation-model division has reportedly completed a new round of internal restructuring. Its foundation-model team has created four new first-level departments: Pretrain Data, Horizon RL, Product Posttrain-Work and Product Posttrain-Chat. The Work team will focu

Yangtze Memory has completed the IPO counseling acceptance process, clearing a key preparatory milestone for a potential Shanghai listing. The Chinese NAND flash memory maker completed its IPO counseling registration in May, and the latest status change was disclosed on Aug. 19.

As large AI models accelerate their integration into vehicles, the competitive dynamics of intelligent cars are changing. In the past, smart cockpits largely focused on voice assistants, in-car applications, and multimedia services. Today, with on-device omni-models, AI agents, a

Yuanxin Satellite has reportedly completed a financing round worth nearly RMB7 billion at a valuation of about RMB50 billion, according to Caixin’s report. The reported valuation is below the company’s earlier target of up to RMB75 billion. Yuanxin had previously disclosed plans

Xiaomi’s robot will make its first public appearance at the 2026 World Robot Conference, Xiaomi President Lu Weibing said in the earnings-call report. The conference is scheduled to run from Aug. 19 to Aug. 23, according to the Beijing government’s event information. Lu said Xiao

LandSpace’s ZhuQue-3 Y2 reached orbit and successfully landed its first-stage booster after launching on Aug. 19. The company confirmed the recovery in a post from its official account. It was LandSpace’s second attempt to recover a ZhuQue-3 booster. The first launch reached orb

Alibaba Cloud has brought its third data center in South Korea online, adding enterprise cloud services and six Agentic AI services for local customers, according to the announcement. The new site expands Alibaba Cloud’s infrastructure in one of Asia’s major technology markets.

Baidu management said Wenxin will return to the top tier of the AI industry as the company continues to invest in model development. Baidu also said it plans to complete its primary listing in Hong Kong by the end of this year, according to the company’s second-quarter earnings-c

Xiaomi reported first-half revenue of RMB208.06 billion, down 8.4% year over year, and net profit attributable to shareholders of RMB14.19 billion. Second-quarter revenue surpassed RMB100 billion, according to the interim-results report. The results cover Xiaomi’s smartphone, con

ByteDance has added new safeguards to its Seedance AI video platform following a copyright dispute with the Motion Picture Association and its member studios. The MPA says ByteDance took its feedback and implemented new guardrails, as described on the association’s responsible-in

Tencent Cloud plans to establish its first cloud region in Malaysia’s Johor state, with three availability zones planned for the initial phase, according to the company announcement. The company also plans to work with local universities and businesses on AI talent development.

Unitree began trading on Shanghai’s STAR Market on Aug. 19. The company’s shares opened at RMB1,100, up 629.44% from the IPO price of RMB150.80, giving Unitree a market value of about RMB444.9 billion, according to the listing data. The debut marks Unitree’s transition from a pr

Xiaomi CEO Lei Jun announced that the company’s next-generation self-developed chip is nearing release. He did not disclose a launch date, product name or technical specifications in the announcement. The announcement came in a post reviewing Xiaomi’s second-quarter performance.

Chinese semiconductor design company VeriSilicon reported first-half revenue of RMB1.864 billion, up 91.37% year on year. Its orders on hand stood at RMB12.449 billion as of June 30. AI-computing-related orders accounted for about 90% of the new orders signed by the company this

Chinese machine-vision and robotics company Mech-Mind has cleared the Hong Kong Stock Exchange’s listing hearing. Its overseas revenue accounted for 50.3% of total revenue in 2025. The company develops 3D-vision systems and software for industrial robots, with applications inclu

Li Shufu has stepped down as chairman and executive director of Geely Automobile Holdings, with An Conghui appointed as his successor. Li will remain chairman of Geely Holding Group and the controlling shareholder of Geely Automobile Holdings. The change separates Li’s group-leve

SenseTime expects to report a profit of between RMB500 million and RMB700 million for the first half of 2026, compared with a loss of about RMB1.489 billion in the same period last year. The forecast would mark a significant change for the Hong Kong-listed AI company as it shift

Xiaomi said cumulative deliveries of its SU7 electric sedan have surpassed 500,000 units, about 28.5 months after the model was launched. The SU7 remains the core product in Xiaomi’s expansion from consumer electronics into electric vehicles. The milestone refers specifically to

Chinese robotics company Unitree has introduced a new humanoid robot called “Superman.” The company says the robot can jump 2 meters from a standing position and reach a maximum speed of 12.66 meters per second. Unitree has not disclosed a detailed test protocol covering factors

Alibaba has officially launched HappyShrimp 1.0, an AI music model that can turn emotions, stories or memories into complete music tracks through natural-language prompts. The launch moves HappyShrimp from an earlier reported project into a publicly available product. Alibaba ha

Chinese cloud provider UCloud has brought servers equipped with Hygon’s Tianxi series AI accelerators to its public-cloud platform. The deployment is reportedly the first large-scale public-cloud rollout of the chip series. The move gives cloud customers access to domestically d

Ingenic, a chip company controlled by Beijing Junzheng, has launched its Hong Kong share offering. The company plans to issue 31.29 million shares and raise as much as HK$3.22 billion. The proceeds will be used mainly for chip research and development, product development and st