china-news

As AI customers increasingly shift to more advanced 3nm and 2nm process technologies in pursuit of higher performance and lower power consumption, the surge in demand has prompted the world’s largest semiconductor foundry to adjust its production capacity plans. According to Taiw

Huawei is set to launch a new 18-inch foldable MateBook Fold laptop on Aug. 5. The HarmonyOS device will be 7.3 millimeters thick when unfolded and will add stylus support to the MateBook Fold line. The flagship model uses a dual-layer OLED display with LTPO adaptive refresh, 3.

KUALA LUMPUR and HONG KONG — TNGlobal (formerly TechNode Global), one of Asia’s leading technology and startup media platforms, today announced the acquisition of Jumpstart Media, publisher of Hong Kong’s renowned Jumpstart Magazine. The acquisition marks a significant milestone

JLC (嘉立创) began trading on the Shenzhen Stock Exchange’s main board on Aug. 4, with an IPO price of RMB84.46 per share. Its shares opened more than 170% above the offer price, pushing the company’s market value above RMB100 billion. The Shenzhen-based company operates a platform

PaXini has completed a RMB1 billion strategic funding round, bringing its cumulative fundraising to RMB3.5 billion, the company said on Aug. 3. The new round was jointly led by an unnamed global consumer electronics and semiconductor group, BOC International Investment, Kunpeng F

Chinese autonomous-driving company WeRide has partnered with Danish shared-mobility platform GreenMobility to develop Denmark’s first commercial autonomous shared-mobility project, marking WeRide’s first entry into the Nordic market. Subject to regulatory approval, the partners

Fangqing Technology (our translation of 昉擎科技) has reportedly completed an A1 financing round at a valuation above RMB10 billion, according to a report published on Aug. 4. The available information does not establish the round size, investor lineup or use of proceeds, so the dev

Alibaba on Monday unveiled its next-generation foundation model Qwen3.8. The model features 2.4 trillion parameters and delivers improvements in coding and professional workplace tasks (Cowork). In the recently released third-party Arena rankings, Alibaba’s Qwen model ranked seco

DeepSeek-V4-Flash has entered public beta, with the National Supercomputing Internet rolling out API access and model downloads on day one. Developers can access the API through the platform’s Model Services portal after logging into the National Supercomputing Internet website.

A person familiar with the matter said that a report claiming Moonshot AI could submit a Hong Kong IPO application as early as this month is untrue. The report attributed the rebuttal to the source rather than to Moonshot AI itself, and did not indicate that the company had filed

From July 31 to August 3, ChinaJoy 2026 transformed the Shanghai New International Expo Center into a hub where games, technology, and pop culture collided. As one of China’s biggest gaming events, the exhibition brought together leading developers, publishers, and some of the mo

Chery Automobile has agreed to invest $75 million in South Korea’s KG Mobility (KGM) through convertible bonds. If the bonds are fully converted into shares, Chery will hold around 10% of KGM’s equity. The move marks a significant step in Chery’s efforts to strengthen its oversea

Alibaba has launched Qwen3.8, a new foundation model with 2.4 trillion total parameters. The model is focused on coding and professional office tasks, with its API already available on Alibaba’s Qwen AI platform. Qwen3.8 has also been integrated into Alibaba’s newly launched Qwe

Chinese automakers have reported their July sales and deliveries, with BYD ranking first among the companies included in the latest industry roundup after selling 419,211 vehicles. BYD’s overseas sales reached 179,841 units, up 124.3% from a year earlier. Leapmotor reported 101,2

China’s AMEC plans to expand its portfolio to more than 100 types of high-end semiconductor equipment within five years through in-house development and external acquisitions. Founder and chairman Yin Zhiyao made the remarks at the company’s 22nd anniversary event on Aug. 1. AMEC

Shanghai added 11 generative AI services to its completed registration list on Aug. 3, bringing the city’s cumulative total to 211, according to information released by the Shanghai cyberspace authority. The update is a regulatory milestone rather than a model or app launch. It

Shanghai-based brain-computer interface startup Active Technology (our translation of 主动科技, the company’s Chinese name) has completed a RMB330 million angel round, setting a record for angel financing in China’s brain-computer interface sector. The company focuses on invasive bra

On Saturday, Alibaba Group Chairman and principal owner of the Brooklyn Nets basketball team, Joe Tsai, and his wife Clara Wu Tsai announced their decision to end their marriage after nearly 30 years. According to a joint statement, the decision was made mutually, and the couple

ChinaJoy 2026 opened today at the Shanghai New International Expo Centre. On the first day of the event, TechNode completed its first-round tour of the exhibition halls, exploring multiple areas covering automotive technology, gaming entertainment, and IP collaborations. This yea

Tesla China has begun rolling out version 2026.14.13 of its in-car software, formally integrating ByteDance’s Doubao large language model into the Model 3, Model Y, Model S and Model X. The update is being delivered in batches to newly delivered vehicles and some existing cars. D