China
China
3 min read
The potential sale of SK Hynix’s Chongqing packaging and testing plant marks a shift away from lower-margin legacy NAND flash products to prioritize high-bandwidth memory manufacturing. While the deal could unlock significant capital for South Korean expansio...
China
China
3 min read
ModelBest is part of an emerging wave of AI firms developing small, efficient AI systems designed to run directly on devices such as smartphones, cars, and laptops. Their approach addresses China's limited access to advanced American chips by optimizing AI to...
China
China
3 min read
Tencent reported revenue of 204.8 billion yuan (US$30.4 billion) for the quarter ending June 30, up 11% compared to the prior year and exceeding Bloomberg consensus estimates. Adjusted net income rose to 68.4 billion yuan, matching expectations. The company’s...