Two Chinese robotics startups have been valued at more than $2.9 billion in recent funding rounds, demonstrating steady interest in the sector and boosting the country’s efforts to compete with US firms like Tesla Inc. and Figure AI Inc.
A humanoid robot is seen at the facilities of X Square Robot where robots receive training to do household tasks in Shenzhen, southern China's Guangdong province on May 22, 2026. China's robots have wowed audiences with fluid dancing and set-piece martial arts displays onstage, but their application and performance in real-life settings remains limited. For companies like X Square, the logic of launching an imperfect service lies in data collection for so-called embodied artificial intelligence. (Photo by Hector RETAMAL / AFP via Getty Images) / To go with AFP story China-tech-labour-lifestyle-AI, FOCUS by Emily WANG
Two Chinese robotics startups have been valued at more than $2.9 billion in recent funding rounds, demonstrating steady interest in the sector and boosting the country’s efforts to compete with US firms like Tesla Inc. and Figure AI Inc.
A humanoid robot is seen at the facilities of X Square Robot where robots receive training to do household tasks in Shenzhen, southern China's Guangdong province on May 22, 2026. China's robots have wowed audiences with fluid dancing and set-piece martial arts displays onstage, but their application and performance in real-life settings remains limited. For companies like X Square, the logic of launching an imperfect service lies in data collection for so-called embodied artificial intelligence. (Photo by Hector RETAMAL / AFP via Getty Images) / To go with AFP story China-tech-labour-lifestyle-AI, FOCUS by Emily WANG
Lingyi iTech Guangdong Co. a Chinese electronic supplier for Apple Inc. and Tesla Inc., rose in its Hong Kong debut after raising HK$8.3 billion ($1.06 billion) in a share sale, part of the city’s busiest month for listings this year.
Lingyi iTech Guangdong Co. a Chinese electronic supplier for Apple Inc. and Tesla Inc., rose in its Hong Kong debut after raising HK$8.3 billion ($1.06 billion) in a share sale, part of the city’s busiest month for listings this year.
Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players for what it called misleading promotions, Beijing’s latest warning against unchecked competition in the vast online arena.
Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid after Chinese regulators scolded leading e-commerce players for what it called misleading promotions, Beijing’s latest warning against unchecked competition in the vast online arena.
Chinese neurotechnology startup and prosthetics developer BrainCo expects sales of its robotic hands to surge this year as demand grows from the country’s fast-expanding humanoid robotics industry.
The artificial intelligence boom has triggered an insatiable demand for computing power, with companies such as Amazon.com Inc., Meta Platforms Inc. and Microsoft Corp. pouring hundreds of billions of dollars into data centers and advanced chips developed by US semiconductor giant Nvidia Corp.
A Huawei booth during the Hong Kong Fintech Week in 2025.
Xiaomi Corp.’s quarterly profit tanked more than anticipated after sharp increases in memory prices exacted a heavy toll on the Chinese firm’s smartphone business.
Xiaomi has been the biggest casualty among the world’s top smartphone makers in the ongoing global memory chip crunch. Photographer: Na Bian/Bloomberg
Huawei Technologies Co. said it has come up with a new pathway to shorten its gap with industry leader Taiwan Semiconductor Manufacturing Co., potentially achieving a breakthrough in making advanced semiconductors without cutting-edge equipment.
A Kirin 9000s chip fabricated in China by Semiconductor Manufacturing International Corp. (SMIC), taken from a Huawei Mate X5 foldable smartphone, in Ottawa, Ontario, Canada, on Tuesday Sept. 19, 2023. Huawei's Kirin 9000s processor supports 5G wireless speeds, TechInsights said, dispelling some of the mystery around the Chinese company's latest devices. Photographer: James Park/Bloomberg
Lenovo Group Ltd. shares were on track to close at their highest on Friday after the company reported strong growth in AI-related earnings that offset difficulties from rising component prices.
Lenovo Group Ltd. shares were on track to close at their highest on Friday after the company reported strong growth in AI-related earnings that offset difficulties from rising component prices.
Yangtze Memory Technologies Co. has begun the process for a long-awaited initial public offering, tapping red-hot demand for the chipmakers at the heart of a global AI development boom.
ChangXin Memory Technologies Inc. reported soaring revenue and profit in the first quarter and forecast higher earnings ahead, bolstering its financials ahead of a high-profile initial public offering later this year.
ChangXin Memory Technologies Inc. reported soaring revenue and profit in the first quarter and forecast higher earnings ahead, bolstering its financials ahead of a high-profile initial public offering later this year.
JD.com Inc. reported better-than-expected profit after Beijing clamped down on its fierce food delivery battle with Alibaba Group Holding Ltd. and Meituan.
Baidu Inc.’s chip unit Kunlunxin is planning an initial public offering on Shanghai’s Nasdaq-style bourse in addition to a separate listing plan in Hong Kong as the Chinese search engine giant looks to taps investor appetite for semiconductor stocks.
An AI chip of Kunlunxin is seen on display during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 6, 2023.
Chinese AI chipmaker Cambricon Technologies Corp.’s shares surged 14% in Shanghai, after its first-quarter sales more than doubled thanks to Beijing’s push for self-sufficiency in critical technologies including semiconductors.
Huawei Technologies Co. unveiled its latest foldable phone on Monday, betting on the novel format to flesh out its lineup and fend off resurgent competition in China from Apple Inc.
The Huawei Technologies Co. Pura X Max foldable phone.
Unitree Robotics began selling its cheapest humanoid robot on Alibaba Group Holding Ltd.’s AliExpress on Wednesday, expanding its international presence in a white-hot race featuring heavyweight players like Elon Musk’s Tesla Inc.
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