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News on the Internet & Tech Industry in China

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Unigroup’s former chairman reportedly detained
Jul 29, 2022 (WiC 595)

Back in 2015 every industry insider suspected the most influential ‘investment fund’ in the semiconductor sector was Tsinghua Unigroup. Starting life as a state-owned enterprise under Tsinghua University, alma mater of Chinese President Xi ...

Cambridge intelligence

Chinese AI firms in spotlight as AISpeech looks to IPO
Jul 29, 2022 (WiC 595)

It has been nearly four years since the launch of Lee Kai-fu’s widely read book on superpower rivalry in artificial intelligence. As a theme, it has rarely been out of the headlines since then. A former executive at Google, Microsoft and ...

Database demand

The ‘Chinese Oracle’ looks to list in Shanghai
Jul 22, 2022 (WiC 594)

In early July Shanghai’s STAR Market approved the IPO of China’s first homegrown database firm, Wuhan Dameng. The listing represents another milestone in China’s journey for tech independence. Databases are the back offices that help to ...

Internet-of-stings

Tuya lists in Hong Kong on fears about US exit
Jul 15, 2022 (WiC 593)

British drama The Undeclared War fictionalises what might happen when an unfriendly nation – in this case Russia – launches a cyber attack on the country’s infrastructure. In episode one, a rogue hacker called the Jolly Roger ...

A toddler versus giants

Closure of Mia app rattles investors in baby sector
Jul 15, 2022 (WiC 593)

When stay-at-home mom Liu Nan decided to start her own business in 2011 – the year her daughter was born – she chose an area she was starting to get to know: baby care products. The journey wasn’t straightforward. She tried to negotiate ...

Artificial sell-off?

China’s AI giant SenseTime in share price dive
Jul 8, 2022 (WiC 592)

One of the more questionable applications of artificial intelligence is as a way of monitoring how students concentrate in class. That technique is said to have been deployed in a number of Chinese schools as teachers try to keep their students ...

Shenzhen decision marks new chapter in China for Arm
Jul 8, 2022 (WiC 592)

The forced departure of the chief executive and chairman of Arm Technology (China), following a two-year tussle with the rest of the company’s board, seems to have turned the page on a particularly tortured chapter in the company’s ...

Chinese foundries bound up the global sales rankings
Jul 8, 2022 (WiC 592)

In his State of the Union speech in March, American president Joe Biden waxed lyrical about a “thousand empty acres of land” 20 miles east of Columbus, Ohio. Biden said the vacant real estate represented a “field of dreams” for the United ...

Talent from Tokyo

Japanese expert drafted for Chinese DRAM push
Jun 30, 2022 (WiC 591)

Who wants to finish their career in failure? Certainly not Sakamoto Yukio, the 75 year-old memory chip expert from Japan, who has just become chief strategy officer at a business that the Shenzhen government wants to challenge Samsung ...

Getting its slice

Wingtech want bigger role in Apple’s supply chain
Jun 24, 2022 (WiC 590)

The Malus spectabilis, or Chinese flowering apple, is a tree that grows in a number of provinces in China. Each spring it produces spectacular blossoms. However, the apples that ripen later each summer are far too bitter for most people’s ...

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