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In recent weeks, China’s semiconductor industry has seen a hike in major capital investment into Integrated Circuit (IC) sector. Shanghai IC Industry Investment Fund Phase II Raises Capital to CNY 24.06 Billion, Up ~66% Corporate registry data shows that the Shanghai Integrated Circuit Indus...
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With China rushing to advance its AI chip capabilities despite U.S. export controls, Kunlunxin, the AI chip subsidiary of Chinese internet giant Baidu, is gaining renewed attention, particularly as rumors swirl about a possible IPO. According to Economic Daily News, Baidu’s AI chip subsidiary was ...
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Recently, Eastern Institute of Technology Ningbo— a project that has drawn considerable attention across the tech and academic communities — has now been officially inaugurated. The university is funded and built by Omnivision Group (formerly Will Semi) founder Yu Renrong, with Academician Chen ...
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The U.S. is moving to tighten its grip on AI-related technologies, with lawmakers pushing to block China’s access to advanced American AI capabilities. According to Financial Times, a newly introduced bipartisan bill would bar NVIDIA from supplying China with its high-end H200 and Blackwell proces...
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Recently, PSR Semi, based in Jiangsu China, announced the successful closing of a Series A funding round worth RMB several hundred million. The round was led by prominent investors including Yongxin Fangzhou, Jinyuan Capital, and Hefei Industry Investment, among others. Headquartered in Wuxi, PSR...