Another Chinese chip company is moving toward an IPO. According to ijiwei, Huawei-backed automotive chipmaker Norel Systems (Norelsys) has officially entered IPO tutoring, marking the formal start of its listing process. Notably, the company’s shareholder base brings together strong backing fr...

Amid surging memory prices, Chinese smartphone brands are emerging as some of the hardest hit. According to the South China Morning Post and Jiemian News, Xiaomi has trimmed its 2026 shipment forecast by over 20%, while OPPO, Transsion, and vivo have also scaled back their shipment projections. N...

China has finalized its 2026 consumer goods trade-in policy, marking the program’s third consecutive year of supporting domestic consumption. According to Reuters and CCTV News, Beijing has set aside 62.5 billion RMB ($8.94 billion) in ultra-long-term special treasury bonds to fund the initiative,...

As Huawei steps up its AI ambitions, South Korea is emerging as an unexpected focal market, with the company reportedly preparing to bring its AI chips to Korean customers. According to Yonhap News, Valian Wang, CEO of Huawei Korea, said at a press briefing on the 26th during Huawei Day 2025 that th...

While Huawei’s AI chips have made rapid strides, a new U.S. council report finds that NVIDIA continues to lead in overall AI hardware performance, with that lead expected to continue. According to a report by the U.S. Council on Foreign Relations, an analysis combining publicly available AI chip p...