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SMIC reported its first $3 billion quarter, with revenue rising 36.1% year over year and net profit nearly tripling to $479.2 million. The Chinese foundry is also raising wafer prices as US sanctions strengthen demand from China’s captive AI market.
An AI-assisted review of 291 Chinese city planning documents found that low-altitude economy appears in 257 cities’ plans for the next five years. Compared with the previous planning cycle, cities replaced nearly half of their listed industry tracks while increasingly adopting numeric portfolio labels.
Hesai CFO Andrew Fan says lidar orders this year are higher than during the same period last year. More Chinese automakers are adding lidar to new vehicle models as they accelerate intelligent-driving development despite a weak overall car market.
Nokia is reportedly planning further layoffs, facility closures, and a major reduction of its mainland China operations, potentially retaining only limited after-sales services. The retreat is part of a global restructuring toward AI and cloud businesses, but it may reduce Nokia’s access to China’s large-scale 5G deployment data needed for AI-RAN and future 6G research.
A Chinese-led team from Nanjing University and the National University of Singapore developed 光语芯, an ultra-low-power intelligent vision sensor chip that directly converts light into tokens. The tokens can be fed into an encoder for image recognition.
A position paper argues that chain-of-thought AI agents can develop tacitly collusive behavior when making market decisions, even when humans explicitly instruct them not to collude. Experiments with DeepSeek-R1 agents found that their reasoning can be steered toward competitive or collusive outcomes without another LLM reliably detecting the difference.
Tencent's Hunyuan Hy4 has reportedly appeared in the model selection list of the Yuanbao app under an expert-level label and with tool-use capabilities. It is positioned above Hy3 and alongside DeepSeek, following Tencent's recent statement that a larger-parameter Hy4 would launch soon with improved performance and multimodal abilities.
China has approved five automotive-chip certification and accreditation standards built around a “1+4” framework, effective October 1, 2026. The standards aim to unify evaluations for chip design, certification, testing, and automotive computing, reducing duplicated validation and improving trust in domestic suppliers.
Alibaba Group reported a 9% revenue increase as growing AI development in China boosted demand for computing capacity from its cloud business. The results highlight how AI infrastructure demand is supporting Alibaba’s broader growth.
New releases from Chinese competitors are narrowing the gap with Silicon Valley’s AI products, including ChatGPT and Gemini. Lower pricing is helping these services gain market share, alongside offerings such as DeepSeek and Kimi agents.