The developer of the chatbox that shocked U.S. incumbents had access to Nvidia chips that its parent company providentially acquired just before a 2022 U.S. export ban.
The tech giant suffered an 11% decline in China sales last quarter, raising concerns about its ability to fend off fierce competition in the country.
Previous sanctions unintentionally forced Chinese companies like Huawei to operate more efficiently without access to US chips.
No other company has drawn the world’s two most powerful leaders, America’s and China’s presidents, into a direct geopolitical standoff. And yet Huawei, a Chinese tech group, continues to thrive. In 2023 its revenues were around $100bn, nearly twice as much as those of Intel, an iconic Silicon Valley firm.
DeepSeek’s A.I. models show that China is making rapid gains in the field, despite American efforts to hinder it.
DeepSeek AI is running on Huawei’s Ascend 910C GPU, sparking speculation about China’s AI independence and OpenAI’s allegations of model misuse. Is China closing the gap with the U.S. in AI hardware?
When Apple reported its December quarter earnings on Thursday, it revealed that China sales had dropped 11.1% on an annual basis. Cook told analysts that over half of the decline was due to inventory issues.
Apple is still facing headwinds in China. The company's overall sales in China declined 11.1% during to $18.51 billion during the last three months of 2024, the largest drop in the country since the first quarter of 2024.
Apple stock lifted following guidance for the current quarter after the company reported a drop in ​iPhone and China sales. Overall revenue grew 4%.
IDC has released a new market survey revealing that China’s foldable phone market experienced both growth and challenges in 2024. Huawei, which launched foldable phones such as the Mate X6 and Mate XT Ultimate in 2024,
The US tried to limit China's AI advancements with chip restrictions. It may have fueled the innovation behind DeepSeek instead.