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Baidu revenue grows 6% in Q4 as AI and advertising boost business - Vimarsana News

Baidu revenue grows 6% in Q4 as AI and advertising boost business

China's Baidu said fourth-quarter revenue rose 6%, helped by gains from its artificial intelligence applications and a growing advertising business. For the three months through... -February 28, 2024 at 05:48 am EST - MarketScreener

Nvidia has begun sampling two new AI chips for China market, says CEO, ET Telecom - Vimarsana News

Nvidia has begun sampling two new AI chips for China market, says CEO, ET Telecom

Reuters reported earlier this month that Nvidia has started taking pre-orders for the H20 chip, the most powerful of the three chips aimed at the Chinese market, and its distributors were pricing it on par with a rival product from Huawei.

China calls on central state-owned firms to take larger role in AI development - Vimarsana News

China calls on central state-owned firms to take larger role in AI development

The China state asset regulator said central government-owned enterprises should play a larger role in promoting artificial intelligence development in China. Zhang Yuzhuo, party chief...

LG Display draws interest in China plant sale - newspaper - Vimarsana News

LG Display draws interest in China plant sale - newspaper

Around four parties have shown interest in buying South Korean display panel maker LG Display's Guangzhou, China plant including Chinese rivals BOE and CSOT, a South Korean newspaper reported on...

China's top chipmaker SMIC cautious on recovery expectations; shares dip - Vimarsana News

China's top chipmaker SMIC cautious on recovery expectations; shares dip

China's largest chipmaker SMIC said the global semiconductor industry was seeing some bright spots after a year-long slump, but growth would be mild as the demand recovery was insufficient to...