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China’s third-largest chip foundry just filed for a Hong Kong listing. The real story is the $5 billion fab behind it.

Nexchip Semiconductor filed for a listing on the Hong Kong Stock Exchange on Tuesday, joining a stampede of Chinese chip companies turning to the city’s capital markets as Beijing pours resources into building a domestic semiconductor supply chain that can withstand American export controls. The Hefei-based foundry, China’s third largest behind SMIC and Hua Hong […]

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ByteDance adds watermarking and IP guardrails to Seedance 2.0 as it begins cautious global rollout

Six weeks ago, a video of Tom Cruise fighting Brad Pitt on a rooftop went viral. It was, of course, not real. It was generated by Seedance 2.0, ByteDance’s AI video model, and it set off a firestorm that drew cease-and-desist letters from six major Hollywood studios, a formal denunciation from the Motion Picture Association, […]

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Apple Intelligence briefly goes live in China without approval, raising the spectre of regulatory penalties

In the small hours of Tuesday morning, something unexpected appeared on iPhones across mainland China. Apple Intelligence, the suite of AI-powered tools that the company has spent nearly two years trying to bring to its largest market outside the US, flickered to life, showed up in users’ settings menus, and then vanished. The brief, unannounced […]

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Mainland Chinese tech firms are flooding into Hong Kong as the West tightens the door

The number of mainland Chinese companies listing on the Hong Kong Stock Exchange rose from 30 in 2024 to 76 in 2025, an increase of 153 per cent, according to PricewaterhouseCoopers. Hong Kong reclaimed the top global position for IPO fundraising last year, with 119 listings raising HK$285.8 billion, more than double the previous year. […]

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U.S. military contractor likely built iPhone hacking tools used by Russian spies in Ukraine

Google found a series of hacking tools they said were used by a Russian espionage group and a cybercriminal group in China. Sources from a U.S. government defense contractor said some of those hacking tools were theirs.

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An iPhone-hacking toolkit used by Russian spies likely came from U.S military contractor

Google found a series of hacking tools they said were used by a Russian espionage group and a cybercriminal group in China. Sources from a U.S. government defense contractor said some of those hacking tools were theirs.

An iPhone-hacking toolkit used by Russian spies likely came from U.S military contractor Read More »

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