China

Greenpeace chart projecting purchased electricity use by TSMC, Micron and UMC through 2030

Greenpeace projects three chipmakers could use 15 percent of Taiwan’s power by 2030

Greenpeace Taiwan estimates TSMC, Micron and UMC could require 49.8 billion kilowatt-hours of grid power in 2030, or 15 percent of Taiwan's projected demand.

Tencent releases Hy4 with visual and computer-use capabilities

Tencent has released the full Hy4 model with visual understanding, computer use, enterprise integrations, and internally tested safety controls.

Hua Hong Grace Q3 profit rises 147 percent

Hua Hong Grace Semiconductor's third-quarter profit rose 147.1 percent as record revenue and stronger specialty-chip demand lifted margins.

Fibocom modules connect to Starlink Direct to Cell in New Zealand

Fibocom said two LTE Cat.1 bis modules connected to Starlink Direct to Cell in New Zealand, with performance varying by sky visibility and power demand.

Sand.ai closes $200 million Series A+ for video AI

Chinese video-generation startup Sand.ai has completed a $200 million Series A+ round led by CoStone Capital and Wangsu Science & Technology.

Chinese consumers favor digital payments for cross-border transactions, Thunes report finds

Chinese consumers increasingly rely on digital payment platforms for domestic and cross-border transactions, while high fees and settlement delays remain key pain points, according to a recent report by Thunes and Juniper Research.

Thunes raises UnionPay payout limit in mainland China to $10,000

Thunes has expanded its UnionPay connection to support instant payouts of up to $10,000 daily to cards across 79 mainland Chinese banks.

HSBC plans Hong Kong AI institute with HKUST for early 2027

HSBC plans to open a Hong Kong AI and emerging technology institute with HKUST as its anchor academic partner in early 2027.

Envision's Galaxy AI data center campus in Ulanqab, China

Envision deploys 800V DC system at China AI data center

Envision says its integrated 800V DC power system is now supporting live AI computing workloads at the Galaxy campus in Ulanqab, China.

China-Laos digital payment link offers new model for cross-border transactions: AMRO

The launch of a cross-border digital payment link between China and Laos marks an important step in regional financial integration, demonstrating how central bank digital currencies (CBDCs) can connect with conventional payment networks while preserving local-currency settlement, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Monday.