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15.01.26 - 18:12
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Memory Shortage to Hit Nvidia China Approvals, US Lawmaker Says (Bloomberg)
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Tight memory chip supplies will constrain the number of US export licenses for Nvidia Corp. to sell its H200 artificial intelligence processors to Chinese customers, according to the top Republican on the House China committee, citing terms of a Commerce Department rule issued this week....
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15.01.26 - 14:33
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US Navy Sailor Sentenced To Nearly 17 Years In Prison For Selling Military Secrets To China (ZeroHedge)
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US Navy Sailor Sentenced To Nearly 17 Years In Prison For Selling Military Secrets To China
Authored by Dorothy Li via The Epoch Times (emphasis ours),
A former U.S. Navy sailor who had been found guilty of providing the Chinese communist regime with sensitive U.S. military information in exchange for money was sentenced to 200 months in prison, the Justice Department said on Monday.
The Department of Justice in Washington on Feb. 12, 2025. Madalina Vasiliu/The Epoch Times
Wei Jinchao, also known as Patrick Wei, was arrested on espionage charges in August 2023 after reporting for duty aboard the USS Essex, an amphibious assault ship based in San Diego.
Wei, a naturalized U.S. citizen, was convicted by a federal jury in San Diego of espionage and five other criminal counts, including conspiracy to commit espionage, and unlawful export of, and conspiracy to export, technical data related to defense articles in violation of the Arms Export Control Act and the International Traffic in Arms Regulat...
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15.01.26 - 14:00
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Chinese firms to incur higher costs for deploying advanced AI chips from US: analysts (SCMP)
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Chinese companies are expected to shoulder higher costs for deploying advanced chips from the US, owing to a new 25 per cent tariff imposed by Washington on select high-performance semiconductors, according to analysts.
The administration of US President Donald Trump on Wednesday said the new import duties on advanced artificial intelligence chips covered Nvidia's H200 and Advanced Micro Devices' MI325X graphics processing units, as well as their equivalent products and derivatives.
According to......
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15.01.26 - 13:36
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China′s subsidy change adds to EV makers′ stress as more buyers consider petrol cars (SCMP)
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Growth momentum in the mainland car market may shift from battery-powered to petrol-based models this year on account of a revised subsidy policy, exacerbating a bearish profit outlook for the country's 50-odd electric vehicle (EV) builders.
Slower growth in EV adoption would deal another heavy blow to assemblers from BYD to Leapmotor, which are known for low-priced cars, after big-name international banks reduced forecasts for car deliveries this year.
“Petroleum-powered cars will regain market......
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15.01.26 - 13:06
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Uber′s WeChat tie-up pays off as demand from Chinese tourists rises overseas (SCMP)
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Uber Technologies' strategic partnership with Tencent Holdings' super app WeChat is yielding significant dividends for the ride-hailing operator as it meets a critical demand for Chinese travellers overseas.
Since Uber launched a mini-program on WeChat in July, travellers from the mainland have been actively using Uber's services via the new channel in 20 markets, said Anthony Wong, the head of business development at Uber in Asia-Pacific, on Thursday.
While the ride-hailing service provider......
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15.01.26 - 11:54
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Senators Want To Ban Chinese Students From Government Labs (ZeroHedge)
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Senators Want To Ban Chinese Students From Government Labs
Eleven US senators wrote to Energy Secretary Chris Wright on Tuesday seeking to ban Chinese nationals from US national labs - contending that their access undermines the United States' position in the artificial intelligence (AI) race.
The Department of Energy building in Washington on Nov. 13, 2023. Madalina Vasiliu/The Epoch Times
The DOE notably oversees 17 national laboratories and funds research to advance various technologies, including energy, environmental, nuclear, and others. In November, President Donald Trump ordered the DOE to launch 'Genesis Mission,' with a goal of coordinating a national effort to accelerate AI innovation "comparable in urgency and ambition to the Manhattan Project."
In their letter, the Senators expressed concern over the thousands of Chinese nationals who have access to these national lab sites, which contain sensitive information and technology. In FY2024, around 3,200 Chinese nati...
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