Technology Company
Appears in 2 stories
Apple's main China rival, leading in AI phone features
For nearly two years, Apple could not turn on its AI features in China. Chinese law bars foreign firms from running their own generative AI models, so Apple had to lean on local partners. Now it has trained its own model, and Beijing has signed off.
Updated Aug 14
Under comprehensive US sanctions but achieving technical breakthroughs with SMIC 5nm chips and self-developed HBM
Biren Technology's shares surged 76% on January 2, 2026, raising $717 million in Hong Kong—the first GPU chipmaker to list this year. Despite losing $1.6 billion annually and facing US export bans, investors oversubscribed 2,348 times; rivals Moore Threads and MetaX followed with Shanghai IPOs that surged 400% and 700%.
Updated May 19
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