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China commerce minister says he met Nvidia CEO in Beijing - The Economic Times

Economic Times

Economic Times · 22d ago

China commerce minister says he met Nvidia CEO in Beijing - The Economic Times

Nvidia CEO Jensen Huang recently visited Beijing and met with China's Commerce Minister Wang Wentao. Their discussions covered the growth of artificial intelligence and the increasing demand for advanced chips. During his visit, Huang also engaged with other Chinese officials and highlighted the country's high demand for its H20 AI chip, although exports await U.S. government approval. Nvidia announced plans for a new RTX Pro GPU chip designed for the Chinese market, compliant with U.S. export restrictions.

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China commerce minister meets Apple's Tim Cook

Economic Times

Economic Times · 1y ago

China commerce minister meets Apple's Tim Cook

China's commerce minister, Wang Wentao, met with Apple CEO Tim Cook to discuss Apple's development in China and Sino-US economic and trade relations. The meeting followed the opening of Apple's new store in Shanghai, as the company faces challenges such as declining iPhone sales in China and competition from domestic brands like Huawei. Wang expressed that China is willing to collaborate with the US to create a fair and stable environment for business cooperation. Cook is expected to attend the China Development Forum in Beijing next week.

Nvidia CEO to hold media briefing in Beijing on July 16 - The Economic Times

Economic Times

Economic Times · 27d ago

Nvidia CEO to hold media briefing in Beijing on July 16 - The Economic Times

Nvidia CEO Jensen Huang will visit Beijing on July 16 for a media briefing, marking his second trip to China since April. Amid US restrictions on Nvidia's chip exports due to military concerns, Huang's visit is significant, given that China accounted for $17 billion in revenue for Nvidia last fiscal year. Despite competition from Huawei, Chinese firms still demand Nvidia chips. US senators advised Huang to avoid meetings with certain entities while in China.

Nvidia to resume H20 GPU chip sales to Beijing, launches China-compliant model - The Economic Times

Economic Times

Economic Times · 25d ago

Nvidia to resume H20 GPU chip sales to Beijing, launches China-compliant model - The Economic Times

Nvidia plans to resume sales of its H20 GPU chips to China, pending U.S. government approval, and has introduced an RTX Pro model designed for China's regulatory requirements. These chips support AI applications in sectors like logistics and smart factories. Nvidia CEO Jensen Huang met with U.S. and Chinese officials to promote AI cooperation. The company expects to begin deliveries soon, following regulatory permissions.

Nvidia says it will resume sales of 'H20' AI chips to China - The Economic Times

Economic Times

Economic Times · 25d ago

Nvidia says it will resume sales of 'H20' AI chips to China - The Economic Times

Nvidia will resume sales of its H20 AI chips to China following the U.S. government's decision to ease export restrictions. The H20 chip, a less powerful AI processing unit, was specifically developed for the Chinese market. Nvidia CEO Jensen Huang expressed optimism about restarting shipments. China remains a crucial market for Nvidia amidst local competition and geopolitical tensions. Huang is also set to attend a major supply chain event in China.

Nvidia CEO Jensen Huang meets Shanghai mayor, government says

Economic Times

Economic Times · 3m ago

Nvidia CEO Jensen Huang meets Shanghai mayor, government says

Nvidia CEO Jensen Huang met Shanghai Mayor Gong Zheng, highlighting Shanghai's significance as a crucial R&D base for Nvidia. During the meeting, Huang emphasized the company's dedication to serving the Chinese market effectively. The discussion signifies Nvidia's commitment to maintaining robust ties with China despite global tech tensions. This aligns with Nvidia’s strategy to leverage Shanghai’s resources and contribute to the local economy, reinforcing its strong market presence in the region.

Apple CEO Cook says company will increase investment in China: reports

Economic Times

Economic Times · 9m ago

Apple CEO Cook says company will increase investment in China: reports

Apple CEO Tim Cook has announced that the company will increase its investment in China to contribute to the development of the supply chain. Cook made this statement during a meeting with the Chinese government in Beijing. This is Cook's second trip to China this year as Apple aims to regain market share from domestic rivals. The topics discussed during the meeting included Apple's development in China, online data security, and cloud services. Minister for Industry and Information Technology Jin Zhuanglong expressed his hope that Apple would deepen its presence in China and increase investment in innovation.

Elon Musk says he’s a ‘big fan of China’

Livemint

Livemint · 1y ago

Elon Musk says he’s a ‘big fan of China’

Tesla CEO Elon Musk expressed his admiration for China during a surprise visit to Beijing. Musk cited being a fan of China and mentioned his large fanbase in the country. He also discussed Tesla's plans to introduce Full Self-Driving (FSD) and share driving data in China, which is Tesla's second-largest market. Additionally, there were discussions about a possible deal with Baidu for using its maps to gather information on Chinese roads. Musk's remarks received mixed reactions from netizens, with some expressing concerns about China's government.

Nvidia CEO's China charm offensive underscores rock star status in key market - The Economic Times

Economic Times

Economic Times · 19d ago

Nvidia CEO's China charm offensive underscores rock star status in key market - The Economic Times

Nvidia CEO Jensen Huang visited China, strengthening his popularity amid U.S.-China trade tensions. During his visit, he praised Chinese tech advancements while delicately balancing U.S. concerns. Huang attended the China Supply Chain Expo, emphasizing Nvidia's commitment to the market despite geopolitical complexities. His visit, marked by public engagements and press meetings, signals Nvidia's strategic navigation between competing in China's tech market and adhering to U.S. policies, highlighting the company's global ambitions and challenges.

Apple Vision Pro to hit mainland China this year, state media says

Economic Times

Economic Times · 1y ago

Apple Vision Pro to hit mainland China this year, state media says

Apple CEO Tim Cook announced that the Apple Vision Pro headset will be released in mainland China this year. Cook shared this information during the China Development Forum in Beijing. The expansion to the Chinese market shows Apple's commitment to bringing their innovative products to a global audience.

Minister Margherita discusses semiconductor collab, stronger trade with Malaysian minister

Economic Times

Economic Times · 3m ago

Minister Margherita discusses semiconductor collab, stronger trade with Malaysian minister

Union Minister Pabitra Margherita met Malaysia's Deputy Minister YB Liew Chin Tong to discuss enhancing trade, investment, and economic cooperation, particularly in the semiconductor sector. He also engaged with the Indian diaspora in Malaysia, praising their role in strengthening bilateral ties. Additionally, Margherita interacted with Deputy Minister YB Kulasegaran Murugeson to explore collaboration in law and institutional reforms. His visit, part of the ASEAN-India Tourism Professionals Exchange Programme, included interaction with business communities.

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