May 23, 2026 China
Huawei has launched a full-stack AI data infrastructure platform, unveiled at its Innovative Data Infrastructure Forum 2026. The offering includes the OceanStor Pacific scale-out storage system, delivering up to 11PB of capacity in a 2U form factor and aimed at reducing total cost of ownership...
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May 22, 2026 China
Princeton Digital Group, backed by Warburg Pincus, is reportedly planning to sell its data centers in China, according to the Financial Times. The deal could be valued at up to $1 billion, based on sources familiar with the process. PDG currently operates about 286MW of capacity in China across...
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January 06, 2025 China
Chinese data center firm GDS has changed its name and officially launched as an independent company as of January 1, following the recent completion of a series B funding round. Established in 2022, what was then GDS International was founded to hold GDS Holding’s data center assets and...
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January 04, 2025 China
US-based cloud computing and Content Delivery Network (CDN) company Akamai plans to end its CDN in China, ending services in the country on June 30, 2026, the company said in a letter to customers. After this point, any remaining content requests will be automatically served from neighboring...
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December 21, 2024 China
Vertiv's Chinese subsidiary has acquired centrifugal chiller technology and assets from BiXin Energy Technology Co. (BSE), a manufacturer of chillers, heat pumps, heat-recovery solutions and air-handling units.“This acquisition supports our capital allocation strategy, which includes adding...
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December 03, 2024 China
Chinese data center operator Vnet is setting up a data center investment fund with Chinese insurance company Dajia. The fund will be jointly operated by Vnet and Dajia subsidiary Dajia Investment Holding Company and will make its first investment in Vnet’s Taicang IDC campus in the Jiangsu...
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November 18, 2024 China
China's Alibaba Group saw its cloud computing business revenue grow by seven percent during Q3 2024. According to Alibaba CFO Toby Xu, AI-related product revenue has achieved triple-digit year-over-year (YoY) growth for the fifth consecutive quarter, which "triggers" more demand for the company's...
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July 20, 2024 China
Josh Sheng Chen, co-chairperson and CEO of Chinese data center firm Vnet (formerly 21Vianet) has withdrawn his offer to acquire all outstanding shares of the company which he made in September 2022. Josh Sheng Chen said: “I withdrew my privatization proposal as I believe that maintaining Vnet's...
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July 10, 2024 China
Mediacom Communications Corporation (MCC) has said that it's on course to complete the removal of banned Chinese equipment from its network this month by its July 15 deadline."To date, 100 percent of the program has been completed across the areas of removal and replacement, and 99 percent of...
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May 02, 2024 China
King Yuan Electronics Co (KYEC), one of the world's largest testing and packaging services firms, has sold its entire 92.1 percent stake in its King Long Technology (KLT) subsidiary, a manufacturing hub in the Chinese city of Suzhou as the company sets out to leave China. KYEC cites issues...
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December 27, 2023 China
British semiconductor and software company Arm has laid off more than 70 software engineers based in China due to a downturn in the country's sales of devices such as smartphones and personal computers. In 2022, the company announced that it would cut about 1000 jobs, about 15 percent of its...
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November 24, 2023 China
British chipmaker Graphcore has announced that it will pull out of China in the face of US export controls. The chipmaker is now letting go of most of its staff in China and discontinuing business there. This is another setback to the company, which is already struggling as it revealed in October...
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August 22, 2023 China
The Chinese government-owned automaker Changan Automobile and the technology company Baidu have opened a data center dedicated to artificial intelligence (AI). Baidu's cloud service and the Baige heterogeneous AI computation platform power the facility. According to the corporations, the center...
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May 18, 2023 China
Atlas and Shenzhen Hicloud Data Center Technology (Hicloud) have announced their partnership to explore reducing data center energy consumption. Through this deal, Atlas, an international group providing blockchain infrastructure-as-a-service, is now the first commercial Web3 user of the...
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April 25, 2023 China
Eaton has acquired a substantial stake in Jiangsu Ryan Electrical, a Chinese power distribution company. This week, the US power management company stated that it has acquired a 49 percent stake in Jiangsu Ryan Electrical Co. Ltd., a Chinese manufacturer of power distribution and sub-transmission...
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April 06, 2023 China
According to a report by ChinaDaily, Highlander, one of the companies driving innovation in the underwater data center space, has announced that work on its first commercial facility is complete, for which it is now looking for export buyers. Further to this announcement, the company has outlined...
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March 27, 2023 China
ByteDance, the owner of TikTok, which historically, has been criticized for not “keeping up with its peers,” has announced its pledge to achieve carbon-neutral operations by 2030. The company has outlined that while it will seek to reduce its operational carbon footprint by 90%, it will rely on...
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March 02, 2023 China
OPPO has announced its commitment to achieving carbon neutrality across all its operations by 2050, the latest to do so. This pledge was made in the company’s OPPO Climate Action Report: Climate Pledges and Low Carbon Development Strategy, at MWC 2023. The company outlined that the greatest...
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February 23, 2023 China
CapitaLand has announced the launch of its China-focused data center development fund, namely CapitaLand China Data Centre Partners (CDCP), through which it is planning two new facilities located outside Beijing, with a focus on sustainability.According to the company, the two development...
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February 08, 2023 China
NetEase Inc., a Chinese Internet business, has begun construction on a new data facility in Guizhou province. According to China Daily, this month the company began work on its first large data center in Guian New Area in southwest China. The campus, situated on 7,3 hectares, will support...
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