Asia Pacific (APAC), Breaking, Business, China, Enterprise, Exclusive, Intel, News

100 PFLOPS: China’s Supercomputer Circumvents U.S. Sales Ban

A year ago, we revealed that the U.S. State Department blocked the further sales of Intel Xeon and Xeon Phi processors to Chinese institutions, most notably the Tianhe-2 supercomputer. The U.S. Administration also blocked the move in which a China-based investment fund would invest in AMD i.e. one of original reasons for Radeon Technologies Group – which is even without the said investment, performing above and beyond its financial capabilities. The reason to move against Tianhe-2 is complicated yet simple – ever since its debut in June 2013, the Tianhe-2 supercomputer from NUDT (National University for Defense Technologies) sits on top of the World’s 500 fastest computers list. From the looks of

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AMD, Analysis, Asia Pacific (APAC), Breaking, Business, China, Companies, CPU, Enterprise, Exclusive, Global Politics, Intel, Nvidia, US

Uncle Sam Shocks Intel With a Ban on Xeon Supercomputers in China

Just as Intel’s (NASDAQ: INTC) CEO Brian Krzanich opened the regular staff meeting before a dramatically reduced IDF2015 conference, in Shenzhen, China – it is a good time to review how government and enterprises don’t see eye to eye when it comes to strategic business. Remember the Tianhe-2 machine at Guangzhou Supercomputer Center, the current World’s number one according to Top 500 Supercomputer list? Unlike some other China supercomputers with their mixed architectures – Tianhe-2 is a fully Intel based machine,  the world’s largest assembly of Intel Xeon CPUs and Xeon Phi accelerators. Even after Intel ‘opened the kimono’ and gave a nearly 70%  discount on its processors and accelerators, it

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Global Politics, US

‘Faction’ of Anonymous Targets Chinese Firm Alleging Fraud in Report

Anonymous, best known for its social justice hacktivism, appears to have targeted Tianhe (HKG:1619), an $8-billion Chinese chemical company, with a scathing investigative report that calls the recently publicly listed company a “massive fraud.” These allegations were made in a report by Anonymous Analytics, a stock research and analysis group which calls itself a “faction” of the hacktivist collective Anonymous. The report alleges that Tianhe’s real financial situation reported in tax filings in China was vastly different than the one it reported to investors via its Initial Public Offering prospectus. In 2012, the report alleges, Tianhe’s revenue was some 85% less than reported. According to

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