Chipmakers seek new edge

Chinese companies well placed to offer solutions tailored to AI, cloud-based IoT

Artificial intelligence and the cloud-based internet of things are two major areas where China's homegrown chips have a good chance of competing with global players, industry experts said.

"In these two areas, we are roughly at the same position compared with the United States," said Zhang Jianfeng, chief technology officer of Alibaba Group Holding Ltd.