Latest: Fintech News
OpenAI chief's talks with leading investors and chipmakers to create a greater supply of AI chips could cost trillions of dollars, a new report says
Chinese consumer electronics group, which has the biggest share of India's smartphone market, has urged Delhi to consider cutting tariffs and offering incentives to attract component suppliers and help lower costs.
Tower is seeking state incentives for its plan to build a $8-billion chip plant that would make 65 nanometre and 40 nanometre chips, a new report says
JSW, which has set up a joint venture with MG Motor India (owned by China's SAIC), said it has signed an MoU on setting up an electric vehicle and EV battery manufacturing plants in two cities
Duke Energy's change of course on the batteries could have supply chain implications – and a chilling effect on an energy storage market dominated by Chinese manufacturers
The US tech giant wants to claim key shares of the booming market for custom-made chips for cloud computing and artificial intelligence.
Research firm Canalys expects that 5% of smartphones shipped globally in 2024, or 60 million smartphones will be AI-capable
Bankers and recruitment agencies said staff cuts that began in late last year on the Chinese mainland and Hong Kong will gather pace in the coming months
House panel's report recommends that further “robust” restrictions be imposed to curb US investment in key tech sectors that China wants to dominate
A United Nations report is said to show that attacks on cryptocurrency-related companies helped development of dictatorship’s weapons programme
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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