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The latest official data suggests China's sprawling manufacturing sector and the broader economy are struggling to regain momentum.
China led the funding of chip startups in 2023 by a wide margin over the US, with local startups receiving 75% of all venture-capital funds in firms doing chip design, making chips or chip equipment
US security officials say they recently disabled a pervasive Chinese hacking operation that compromised thousands of internet devices in critical infrastructure in the Pacific and other areas
US firm that makes chip testing equipment pulled gear worth $1 billion out of China last year after deciding it was 'too risky' to stay amid supply chain and other issues
China is pushing to become a world leader in the field of AI by 2030 but wants to keep the game-changing technology under its purview and control
Custom officials say integrated circuit chips, classed as strategic items and worth $11.6 million, were funneled to mainland via a South Korean company; firm's executives now face prosecution
The machines are aimed at disrupting the most expensive step in the chipmaking process, by “stamping” chip designs on to silicon wafers instead of etching them using ultraviolet light
The US is pushing to require its cloud firms to verify the identity of foreign entities who sign up for their services, through a "know-your-customer" program
The Joe Biden Administration is expected to begin handing out subsidies to top semiconductor companies in the coming weeks, according to a WSJ report
The investments were contingent on Vietnam developing its regulatory regime for renewable energy, the State Department official said
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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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