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US chipmakers Intel and AMD, plus software giant Microsoft are likely to be hit hard as China ramps up its push to replace foreign tech with locally made products, analysts say
Chinese EV battery-maker is in talks with Tesla and other automakers to licence its battery technology in the United States, new report says
Korean chipmaker plans to build a cluster of four fabrication plants in Gyeonggi near Seoul, with work to begin next year on the $90-billion project, which could be the "largest fab complex in the world"
Vice Commerce Minister Guo Tingting said "China will fully guarantee national treatment for foreign companies", but did not explain how it would do that
The guidance from Beijing also asks authorities and agencies to shun Microsoft’s Windows operating system and foreign-made software in favour of domestic options
The ride-hailing giant saw a fourth-quarter profit of $113.15 million, compared to a similar-sized loss for the same quarter a year earlier
Beijing has been tightening control of data generated within the country's borders sparking alarm among foreign firms operating in China
China's push for self-sufficiency in the computer chip supply chain was a noted feature of the annual Semicon China exhibition in Shanghai this week
Foreign investment into China fell 19.9% in the the first two months of 2024 from the amount in January-February last year to 215 billion yuan ($30 billion), the Commerce ministry said on Friday
Beijing’s Ministry of State Security has urged citizens to step up their cybersecurity as attacks by overseas agencies have been ‘rampant’
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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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