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The 100-million-people country has only 5,000 to 6,000 trained hardware engineers for the chip sector, against expected demand of 20,000 in five years
The company said it will continue to ship the products in its NXT:2000i and more advanced DUV models, which fell under the restrictions that started on Friday
State lenders have moved to ease pressure on their margins as part of a move to bolster the ailing property sector; home buyers will able to apply for lower interest rates from September 25
China's leading online search provider was among five outfits allowed to release their AI bots to the public, sending tech shares upwards
If true, the development of a homegrown 5G chip would mark a win for China's local semiconductor sector, which has seen stock market gains of roughly 8% so far this week
Then President Donald Trump, equipped with a golden shovel, broke ground for the ambitious ‘innovation centres’ project
Decision comes as state banks are tipped to cut interest rates on existing mortgages, while other cities could follow Guangzhou's move
China responds positively to Commerce Secretary's blunt remark that US companies complained to her that China has become "uninvestible"
The Facebook parent said it had pulled around 7,700 Facebook accounts and hundreds of other pages, groups and Instagram accounts
Foxconn founder Terry Gou, who’s running in Taiwan's presidential election, said Beijing won’t be able to influence him despite his business links in China
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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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