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The ban aims to prevent US semiconductor technology from falling into Chinese hands, US Commerce Secretary Gina Raimondo said
The pledge to intensify the search for core tech breakthroughs comes after last week’s US ban on AI chip exports to China
Hynix’s parent, the SK Group, also recently announced plans to build a chip packaging facility in the United States
Growth rate could now though slow due to government concerns that smartwatches are harmful to child development, reported the Nikkei
A cyber security report claimed the US had launched “tens of thousands” of cyberattacks on China and pilfered troves of sensitive data, the South China Morning Post said.
Top universities and research institutes in China have been spending large sums on advanced US computer chips designed by Nvidia to power artificial intelligence research work.
Soaring sales come thanks to its global appeal, with the online retailer surpassing Amazon for mobile downloads in the US in the second quarter of 2022, Pandaily said
Chinese tech chiefs at the World Artificial Intelligence Conference in Shanghai are said to be looking at speeding up their own AI chip development programme
Korean tech conglomerate revealed an ‘unauthorised third party acquired information from some of Samsung's US systems'
Foreign investors are lining up to capitalise on the opportunity, with new plants planned in Tamil Nadu and Bangalore, the Financial Times 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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