The Chinese memory chipmaker YMTC has asked US employees to leave group in a bid to comply with the export restrictions imposed recently by the Biden Administration

US chip equipment makers could lose market share and revenue to competitors in countries like Japan and South Korea, if firms find a workaround for the latest curbs, one analyst said

Toyota has already slashed its global production target for the last financial year three times, from 9.3 million in May 2021 to 8.5 million this February

Foxconn's Zhengzhou campus banned all dining at the plant this week and required workers to take their meals back to their dormitories

The US-China trade conflict and the escalation of cross-Strait tensions have brought serious challenges, TSMC chairman Mark Liu says

The share of defective micro-circuits and components in deliveries to Russian companies from China has increased from 2% to 40% since the invasion in Ukraine, a local report says

ASML reports better-than-expected third quarter sales, says group is unable to keep up with demand, with orders of more than $29.4 billion from Asia and the US's biggest chipmakers

"It will support our transition to net zero emissions as well as create jobs in green sectors," Singapore Prime Minister Lee Hsien Loong said

Analysts said Xi's eagerness to "win the battle" in core technologies could mean that China will not only bolster spending but overhaul its whole approach to boost key tech and chip sectors

Chinese President stressed innovation and hailed progress in the areas of space flight and exploration, quantum information and supercomputers.

The move follows export restrictions imposed by the Biden Administration. YMTC is also being investigated by the Commerce officials on whether it sold chips to blacklisted Huawei

Economy minister Wang Mei-hua said she received "great interest" from meetings with Cisco Systems Inc, NVIDIA Corp, Applied Materials Inc and Synopsys Inc.