The second-largest chipmaker in China after SMIC, Hua Hong will produce 300mm (12-inch) semiconductor wafers at the factory

For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume

Taiwan’s Economy Ministry said that while Foxconn had breached regulations, there was no concern about an ‘outflow of technology’

A storm has erupted in Virginia after the governor suggested a $3.5bn battery factory for EVs proposed by Ford and China's CATL would be a front for the Chinese Communist Party

The US and British banks are latest foreign banks allowed to boost operations in China, following approvals given recently to Schroders, Manulife and Neuberger Berman

Analysts say the golden week holiday and a new mortgage rate mechanism have made a cut in the loan prime rate on Friday unlikely.

For the whole of 2022, Japan logged a trade deficit of 19.97 trillion yen, the second straight annual shortfall and the biggest in more than four decades

India gives green light for 14 Chinese manufacturers to form JVs with Indian firms to set up facilities that supply parts to Apple, to boost iPhone and electronics production

Xi voices concern for farmers as travel ramps up for holiday season, amid warnings that deaths – said to top half a million in the current wave – will peak over coming weeks

The online platform is expected to include more than 90% of China’s total transportation market

Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen will talk on key issues like global economy, sovereign debt issues and climate change in their first in-person meeting

Microchips will dominate global politics for decades and assume a geopolitical importance similar to the discovery of major oil reserves, Intel CEO Gelsinger claims