Both firms have seen their market shares squeezed by local rivals such as smartphone-maker Huawei and electric vehicle giant BYD, while a larger economic slowdown shadows China

China has allocated 1.67 trillion yuan ($230.6 billion) to military spending this year. Meanwhile, Beijing dropped reference to 'peaceful reunification' with Taiwan, a term used in previous reports

Some 74 hedge funds in Asia closed down in 2023, half of them in China, as interest shifted toward Japan, pan-Asia funds and other strategies

The probe unexpectedly survived a two-week lunar night after touching down on the lunar surface and falling over, severing contact with ground control

Nikkei heavyweights with a significant presence in China have seen mega rallies, especially in the chip sector

"A-share IPOs will enter an era where quality is more important than quantity," one Chinese brokerage said on increasing regulatory scrutiny

Another plant in Japan would expand TSMC’s capacity there to more than 100,000 12-inch wafers to supply tech firms and carmakers including Sony and Toyota

The data gives unprecedented insight into China's hacking campaigns and appears to confirm repeated warnings by the FBI about the vast scale of Beijing's hacking operations

Chinese cloud firms have previously told Nvidia they don’t want its slower AI chips and that they would prefer using homegrown chips from companies such as Huawei

China’s dominance in the green technology industry means the world would have to pay up an additional $6 trillion for its energy transition without cheap Chinese supplies, new research says

Japan's plan to revitalize its chip industry has been boosted by the arrival of TSMC, the world's top chipmaker, and eight other Taiwanese chip firms over the past two years

Nikkei share index rose by 2% to an all-time peak on Thursday, thanks to cheap valuations and corporate reforms that have lured foreign money looking for alternatives to China's battered markets