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

Reports of BYD’s plans to expand production in Mexico spurred speculation that the EV giant was looking for a way into the US car market

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

Local governments in Shanghai and Anhui will fund a variety of semiconductor-related projects this year — ranging from the development of DRAM chips to building facilities for chipmaking and its tools

ASML tools are used to make advanced semiconductors that can go into "high-value weapons systems and weapons of mass destruction,” a top Dutch official said

EU’s antitrust regulators have open an investigation into a Chinese state-backed rail maker over its planned participation in a $657 million tender for electric trains

VW has said it is reviewing “the future direction of business" in Xinjiang, where a test track was constructed for the German carmaker, allegedly using forced labour

Hackers used large language models to seek information on rival intelligence agencies and "notable individuals" and also to develop code “with potential malicious intent”

The largest supplier of equipment to computer chip makers said new competitors with 'substantial financial resources' and 'the ambition of self-sufficiency' were a business risk

Research firm Canalys expects that 5% of smartphones shipped globally in 2024, or 60 million smartphones will be AI-capable

Beijing has laid out wide-ranging guidelines for various departments and the central bank to help the new-energy-vehicle trade