China’s RedNote — also known as Xiaohongshu — and Lemon8 have become the top two most downloaded apps in the US this week
The short video app is facing a January 19 deadline for a ban in the US, unless its Chinese owner ByteDance divests its US operations
Chinese state media says the development could lead to “overwhelmingly unfavourable consequences” for Taiwan and global chip supply chains
The app and its Chinese parent have maintained that selling off US operations was not possible as it would be a complicated process that would also be prohibited by Beijing
Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US
Chinese tech giant and biggest battery maker say the move is 'clearly a mistake' as they are not military firms, or suppliers or engaged in military-related activities. They could sue the Pentagon.
The Shanghai Megapack facility, completed in December, is projected to produce about 10,000 Megapack units a year – 40 GWh of annual capacity.
Chinese government hackers who breached the US Treasury Department last month targeted the office that administers economic sanctions, according to a new report
Researchers say the TikTok owner's planned spending on computing power 'will drive progress' in China’s artificial intelligence industry
Chinese firms have stepped up their purchases of materials needed to make chips and electronics from US suppliers ahead of the new year
The US President-elect says a pause would give his administration time to pursue a "political resolution" to the issue
China's top chipmakers are still 10-15 years behind leading Western chipmakers because they cannot access EUV lithography machines, ASML's new CEO has said