Latest: Fintech News

"The significance is that it shows that China has been able to stay 2-2.5 nodes behind the world's best (chip) companies," Dan Hutcheson, an analyst with TechInsights said

China's ban on iPhone use by government workers was extended to local government entities last month, raising fears that Apple and its suppliers could be hit hard by rising Sino-US tension

Republican chair of influential House panel calls for harsher curbs after the discovery of new chips in Huawei phones "that may violate trade restrictions"

Sources said the catastrophic malfunction happened after an update of the automaker's parts ordering system

State media said the investment was a clear sign of Beijing's push to end the country's reliance on foreign semiconductor firms

Foreign envoys complain of lack of access to officials and scholars as geopolitical tensions simmer and officials become wary of contact amid a ramped up security drive and rising anti-Western sentiment

Guterres warned of fragmentation "in world economic and financial systems" amid differing views on technology and security; he also urged solutions for poor nations' debt and climate change