Beijing quietly launched a new initiative to lure elite foreign-educated IT and chip talents to accelerate its tech proficiency, sources and government documents reveal
The more than 300-page document mentioned "PRC" 130 times and "China" 222 times, as it outlined risks and uncertainties emanating from the ongoing chip war between Beijing and the West
US President wants to visit to Hanoi in mid-September to sign a strategic partnership pact with Vietnam to bolster economic and security ties, sources say
Intel's proposed merger appears to be a victim of the US-China 'chip war', as it is one of several deals that Chinese regulators have failed to endorse
Sources say SoftBank Group is in talks with Vision Fund 1 to buy the 25% stake in Arm it does not directly own as it gets ready for the chip designer's Nasdaq IPO
One fund chief said China could restrict exports of rare earths used in consumer electronics and EVs vehicles, and target US technology companies
Beijing "resolutely opposes" the US restrictions, after the Biden administration explains the 'narrow subsets' of its move and likely outcomes for various sectors in 2024, when the new rules will start
Chinese tech giants Baidu, Tencent, Alibaba and Bytedance have placed orders worth $5 billion with Nvidia for its top AI chips and GPUs, but it is unclear if these items will be affected by the latest White House order
The US is expected to target private equity, venture capital and joint venture investments in China in chips, quantum computing and AI; firms will have to report that activity, sources say
The factory in Saxony, which will see auto parts maker Bosch and semiconductor makers Infineon and NXP each own 10% of the plant, is planned to open in 2027
Customs data on Tuesday showed imports dropped 12.4% in July year-on-year, while exports were down 14.5% amid weak demand both at home and abroad
A return to profit could ease pressure on SoftBank founder and CEO Masayoshi Son, who revealed in June plans to shift to "offence mode" amid excitement over advances in AI