Direct-from-China e-commerce firm sees profits plummet 70 percent in first half of 2024 amidst stiff competition from Temu, as it plans IPO
TECHNOLOGY POWERING BUSINESS
News China
Apple Returns To Top 5 Smartphone Ranks In China, Amid Tim Cook Visit
In Q3 Apple rejoins ranks of top five smartphone makers in China, as government welcomes visit by CEO Tim Cook
TSMC Stops Supplying Customer, After Discovery Of Restricted Chip
After alerting the US of an attempt to circumvent US export controls, TSMC halts chip supply to an unidentified customer
Hong Kong Bans WhatsApp, Google Drive On Government Devices
Hong Kong government moves against two prominent Western tech platforms and bans them on government devices
TSMC Alerts US Of Attempt To Circumvent China AI Chip Restriction
World's largest contract chip manufacturer informs the United States of a potential Chinese attempt to circumvent US export controls
Samsung Delays ASML Deliveries For Texas Chip Factory – Report
Another worrying development for chip industry after Samsung delays delivery of ASML kit for new factory due to lack of customers
Apple Sees Strong Initial iPhone 16 Sales In China
Research from Counterpoint shows sales of the iPhone 16 in China rose 20 percent in the three weeks since their launch
Intel Denies Chinese Claims Of Security Issues
Intel China responds after influential Chinese cybersecurity association called for a security review of its products sold there
US Halts Some Imports From Chinese Drone Maker DJI
After blacklisting in 2020 and 2021, drone giant DJI reportedly says some of its imports are being blocked by US Customs
ASML Warning Sends Tremor Through Global Chip Market
Semiconductor equipment maker ASML shakes chip sector after forecasting lower than expected 2025 sales and bookings
US Lawmakers Seek Answers From Telcos Over China Hack
US Congressional Representatives ask for answers from AT&T, Verizon, Lumen Technologies after wiretap networks reportedly hacked by China
Huawei Beats Apple In Mainland China Shipments
Huawei surpasses Apple in mainland China smartphone shipments in August for first time in nearly four years, research finds
Apple Opens Major Research Hub In China
Apple opens research centre in Shenzhen, China, aiming to make it biggest such facility outside US amidst tough local competition
Chinese Hackers Breach US Wiretap Systems – Report
AT&T and Verizon among US broadband providers reportedly hacked to target American government wiretapping platform
Huawei Ditches Android Apps With HarmonyOS Next
Sanctioned Huawei formally launches HarmonyOS Next on smartphones, tablets as it builds new ecosystem around Android-free experience
EU States Approve China EV Tariffs In Split Vote
EU member states approve hefty tariffs on China-made EVs in spite of opposition from Hungary and auto-producing Germany
US Moves To Facilitate AI Chip Shipments To Middle East
US Department of Commerce introduces rule to make it easier for Middle East data centres to obtain key AI chip technology
US Proposes Ban On Chinese, Russian Components In Cars
US proposes ban on sale of cars with Russian- or Chinese-made parts, amidst fears of spying or mass-scale disruption
Huawei’s Mate XT Launches On Same Day As iPhone 16
Huawei, Apple hold duelling flagship smartphone launches in China as Huawei attracts interest with world's first double-folding phone
Geely’s Zeekr Slashes Electric SUV Price In Latest Threat To Tesla
Geely premium EV brand Zeekr cuts price ov new 7X SUV by 4 percent as it begins deliveries, in latest threat to Tesla in China
Chinese Hackers Failed To Defeat FBI Botnet Takedown
FBI disrupts Chinese 'state-sponsored' hackers 'Flax Typhoon', who tried to resist takedown of 260,000-device botnet
China ‘Closing Gap’ With West In AI
China rapidly closing gap with US and West on artificial intelligence and other areas, while lagging in chipmaking, finds US think tank
China Touts ‘Significant’ Advances In Chipmaking Tools
China's technology ministry says two upcoming chip manufacturing tools made 'significant breakthroughs', but still lag cutting edge
TikTok Tells US Court Ban Would Have ‘Staggering’ Effects
TikTok, ByteDance, US creators argue against divest-or-ban law in US appeals court while government says national security at stake
US House Passes Bill Targeting Chinese EV Battery Tech
US House of Representatives passes bill restricting tax credits for electric vehicles using battery technology licensed from China
China Delegation Visits Brussels Over EV Tariffs
China sends senior-level trade officials to Brussels over upcoming EU tariffs on electric vehicles amidst soaring trade tensions
China Says New Dutch Chip Export Rules Result Of ‘Coercion’
China says new Dutch export controls on chipmaking equpment result of US 'coercion' design to protect 'global hegemony'
China Accused Of Poaching Talent Amidst Chip Plant Drive
Taiwan accuses mainland China of poaching chip talent, secrets amidst frenzied pending on chip equipment, factory construction
Huawei Plans ‘Trifold’ Phone Launch Hours After Apple Event
Huawei expected to launch landmark double-folding smartphone next week, hours after Apple's AI-powered iPhone 16 event
China GPU Start-Up Dissolves, Lays Off Staff
Chinese start-up that aimed to develop high-performance GPU designs to compete with Nvidia lays off all staff, dissolves