US launching Chinese semiconductor investigation
President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that US officials believe pose national security risks.
The probe...
Democrats and Republicans unhappy about Biden's TikTok account
The bipartisan leaders of a key House committee charged with curbing the influence of China’s ruling party expressed concern Monday at President Joe Biden’s campaign outreach over a Chinese-owned social media channel.
“I have...
China bypasses US export bans with Nvidia chip purchases
Chinese government- and military-linked institutions bought small amounts of Nvidia Corp. semiconductors over the past year, evading export bans implemented by the US, Reuters reported citing tender documents.
Neither Nvidia nor...
Huawei revenue surges in 2023
Huawei Technologies Co.’s revenue surged 9% in 2023, capping a dramatic year for a Chinese technology powerhouse that challenged Apple Inc. and US sanctions with a surprise breakthrough in chip technology.
Sales jumped to more than 700 billion yuan (R1.832...
SK Hynix in a world of trouble over Huawei Mate 60 Pro chips
SK Hynix Inc.’s $24-billion rally this year is unravelling fast as the South Korean chipmaker finds itself embroiled in an intensifying US-China tech war.
A key supplier to both Apple Inc. and Nvidia Corp., SK Hynix has ridden this...
Huawei revenue picking up steam after tough period under US restrictions
Huawei Technologies Co. posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year.
The company’s sales rose 7.2% to 191 billion yuan (R465.98...
Biden turns up the heat on China tech curbs — despite promising cooldown from Trump approach
President Joe Biden came to office pledging to abandon Donald Trump’s with-us-or-against-us approach to China. Instead, he’s forcing US partners to pick sides in a deepening global technology standoff...
US slapping China with more chip export limits
The Biden administration plans to announce new restrictions on China’s access to U.S. semiconductor technology, according to people with knowledge of the situation, an escalation of Washington’s efforts to stifle Beijing’s industrial ambitions and...
Huawei quarterly revenue slumps for first time
Huawei Technologies Co.’s quarterly revenue shrank for the first time on record, reflecting the devastating impact of U.S. sanctions that forced China’s largest technology company out of smartphones and into other technology arenas.
The...
Tech stocks plummet due to US-China conflict
An escalating face-off between the world’s two largest economies has caught Asian technology shares in the middle, hammering those with the most at stake.
The MSCI AC Asia Pacific Infotech Index hit the lowest since July 2017 on Friday as investors...