On November 23, the National Semiconductor Investment Fund of China announced plans to invest $ 531 million in a new venture SMIC, the fifth largest contract chip manufacturer in the world (5% share). The new SMIC factory in Shenzhen is set to begin...
China
As part of his campaign to limit the influence of the PRC on the world economy, President Trump imposed increased customs duties on goods imported into the United States from this country. Video cards supplied from China, for example, are taxed at a...
After Facebook changed its name to Meta, the concept of the metaverse became one of the central concepts in the field of high technology. Many companies are interested in such solutions, for example, NVIDIA presented its own technical platform...
The Chinese Ministry of Industry and Informatization has recognized that the local software industry is lagging behind in the international arena and must rely on open source solutions for its development. The department’s statement notes the...
Japan’s political leaders are calling on the country’s financial institutions to put more effort into developing and issuing a digital currency. The main motive is China’s successes in this field. It is believed that such progress...
According to analysts and industry experts, China has been forced to adjust its semiconductor industry development plan, focusing on boosting chip production using mature manufacturing processes, while pushing aside attempts to catch up with the...
Founded in 2020, Chinese GPU startup Moore Threads announced the first fully functional GPU on November 25, which is based solely on Chinese intellectual property. Image source: Moore Threads The new product includes various functional blocks that...
Apple products are very popular all over the world. China is no exception. However, Chinese consumers prefer local brands that offer flagship smartphones at a lower cost than the iPhone. However, that didn’t stop Apple from becoming the...
China is considering opening a digital asset exchange in Beijing, in line with its official strategy to promote the electronic yuan (e-CNY) and fight decentralized cryptocurrencies. Image source: F8_f16 / pixabay.com In accordance with the...
According to the Wall Street Journal (WSJ), some Chinese state-owned companies have begun to restrict employees from using Tencent’s popular WeChat messenger. The official reason for the new approach is security considerations. Image source:...
The Chinese authorities have required Tencent to provide any new applications or updates to existing software for review before they are published on the Internet. The move follows the discovery of violations in a number of the company’s...
With the adoption of the new Personal Information Privacy Law, China has become the second major player after Europe to formulate its own rules in the industry. Not all tech companies now have an understanding of how to comply with the new law...
China’s leading contract manufacturer of chips, SMIC, has severely restricted access to ASML’s chip manufacturing equipment due to US sanctions. In particular, ASML cannot supply advanced process equipment to China. Therefore, SMIC has...
The semiconductor crisis that has chained the automotive industry is only a special case of scarcity. As events of recent years show, foreign policy difficulties can restrict a country’s access to certain resources, and the South Korean...
One of China’s largest chipmakers warned that it may have to abandon orders from overseas customers next year in order to prioritize orders from local companies, as the PRC government pushes for a “secure and controlled” supply...
According to the Ministry of Industry and Informatization of China, there are already more than 1.5 million base stations with 5G support in the country – more than 70% of the total number of corresponding stations operating around the world...
Earlier this year, the Chinese leadership banned the mining of cryptocurrencies in the country, and also imposed strict restrictions on their transactions. Now the country’s authorities have reminded state-owned enterprises of the ban on...
Chinese gaming giant Tencent said that official Beijing will give permission for the creation and operation of virtual environments of the “metaverse”, which are talked about by the largest American tech giants. But only on condition...
China BOE Display is a well-known smartphone display manufacturer. Until last year, the company was inferior to LG in terms of LCD shipments, but now it ranks first in the world ranking – the latter focused on the production of OLED solutions...
Chinese smartphone maker Xiaomi has decided to change its marketing strategy in its home country, opening thousands of new stores and creating sales channels for its own electric vehicles, which are only planned to be produced. Image source: mi.com...
