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Google Pixel-Maker Dixon to Double Revenue as India Ramps Up Electronics Production
Dixon Technologies India, which assembles Google's Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top executive told Reuters.
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TSMC Said to Suspend Shipments to China Firm After Chip Found on Huawei AI Processor
TSMC is said to have halted shipments to the China-based company Sophgo following the discovery of its chip in a Huawei AI processor. Huawei faces restrictions on purchasing such technology to safeguard U.S. national security. The means by which the chip was incorporated into the Huawei product remains undetermined by Reuters.
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iPhone Ban Expands in China, State-Backed Firms Ask Staff to Ditch Apple Devices: Report
More Chinese agencies and state-backed companies across the country have asked their staff to not bring Apple iPhones and other foreign devices to work, Bloomberg News reported on Friday, citing people familiar with the matter.
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US Sanctions 3 Chinese Firms For Giving Ballistic Missile Tech To Pakistan
The US has imposed sanctions on three China-based companies for supplying missile-applicable items and technology for Pakistan's ballistic missile programme, the US State Department said.
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China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers
Ant Group has launched a sub-brand called Zan to help blockchain developers bring out solutions for Web3. One of the first solution this brand brings along is a solution to help Web3 firms, managing or issuing real-world assets (RWAs), follow local regulatory requirements.
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Huawei Said to Be Building Secret Chip Network Across China to Skirt US Sanctions: Report
Huawei Technologies is reportedly building a collection of secret semiconductor-fabrication facilities across China to let the company skirt US sanctions, a Washington-based semiconductor association has warned.
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Jack Ma's Firm Asked To Pay Nearly $1 Billion Fine In China
Chinese authorities imposed a fine of nearly USD 1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked the company's proposal for a record-breaking public offering, which launched a period of in
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Taiwanese Technology Giants Look to Relocate Production Bases to India in Move Away From China
Leading Taiwanese technology firms are looking at relocating their manufacturing bases to India to bring down their exposure to the Chinese market, top policymakers in the Taiwan government have said, amid the self-governed island's increasingly tense relations with China.
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European Union, US Working Towards Common Code of Conduct for AI Amid Growing Privacy, Civil Liberties Concerns
The EU and US said Wednesday that they would soon release a voluntary code of conduct on artificial intelligence, hoping to develop common standards among democracies as China makes rapid gains. Both political and technology industry leaders have been warning of the growing risks as AI takes off, with potentially wide-ranging effects on privacy and...
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Teen In China Goes Viral For Claiming That He Runs A Tech Firm
The boy revealed that he has an "Internet technology" company and has five to six employees.
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Online Education Firm Controlled By Chinese Nationals Raided In Bengaluru
The Enforcement Directorate on Thursday said it carried out searches against a Bengaluru-based online education company, fully owned and controlled by Chinese nationals, for allegedly violating the foreign exchange law and remitting Rs 82 crore to China 'illegally'.
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Shares In China's Cybersecurity Firm 360 Fall After Founder's Divorce Deal
Shares in Chinese cybersecurity company 360 Security Technology plunged on Thursday after the firm announced that its billionaire founder Zhou Hongyi and his wife were divorcing and that he would give her a 6.25% share.
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Huawei Partners With More 'Legacy' Automakers to Produce Aito-Branded EVs in China
China's Huawei Technologies is partnering with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded vehicles, the company's senior executive announced at the China EV 100 forum in Beijing on Saturday. The Chinese technology conglomerate is working to expand its presence in the auto ...
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Lenovo Asked to Pay $138.7 Million for InterDigital Patents by London Court
China's Lenovo Group must pay US technology firm InterDigital $138.7 million (nearly Rs. 1,150 crore) for a licence for its portfolio of telecommunications patents, London's High Court ruled on Thursday in the latest round of a long-running dispute. InterDigital brought the lawsuit against Lenovo in 2019 over the terms on which Lenovo should ta...
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Unisoc Said to Seek CNY 10 Billion Funding as China Boots Domestic Chip Sector
Unisoc (Shanghai) Technologies is seeking to raise CNY 10 billion (INR conversion) in a new funding round, three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round. The fundraising comes as China ramps up efforts to boost its domestic chip sector.
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Google Pixel-Maker Dixon to Double Revenue as India Ramps Up Electronics Production
Dixon Technologies India, which assembles Google's Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top executive told Reuters.
-
TSMC Said to Suspend Shipments to China Firm After Chip Found on Huawei AI Processor
TSMC is said to have halted shipments to the China-based company Sophgo following the discovery of its chip in a Huawei AI processor. Huawei faces restrictions on purchasing such technology to safeguard U.S. national security. The means by which the chip was incorporated into the Huawei product remains undetermined by Reuters.
-
iPhone Ban Expands in China, State-Backed Firms Ask Staff to Ditch Apple Devices: Report
More Chinese agencies and state-backed companies across the country have asked their staff to not bring Apple iPhones and other foreign devices to work, Bloomberg News reported on Friday, citing people familiar with the matter.
-
US Sanctions 3 Chinese Firms For Giving Ballistic Missile Tech To Pakistan
The US has imposed sanctions on three China-based companies for supplying missile-applicable items and technology for Pakistan's ballistic missile programme, the US State Department said.
-
China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers
Ant Group has launched a sub-brand called Zan to help blockchain developers bring out solutions for Web3. One of the first solution this brand brings along is a solution to help Web3 firms, managing or issuing real-world assets (RWAs), follow local regulatory requirements.
-
Huawei Said to Be Building Secret Chip Network Across China to Skirt US Sanctions: Report
Huawei Technologies is reportedly building a collection of secret semiconductor-fabrication facilities across China to let the company skirt US sanctions, a Washington-based semiconductor association has warned.
-
Jack Ma's Firm Asked To Pay Nearly $1 Billion Fine In China
Chinese authorities imposed a fine of nearly USD 1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked the company's proposal for a record-breaking public offering, which launched a period of in
-
Taiwanese Technology Giants Look to Relocate Production Bases to India in Move Away From China
Leading Taiwanese technology firms are looking at relocating their manufacturing bases to India to bring down their exposure to the Chinese market, top policymakers in the Taiwan government have said, amid the self-governed island's increasingly tense relations with China.
-
European Union, US Working Towards Common Code of Conduct for AI Amid Growing Privacy, Civil Liberties Concerns
The EU and US said Wednesday that they would soon release a voluntary code of conduct on artificial intelligence, hoping to develop common standards among democracies as China makes rapid gains. Both political and technology industry leaders have been warning of the growing risks as AI takes off, with potentially wide-ranging effects on privacy and...
-
Teen In China Goes Viral For Claiming That He Runs A Tech Firm
The boy revealed that he has an "Internet technology" company and has five to six employees.
-
Online Education Firm Controlled By Chinese Nationals Raided In Bengaluru
The Enforcement Directorate on Thursday said it carried out searches against a Bengaluru-based online education company, fully owned and controlled by Chinese nationals, for allegedly violating the foreign exchange law and remitting Rs 82 crore to China 'illegally'.
-
Shares In China's Cybersecurity Firm 360 Fall After Founder's Divorce Deal
Shares in Chinese cybersecurity company 360 Security Technology plunged on Thursday after the firm announced that its billionaire founder Zhou Hongyi and his wife were divorcing and that he would give her a 6.25% share.
-
Huawei Partners With More 'Legacy' Automakers to Produce Aito-Branded EVs in China
China's Huawei Technologies is partnering with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded vehicles, the company's senior executive announced at the China EV 100 forum in Beijing on Saturday. The Chinese technology conglomerate is working to expand its presence in the auto ...
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Lenovo Asked to Pay $138.7 Million for InterDigital Patents by London Court
China's Lenovo Group must pay US technology firm InterDigital $138.7 million (nearly Rs. 1,150 crore) for a licence for its portfolio of telecommunications patents, London's High Court ruled on Thursday in the latest round of a long-running dispute. InterDigital brought the lawsuit against Lenovo in 2019 over the terms on which Lenovo should ta...
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Unisoc Said to Seek CNY 10 Billion Funding as China Boots Domestic Chip Sector
Unisoc (Shanghai) Technologies is seeking to raise CNY 10 billion (INR conversion) in a new funding round, three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round. The fundraising comes as China ramps up efforts to boost its domestic chip sector.
