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Philippines and China to collaborate on 5G, 6G and more
The Philippines and China recently signed a MOU to foster collaboration in emerging technologies including 5G, 6G, AI, IoT, data analytics, and robotics. Read more…
China
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Top 5 issues for 2023 – China, crypto, macro, auto and chips
What does 2023 have in store? Based on what we experienced in 2022, five issues stand out for the next year. Read more…
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US senators revive a bill to block Huawei from US banks
US lawmakers introduce a bipartisan bill to restrict Huawei and Chinese 5G companies from accessing US banks. A separate TikTok ban is also on the table. Read more…
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China will spend over $143b to boost domestic chip industry
China is working on a more than $143 billion support package for its semiconductor industry in a major step towards self sufficiency in chips. Read more…
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Could China’s 6G strategy actually split the internet?
China’s pursuit of its own 6G standard will likely contribute to balkanization of the internet, which means a smaller economic opportunity for everyone. Read more…
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Foxconn blames ‘technical error’ for Zhengzhou plant fiasco
Foxconn said a pay-related “technical error” occurred when hiring new recruits at its COVID-hit factory in Zhengzhou, and apologised to workers. Read more…
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Now Chinese handset firms in India are laying off staff
Bracing for tough times in India, Chinese handset firms start laying off staff there and are likely to further cut investments in marketing and operations. Read more…
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Protests are rocking Foxconn’s iPhone plant in Zhengzhou
Hundreds of workers joined protests at Foxconn’s flagship iPhone plant in Zhengzhou, with some men smashing surveillance cameras and windows. Read more…
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Sony to relaunch its China Hero Project for Chinese games
Sony Group plans to expand its China Hero Project programme to identify and incubate Chinese-made games, in a race with Microsoft to tap China’s gaming market. Read more…
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JD.com execs face big pay cuts to boost front-line benefits
JD.com says it will cut the salaries of more than 2,000 senior managers by 10% to 20% next year to help pay for improved benefits for front-line staff. Read more…
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Blizzard games to go dark in China starting next year
Blizzard Entertainment and NetEase end their partnership. ‘World of Warcraft’ and other Blizzard games won’t be available in China from January. Gamers are sad. Read more…
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Nvidia confirms it has a new US-compliant chip for China
Nvidia is offering a new A800 chip in China that meets recent US export control rules. One way it does that is by being slower than the banned A100 chip. Read more…
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Apple cuts its iPhone sales outlook due to China lockdown
Apple expects lower shipments of high-end iPhone 14 models than previously forecast following a significant production cut at a virus-blighted plant in China. Read more…
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Tencent and Unicom cleared for cloud-focused joint venture
Tencent and China Unicom have received regulatory approval to set up a joint-venture focused on internet data centers, CDNs and edge computing. Read more…
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Foxconn iPhone factory caught up in Zhengzhou lockdown
China puts an industrial park housing a Foxconn iPhone factory under a seven-day lockdown, as Foxconn scrambles to quell worker discontent at the base. Read more…
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China now has a plan to ship over 25m VR devices by 2026
China has released its first action plan to ship more than 25 million virtual, augmented and mixed reality devices with a value exceeding $48 billion by 2026. Read more…
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Why is Microsoft stockpiling Chinese video games?
Microsoft is stocking up on Chinese video game content, solidifying China’s transition from a land only of players to a hub of blockbuster developers. Read more…
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Temasek’s Vertex to raise $500m for new China tech fund
VC firm Vertex Ventures is set to raise nearly $500 million for a new fund that will invest in efforts to step up China’s domestic tech development. Read more…
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Xi doubles down on self-reliance in tech development
President Xi Jinping’s call for China to “win the battle” in core technologies could signal an overhaul in Beijing’s approach to advancing its tech industry. Read more…
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New Chinese fund cleared to invest in Korean chip firms
China’s securities regulator has given the greenlight to Huatai-PineBridge, the country’s first mutual fund targeting top Chinese and South Korean chipmakers. Read more…