Microsoft's headquarters has reportedly instructed the head of its China division to require its Chinese AI developers to either relocate to countries such as the United States and Australia or opt for resignation.
Nio Inc. is launching a more affordable electric car brand in China in a bid to gain a firmer foothold in the world's most competitive market as Tesla Inc.'s momentum slips.
Following reports of Apple's withdrawal from the development of self-driving electric vehicles, Samsung Electronics is reportedly discontinuing its preliminary research on software algorithms for autonomous vehicles. The company will shift its focus to research and development in robotics due to uncertain commercialization prospects for self-driving technology.
Tencent Cloud, the cloud business of global technology company Tencent, has recently announced the signing of a Memorandum of Understanding (MoU) with PT. Bank Rakyat Indonesia (Persero) Tbk. (BRI) and Hi Cloud Indonesia, a cloud service provider (CSP). The collaboration aims to drive innovation in BRI's banking services by leveraging technology, with a specific goal to enhance customer service and transaction experiences.
Veolia Water Technologies, a subsidiary of Veolia and a leading specialist in water treatment technologies and services, announces on May 15 the inauguration of its first ion exchange regeneration facility in China. The facility features state-of-the-art technology to efficiently recycle spent ion exchange resins, promoting resource optimization and sustainability.
Suppliers are expanding their target regions to include India and Southeast Asia as consumer Microcontroller Unit (MCU) markets revive at different rates, according to industry sources.
China blasted the Biden administration's move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without giving specifics.
US President Joe Biden announced sweeping tariffs on multiple Chinese goods on May 14. Industry experts said China's lithium-ion battery exports will likely take a significant hit while the solar sector is less unlikely to be disrupted.
Major memory vendors Samsung Electronics, SK Hynix, and Micron Technology are fiercely competing to win orders for next-generation High-Bandwidth Memory (HBM) chips from Nvidia and other potential clients, including Broadcom, which has reportedly commenced testing their 8-layer HBM3E products.
Advanced Technologies & Solutions (AT&S), an Austria-based PCB and IC substrate manufacturer, has announced plans to sell its plant in Ansan, South Korea, which largely services the medical industry.
Samsung Electronics has reclaimed the top position in the global smartphone market in the first quarter of 2024, driven by the strong performance of its Galaxy S24 series. However, despite its global success, the South Korean tech giant continues to struggle in the Chinese market.
According to Kai-Fu Lee, former head of Google China, the performance gap between the large-language models developed by Chinese and US firms is closing fast.
Hesai Technology Co., a developer of sensor technologies used in self-driving cars, is suing the US Department of Defense for including it on a list of companies accused of aiding China's military.
