India launched a $6.65 billion plan on Tuesday to boost electronics manufacturing, saying it would start by offering five global smartphone makers incentives to establish or expand domestic production.
China is using telecoms giant Huawei to try to drive a wedge between Britain and the United States, Republican senator Tom Cotton told British lawmakers on Tuesday.
China's largest contract chipmaker, Semiconductor Manufacturing International Corporation (SMIC), has filed for a listing in Shanghai that will raise 20 billion yuan ($2.8 billion).
And the thinnest 5G phone ever
U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that the worst of the economic downturn was behind as businesses reopen, though the recovery from the COVID-19 crisis could take years because of high unemployment.
The American semiconductor industry is gearing up for a lobbying push to obtain billions of dollars in federal funding for factory building and research to keep the U.S. ahead of China and other countries that heavily subsidize their chip industries.
Wall Street Journal
India is making it more attractive for Apple and other mobile phone companies to set up production facilities in the country by adjusting the rules for its PLI scheme, a change that could allow Apple to increase manufacturing in the region.
China's factory activity grew at a slower pace in May but momentum in the services and construction sectors quickened, pointing to an uneven recovery in the world's second-largest economy as businesses emerge from coronavirus-led shutdowns.
More than 200 top UK firms and investors are calling on the government to deliver a Covid-19 recovery plan that prioritises the environment.
The U.S. economy is beginning to recover from shutdowns tied to the coronavirus pandemic, Bank of America CEO Brian Moynihan told CNBC.
For phones and routers
China's legislature has approved a proposal to impose a highly contentious national security law in Hong Kong, in an unprecedented move that critics say threatens fundamental political freedoms and civil liberties in the semi-autonomous territory.
Rumors suggest Sony has a digital event planned for next week
Lisa Su of Advanced Micro Devices is the first woman ever to top The Associated Press' annual survey of CEO compensation: Her 2019 pay package was valued at $58.5 million following a strong performance for the company's stock during her five years as CEO.
Huawei Technologies has stockpiled up to two years' worth of crucial American chips to shield its operations from Washington's crackdowns, sources told the Nikkei Asian Review.
Nikkei Asian Review
President Trump has taken the extraordinary step of threatening to close down social media platforms.
Micron Technology raised its revenue forecast for the third quarter on Wednesday to a range of US$5.2 billion to US$5.4 billion from US$4.6 billion to US$5.2 billion, sending its shares about 3% higher.
Reuters (via Yahoo! Finance)
Secretary of State Mike Pompeo said he certified to Congress Wednesday that Hong Kong no longer enjoys a high degree of autonomy from China -- a decision that could result in the loss of Hong Kong's special trading status with the US and threaten its standing as an international financial hub.
Millionaire investors are betting that stocks will take at least a year to regain their previous highs, according to the CNBC Millionaire Survey.
They're called the Yoga Duet 7i and IdeaPad Duet 3i
The US crackdown on China's Huawei is spurring its biggest domestic rival to build up its own chipmaking capabilities, including by snapping up top engineering talent from its own suppliers.
Nikkei Asian Review
German chipmaker Infineon Technologies raised about 1.06 billion euros ($1.16 billion) by issuing new shares to partially finance its $10 billion acquisition of U.S.-based Cypress Semiconductor, it said on Tuesday.
The Conference Board's consumer confidence index rose to 86.6 this month from 85.7 in April.
As part of its annual IP mobile platform announcement, Arm introduced a new initiative called Cortex-X Custom (CXC) program and the first product from the program, the Cortex-X1 CPU cores.
It's already powering Vivo's latest smartphone.
More than just a phone maker now
South Korea's chipmakers are again on edge over the second round of technology war between the United States and China involving semiconductors, according to industry sources Monday.
The Korea Herald
Countries where coronavirus infections are declining could still face an "immediate second peak" if they let up too soon on measures to halt the outbreak, the World Health Organization said on Monday.
Samsung Group heir Jay Y. Lee on Tuesday was summoned and questioned by prosecutors over a controversial 2015 merger of two of the group's affiliates, Yonhap News Agency said.
Huawei's future in the UK is in doubt - again.
Honor has been aggressively pushing an image of an independent company but, looking inside its phones, no one will be able to miss Huawei's DNA in almost every aspect.
It might also have a bigger battery
Lockdown has removed the luxury of choice for many of us. If you want to see your relatives, it has to be on screen.
IBM is cutting an unspecified number of jobs
China's securities watchdog on Sunday condemned a U.S. law that could block Chinese firms from U.S. securities exchanges, saying it politicised regulation and would damage both countries.
The Prime Minister has instructed officials to draw up plans that would see China's involvement in the UK's 5G network reduced to zero
The latest U.S. government action against China's Huawei takes direct aim at the company's HiSilicon chip division - a business that in a few short years has become central to China's ambitions in semiconductor technology but will now lose access to tools that are central to its success.
Last year, GDP expanded by 6.1%, just making the official target range of 6% to 6.5%.
Data from numerous sources collated by CNBC painted a positive picture for Apple since February, at the height of the coronavirus outbreak in China.