China's abrupt reversal of its Covid Zero policy pushed economic activity - its service sector in particular - to the slowest pace since February 2020, as the virus swept through major cities and prompted people to stay home and businesses to shut.

A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned.

China filed a dispute with the World Trade Organization trying to overturn US-imposed export controls, which aim to limit the Asian nation's ability to develop a domestic semiconductor industry and equip its military.

Global economic turbulence has hit technology companies this year, leading to slowing revenue growth and widespread layoffs, even as some segments of enterprise spending on IT seem to be holding steady.

The Biden administration has banned approvals of new telecommunications equipment from China's Huawei Technologies and ZTE because they pose "an unacceptable risk" to US national security.

Chinese authorities are recruiting workers from villages and moving them to Foxconn's iPhone assembly lines after the Apple partner suffered a mass exodus.

Including Hong Kong and Macao, China had 59 papers accepted by the ISSCC.

The growth is expected to temper in 2023 due to challenging macroeconomic conditions but is forecast to rebound in the years that follow on strong demand for semiconductors used in data center, automotive and industrial applications.

Tech leaders who spent years eagerly adding to their staffs are now lining up to deliver a different message: Sorry, we grew too fast.

Apple has announced it will invest $450 million from its Advanced Manufacturing Fund to develop the infrastructure that allows off-grid backpackers to call for help when outside mobile coverage.

Beijing's censors have removed viral videos circulating on Chinese social media showing workers at the Zhengzhou facility in central China asking for supplies. Two workers told the Financial Times that the factory failed to deliver food regularly to staff under quarantine.

Merck does not anticipate that a projected decline in smartphone sales this year will weigh on its semiconductor chemicals business, CEO Belen Garijo told Reuters on Thursday, insisting the market remained attractive.

Intel is planning on announcing "targeted" layoffs in November, according to a report late Thursday, citing an internal video shared with employees.

The iPhone manufacturing hub of Zhengzhou locked down one of its most-populated districts to tame a virus flareup, with creeping restrictions throughout China underscoring the constant threat of disruption companies face while the country sticks to Covid Zero.

US regulators will investigate units of Samsung, Qualcomm and TSMC over certain semiconductor devices and integrated circuits and mobile devices using those components, the U.S. International Trade Commission said on Friday.

Shares in major Asian computer chipmakers have slumped after the US announced tough new measures to restrict sales of technology to China. The US said it will ban American firms from selling certain chips used for supercomputers and artificial intelligence to Chinese firms.

While Meta funnels billions into CEO Mark Zuckerberg's pitch for the metaverse, Apple CEO Tim Cook thinks most people couldn't even define the metaverse, let alone spend long periods of time living their lives inside of it.

Interest rate hikes by central banks around the world could trigger a global recession in 2023, the World Bank has said.

Apple's iPhone 14 models contain a Qualcomm chip that can talk to satellites, but have additional custom-designed Apple components used in the phone's biggest new feature, according to an analysis of the phone by iFixit and an Apple statement.

Republican lawmakers have warned Apple that it will face intense scrutiny from Congress if the California company procures memory chips from a controversial Chinese semiconductor manufacturer for the new iPhone 14.

Apple CEO Tim Cook credited Steve Jobs with making privacy a top priority at the company and said he largely still runs the tech giant in the manner of its late co-founder.

European Commission regulators have suggested that smartphones and tablets sold there offer 15 different kinds of spare parts for at least five years, as part of a broad effort to lessen their environmental impact.

China has placed millions of its citizens under renewed lockdown after fresh outbreaks of Covid-19 as the government persists in its hardline policy on containing the virus in the face of more evidence that it is suffocating the economy.

Citi analyst says that the continuing strength of the auto and industrial sectors will wane just like consumer electronics has, predicts 'every company/end market will correct' for chips.

Trademark filings suggest that Apple may be staking claim to potential names for its highly anticipated mixed-reality headset, part of the tech giant's push into its first new product category in years.

Chinese smartphone maker Oppo and its sub-brand OnePlus have halted sales of smartphones in Germany after losing a patent lawsuit with Nokia.

Apple on Wednesday sent media invitations to an event on Sept. 7 in which analysts expect the company to reveal new iPhones, a week earlier than it traditionally holds its fall event.

China's central bank has cut its mortgage rate as officials work to support the crisis-hit property market. The People's Bank of China lowered the five-year loan prime rate (LPR) by 1.5pp, which matches its biggest cut on record.

Apple supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production, state media said on Saturday.

South Korea's early exports barely rose in August as geopolitical risks and central bank tightening weigh on the world economy.

China's Sichuan province has ordered all factories to shut down for six days to ease a power shortage in the region as a scorching heat wave sweeps across the country.

Shipments to iPhone assembler Pegatron's factory in China were being held for scrutiny by Chinese customs officials a day after the company's senior executive met with US House speaker Nancy Pelosi in Taipei.

Samsung Electronics has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending.

Apple reported an almost 11% decline in profit after weathering supply constraints and shutdowns in China, although iPhone sales continued to grow, remaining resilient despite economic challenges.

The US economy has shrunk for the second quarter in a row, a milestone that in many countries would be considered an economic recession.

China's economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers, with its GDP falling by 2.6% sequentially.

A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. All that suddenly changed over three weeks from late May to June, as high inflation, China's latest COVID lockdown, and the war in Ukraine dampened consumer spending, especially on PCs and smartphones.

Instead of using an Exynos SoC for the upcoming Galaxy S23 series, perhaps Samsung should fully embrace Qualcomm.

Apple is previewing a groundbreaking security capability that offers specialized additional protection to users who may be at risk of highly targeted cyberattacks from private companies developing state-sponsored mercenary spyware. Apple is also providing details of its US$10 million grant to bolster research exposing such threats.

South Korea's export growth slowed sharply in June, partly due to a shorter work month but also as a result of softer global demand, as the nation ran a trade deficit for a third consecutive month.