Arm will be selling the 51% of Arm Technology China to a consortium led by Hou An Innovation Fund, which is jointly managed by ARM and Chinese private equity firm Hopu Investments, a source close to the deal told Reuters.

China has launched a probe into Samsung Electronics, SK Hynix and Micron Technology, the three semiconductor makers who control the market for DRAM memory chips.

Micron Technology said Chinese regulatory authority representatives visited its offices in that country, potentially opening another front in a growing trade dispute between the world's two largest economies.

Semiconductor Manufacturing International (SMIC), China's top state-backed contract chipmaker, has placed an order for one set of extreme-ultraviolet lithography equipment, according to people familiar with the matter.

US President Donald Trump has said he wants to help save ZTE, one of China's biggest telecoms companies.

In a move that could further heighten tensions with the US, China is poised to announce a new fund of about CNY300 billion (US$47.4 billion) to spur development of its semiconductor industry as it seeks to close the technology gap with the US and other rivals, according to people familiar with the matter.

China's antitrust regulator has approved Qualcomm's joint venture with a unit of China's state-owned Datang Telecom Technologyto design smartphone chipsets, people familiar with the matter said, a win for the US chip maker amid escalating US-China trade friction.

British chipmaker Arm Holdings, a SoftBank Group subsidiary, will cede control of its Chinese operations to a new joint venture involving itself and Chinese partners, people with familiar with the matter said.

China's state-backed semiconductor fund is near to closing a CNY120 billion ($18.98 billion) investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United States.

The US Justice Department has joined two other agencies probing Huawei Technologies Co for possible violations of sanctions banning sales to Iran, according to two people familiar with the matter.

As a result, without any products to sell and missing the crucial 5G transition revolution, we expect ZTE, a publicly traded company on the Hong-Kong and Shenzhen Stock Exchanges, to file for bankruptcy in the next few weeks.

China's economy grew at an annual pace of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period. The growth figures for January to March were also above Beijing's 2018 annual growth target of "around 6.5%".

China is slowing reviews of multibillion-dollar takeover deals being pursued by Qualcomm and Bain Capital, people familiar with the matter say, as US-China trade tensions escalate.

China's finance ministry said on Friday it has introduced tax breaks for chipmakers made in the country, at a time when the government is seeking to reduce dependence on foreign semiconductors amid trade tensions with the United States over technology transfers.

Fueled by heavy government investment, IC packaging and testing in China generated $29 billion in revenue in 2017.

The Chinese owners of Imagination Technologies have drafted in a microchip industry veteran from a Beijing-backed technology conglomerate, after buying the British company last year.

NXP Semiconductors, the target of a $44 billion takeover by Qualcomm that is awaiting approval by Chinese anti-monopoly regulators, has sold its stake in a Chinese chip-design joint venture.

Samsung Electronics will hold a groundbreaking ceremony on Wednesday for its second memory fabrication line in Xian, China, according to industry sources. A total of KRW8 trillion (US$7.47 billion) will be invested in the construction.

In the deepening trade negotiations between China and the US, the bargaining chips are quite literally chips.

Losses in Chinese tech stocks outpaced their US counterparts on Thursday, with those losses holding into the close after President Donald Trump announced tariffs on tens of billions of dollars' worth of goods from China.

Leaders of Apple Inc., Google and other U.S. technology giants head to China this weekend to pursue a familiar goal: To do more business in the world's most populous nation. The effort has had mixed results, at best, in the past.

China has said it is considering imposing tariffs on US$3 billion worth of US products in retaliation to new tariffs announced by US President Donald Trump. The list of products under consideration by China includes pork, wine, fruit and nuts and stainless steel pipes, among others.

In the latest complication for Qualcomm, China's regulators are seeking more protections for local companies before approving the US chipmaker's proposed purchase of NXP Semiconductors, according to people familiar with the matter. That could jeopardize Qualcomm's bid to survive as an independent company.

Chinese memory chip manufacturers pose no serious threat yet to established players, Micron Technology CEO Sanjay Mehrotra said, citing high barriers to entry for aspiring global suppliers.

China will continue to invest in the development of high-end chips and will monitor the sector to ensure that only products of high quality are manufactured, said the head of the country's national semiconductor fund.

The billionaire founder of Zhejiang Geely Holding Group has accumulated a stake worth about EUR7.3 billion ($9 billion) in Daimler AG, marking the biggest investment in a global automobile manufacturer by a Chinese company.

Chinese display maker BOE Technology Group is embarking on a CNY96.5 billion (US$15.2 billion) production expansion, but local governments will cover the lion's share of the cost, enabling the company to take on South Korean rivals at a time when China is looking to shift the nature of its economic growth to quality from quantity.

Toshiba expects the sale of its $18 billion memory chip business to be completed by June at the latest, if not by an agreed deadline of the end of March, as it awaits antitrust regulatory approval from China.

Globalfoundries has asked Chinese regulators to probe Taiwan Semiconductor Manufacturing Co. for violating antitrust laws, said two industry sources familiar with the matter.

SAIC Motor and Infineon Technologies have announced the establishment of a joint venture to manufacture power modules for the dynamically developing electric vehicle market in China.

China's government aims to raise as much as CNY200 billion ($31.5 billion) to invest in homegrown chip companies and accelerate its ambition of building a world-class semiconductor industry, people familiar with the matter said.

China wants one of its biggest tech unicorns to go public at home.

Samsung Electronics has decided to cooperate with the Chinese government to develop next-generation technologies including artificial intelligence (AI). With China having been putting pressure on Samsung Electronics due to a rise in the price of memory chips supplied to Chinese smartphone makers, some market watchers say that the partnership can settle a series of conflicts between the two.

Leshi last week flagged that it expected a loss of 11.6 billion yuan for 2017 due to the ongoing financial crisis at its founder Jia Yueting's LeEco conglomerate.

Samsung Electronics is expected to sign a memorandum of understanding (MOU) with the National Development and Reform Commission (NDRC), a macroeconomic management agency under China's State Council, this week.

China will fill 15% of its semiconductor needs in 2020 and perhaps 20% in 2022. That's significant growth, but far from the targets of 40% in 2020 and 70% in 2022 that the China government has set.

A plan for a billion-dollar fab in Guangzhou, China, aims to pool investments from fabless companies, creating a built-in customer base. It is the latest addition to a growing list of projects as the country tries to build up its semiconductor sector.

The head of China's second-biggest e-commerce company, JD.com Inc, accused the United States on Wednesday of practising "serious" protectionism against Chinese firms and said this would ultimately backfire on the world's largest economy.

The South Korean chip industry is tightening its monitoring of increasing protectionist moves by China and the US as they are faced with probes and suspicions of price collision.

In an interview with Reuters, Trump and his economic adviser Gary Cohn said China had forced US companies to transfer their intellectual property to China as a cost of doing business there.