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In late 2020, Alibaba founder Jack Ma also disappeared from public view for three months, after making comments critical of market regulators. Mr Bao's disappearance also comes after a series of cases of high-profile Chinese executives going missing as part of Chinese President Xi Jinping's anti-corruption campaign.
BBC News
The National Integrated Circuit Industry Investment Fund will commit CNY12.9 billion towards Yangtze Memory Technologies, according to a government website that discloses company registration information. The capital infusion from the Big Fund, as Beijing's signature investment vehicle is commonly known, was slated for completion on Januar 31, according to Tianyancha.
Bloomberg
Rare earth elements are a bone of contention in EV supply chains, as it can be hard to secure supplies of them, and a large majority of worldwide production is either sourced or processed in China.
Electrek
Tesla's leadership said Wednesday at an investor event held at the company's factory near the Texan capital that while silicon carbide transistors are key components, "we've figured out a way to use 75% less without compromising the performance or the efficiency of the car."
MarketWatch
HP maintained its annual guidance for cash flow even as it grapples with slumping PC demand, a sign it expects a rebound later in the year.
Bloomberg
The Commerce Department on Tuesday kicked off the application process for semiconductor manufacturing subsidies under the $53 billion Chips Act, along with conditions aimed at advancing some of the Biden administration's priorities.
Wall Street Journal
China has accused the US of overreacting after federal employees were ordered to remove the video app TikTok from government-issued phones.
BBC News
Intel CEO Pat Gelsinger sees the first signs of a turnaround in the company's business during his nearly two years at the helm of the top US chipmaker, he said yesterday. Analysts contacted by EE Times were less optimistic.
EE Times
Since the beginning of this year, Samsung Electronics and SK Hynix have been receiving a surge in orders for high bandwidth memories (HBM).
BusinessKorea
Apple has a moonshot-style project underway that dates back to the Steve Jobs era: noninvasive and continuous blood glucose monitoring.
Bloomberg
Employee doubts are rising about TSMC's US$40 billion investment in an Arizona factory.
New York Times
Forrester Research analyst Rowan Curran told MarketWatch that ChatGPT is an "iPhone moment for AI," citing Apple's reinvention of consumer electronics in 2007.
MarketWatch
According to analysis by Swiss bank UBS, ChatGPT is the fastest growing app of all time. In January, only two months after its launch, UBS analysis estimates that ChatGPT had 100 million active users. For comparison, it took nine months for TikTok to reach 100 million.
ZDNet
Huawei Technologies Co is reportedly co-developing high-end electric vehicles with Anhui Jianghuai Automobile Group Co Ltd, according to a contractor, showing that Huawei is getting increasingly involved in the vehicle industrial chain to grow its revenue. Yu Chengdong, chief executive of Huawei's intelligent automotive solution business unit, said in a reply to news website Paper.com late on Tuesday that the company has no plans to make cars itself. It is partnering with JAC Motors to help the latter produce and sell cars in a better way.
China Daily
US curbs on China's access to advanced technology are killing its viability as a manufacturing base for exports, according to the head of Japan's Kyocera, as one of the world's largest makers of chip components shifts its production elsewhere and invests heavily in facilities at home.
The Financial Times
Major computer chip equipment maker ASML says a former employee in China stole information about its technology.
BBC News
Google has reached a key milestone in designing server processors aimed at reducing the cost of operating its data centers and keeping up with cloud business rival Amazon, according to one person with direct knowledge of the project and one person who was briefed about it. The progress means Google could start using the new chips by 2025, one of these people said.
The Information
By creating chatbot ChatGPT, artificial intelligence research and deployment company OpenAI has democratised AI, but, like all new technological developments, this carries the risk of challenges such as contextual errors, prejudice, information trustworthiness or credibility, analysts say.
Mail and Guardian
While chip sales reached the highest-ever annual total in 2022, the slowdown in the second half of the year substantially limited growth. A deeper dive into the year-end data reveals how this pattern is consistent with the semiconductor industry's predictable cycle and why the current short-term downturn does not change the reality that long-term growth prospects for this foundational technology remain very promising.
SIA
Advanced Micro Devices has captured nearly a third of the market for central processor units while British chip technology firm Arm's rise in the PC market slowed in the fourth quarter of 2022, according to an analyst report.
Reuters
SoftBank's chip technology firm Arm's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to two sources familiar with the situation.
Reuters
It's hard to feel sorry for Silicon Valley tech workers. From high salaries and generous stock options to nap pods and unlimited time off, they're among the most privileged class of employees in the world. Conversely, there's no denying that these pampered staffers engineered a technology revolution that's brought untold economic and social value to the entire planet.
Bloomberg
Apple's earnings were an even bigger disaster than expected thanks to a combination of a stronger US dollar, global economic malaise, and more strife at its China factories. That analysts were unable to model for each of these known factors could signal that problems will persist even after supply returns to normal.
Bloomberg
The job cuts are expected to affect about 5% of its global workforce.
BBC News
Third-party retailers in China are offering discounts of as much as 10% on Apple's iPhone 14 Pro amid sluggish demand for smartphones.
Reuters
The Japanese government is drawing up plans to impose export restrictions on advanced semiconductor-making machines, Kyodo News reported. The move reflects a US-led deal with Japan and the Netherlands to limit the development of China's advanced semiconductor industry.
Bloomberg
Also, Tan said he was considering Intel as a potential new foundry partner, as an alternative to its main supplier, Taiwan-based TSMC.
The Financial Times
Hesai Technology, a Chinese developer of sensor technologies used in self-driving cars, is planning to file for an initial public offering in the US that could raise about US$150 million, according to people familiar with the matter.
Bloomberg
Intel reported a fourth-quarter loss, hurt by a souring market for its chips and growing competition from rivals, as it also issued a gloomy outlook for the current quarter.
Wall Street Journal
According to the agreement, Resonac will supply Infineon with SiC materials for the production of SiC semiconductors, covering a double-digit share of the forecasted demand for the next decade.
Company release
The United States and European Union on Friday announced an agreement to speed up and enhance the use of artificial intelligence to improve agriculture, healthcare, emergency response, climate forecasting and the electric grid.
Reuters
The fight for dominance in the semiconductor sector is reshaping the global economy.
BBC News
Texas Instruments forecast first-quarter revenue and profit largely below Wall Street targets on Tuesday, as an economic downturn threatens to shackle demand from the chipmaker's so far resilient markets.
Reuters
Nintendo plans to increase production of its six-year-old Switch console in the coming fiscal year after shipping roughly 21 million Switch consoles in the year ending March, according to people familiar with the matter.
Bloomberg
Microsoft is contemplating cutting about 5% of its workforce, or about 11,000 roles.
Reuters
Taiwan's exports of integrated circuit chips rose in 2022 for a seventh consecutive year, further solidifying the economy's leadership status in a global semiconductor industry that has been roiled by US-China tensions and diversifying supply chains.
Bloomberg
Apple is set to sign up Chinese contract manufacturer Luxshare Precision Industry to produce premium iPhone models, the Financial Times reported on Wednesday, citing sources familiar with the matter. Luxshare has been producing small numbers of the iPhone 14 Pro Max at its Kunshan plant, to make up for lost production at Foxconn's Zhengzhou factory last year.
Yahoo! Finance
Western Digital has restarted talks with Japan's Kioxia in a deal that could unite two technology storage providers, according to people familiar with the matter.
Bloomberg
Absolics, a subsidiary of SKC, broke ground in November on a planned $600 million investment in Covington, Ga., for a new manufacturing facility that will supply advanced materials to the US semiconductor industry.
PR Newswire
During the CES 2023 show, electric vehicles and robotic tractors take center stage.
Bloomberg
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