VinFast, an electric carmaker backed by Vietnam's richest man, has received permission to sell EVs in the U.S. ahead of its planned initial public offering.

Sony Group is considering building a new factory to make smartphone image sensors in the Kumamoto prefecture of Japan and sourcing chips from TSMC's planned chip plant in the area.

According to a single report from the Kommersant, the Chinese government has decided to stop the supply of locally manufactured Loongson chips to Russia.

Chinese tech giant Alibaba Group cannot buy some of the most advanced chip designs after the SoftBank-owned British chip tech firm Arm determined that US and Britain would not approve licenses to export technology to China, the Financial Times reported on Wednesday.

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.

IBM and Rapidus, a newly formed chip maker backed by the Japanese government, on Tuesday announced a partnership that aims to manufacture the world's most advanced chips in Japan by the second half of the decade.

SK On, a leading electric vehicle (EV) battery manufacturer, announced that its joint venture (JV) with American auto giant Ford Motor Company held a groundbreaking ceremony for an EV battery manufacturing mega campus in the United States as it embarks on steps to expand leadership in the global EV market.

The Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut Binsar Panjaitan revealed that the government plans to subsidize the purchase of electric vehicles next year. This is done in order to encourage people's purchasing power to own cars and electric motorbikes. According to Luhut, currently the government is finalizing a subsidy scheme of IDR 6.5 million per purchase of an electric motorbike. (Translated by Google)

Vietnam's electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering (IPO) in the United States to list on the Nasdaq under ticker symbol "VFS" to fund its expansion with a planned plant in North Carolina.

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.

During Saturday night's protest in Shanghai - China's biggest city and a global financial hub in the east of the country - people were heard openly shouting slogans such as "Xi Jinping, step down" and "Communist party, step down."

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.

A weak memory market and US sanctions on China semiconductor producers are driving factors behind the expected 19% drop in semiconductor capital spending in 2023.

Hikvision, a leading Chinese surveillance company, has denied suggestions that it poses a threat to Britain's national security after the UK government banned the use of its camera systems at "sensitive" sites.

In a recent interview with the Barron's Tech newsletter, the Tufts history professor argued that American policy makers are still underestimating the significant risks of a possible disastrous outcome over Taiwan.

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.

Samsung Electronics said the global technology industry is in search of alternative sources for advanced semiconductors given rising political risks.

"I think that Elon Musk's cooperation and or technical relationships with other countries is worthy of being looked at," Biden told reporters Wednesday while speaking about the midterm election results.

Toshiba, which is exploring options for a buyout, cut its profit forecast for the year ending March to 125 billion yen from 170 billion yen.

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.

Despite warnings from intelligence agencies, Germany's government is set to approve a Chinese takeover of a German company's microchips production facility.

Chinese cities from Wuhan in central China to Xining in the northwest are doubling down on COVID-19 curbs, sealing up buildings, locking down districts and throwing millions into distress in a scramble to halt widening outbreaks.

The appointments, which were revealed on Sunday, have raised concerns that Xi has surrounded himself with "yes men" as he leads China through what he called the "choppy waters" of the future, some of which are of his own making. The country is facing domestic economic troubles and worsening global tensions as Xi doubles down on threats to annex Taiwan.

Chip-making technology provider Lam Research on Wednesday warned of a $2 billion to $2.5 billion revenue hit in 2023 from US curbs on exports of high-end technology shipments to China.

The latest US salvo in the chip war against China will set back its domestic chipmakers by generations, while global suppliers of semiconductors and fab tools will incur billions of dollars in lost sales because of a giant dent in demand out of China.

Chinese chipmaker Yangtze Memory Technologies Corp has asked American employees in core tech positions to leave, as it rushes to comply with the new U.S export restrictions.

Lead times - the gap between when a chip is ordered and when it is delivered - averaged 26.3 weeks in the period, according to research by Susquehanna Financial Group. That compares with nearly 27 weeks the prior month.

American workers hold key positions throughout China's domestic chip industry, helping manufacturers develop new chips to catch up with foreign rivals. Now, those workers are in limbo under new US export control rules that prohibit US citizens from supporting China's advanced chip development.

The lockdowns, the mass testing, the health code scanning, the quarantine, the travel restrictions are all here to stay for the foreseeable future.

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 chip toolmaker KLA will cease offering some supplies and services from Wednesday to China-based customers including South Korea's SK Hynix in compliance with recent US regulations, a source familiar with the situation said on Tuesday.

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.

Taiwan Semiconductor Manufacturing Co. reported higher-than-expected quarterly revenue, signaling the chip giant is benefiting from market share gains to weather an industry slowdown.

The US Department of Commerce (DoC) added limits on exports of chips and related production tools to China, citing national security concerns. Following the announcement, US Senate Majority Leader Chuck Schumer noted he is pressing for further restrictions.

General Motors Co. outsold Japanese automaker Toyota Motor Corp in the United States in the third quarter, data on Monday showed, but analysts and investors are fretting that a darkening economic picture will lead to a drop in car sales.

Seen as the most promising next-generation solar cell, this technology, called perovskite, is exactly what Japanese start-up Enecoat Technologies is trying to develop.

Top US lawmakers are urging the Biden administration to put Chinese semiconductor company Yangtze Memory Technologies on a blacklist for allegedly violating export controls by supplying Huawei.

Hyundai Mobis, the parts and tech provider for South Korean automakers Hyundai, Genesis, Kia, and others, revealed its North American EV expansion strategy. As demand for electric vehicles continues growing, the sixth largest global parts supplier says having a strong production capacity will be critical, which is why it's rapidly increasing its capabilities.

South Korea's opposition to new rules governing U.S. subsidies for electric vehicles are set to overshadow President Yoon Suk-yeol's first official trip to the United States, disrupting a recent display of alliance strength with Washington.