Search results for "China"

Taiwan to Follow SWIFT Move, Sends Medical Aid to Ukraine

Taiwan will join moves to block some Russian banks from the SWIFT international payments system and has sent humanitarian aid to Ukraine to show support for the international “democratic camp”, the government said on Tuesday. Taiwan has joined with Western-led allies in putting sanctions on Russia for its invasion of Ukraine, and expressed cross-party sympathy […]

Huawei Commits to Consumer Markets with 'Smart Office' Launch

China’s Huawei launched seven new “Smart Office” products, including a top-end laptop and its first printer and e-ink tablet, on Sunday, underlining its commitment to consumers after U.S. trade restrictions severely hit its mobile business. Consumer Business Group CEO Richard Yu, speaking in a video presentation ahead of the Mobile World Congress, said the products […]

Chinese Tech Giant Tencent Pledges Carbon Neutrality by 2030

China’s Tencent Holdings Ltd said on Thursday it plans to have its operations and supply chain achieve carbon neutrality by the end of the decade. The company, whose businesses range from messaging app WeChat to games and cloud-based services, is also committing to using green power for 100 percent of its electricity use by 2030. […]

Limited Impact on Chips yet as Russia Invades Ukraine, Future Uncertain

Large chip companies so far predict limited supply chain disruption from the Russia-Ukraine crisis, thanks to raw material stockpiling and diversified procurement, but some industry sources worry about the longer-term impact. One of the worst security crises in Europe in decades is unfolding, with Russian President Vladimir Putin on Thursday authorising a military operation in […]

U.S. Adds E-Commerce Sites Operated by Tencent, Alibaba to 'Notorious Markets' List

E-commerce sites operated by China’s Tencent Holdings Ltd and Alibaba Group Holding Ltd were included on the U.S. government’s latest “notorious markets” list, the U.S. Trade Representative’s office said on Thursday. The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy. […]

Huawei to Invest $632 Million to Build New Digital Energy HQ in Shenzhen

Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as the Chinese telecoms giant diversifies amid U.S. pressure. Huawei Digital Power signed an agreement on Thursday with the local government of the southern metropolis of Shenzhen, where […]

India Expands Chinese Tech Apps Ban, Increasing Geopolitical Tension

In its latest move to expand its banned list of Chinese applications, India has placed tech companies in a much more difficult position for operational oversight in South Africa. India’s Ministry of Electronics and Information Technology added 54 Chinese tech companies to its list of banned companies under security pretenses, according to the Economic Times on Monday. […]

U.S. Charges Chinese Company Hytera for Conspiring with ex-Motorola Staff to Steal Technology

The U.S. Justice Department said on Monday it has criminally charged China-based telecommunications company Hytera for conspiring with former Motorola Solutions Inc employees to steal the American company’s digital mobile radio technology. In a partially redacted indictment unsealed in the North District of Illinois, the government alleges that Hytera Communications Corp recruited Motorola employees to […]

U.S. Lawmakers Pass COMPETE Act to Support Chip Manufacturing

The U.S. House of Representatives passed on Friday the $300 billion America COMPETES Act directed at supporting technological investments to compete with rivals in its semiconductor manufacturing.  The Act will deliver extensive subsidies for manufacturing and research, all while improving the pre-existing U.S. trade policy as the country stands in a manufacturing face-off with China’s […]