China

Biden Signs Bill to Boost U.S. Chips, Compete with China

President Joe Biden on Tuesday signed a landmark bill to boost U.S. chips and provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China’s science and technology efforts. “The future is going to be made in America,” Biden said, calling the […]

Baidu Bags China's First Fully Driverless Robotaxi Licenses

China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country. The permits, awarded by the southwestern municipality of Chongqing and the central city of Wuhan, allow commercial robotaxis to offer rides […]

China Successfully Launches a Pilot Reusable Spacecraft - State Media

China successfully launched a pilot reusable spacecraft with its Long March-2F carrier rocket on Friday, state media CCTV reported. The unidentified spacecraft, which was launched from China’s Jiuquan Satellite Launch Center, will return to a planned landing site after operating in the orbit for some time to provide technical validations for reuses, CCTV said. China […]

China's Memory Upstart YMTC Edges Closer to Rivals with 232-layer Chip

Chinese chipmaker Yangtze Memory Technologies Co Ltd (YMTC) on Wednesday announced new memory chip technology, 232-layer chip, that would help it catch up with rivals Micron and SK Hynix, just as Washington considers steeper curbs on Chinese semiconductor companies. The company unveiled its fourth-generation 3D NAND chip, the X3-9070, and its first to feature 232-layer […]

As US Eyes New China Chip Curbs, Turmoil Looms for Global Market

Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply chains – and hurting U.S. businesses. Reuters reported on Monday that the United States is considering limiting shipments of American chipmaking equipment to memory chip producers in China […]

Attacks on Taiwan Websites Likely Work of Chinese 'Hacktivists' - Researchers

Digital attacks against Taiwanese government websites ahead of U.S. House of Representatives Speaker Nancy Pelosi’s arrival in Tapei on Tuesday were likely launched by Chinese activist hackers rather than the Chinese government, a cybersecurity research organisation said. The website of Taiwan’s presidential office was targeted by a distributed denial of service (DDoS) attack on Tuesday […]

Shenzhen Accelerates China's Driverless Car Dreams

On a busy downtown street, three delivery bikes suddenly dart over the pedestrian crossing ahead of the car. On the car’s dashboard, they look like small 3D blue blocks from a 1990s video game. The steering wheel turns itself a notch and the vehicle slows to a gentle halt, while the safety driver looks on […]

China Watchdog Says Is Probing the Head of Chip-focused Big Fund

China’s corruption watchdog said it was investigating the head of the country’s largest state-backed chip investment fund, just over two weeks after it announced a similar probe into a former executive linked to the fund. Ding Wenwu, the head of China Integrated Circuit Industry Investment Fund, also known as the “Big Fund”, is “suspected of […]

Alibaba Added to SEC's Delisting Watchlist, Shares Fall

Alibaba Group Holding Ltd on Friday became the latest company to be added to the U.S. Securities and Exchange Commission’s list of Chinese companies that might be delisted. Alibaba’s shares were down 11 percent at $89.37 at the closing bell, ending the month 21.4 percent lower. The e-commerce giant’s shares were already feeling the pressure […]