On December 3, 2024, China imposed its most stringent set of critical mineral restrictions after the United States not only slapped export controls on 24 types of chipmaking equipment and three categories of software essential for semiconductor development, but also added 140 Chinese companies to the export control list. While these measures and countermeasures have … Read more
China is stepping up export controls on items that can be used for both military and civilian purposes, in what observers called “a timely move” that safeguards the country’s national security against a set of external hostilities. No details were released of the regulation that was approved last week by the State Council to control … Read more
US chip giant Nvidia said it has started shipping alternative samples of permissible artificial intelligence (AI) chips to Chinese customers, as Washington’s restrictions on sales of advanced semiconductors to the mainland begin to take a toll on its business in China. Nvidia reported upbeat results for its fourth quarter ended January 28 on the back … Read more
United States Commerce Secretary Gina Raimondo said her department is exploring how to force cloud companies to disclose when a foreigner taps their computing power to fuel artificial intelligence (AI) applications, signalling the next phase of the tech war between Washington and Beijing. “We’re beginning the process of requiring US cloud companies to tell us … Read more
Shanghai-based AMEC said in a regulatory filing on Sunday that its 2023 revenue is expected to reach 6.26 billion yuan (US$879 million), up 32.1 per cent from the previous year, on the back of strong domestic demand. The company said it recorded 8.36 billion yuan worth of new orders, a 32.3 per cent year-on-year increase. … Read more
