Greater Bay Area’s next-gen chipmakers find ready buyers in Chinese EV industry

Greater Bay Area’s next-gen chipmakers find ready buyers in Chinese EV industry

Semiconductor companies in Guangzhou’s Nansha district are betting on regional synergies in the Greater Bay Area to meet the increasing industrial demand for next-generation chip materials, company executives said at the China Conference hosted by the South China Morning Post on Wednesday. Nansha, located in the south of Guangdong’s provincial capital, is capitalising on local … Read more

ASML-backed Dutch university caught in US-China chip war halts classes after cyberattack

ASML-backed Dutch university caught in US-China chip war halts classes after cyberattack

A top Dutch technical university that is a key talent feeder for chip-machine maker ASML Holding has shut down its computer network after a cyberattack. Eindhoven University of Technology, which is located about eight kilometres (five miles) from ASML’s global headquarters, said there would be no lectures and educational activities at least until Tuesday. Switching … Read more

Wall Street Shares 4 AI Predictions and Top Stock Picks for 2025

Wall Street Shares 4 AI Predictions and Top Stock Picks for 2025

Artificial Intelligence (AI) integration across diverse industries is already paying off for businesses worldwide. Last year’s bullish US stock market rally led by the “magnificent seven” stocks was rewarding for investors who bet heavily on the AI hype. As investments in AI continue to grow, Wall Street is analysing its impact on economies, labour, and … Read more

‘Making the impossible possible’: Huawei’s Meng Wanzhou lauds US-sanctioned firm’s 2024

‘Making the impossible possible’: Huawei’s Meng Wanzhou lauds US-sanctioned firm’s 2024

Over the past six years, Huawei “experienced countless moments of darkness, uncertainty and defeat”, but has also seen “one miracle after another, making the impossible possible”, Meng, daughter of Huawei founder and chief executive Ren Zhengfei, wrote in a message published by the Shenzhen-based firm. Meng, 52, thanked Huawei’s customers, supply chain partners and employees … Read more

Foxconn invests in EV battery plant in China to diversify business beyond Apple’s iPhones

Foxconn invests in EV battery plant in China to diversify business beyond Apple’s iPhones

Major Apple supplier Foxconn Technology Group is injecting 600 million yuan (US$82 million) into a new electric-vehicle (EV) battery plant in Zhengzhou, capital of central Chinese province Henan, where it runs the world’s largest iPhone factory. The company, formally known as Hon Hai Precision Industry, on Monday announced its “long-term investment” in Foxconn New Energy … Read more

Dutch chipmaker NXP, TSMC affiliate plan to expand US$7.8 billion Singapore venture

Dutch chipmaker NXP, TSMC affiliate plan to expand US.8 billion Singapore venture

The Dutch chipmaker and its Taiwanese partner Vanguard International Semiconductor Corp (VIS) on Wednesday broke ground on a joint chip plant in Singapore’s east region. The partners are already working on a phase-two expansion, NXP executive vice-president Andy Micallef told Bloomberg News on the sidelines of the ceremony, though he said that addition has yet … Read more

China’s Xi pitches a ‘shared future in cyberspace’ at internet forum amid decoupling fears

China’s Xi pitches a ‘shared future in cyberspace’ at internet forum amid decoupling fears

Chinese President Xi Jinping is promoting the idea of a “shared future in cyberspace” at the country’s annual internet conference this year amid an intensifying US-China rivalry that has raised concerns about technological decoupling, particularly in artificial intelligence (AI) and semiconductors. The advance of AI technologies has improved humans’ ability to change the world, but … Read more

Why Donald Trump’s win could mean a defence budget nightmare for Taiwan

Why Donald Trump’s win could mean a defence budget nightmare for Taiwan

US president-elect Donald Trump made Taiwan a focal point of his 2024 campaign, advocating increased defence spending by the island and casting a critical eye on its semiconductor dominance. While some Taiwanese officials have dismissed these statements as campaign rhetoric, Trump’s repeated calls for Taiwan to pay “protection fees” and increase its defence spending to … Read more

China’s US$35.5 billion research fund needs more precision to win hi-tech race: minister

China’s US.5 billion research fund needs more precision to win hi-tech race: minister

China’s system of cultivating talent needs an overhaul if it is to serve Beijing’s ambitions to be an education power, while its universities lag far behind their peers in international appeal, the top legislature has heard. Education Minister Huai Jinpeng told a meeting of the National People’s Congress (NPC) Standing Committee last week that the … Read more

China’s spy ministry vows foreign espionage crackdown after strategic metal smuggling case

China’s spy ministry vows foreign espionage crackdown after strategic metal smuggling case

China’s top spy agency said a tip-off led investigators to crack a case of attempted smuggling of gallium – an essential component in military radar units that is subject to export controls – adding that it would continue to work to shut down theft of the country’s strategic minerals by “foreign espionage agencies”. The Ministry … Read more