United States-based personal computer giant HP said it remains committed to its operations in China after denying a report that it was shifting more production outside the world’s second-largest economy, which sparked fresh scrutiny of the mainland’s manufacturing supply chain. HP – the world’s second-largest PC vendor behind Lenovo Group, according to research firm IDC … Read more
“Memory chips are experiencing a significant impact from the rise of AI, with the main driver currently being the demand for HBM in data centres, but not yet from smartphones,” Simon Woo, managing director and coordinator of Asia-Pacific Technology Research at BofA Securities, told the South China Morning Post on Friday. That is projected to … Read more
Picoheart, a Singapore-based affiliate of ByteDance, earlier this month invested an undisclosed amount to acquire a 9.5 per cent shareholding in state-backed InnoStar, which is headquartered in Shanghai, according to data from company registry information provider Qichacha. That investment was made “in hopes of utilising the memory chips produced by InnoStar in Pico’s VR headsets”, … Read more
