China Accuses Trump of ‘Abusing’ Semiconductor Export Controls
China has publicly criticized the United States for what it calls “discriminatory restrictions” in its semiconductor export controls. This comes after the Trump administration accused China of violating a preliminary…
Bank of Korea Cuts Interest Rates for Fourth Time, Signals More Reductions
South Korea’s central bank lowered its policy interest rate by 25 basis points on Thursday, reducing it from 2.75% to 2.5%, marking the lowest level since August 2022. This move…
Temu’s Chinese Owner Reports Sharp Profit Drop Amid Trade War
PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, citing the impact of US trade policies and intense competition in…
Brazil Sues Chinese Automaker BYD Over Alleged ‘Slave-Like’ Conditions
Brazilian authorities have filed a lawsuit against Chinese electric vehicle (EV) manufacturer BYD and two contractors, accusing them of involvement in human trafficking and subjecting workers to conditions “analogous to…
Chinese Tech Giants Reveal Strategies to Overcome U.S. Chip Export Restrictions in AI Race
Tencent and Baidu, two of China’s largest technology companies, have revealed how they are navigating the global artificial intelligence race despite tightened U.S. export controls on key semiconductors. Martin Lau,…
Samsung Eyes $100 Million Investment in Medical Imaging Startup Exo
Samsung’s venture investment arm is considering a stake in California-based medical device company Exo, potentially participating in a funding round valued at up to $100 million, according to Bloomberg sources.…
Nikon Camera Prices Set to Rise June 23 Due to Trump Tariffs
President Donald J. Trump initially allowed some flexibility for businesses regarding his tariffs, but that leniency is fading. More companies are now feeling the impact, including Japanese camera maker Nikon.…
Nintendo Boosts Switch 2 Sales Forecast to 20 Million Units
The Nintendo Switch 2, which already has record-breaking demand, is now projected to sell even more. That’s 20 million units to be exact, according to Bloomberg. The report says Nintendo…
Xiaomi Pledges $6.9 Billion to Develop In-House Chips
Xiaomi, the Chinese tech giant, announced its commitment to invest at least 50 billion yuan ($6.9 billion) over the next decade to develop its own chips, a move aimed at…
US Lawmakers Raise Concerns Over Apple Alibaba Deal
Apple has been in the spotlight recently. Apple’s interest in the partnership suggests the Chinese e-commerce company’s AI technology would soon power new features on Apple’s iPhones sold in China.…
China Imposes Anti-Dumping Duties on Plastics from U.S., EU, Japan, and Taiwan
On Sunday, China’s Ministry of Commerce dropped a major bombshell. They will slap millions of dollars in anti-dumping duties on plastic imports from United States, Japan, Taiwan, and multiple European…
Taiwan President Strengthens Military Resolve Amid Potential Chinese Drills
Taiwan’s President Lai Ching-te visited military bases in Kaohsiung on Friday, expressing gratitude to army engineers and anti-submarine helicopter crews for their dedication ahead of the upcoming Dragon Boat Festival.…
South Korea Postpones Decision on Allowing Google to Move Hi-Res Map Data Abroad
South Korea has postponed its decision on whether to approve Google’s request to transfer high-precision map data of the country’s geography to its international servers. In February, Google sought approval…
Trump Says India Will Charge No Tariffs on US Goods
US President Donald Trump announced that India has proposed a deal to eliminate all tariffs on goods imported from the United States. Speaking at an event in Doha, Trump said,…
Nintendo Switch 2 Can Pause Charging at 90% to Extend Battery Life
The Nintendo Switch 2 will introduce a new software feature designed to help the console’s battery last longer over its lifetime. As with all electronic devices, the battery in the…
Nissan Announces Further Job Cuts and Factory Reductions as Part of Cost-Saving Strategy
Nissan, Japan’s third-largest automaker, just announced that they’ll be cutting even more jobs. Nearly all of them plan to shrink their manufacturing footprint as part of overall companywide cost-saving measures.…
US Reduces Tariffs on Small Parcels from Chinese Companies Including Shein and Temu
In a significant gesture of goodwill on the trade battlefield, President Donald Trump pledged to temporarily cut tariffs. This is the case for all small parcels shipped from mainland China…
Samsung Unveils Thin S25 Edge as Apple Plans iPhone ‘Air’
Samsung on Tuesday introduced a thinner version of its flagship smartphone, the Galaxy S25 Edge, marking an unusually early launch. This release comes as the company seeks to keep its…
Trump Heads to Saudi Arabia to Secure More U.S. Investment
Saudi Arabia’s Crown Prince Mohammed bin Salman is set to meet U.S. President Donald Trump on Tuesday. Their aim is to increase trade and investment prospects between the two countries.…
Trump’s Tariffs and Export Curbs on China Weigh on Major Chip Stocks
Alibaba, the Chinese multinational conglomerate, has tripled down on AI in the last few months with the launch of industry-leading large AI models. This move underscores the growth of Chinese…