Samsung Electronics Appoints New Heads for Memory and Foundry Chip Units
Samsung Electronics has revamped its semiconductor leadership, naming new heads for its memory and foundry chip divisions as it seeks to regain footing in the fiercely competitive AI chip market.…
South Korea Invests in Semiconductor Growth with $10 Billion Loan Plan
South Korea will provide 14 trillion won ($10 billion) in low-interest loans next year to support its chip industry, according to the finance ministry. This initiative, designed to counter growing…
Chinese Ship Suspected of Dragging Anchor to Cut Undersea Data Cables
European authorities are investigating allegations that a Chinese-owned commercial vessel, the Yi Peng 3, intentionally dragged its anchor across the Baltic seabed, severing two critical undersea telecommunications cables. The incidents…
Huawei Debuts Mate 70 Smartphone as US Chip Restrictions Loom
Huawei Technologies has introduced the Mate 70 smartphone series, strengthening its position in the premium smartphone market while highlighting its strategic push towards software independence. The launch event, held Tuesday…
China’s CATL Denies Claims of Suppliers in Xinjiang Region
Contemporary Amperex Technology Co., Limited (CATL), a major Chinese battery manufacturer, clarified on Tuesday that it does not source from any suppliers in the Xinjiang region. The statement came in…
MTN South Africa Teams Up with China Telecom and Huawei on 5G and AI
MTN South Africa has forged a strategic partnership with China Telecom and Huawei, aiming to enhance its offerings in 5G, cloud computing, artificial intelligence (AI), and business solutions. The companies…
Chinese Start-Up’s AI Experiment Goes Viral, Raises Questions About Autonomy
A video of a robot convincing a group of other machines to “go home” has ignited a mix of amusement and unease online, with many pondering the future implications of…
Japan Competition Authorities Raid Amazon Japan Over Anti-Monopoly Concerns
Japan’s Fair Trade Commission (JFTC) carried out an on-site inspection of Amazon Japan on Tuesday, investigating potential violations of anti-monopoly laws. According to a government source, the e-commerce giant is…
EU Faces Stalemate in Talks with China Over EV Tariffs
European Union officials have dismissed claims that a resolution to ongoing trade tensions with China over electric vehicle (EV) tariffs is near. While discussions between the EU and Chinese representatives…
Sony reportedly working on a new portable gaming console
Sony might be preparing to reenter the portable gaming market with a new handheld console, according to a Bloomberg report. This device is expected to support games directly on the…
New Samsung ad mocks Apple’s innovation pace
Samsung has reignited its rivalry with Apple through a new ad targeting the latter’s absence from the foldable phone market. In the “Simon Says” campaign, Samsung takes aim at Apple’s…
Gamers Drive Demand for Esports Hotels in China
In Shenzhen, a bustling city in southern China, a rising trend is transforming the hospitality industry: esports hotels. Zhu Hao, a young office worker, regularly checks into such hotels for…
Hong Kong’s Largest Digital Bank Launches Retail Crypto Trading Service
Hong Kong‘s largest virtual bank, ZA Bank, has launched a new service allowing retail customers to buy and sell Bitcoin and Ethereum directly with fiat currency. The move is part…
South Korea Prosecutors Demand Five-Year Jail Term for Samsung Electronics Chairman
South Korean prosecutors have requested a five-year prison sentence for Samsung Electronics Chairman Jay Y. Lee. The case, tried at an appeals court, revisits allegations surrounding a controversial merger of…
Indian Authorities Dismiss Apple’s Effort to Stop Antitrust Probe
India’s Competition Commission (CCI) has dismissed Apple’s appeal to pause an investigation report that accuses the tech giant of violating competition laws. This decision allows the ongoing antitrust proceedings to…
Reserve Bank of India Expands Cross-Border Payments Platform
The Reserve Bank of India (RBI) is expanding its cross-border payments platform to enable instant settlements, with plans to add new trading partners in Asia and the Middle East. India…
Australia Begins Consultation on OECD Crypto Reporting Framework
Australia’s Treasury Department has launched a consultation paper on implementing the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF). The initiative is aimed at improving tax transparency…
Huawei Targets 100,000 Apps on HarmonyOS Within a Year
Huawei, a leading tech company in China, announced its ambitious plan to host 100,000 applications on its HarmonyOS within the next year. The announcement underscores Huawei’s efforts to build self-reliance…
China’s Wealthiest Man Demands Apology from ByteDance Founder
Zhong Shanshan, the founder of Nongfu Spring Co. and China’s richest individual, has openly criticized two of the country’s tech giants, PDD Holdings Inc. and ByteDance Ltd., blaming them for…
Baidu’s Revenue Slumps as AI Strategy Faces Hurdles
Baidu Inc., a Chinese pioneer in artificial intelligence, reported a 3% decline in revenue for the third quarter, marking its steepest drop in over two years. The company attributed the…