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Lionel LimCoinDesk |
On Friday, King Yuan Electronics Co., a Taiwan-based chip testing firm, announced that it was selling its mainland China-based operations, citing...
Beijing reportedly gave Tesla tentative approval to launch its assisted-driving service in China, the EV maker's largest non-U.S. market.
Alex Hungate wants people to think of the Southeast Asian startup as a data science company, not a ride-hailing and food delivery firm.
Huawei's latest smartphone, the Pura 70, features another advanced chip according to a teardown by the consultancy TechInsights.
A stronger U.S. dollar can lead to more pressure on currencies in emerging economies which could then trap their respective central banks in a bind.
While sales of EVs in emerging markets like Southeast Asia are still small, they're growing fast.
Counterpoint Research data shows a 19% year-on-year decline in smartphone sales for Apple in China, versus a 70% jump for Huawei.
Cook visited Vietnam, Indonesia, and Singapore this week, pledging greater investment in all three economies.
The tech rivalry between the U.S. and China could be an opportunity for Malaysia's semiconductor industry to stand out.
“The foundation for economic stabilization is not yet solid,” China's statistics bureau warned on Tuesday.
China's white-collar workers may have "greater willingness to spend,” Ben Cavender, managing director at China Market Research Group, told Reuters.
The U.S. and Europe are increasingly concerned that Chinese subsidies are encouraging overinvestment in sectors like EVs.
New Zealand's government attracted 173,000 non-citizen migrants in 2023, more than double what officials forecast in May 2023.
China has fiercely criticized Western tech controls, saying they constrain the country's "right to legitimate development."
At the Fortune Innovation Forum last week, analysts explained how industrial policy and "fierce competition" helped grow China's EV industry.
Tesla is again the world's top-seller of battery electric vehicles, taking the title back from Warren Buffett-backed BYD.
The phone company's new electric car notched 120,000 orders in just 24 hours.
Wages are rising, inflation is around the 2% range, and the central bank finally ended its negative interest rate cycle.
Cathay Pacific CEO Ronald Lam thinks "triangular competition" between Airbus, Boeing and COMAC will be good for the industry.
The operator of Hong Kong's stock exchange wants listed companies to have at least one woman director by the end of 2024.
“AI has been the lifeblood of most organizations for the last 10 years,” Kathryn McClay, CEO of Walmart International, said at the Fortune...
Beijing quietly released a list of "safe and reliable" processors in late December that only features local companies.
As the news of the DOJ's lawsuit broke, Apple CEO Tim Cook was on the other side of the world, helping to open a new Apple store in Shanghai.
Shares in Lasertec, which has a near-monopoly on inspection services for advanced chipmaking machines, are up over 1800% in the last 5 years.
Pinduoduo and Temu, both owned by PDD Holdings, is winning over customers in both China and the U.S. through low prices.
Li Auto, Nio, and BYD are all pursuing different paths in China's EV market, the world's largest.
Last December, GoTo sold a 75% stake in its Tokopedia platform to TikTok, which faced a government ban on selling goods through social media.
The allegations from China's securities regulator will put Evergrande at the center of a fraud case that dwarfs scandals from Luckin Coffee or Enron.
Xpeng says it's launching new models which will be priced between 100,000 to 150,000 yuan — 50% lower than the price range premium brands operate...
Millennial and Gen Z tourists will be half of Asia's travel market by 2025, says Todd Handcock, Asia head for Priority Pass-operator Collinson Group.
China wants to take a bite out of the global aviation market with COMAC's C919, but it still needs to convince regulators that it's safe.
Despite the promise of billions of dollars, foreign firms are finding the U.S. more expensive than they anticipated.
Both Tesla and BYD are deepening their presence in Southeast Asia as EV growth in China slows down.
Asian governments tried a straightforward approach to boosting birth rates: Give parents money. It's not working.
Nationalist Chinese internet users have attacked foreign brands before. But Nongfu Spring's troubles show that even Chinese brands can get in trouble.
A congressional probe reportedly found cellular modems on cranes from Chinese company ZPMC that could be remotely accessed.
Saudia Arabia is giving the Public Investment Fund an 8% stake in Saudi Aramco worth about $163 billion, nearly the same size as Uber's market cap.
"China EV market is over-supplied," warned Morgan Stanley, as more companies turn to price wars to boost sales.
Toyota is the latest automaker to announce plans to expand in Brazil, following GM, Volkswagen, and BYD.
It's a more aggressive target than the 7% growth goal from outgoing president Joko Widodo.
Tesla sold just 60,365 cars in China in February, the lowest level of sales since December 2022.
"One should not invest in China," warned Goldman Sachs chief investment officer Sharmin Mossavar-Rahmani.
The Chinese EV startup Li Auto sold less than half as many cars in February as it did in December 2023.
Strong corporate earnings and a focus on corporate governance are helping to send Japan's once-slumping stock market to record highs.
Tokyo pledged billions of dollars to support TSMC's new plant in Kyushu, the first stage in what it hopes will be a return to chip leadership.
Other countries aren't happy with Singapore's decision to keep Swift to itself. It's "not what good neighbors do," one politician complained.
Like Apple, Xiaomi has invested billions into getting an electric vehicle to market. The smartphone maker debuted its first car in December.
“We had all sorts of legacy issues to tidy up," says Air India CEO Campbell Wilson, who took over the former state-owned carrier in June 2022.
Riyadh Air CEO Toby Douglas wants to bring a 60s vibe back to aviation—but with "a modernistic Saudi twist."
BYD's European competitors are “afraid they cannot offer a competitive price," BYD Europe president Michael Shu said.
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