China’s largest chipmaker SMIC rose to third spot in global foundry revenue in the first quarter, according to Counterpoint Research.
Monthly Archives For May 2024
TikTok says it removed an influence campaign originating in China
TikTok said it removed thousands of accounts belonging to covert influence operations, including the second largest such network detected from China.
China’s Food Security Dream Faces Land, Soil and Water Woes
In stark contrast to Beijing’s projections, the U.S. Department of Agriculture (USDA) sees China’s corn imports in 2033/34 roughly in line with current levels and wheat imports declining 20%. In the …
AI-Driven Optical Network Technology Transformation: China FIBERTalk 2024 Takes Place in China’s Optics Valley
Co-hosted by the Fiber Network Council APAC (FNCA) and Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), China FIBERTalk 2024 was held in China’s Optics Valley on May 17th. The …
Apple offers biggest-ever iPhone discounts in China as annual ‘618’ shopping festival begins
Apple is offering unprecedented price cuts in China as big brands and retailers launch promotions for the annual “618” shopping festival in the face of sluggish consumer demand. The hefty discounts by …
JPMorgan says China can’t be ignored: ‘you have to do business there’
China is too big to be sidelined, and investors “have to do business there,” said JPMorgan’s Asia Pacific CEO, Sjoerd Leenart.
China’s Lenovo extends revenue growth streak, beats expectations
China’s Lenovo Group reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the world’s largest maker of personal computers (PCs) exits a demand slump following the aftermath of the COVID-19 pandemic.
China State Media Warns on Speculative Trading in Special Bonds
China’s state media urged investors to refrain from engaging in speculative trades in the latest special sovereign bond, as an illiquid part of the market saw a retail buying scramble Wednesday.
China Unicom Baotou and Huawei Complete World’s First Test of MAGICS LH Microwave Backhaul Solution
The Baotou Branch of China Unicom Inner Mongolia and Huawei have completed the world’s first commercial test of the pioneering MAGICS LH long-haul microwave solution in Baotou, Inner Mongolia.
DIGITAL CHINA Subsidiary Wins Bidding of China Mobile’s Intelligent Computing Centre Procurement Project at RMB2.47B
has won the bidding of Bid Package 12 for China Mobile’s Intelligent Computing Centre (Pilot Network) 2023-24 Procurement Project. The project covers artificial intelligence servers and ancillary …
Australian wine pours back into China as tariff-free shipments surge to over US$10 million in April
China imported over US$10 million of wine from Australia in April, up from US$126,000 a year earlier, after it lifted punitive import tariffs at the end of March.
SMM: China’s bauxite imports in April hit a record high for a single month, up 20% MoM
According to the General Administration of Customs of China, in April 2024, China imported 14.2376 million mt of bauxite, setting a new record for monthly imports, up 20.02% MoM and up 18.84% YoY.
Beijing tourism bureau partners with Sina Weibo to elevate cultural and tourism offerings
In a significant development, the Beijing Municipal Bureau of Culture and Tourism sealed a strategic cooperation framework agreement with the popular microblogging platform Sina Weibo in Beijing on …
ADVERTISEMENT
