Comments from a senior executive of SK Hynix during a subsequent earnings call demonstrated concern for the firm’s business in China.
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China’s Huawei says revenue down 2.2% so far this year
Figures reported by Chinese tech giant Huawei indicate its revenue rose in the latest quarter as infrastructure sales helped to offset damage to its smartphone business from U.S. sanctions …
Hard-drive maker Seagate Tech faces China sanctions warning
Seagate Technology says the U.S. Department of Commerce has warned it may charge the computer hard-drive maker with violating restrictions on exports of high-tech products to China …
China’s Huawei slows its long decline under U.S. sanctions as revenues improve
China’s Huawei Technologies (HWT.UL) reported modest revenue growth for a second quarter on Thursday, citing steady growth in its ICT infrastructure business as it finds its footing after U.S.
China’s Shortage of Pig Feed Set to Ease on Looming Soy Imports
China is reeling from a nearby shortage of soybean meal, an important ingredient for hog feed, which is shown by a hefty backwardation in the futures market on the Dalian Commodity Exchange. Most Read …
Hong Kong could be key for China’s crypto comeback: Arthur Hayes
Arthur Hayes, former CEO of crypto derivatives giant BitMEX, has outlined his belief in a recent blog post that, “When China loves crypto, the bull market will come back”.
Wood farms out 20% of China business
Aberdeen-headquartered contractor Wood has sold 20% of its China outfit Wood China to local Chinese contractor and automation system specialist Zhejiang Supcon Technology. The farm-out is based on the …
China’s smartphone shipments slumped 23% in Jan-Aug
Smartphone shipment is often seen as the bellwether of China’s consumer spending, and right now, the picture isn’t very rosy. The world’s largest market for smartphones shipped 175.1 million handsets …
‘Consumption Downgrade’: Buffets in China Enjoy a Revival
China’s pandemic control protocols, which often lead to lockdowns and business closures, have assaulted almost every sector, with indoor dining one of the most affected. And now buffet restaurants are …
China smartphone shipments slid 11% in Q3, research firm says
SHANGHAI (Reuters) -Smartphone shipments in China fell 11% year-on-year in the third quarter as the country’s slowing economy took a toll on consumer demand, research firm Canalys reported on Thursday …
China’s steadfast economic growth in past decade boon to world
Meanwhile, China has taken a host of concrete steps to improve its business environment and level the playing field for domestic and foreign firms, like rolling out the Foreign Investment Law and …
New Hongqi H6 Might Be The Chinese Luxury Brand’s Best-Looking Model Yet
Those familiar with other Hongqi models will immediately recognize the familiar front fascia of the H6, thanks to the angled headlights which connect seamlessly to the large rectangular grille. Other …
As Europe’s energy crisis bites, is there potential for deepening collaboration with China?
Some analysts say Europe’s energy crisis and a grimmer economic outlook may leave it with no choice but to increase reliance on China, a leader in renewable energy and the world’s top manufacturing …
