China’s microchip companies could fall “at least five generations behind” their U.S. rivals due to President Joe Biden’s export controls on semiconductor technology, a top fear for Chinese executives.
Tagged By mobile
China Mobile forecasts continued 5G gains
China Mobile booked sales growth in all business units during H1 and forecast continued strong 5G adoption after adding 130 million network customers during the period. Our website uses cookies to …
China’s Big Three Carriers Log Large Leap in Profit in First Half, Buoyed by Cloud, Digitization Services
China Mobile logged a 8.4 percent jump in net profit in the six months ended June 30 to CNY76.2 billion (USD10.5 billion) while revenue climbed 6.8 percent to CNY530.7 billion (USD73.8 billion), …
Brokers Post-result TPs, Views on CHINA MOBILE (00941.HK) (Table)
Brokers│Ratings│TPs …
China accuses U.S. of blocking its development of technology
BEIJING–China accused Washington on Thursday of trying to block its development after President Joe Biden stepped up a feud over technology and security by tightening controls on U.S. investments that might help Beijing develop its…
US fuels tech trade war with China, banning AI, chip, and quantum system investments
US President Joe Biden is escalating the tech trade war with China with an executive order to restrict investment in specific sectors including semiconductors and microelectronics, quantum information technologies,
China’s three major telecom operators unveil strong H1 results, highlighting innovation
China’s three major telecom operators China Mobile, China Unicom and China Telecom have released their business performance reports for the first half of 2023, highlighting positive growth driven by …
China’s Tech Giants Spend $5 Billion Buying Crippled Nvidia GPUs
As the Financial Times reports, the spending spree was triggered by speculation that the US government could impose even stricter export controls on China. Currently, Chinese companies can’t purchase Nvidia’s A100 GPU and must instead…
Hong Kong stocks trade at near 3-week low as US investment curbs in China risk fuelling geopolitical tension
Hong Kong stocks hovered at the lowest level since July 24 after Washington’s measures on restricting investments in China rekindled concerns about geopolitical risks.
China Unicom forecasts double-digit profit growth
China Unicom set a bold target of double-digit gains in profitability for the full year, driven by growth in its private 5G and cloud businesses, as it revealed its performance for H1.
Joe Biden’s China strategy is not working
President Joe Biden unveiled his latest weapon in America’s economic war with China. New rules will police investments made abroad by the private sector, and those into the most sensitive technologies …
China taps thinner coal seams as energy security drives push for fossil fuel
The coal seam shearer, developed by the Shanghai Research Institute of China Coal Technology and Engineering Group Corporation (CCTEG), can be used on a coal bed as thin as 1.3 metres (4.3 feet), according to…
US effort to replace China-made cellular modules over ‘security concern’ may backfire: analysts
Chinese industry analysts said that the latest US attempts to bar China-made modules from use in the US telecommunication network due to a so-called national security threat are groundless and will …