US sanctions

Tech

SK Group backs US$140 million fund to bring South Korean chip firms to China

SK Group is putting its money into a new fund designed to help South Korean chip firms set up shop…

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Tech

Tech war: Shanghai injects US$1 billion into chip fund as China strives for self-reliance

The Shanghai Semiconductor Industry Investment Fund (SSIIF), run by the municipal government to support the local chip industry, has doubled…

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New Business

China, Russia could skirt US sanctions with barter-trade deals that ‘break with tradition’

Some local governments in China have been leading discussions and making plans to begin barter trades with Russia amid media…

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New Business

Tech war: China eyes supercomputers for building LLMs amid US sanctions on advanced chips

Leveraging supercomputing technology that China has developed over the past decade could help break the stranglehold of US-led restrictions on…

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Tech

US sanctions on China send Taiwan tech exports to mainland, Hong Kong surging

Taiwanese exports of hi-tech goods to China have accelerated in recent months as Chinese companies look to end their reliance…

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Tech

Huawei sanctions shrink founder Ren Zhengfei’s wealth while Xiaomi CEO Lei Jun’s net worth doubles

US sanctions on Chinese telecommunications giant Huawei Technologies have eaten into founder Ren Zhengfei’s personal wealth, even as opportunities in…

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Tech

Xiaomi founder Lei Jun said US sanction fears spurred smartphone maker’s EV push

Lei Jun, founder and CEO of Chinese smartphone maker Xiaomi, said his fear of US sanctions in 2021 pushed him…

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New Business

Nvidia preparing a version of new Blackwell AI chip for China market, sources say

The sources declined to be identified as Nvidia has yet to make a public announcement. A spokesman for Nvidia declined…

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Tech

Huawei offers rare price cut on latest smartphones after strong showing in shopping festival

Huawei Technologies has made a rare price cut for its Pura 70 smartphones, three months after the series hit the…

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New Business

China, Russia eye stronger cross-border payments as sanctions create ‘time bomb’

Zhang said that financial cooperation between China and Russia was an “important component and reliable guarantee” between businesses in the…

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