Tag: china

Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron

Despite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that develops semiconductors to give devices artificial intelligence capabilities by using edge computing, just got funded by Delta Electronics, a Taiwanese supplier of power…

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China expresses concern over its absence in India’s 5G trials

China expressed concern on Wednesday over India’s move to not grant any Chinese firm permission to participate in 5G trials in the world’s second-largest internet market as the two neighboring nations struggle to navigate business ties amid their geo-political tensions. India’s Department of Telecommunications earlier this week approved over a…

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India grants approval for 5G trials, avoids Chinese firms

Indian telecom ministry on Tuesday said it has granted several telecom service providers permission to conduct a six-month trial for the use and application of 5G technology in the country. New Delhi has granted approval to over a dozen firm spanning multiple nationalities — excluding China. Among the telecom operators that…

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Is Washington prepared for a geopolitical ‘tech race’?

When Secretary of State Antony Blinken and National Security Advisor Jake Sullivan sat down with Chinese officials in Anchorage, Alaska for the first high-level bilateral summit of the new administration, it was not a typical diplomatic meeting. Instead of a polite but restrained diplomatic exchange, the two sides traded pointed…

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Apple sales bounce back in China as Huawei loses smartphone crown

Huawei’s smartphone rivals in China are quickly divvying up the market share it has lost over the past year. 92.4 million units of smartphones were shipped in China during the first quarter, with Vivo claiming the crown with a 23% share and its sister company Oppo following closely behind with…

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China’s e-commerce giant JD.com starts paying some staff in digital yuan

China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has started paying some staff in digital yuan, the virtual version of the country’s physical currency. China has been…

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