China’s top memory chip maker YMTC on cusp of… YMTC is poised to become a tech leader in its market segment after releasing ‘the first 200+ layer 3D NAND Flash’…
China’s chip output records biggest monthly… October saw the largest single-month decrease in semiconductor manufacturing output on the mainland since records…
Chinese chip firms going out of business in… As many as 3,470 companies – including entities that use the Chinese word for ‘chip’ in their brands or operations…
Savers at risk as China’s small banks face… A debt crisis in the property sector and an economy hobbled by a zero-Covid policy have left small lenders…
Travellers flee China’s tech hub Shenzhen as… Key districts in Shenzhen, including Nanshan, where Tencent Holdings is based, has been put under semi-lockdown…
Swedish fast-fashion giant H&M back on… H&M’s return to Tmall marks an initial step to help restore the company’s lustre in China, where it has borne…
Alibaba sheds nearly 10,000 employees in June… The reduced payroll reflects Alibaba’s renewed efforts to cut expenses and drive up efficiency, as the company…
Alibaba joins hometown Hangzhou in new… The joint initiative will see the development of a number of cross-border e-commerce brands and enterprises.…
Ride-hailing giant Didi still awaits Beijing’s… One year on, there has been no official update from Chinese authorities about the progress of Didi Chuxing’s…
Global smartphone shipments to shrink in 2022… Total smartphone shipments are expected to reach 1.36 billion units this year, down from 1.39 billion in 2021.…