Asia
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People's Bank of China official Guo Shuqing says the government's two-year clampdown on financial units at Alibaba, Tencent, Didi, and others is winding down (Nikkei Asia)
Nikkei Asia: People’s Bank of China official Guo Shuqing says the government’s two-year clampdown on financial units at Alibaba, Tencent,…
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Sources: Dell plans to stop using chips made in China by 2024 and tells suppliers to significantly reduce the number of China-made components in its products (Cheng Ting-Fang/Nikkei Asia)
Cheng Ting-Fang / Nikkei Asia: Sources: Dell plans to stop using chips made in China by 2024 and tells suppliers…
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China-based Freetech Intelligent Systems, which creates software and hardware for autonomous vehicles, raised a ~$100B Series B led by Chaos Investment (Shadine Taufik/Tech in Asia)
Shadine Taufik / Tech in Asia: China-based Freetech Intelligent Systems, which creates software and hardware for autonomous vehicles, raised a…
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TSMC's planned Arizona chip plant is catalyzing real estate development in northern Phoenix, bringing in hundreds of skilled workers from Taiwan, and more (Cheng Ting-Fang/Nikkei Asia)
Cheng Ting-Fang / Nikkei Asia: TSMC’s planned Arizona chip plant is catalyzing real estate development in northern Phoenix, bringing in…
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Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023, weeks after cutting its workforce by 30% (Bloomberg)
Bloomberg: Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023,…
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Japanese manufacturer Kyocera plans to invest ~$9.78B in semiconductors through March 2026, roughly doubling its expenditure from March 2020 to March 2023 (Eisaku Nitta/Nikkei Asia)
Eisaku Nitta / Nikkei Asia: Japanese manufacturer Kyocera plans to invest ~$9.78B in semiconductors through March 2026, roughly doubling its…
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Sources: in a first, Apple plans to move some MacBook production to Vietnam in 2023, asking Foxconn to begin as early as May, to further diversify from China (Cheng Ting-Fang/Nikkei Asia)
Cheng Ting-Fang / Nikkei Asia: Sources: in a first, Apple plans to move some MacBook production to Vietnam in 2023,…
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Huawei licenses key 5G tech to Oppo, amid a US crackdown, and says it has patent cross-licensing deals with 20 companies, including extended deals with Samsung (Cheng Ting-Fang/Nikkei Asia)
Cheng Ting-Fang / Nikkei Asia: Huawei licenses key 5G tech to Oppo, amid a US crackdown, and says it has…
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