China


2024-10-28

[News] White House Instructs Pentagon to Boost AI Usage to Counter Competition from China

Under the pressure to speed up AI development, the White House, on October 24th, announced the nation's first-ever strategy for leveraging the power of AI while managing its risks to enhance national security, according to a report by the Washington Post, citing the remarks by national security advi...

2024-10-24

[News] ASML CEO: China Might be Able to Produce 5nm and 3nm Chips amid U.S. Export Restrictions

Netherlands-based chip equipment maker ASML recently announced a reduction in orders for its 2025 forecast, leading to a sharp decline in its shares. The industry is concerned about ASML's revenue from China. According to Wccftech, ASML’s CEO Christophe Fouquet mentioned that China’s typical...

2024-10-23

[News] China’s Youth Unemployment Eases in September, but Economic Challenges Persist

China's youth unemployment rate decreased in September, according to data released by China’s National Bureau of Statistics on October 22. The unemployment rate for 16-24 year-olds, excluding students, stood at 17.6%, down from 18.8% in the previous month, but it remains at a relatively high level...

2024-10-23

[News] Tim Cook Visits China amid Apple Intelligence Rollout Speculation

Apple CEO Tim Cook visited China for the second time this year. According to a report from Commercial Times, his visit may be aimed at boosting Apple’s business in the region, particularly given that Apple Intelligence currently does not support the China version of the new iPhone 16. A report...

2024-10-23

[News] China’s Semiconductor Patents Reportedly Surge over 40% amid U.S. Export Restrictions and AI Boom

China has been in the spotlight lately with its breakthroughs in semiconductors. Following the buzz that SMIC is said to produce 5nm chips for Huawei this year, Xiaomi is rumored to have taped out its first 3nm SoC. China’s efforts can also been seen by the surge of semiconductor patent applicatio...

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