China

US Places Restrictions on Chinese biggest chipmaker SMIC

The US places restrictions on China's biggest chipmaker, SMIC. The Semiconductor Manufacturing International Corporation (SMIC) might no longer be able to import technology from the US it uses for manufacturing chips. The Trump administration fears the use of US technology will...

TikTok selects Oracle as its partner for US operations

ByteDance, the parent company of TikTok based in China, has decided to partner with Oracle Inc for its US operations after rejecting Microsoft's acquisition offer. The social company had to make a rushed decision as it nears 20th September's deadline...

How bad COVID-19 has hit the tech industry

The novel coronavirus COVID-19 so far has a devastating impact on the U.S. and many other state's economies. As all the affected countries are trying to stem the spread of the virus, life seems to be slowly grinding to a halt....

Foxconn expects to bring workers back to work by the end of March

Foxconn is bringing its workers back to work to resume the normal production in China by the end of March. More than half of the workforce has already started working following the coronavirus outbreak.  The Taiwanese firm, Foxconn,...

Toyota invests $400 million in Pony.ai for Level 4 autonomous cars

Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has funded $400 million into Pony.ai, followed by Sequoia, KUNLUN, IDG Captial, and ClearVue...

MWC 2020 is canceled as tech companies back off over coronavirus

MWC 2020 organizers, GSMA, announced that the Mobile World Conference is not going to happen this year. After that, several tech companies declared they would not be attending the annual trade show due to coronavirus, the association has officially canceled the show on...

Companies are pulling out of MWC 2020 amid coronavirus concern

Earlier this month, many telecom and tech companies dropped their plans to exhibit in the Mobile World Congress, which is going to be held in Barcelona. The drop out lists continues to long as the fear of coronavirus outbreak by the GSMA....

Nintendo Switch deliveries are late because of coronavirus

Nintendo breaks the news of the delay in the production and shipment of its Switch consoles to Japan due to the coronavirus epidemic. The company apologized to the current situation and informed that monitorization is being done soon will update.

Xiaomi India teases for the upcoming Redmi 9, Redmi Note 9 series

The Chinese tech company Xiaomi has plans to launch the successor of Redmi 8 in the first quarter of 2020. Redmi 9 is now part of the new smartphone leaks. According to the news by Android Authority, the upcoming Redmi device is power-packed with...

Tesla takes $1.4 billion loan for Shanghai factory from Chinese banks

A group of Chinese banks has agreed to provide a loan to Tesla Inc. of more than 10 billion yuan ($1.4 billion), a five-year loan facility, to help further set up the gigafactory in Shanghai, China. China Construction Bank (CCB),...

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Epic Games, the company behind the widely played game Fortnite, uses another court filing to get back at Apple. Epic continues to maintain its focus on antitrust...