Defying US pressure, China ramps up chipmaking machinery imports by 14% in 2023, spends $40b

In a bid to circumvent US-led restrictions on its semiconductor industry, China significantly increased its imports of chipmaking equipment in 2023, spending up to $40 billion, according to a Bloomberg…

Continue ReadingDefying US pressure, China ramps up chipmaking machinery imports by 14% in 2023, spends $40b
Read more about the article Chinese state telecom carriers seek new growth via cloud services
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Chinese state telecom carriers seek new growth via cloud services

HONG KONG -- As the fervor over 5G gradually recedes, the three Chinese state-owned telecom operators are seeking new revenue sources beyond traditional telecommunications, including cloud services."We have made it…

Continue ReadingChinese state telecom carriers seek new growth via cloud services