Spy catchers in Taiwan have launched multiple probes into around 100 Chinese companies suspected of illegally poaching semiconductor engineers and other tech talent, said a senior official from Taiwan’s Investigation Bureau. Home to tech giant including TSMC, Taiwan accounts for 92%… Read More ›
SMIC
Biden Administration expands ban list prohibiting US entities to invest in Chinese companies
In a development that marks the expansion of the scope of the previous US Administration, US President Joe Biden banned US entities from investing in a couple of Chinese companies with alleged links to the Chinese military, through an executive… Read More ›
Trump Administration bolster ban on U.S. investors funding Chinese military modernization
In a statement the White House said, U.S. President Donald Trump has signed an executive order which further strengthens the November ban on U.S. investments in companies which are allegedly controlled or owned by the Chinese military curbing their access… Read More ›
SMIC’s joint-CEO resigns marking setback for company’s future technology progress
On Wednesday, China’s SMIC, the country’s biggest chipmaker said, it is aware that Mong-song Liang, intends to resign from the board. His role in the company was that of co-chief executive. SMIC is working to verify Liang’s plans to leave… Read More ›
S&P Dow Jones Indices delists Chinese-military backed companies
On Thursday, in a significant development, S&P Dow Jones Indices said it would delist Chinese companies including Hikvision from its products, becoming the latest stock exchange to do so following the U.S. Administration ordering restrictions on the purchase of their… Read More ›
Chinese tech companies continue to hum despite coronavirus pandemic
On Monday, Huawei Technologies Co Ltd stated, production at its consumer devices and carrier equipment divisions have resumed and are working normally. Huawei is among other Chinese tech companies who are continuing to keep their factories running despite the Chinese… Read More ›