China's ambitions for semiconductor self-sufficiency thwarted by lack of chipmaking tools
China is scrambling to counter U.S. chip restrictions, but its attempts at manufacturing key equipment reveal it's not just a matter of spending billions.
Manufacturing asian news
China's industrial profits plunge by 17.8% in August from a year ago
China's industrial profits plunged by 17.8% in August from a year ago in their largest decline in more than a year, National Bureau of Statistics data showed Friday.
Swiss central bank cuts rates by a quarter point in third trim this year
The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%.
India wants to become a semiconductor powerhouse, but it can't do it on its own
India has big ambitions to become a semiconductor powerhouse as the world's fifth-largest economy pushes for self-reliance in manufacturing.
SK Hynix shares jump as company announces mass production of updated AI chip
SK Hynix shares surged more than 9% Thursday morning after the company said it has started mass production of a new version of its high-bandwidth memory chips and aims for delivery by year-end.
Not just China, Trump 2.0 could spell trouble for U.S. allies as he doubles down on tariff talk
Donald Trump, who has been doubling down on his tariff-heavy trade policy, appears to have shifted the focus of his protectionist agenda from China to some of the closest U.S. allies.
To Lam tells Biden Vietnam a ‘friend’ as Hanoi seeks to balance US-China ties
US President Joe Biden met Vietnam’s President To Lam for talks on Wednesday, aiming to deepen relations with the Southeast Asian country and manufacturing hub and counter its ties with China and Russia.
Shein makes rare job cuts in Singapore as London IPO remains in limbo
More than 20 employees are affected by the lay-offs that are part of a restructuring of its global IT research and development centre, the company said in a statement to the South China Morning Post. The workers were notified on Wednesday.