Shenzhen’s bold tech plans for 2024: Aiming high for economic and industrial growth
Shenzhen, often referred to as "China's Silicon Valley," is poised for a robust economic and industrial resurgence in 2024.
Latest Articles by Tushar Aggarwal
U.S. firms in Taiwan forge local partnerships to navigate geopolitical and supply-chain risks
According to the American Chamber of Commerce in Taipei, investments from the United States in Taiwan surged to $932 million last year, marking the highest single-year total since 2008.
MediaTek to launch Dimensity 9400 chipset in Q4, focusing on AI applications
Smartphone chip designer MediaTek is set to unveil its next-generation Dimensity 9400 chipset in the fourth quarter of this year, aiming to bolster support for artificial intelligence (AI) applications, according to CEO Rick Tsai.
Taiwan financial institutions achieve second-highest profit in history despite year-end challenges
Taiwanese financial institutions, encompassing banks, insurance firms, securities, and investment trusts, achieved their second-highest aggregate profits in history, reaching NT$703.6 billion ($22.58 billion), a robust 46.71% increase from the previous year.
Porsche’s emphasis on ASEAN market growth as Korea becomes 5th-largest market
Porsche, the German luxury carmaker, is strengthening its commitment to the Southeast Asian region, particularly the Association of Southeast Asian Nations (ASEAN).
Samsung launches Next-Gen 3D DRAM research lab in Silicon Valley
Samsung's ambition is to pioneer advancements that will enable larger single-chip capacities exceeding 100 gigabits, setting a new benchmark in the dynamic field of memory chip technology.
Chinese construction firms to invest $7 Billion in Congo Cobalt Mine infrastructure projects
Chinese construction companies, China Railway and Sinohydro, are set to invest up to $7 billion in infrastructure projects as part of an agreement tied to their Sicomines copper and cobalt joint venture in the Democratic Republic of Congo.
Chinese Police bust ‘Apple ID Loan’ scams, arresting over 40 suspects exploiting iPhone users
The modus operandi of these fraudulent schemes involved borrowers signing out of their Apple devices and logging back in using an Apple ID provided by the lender. If borrowers failed to make repayments, often at exorbitant interest rates, the lenders would resort to threatening actions such as blocking their devices, contacting their associates, and revealing personal information.
Chinese tech giants, Tencent and Alibaba, invest billions in mainland real wstate amidst sector challenges
Alibaba, another tech giant, recently completed the construction of its new Beijing campus, covering an expansive 470,000 square meters in the business-oriented Chaoyang District.
Federal Reserve’s march interest rate decision in focus as global central banks navigate economic uncertainties
Recent economic data presents a mixed picture for the Federal Reserve. On one hand, the preferred inflation gauge decelerated to 2.9% in December, dropping below 3% for the first time since early 2021. On the other hand, consumer spending remains surprisingly robust, likely benefiting from the downward pressure on inflation.
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