SCO & BRICS latest news and insights
Huawei has achieved a fourth consecutive quarter of growth in profits. In the first three months of 2024, the company's profits reached 19.6 billion yuan ($2.7 billion), representing a 564% increase compared to the same period last year. Sales growth was also impressive, reaching 37% to 178.8 billio...
By Timur Fomenko
For years, the US has been pressuring the Netherlands to comply with technology restrictions on the export of advanced lithography machines to China. These machines, produced by the Dutch firm ASML, use lasers to create circuits for microchips.
Although ASML is a world-leading c...
By Rhod Mackenzie
A growing number of Chinese organisations and state-backed companies across the country are banning employees from bringing iPhones and other foreign devices to work, Bloomberg reports. This unprecedented ban could reduce the market share of Apple Inc. and Samsung Electronics Co....
By Rhod Mackenzie
Baidu, a Chinese entity, has been procuring chips from US-based company Nvidia for a prolonged period. The ongoing technological friction between Beijing and Washington, coupled with US Department of Justice's sanctions on Chinese corporations, has resulted in the Chinese firm s...
The US and China are currently entangled in an undeclared technological war, with both countries exchanging blows. Following the US's tightening of the exports of advanced chips to China, including those designed for the Chinese market, Beijing has responded by intensifying controls on the export of...
By Rhod Maceknzie
The US government intends to introduce fresh measures this week to further impede Beijing's acquisition of cutting-edge chips and production equipment. These latest restrictions aim to bolster the prohibition measures set in place precisely one year ago, in October 2022. Specific...
