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China

China Allows Samsung Elec Staff to Enter Country for...

China has allowed 200 employees from South Korea’s Samsung Electronics Co Ltd to enter the country to work on an expansion of the firm’s NAND memory chip factory, the company said on Wednesday. Samsung ... April 22, 2020 11:20 am By Neha Mule

Starbucks Updates Plant-Based Lunch Menu by Launchin...

Starbucks Corp said on Monday it would roll out a new plant-based lunch menu in China this week, launching Beyond Meat Inc’s products in a country where it is trying to recover from the novel coronavirus pan... April 21, 2020 6:38 am By Neha Mule

Pinduoduo Invests US$200 Million in Electronics Reta...

Chinese e-commerce platform Pinduoduo has invested US$200 million in Chinese electronics retailer Gome through convertible bonds as part of a plan to integrate Gome’s entire product range, logistics, and cus... April 20, 2020 9:26 am By Neha Mule

Alibaba to Invest $28 Billion in Cloud Infrastructur...

Alibaba Group Holding Ltd said it will invest 200 billion yuan ($28 billion) in its cloud infrastructure over three years – a plan that follows a boom in demand for business software as the coronavirus outbr... April 20, 2020 7:20 am By Neha Mule

Nvidia Gets China’s Approvals for $6.9 Billion Mel...

U.S. chip supplier Nvidia Corp said on Thursday Chinese authorities had approved its $6.9 billion acquisition of Israeli chip designer Mellanox Technologies Ltd, overcoming the last obstacle for the deal annou... April 17, 2020 11:20 am By Neha Mule

Huawei Chip Unit Orders up more Domestic Production ...

Huawei Technologies Co Ltd is gradually shifting production of chip designed in-house away from Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and towards a mainland Chinese firm in preparation for more U.S.... April 16, 2020 12:36 pm By Neha Mule

Renault Quits its Main China Venture After Weak Sale...

French automaker Renault SA is ditching its main passenger car business in China following poor sales at the loss-making venture with Dongfeng Motor Group. Renault Kangoo Z.E. Concept A slowdown in C... April 15, 2020 12:41 pm By Neha Mule

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