Third meeting of Economic Working Group also covered financial cooperation within the G20 framework, industrial policies and debt issues.

TSMC’s second chip fabrication plant in Japan marks a major victory for Prime Minister Fumio Shikida, as his government seeks to boost domestic production of integrated circuits.

Chinese flash memory giant YMTC denied it has ties with the Chinese military, saying it is in talks with Washington to address the allegation after it was named on a US Defence Department blacklist.

Nvidia’s new H20 chip set for direct competition with Huawei’s Ascend 910B, as AI competition heats up in China.

Such a national approach to the artificial intelligence boom stands to drive an expansion of data centres that would need Nvidia’s know-how and hardware.

Facebook owner Meta Platforms plans to deploy into its data centres this year a new version of a custom chip aimed at supporting its artificial intelligence push, according to an internal company document.

Keeping advanced production at home allows companies to take advantage of better cost-efficiency and a more stable labour supply, analysts say.

An investigation by the China Securities Regulatory Commission found the 2023 financial disclosures of Beijing Zuojiang Technology to be ‘seriously untrue’.

South Korea’s headline exports rose 18 per cent in January, beating expectations, on the back of strong memory chip exports, which leapt 56.2 per cent.

Loongson and Cambricon estimate deep losses for 2023 as analysts say strict US sanctions and limited product catalogues at Chinese firms are hindering domestic chip development.

Premier Li Qiang visited hi-tech manufacturing companies during a two-day trip to the central province of Shaanxi province on Monday and Tuesday, urging firms to increase investment in research and development.

Shares of the tech giants slipped in late trading on Tuesday after they delivered 2023 results and forecasts for the current quarter, as Wall Street seeks more clarity on AI’s impact on financial performance.

Investments in Taiwan from the United States reached US$932 million last year, up from US$398 million in 2022 and hitting the highest single-year total since 2008, according to official Taiwan figures.

Hearing is held to build on President Joe Biden’s executive order banning US investments in four Chinese tech sectors; witnesses urge lawmakers to use existing authorities rather than create new mechanisms.

Beijing is pushing a ‘whole-of-the-nation’ approach to focus resources on tech breakthroughs in key areas amid rising pressure from the US.

The Biden administration wants such disclosures in an effort to detect foreign actors that might use artificial intelligence to launch ‘malicious cyber-enabled activity’.

Dialogue slated for first quarter of 2024 to bring government and private sector together in working group focused on trade and investment disputes.

China demand for chip tools has proven resilient despite intensified US sanctions that aimed to cut off the country’s access to advanced machines.

Nvidia founder Jensen Huang met with TSMC founder Morris Chang and CEO C.C. Wei over dinner in Taipei to discuss chip supply.

The recognition comes as Prime Minister Narendra Modi tries to portray India as Asia’s next manufacturing hub as some supply chains move away from China.

SK Hynix, which in December became South Korea’s second-most valuable company, reported a surprise operating profit boosted by strong sales of high-end memory chips used to power AI applications.

Newly unveiled initiative would create five pilot-scale facilities to turn China’s research and development and innovative ideas – from laboratories and research papers – into commercially viable applications.

Order bookings rose to €9.19 billion in the fourth quarter from €2.6 billion in July to September in a sign of recovery for the chip industry.

Large-scale chip testing in orbit is crucial for the space ambitions of China, which believes its biggest competitive pressure no longer comes from Nasa but from private space companies.

Analysts says Jensen Huang’s tip to the mainland is a goodwill gesture to an important market but unlikely to solve chip firm’s issues amid US-China geopolitical hostilities.

A memory chip plant located halfway between Seoul and Beijing illustrates the tough choices South Korean business leaders and policymakers face as they try to limit the damage from the US tech war with China.

December was not kind to Taiwanese manufacturers, and for all of 2023 the island’s export orders shed 15.9 per cent, year on year, to US$561 billion.