China: Apple’s device supplies in China tumbled 19 per share in the first quarter of the year, the worst performance since 2020, as its dominance in the high-end category came under pressure from Huawei’s new product launches, industry data showed. Apple’s share in the country’s biggest device market fell toContinue Reading
Hong Kong’s audit watchdog Accounting and Financial Reporting Council ( AFRC ) said on Friday ( Apr 19 ) it would investigate PricewaterhouseCoopers ‘ ( PwC ) management in auditing China Evergrande Group over a whistleblower report circulating in the media. The statement raised significant questions about possible alleged shortcomingsContinue Reading
According to state media, Chinese President Xi Jinping has called for advances to be made to separate China from what it has called” stranglehold technology” for a decade, with seven of them being related to electronics.
A teacher from Peking University was seen telling his students that if China were to completely research, create, and create the high-speed coach system on its own, according to their study in a widely circulated video on Chinese social media platforms.
Without unrestricted access to the global supply chains for electronics, you China’s device ambitions come correct?
Even as China tries to push its superior manufacturing sector, a recruitment consultant claimed there is a skill gap.
China wants to be seen as the gateway and spoke within the Asian markets for international companies that want to engage in manufacturing capacity, according to Ms. Jaya Dass, managing director of the recruitment firm Randstad Asia-Pacific.” China wants to see that advancement provides greater efficiency and productivity, not just from its own labor force.
China is having a hard time finding the appropriate skills in this field, though. Its labor supply market is failing to improve its digital and automated skills. ”
KUALA LUMPUR: Malaysia’s market is estimated to had grown 3. Official advance figures released on Friday ( Apr 19 ) showed that growth in the services sector contributed to a 9.5 % increase in the first quarter of 2024 from a year earlier. The Statistics Department’s preliminary estimates contrasted withContinue Reading
The Mate 60 Pro’s release in August led to a rise in Huawei’s device income. According to studies strong Opposition, in the first six months of 2024, Huawei saw product sales fall by 64 per cent year-on-year. However, Apple’s phone sales in China fell 24 per share during the sameContinue Reading
Taiwanese semiconductor monopoly TSMC announced on Thursday ( Apr 18 ) a nearly 9 % increase in net profits for the first quarter of 2024, helped by the demand for its microchips, which power everything from mobile devices to AI technology. More than half of the country’s silicon chips, knownContinue Reading
BEIJING: Ratings agency Fitch said on Wednesday ( Apr 10 ) it had downgraded China’s sovereign credit outlook to negative, citing increased risks to the country’s public finances, in a move Beijing swiftly called “regrettable”. Chinese authorities have struggled for months to start up economic growth as a result ofContinue Reading
China’s export-focused government would benefit from reducing excess industrial capacity, which is putting strain on other countries, according to US Treasury Secretary Janet Yellen’s statement on Friday ( April 5 ) on the subject. During a attend to China, Yellen stated in notes to an American Chamber of Commerce thatContinue Reading
India’s market for companies expanded at a record pace in March despite robust demand, according to a private enterprise survey that also showed that work increased at the fastest rate in seven times and trade organization expanded at a record rate. The last HSBC India Services Purchasing Managers ‘ Index,Continue Reading
BEIJING: After chipmakers from TSMC to UMC halted some businesses and relocated people, analysts predict that Taiwan’s biggest disaster since 1999 will probably cause some disruption to Asia’s silicon supply chain. Nine people were killed and 800 were hurt in Taiwan’s eastern coast on Wednesday morning, near Hualien County, inContinue Reading