Categories semiconductor

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China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we have several heavy-hitting rumors swirling around, from Huawei’s chips for cars to Tencent’s potential buyout of its […]

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China’s BYD nabs $113M to produce IGBTs, the ‘CPU of electric cars’

BYD Co., the Chinese auto giant backed by Warren Buffett, is rushing to make China self-sufficient in the production of electric vehicles. On Monday, the firm said in a filing it has secured 800 million yuan ($113 million) in a Series A+ round for its chipmaking arm, BYD Semiconductor. At stake […]

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China Roundup: Alibaba to add 5,000 staff to cloud unit

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we have updates from Alibaba’s rapidly growing cloud computing unit, Apple’s controversial decision to remove two podcast apps […]

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UK government reverses course on Huawei’s involvement in 5G networks

Conservative members of the United Kingdom’s government have pushed Prime Minister Boris Johnson to draw up plans to remove telecom equipment made by the Chinese manufacturer Huawei from the nation’s 5G networks by 2023, according to multiple reports. The decision by Johnson, who wanted Huawei’s market share in the nation’s […]

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SoftBank expects $24 billion in losses from Vision Fund, WeWork and OneWeb investments

The Japanese technology conglomerate SoftBank Group said it would lose a staggering $24 billion on investments made through its Vision Fund and bets on the co-working real estate company WeWork and satellite telecommunications company OneWeb. Ultimately, the company expects the losses to help generate a $7 billion total loss for […]