Committed US$1.4 trillion to state program supporting R&D in key enabling technologies. China has set up a US$1.4 trillion state program that will support R&D in key enabling technologies over the next five years to rid itself of dependency on the US. These include semiconductors, artificial intelligence (AI), robotics, 5G…
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US election outcome has numerous implications for global tech industry
The election results could also have major implications for ongoing trade negotiations between the US and China. The outcome of the Presidential and Congressional elections in the US has serious repercussions for the technology industry that will reverberate not just in the US but globally, according to GlobalData. These repercussions…
Read MoreChina will dominate APAC cloud computing market revenue over next five years
Demand comes from enterprises who want to manage the large amounts of data they generate. China will continue to dominate the Asia-Pacific (APAC) cloud computing market during the period 2019-2024 with one-third revenue market share, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model,…
Read MoreChinese Government pursues global data security initiatives
Full details of initiative to establish global standards on data security by the CCP. Despite global condemnation of Hong Kong’s new National Security Law, to shake up digital surveillance in the city, the Chinese Communist Party plans to pursue global data security initiatives. State Councillor and Foreign Minister Wang Yi…
Read MoreHuawei and industry partners look at how into how 5GDN industries
Discusses the key 5GDN requirements of smart grids using specific cases. Huawei and other 5G Deterministic Networking Alliance (5GDNA) members such as, the China Southern Power Grid; Guangdong Planning and Designing Institute; Global Energy Internet Research Institute; State Grid Qingdao Electric Supply Company; Beijing Sifang Automation; NARI Group Corporation; China…
Read MoreData Centre switches rebounded in China
A combination of things helped boost the revenue. Data centre switch revenue showed a strong recovery in China during the second quarter, growing nearly 30 percent year-over-year (YoY). However, revenue outside of China declined at a steeper rate than first quarter of 2020, according to a recent report by Dell’Oro…
Read MoreChina and Japan lead in AI spending in the APAC region
Worldwide spending on AI is expected to double in four years, reaching US$110 billion in 2024, according to IDC. Global spending on artificial intelligence (AI) is forecast to double over the next four years, growing from US$50.1 billion in 2020 to more than US$110 billion in 2024. According to the…
Read MoreGoogle shuts down cloud project, says no plan to offer cloud services in China
Projects shelved in politically sensitive countries. (Reuters) – Alphabet Inc’s Google said it has shut down its cloud project named “Isolated Region” and added that it was not weighing options to offer its cloud platform in China. Earlier in the day, Bloomberg News reported, citing two employees, that Google had…
Read MoreIndia holds up imports of Chinese tech
Several companies such as Apple and Dell have been battling to free stuck shipments. By Aditya Kalra and Sankalp Phartiyal NEW DELHI (Reuters) – India’s additional scrutiny of imports from China has disrupted operations at plants owned by Apple supplier Foxconn in southern India, three sources told Reuters, and other…
Read MoreEricsson says not sourcing products from China’s Panda Electronics
Ericsson would “always analyse the potential effects of new national legislation or administration orders. STOCKHOLM (Reuters) – Ericsson is not sourcing products from Panda Electronics Group, one of the companies named by the United States as potentially controlled by the Chinese military, the Swedish telecom gear maker said on Tuesday.…
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