Sunday, August 7, 2022

At least four top executives associated with a Chinese state-run semiconductor fund, which has invested $30B in total, have been arrested on corruption charges (Zeyi Yang/MIT Technology Review)

Zeyi Yang / MIT Technology Review:
At least four top executives associated with a Chinese state-run semiconductor fund, which has invested $30B in total, have been arrested on corruption charges  —  The arrests of several top semiconductor fund executives could force the government to rethink how it invests in the sector.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...