TikTok is preparing to enter Japan’s online shopping market within the next few months, according to a report by the Nikkei newspaper.

Meta Platforms is laying off employees from its Reality Labs division, affecting teams within Oculus Studios, the company confirmed Thursday.

Shanghai-based semiconductor firm Montage Technology reported a 135.14% increase in net profit for the first quarter of 2024, driven by rising global demand for AI-related memory chips.

Intel has reportedly placed orders with Taiwan Semiconductor Manufacturing Co. for its advanced 2-nanometre process, marking a significant step in its next-generation processor development.

Huawei Technologies is preparing to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, according to two people familiar with the matter.

Apple's smartphone shipments in China fell 9% year-on-year in the first quarter, making it the only major manufacturer to report a decline, according to research firm IDC

Nvidia Chief Executive Officer Jensen Huang reaffirmed the importance of the Chinese market during a visit to Beijing on Thursday, amid tightened U.S. export restrictions on artificial intelligence chips.

Advanced Micro Devices Inc. (AMD) said new US export restrictions on semiconductors to China could cost the company as much as USD 800 million.