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![[News] NXP Reportedly Eyes Local Foundry Partner to Boost Full Chipmaking in China](https://news.charm-retirement.com/wp-content/uploads/2025/07/NXP-Hamburg-Germany-624x416-600x400.jpg "[News] NXP Reportedly Eyes Local Foundry Partner to Boost Full Chipmaking in China")
Amid rising U.S. export controls and looming tariff risks, Dutch chipmaker NXP is doubling down on its China localization strategy—“In China, For China, For the World.” According to Chinese outlet Jiemian, the company now plans to partner with a local foundry to manufacture its chips entirely within China. Citing remarks from Xiang Zhou, Marketing Director…
US President Donald Trump said on Thursday that a phone call earlier in the day with Vladimir Putin resulted in no progress at all on efforts to end the war in Ukraine, while a Kremlin aide said the Russian president reiterated that Moscow would keep pushing to solve the conflict’s “root causes.” The two leaders…
In this two-part series we take a look at Hong Kong’s efforts to boost its tourism industry. Part one examines the government’s moves to reinvent tourism with nine hotspot attractions and whether they will make a difference. Tourist Jessie Wu was enthralled and swept up in nostalgia as she made her way through an exhibition…
Massive fireworks supplier says tariffs forced company to eat millions in added costs – CBS News Watch CBS News With the Fourth of July comes sky-high demand for fireworks, but this year, soaring tariffs could dull the show. Elise Preston reports. Be the first to know Get browser notifications for breaking news, live events, and…
In contrast to the perception that Beijing has placed a lot of “guardrails” on AI, China’s AI regulation so far has been limited. The first half of 2025 has witnessed a wave of artificial intelligence adoption in China. The speed and extent of this trend has exceeded previous technology waves, such as the internet in…
China’s Foreign Minister Wang Yi reportedly told the EU’s top diplomat Kaja Kallas on July 3 that the country cannot afford for Russia to lose the war in Ukraine amid fears the U.S. would shift focus towards Beijing, the South China Morning Post (SCMP) reported, citing sources familiar with the conversation. As the war in…
Assateague Island, Maryland — The shoreline of Maryland’s Assateague Island is a familiar place for surfer Zack Tyndall. A former firefighter paramedic, Tyndall often helped beachgoers there — but now, as the mayor of nearby Berlin, Maryland, he says safety isn’t guaranteed. “I don’t want to see anybody drown,” Tyndall told CBS News. “We had…
Beijing cannot afford to see Russia lose the Ukraine war, because it needs America focused on Moscow and Kyiv — and away from the Pacific, China’s top diplomat told his EU counterpart, according to a new report. Foreign Minister Wang Yi allegedly shocked European officials at a Brussels meeting Wednesday when he dropped all pretenses…
The US House of Representatives passed Donald Trump’s sweeping tax and spending bill on Thursday, handing the president the first major legislative victory of his second term, with the bill expected to supercharge immigration enforcement and slash federal safety net programs. For decades, Republicans have argued that the US would be better off if taxes…
Goldman Sachs Group Inc. claimed top ranking in Hong Kong equity sales for the first time since 2013, riding a wave of billion-dollar deals in the city after three years of lackluster activity. So far this year, Goldman is given credit for $5.6 billion in initial and secondary offerings, beating runner-up UBS Group AG by…