Dutch seized Nexperia over fears Chinese owners planned to move chip production to China

Dutch seized Nexperia over fears Chinese owners planned to move chip production to China

The Dutch government believed chipmaker Nexperia’s Chinese owners planned to move its manufacturing operations to China, prompting the unprecedented seizure of the company that has sent shock waves through the global tech world. Earlier this month, authorities seized control of Nexperia’s management and ousted its Chinese CEO, Zhang Xuezheng, citing national security concerns. In response,…

Read More
Super Typhoon Ragasa disrupts iPhone production, cross-border e-commerce in southern China

Super Typhoon Ragasa disrupts iPhone production, cross-border e-commerce in southern China

Super Typhoon Ragasa disrupted production of Apple’s iPhones in Shenzhen and crucial pre-holiday shipments by cross-border e-commerce merchants, as the year’s strongest storm barrelled towards southern China with heavy rain and hurricane-force winds. The world’s largest electronics contract manufacturer, Foxconn Technology Group, on Tuesday suspended assembly work at its Shenzhen unit – the innovative Product…

Read More
Explainer | Pouring over the facts: what is behind Hong Kong’s water procurement scandal?

Explainer | Pouring over the facts: what is behind Hong Kong’s water procurement scandal?

Hong Kong police have arrested a married couple suspected of being at the centre of a rapidly unfolding controversy surrounding a HK$52.9 million (US$6.8 million) contract to supply drinking water to some government offices. The pair allegedly defrauded the government and are suspected of breaching the Trade Descriptions Ordinance by providing false information about the…

Read More
Hong Kong university entrance exam courses offered at over 70 mainland Chinese schools

Hong Kong university entrance exam courses offered at over 70 mainland Chinese schools

More than 70 schools in mainland China are offering Hong Kong’s university entrance exam courses, with some operators planning for further expansion given the curriculum’s growing demand, the Post has found. The rising popularity of the Diploma of Secondary Education (DSE) also prompted calls for Hong Kong authorities to internationalise the assessment launched in 2012…

Read More