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Investors say Geely's Zeekr offer is too low

Investors say Geely's Zeekr offer is too low

Okay, so get this: a bunch of early investors in Zeekr, you know, that fancy electric car company from China's Geely? Yeah, well, they're kinda annoyed. Apparently, Geely offered to buy back Zeekr for $2.2 billion, but these investors, like big names such as CATL,

Good News for Apple? iPhone Sales Creep Up in China

Good News for Apple? iPhone Sales Creep Up in China

Hey, so guess what? Foreign phone sales in China, like iPhones and stuff, actually went up a tiny bit in April. Yeah, I know, after things were kinda slow there for a while, especially in the first few months of the year. It's according to this data from

US Export Rules Hit Chip Software Companies Like Synopsys

US Export Rules Hit Chip Software Companies Like Synopsys

So, get this, Synopsys, you know, the chip design software folks? They totally pulled back their financial outlooks, like, the very next day after putting them out. Wild, right? This all happened because of these new rules the US put in place about selling stuff to China. They're

China's Tech Giants Look to Homegrown Chips

China's Tech Giants Look to Homegrown Chips

So, get this: China's biggest tech companies are starting to use their own chips now. Why, you ask? Well, it seems like they're running low on those fancy Nvidia processors, and the U.S. is making it harder to get them. Big names like Alibaba, Tencent,

Foreign Phone Sales in China Bouncing Back? (Maybe!)

Foreign Phone Sales in China Bouncing Back? (Maybe!)

Hey, so get this, it looks like folks in China were buying a few more foreign phones in April! Yeah, like iPhones and stuff. It was a tiny bump, just from 3.50 million phones last year to 3.52 million this year in April, according to some data from

US Export Rules Cause Uncertainty for Synopsys and Chip Software Companies

US Export Rules Cause Uncertainty for Synopsys and Chip Software Companies

Okay, so get this. Synopsys, that's the company that makes software for designing computer chips, totally pulled back their money predictions for the year and the next few months. This happened just a day after they put them out! Why? Well, the U.S. put new rules on

Nvidia Worries About US-China Tech Fight Despite Amazing Growth

Nvidia Worries About US-China Tech Fight Despite Amazing Growth

So get this, even though Nvidia had another amazing quarter, like, sales shot up 69%, they're still kinda worried. Their boss, Jensen Huang, was pretty happy about President Trump getting rid of an old rule about sending their chips overseas. But, tbh, the company's official papers