Nvidia becomes the first stateside chipmaker to launch a product in China that manages to clear strict U.S. export hurdles aimed at keeping high-end processors out of the territory. Computers with the new Nvidia chip, the A800, are already selling in China. Publicly traded Nvidia had been concerned the export limits could divert hundreds of millions of dollars from its bottom line. In October, U.S. regulators effectively banned shipments of advanced microchips and the equipment required to make them in order to bolster national security and thwart Chinese weaponization. Continue reading Nvidia Offers Advanced Chip to Clear U.S. Export Control List

Shortly after Samsung revealed its Galaxy Fold, a foldable smartphone, Huawei Technologies introduced its competing device, Mate X, at MWC Barcelona (Mobile World Congress). Huawei’s foldable phone features one wide screen that folds in half. Similar to Samsung’s Galaxy Fold, Mate X will function both folded and unfolded, run multiple apps simultaneously and be compatible with 5G networks. It also features a high price point: €2,299, or about $2,600, which is more than one-third higher than the $1,980 Galaxy Fold. Continue reading Huawei Introduces its Mate X Single-Screen Foldable Phone

Apple stock slumped 10 percent last Thursday to $142.19, the company’s biggest single-day percentage drop in almost six years, erasing $74.65 billion from its market value. That came after Apple chief executive Tim Cook warned that China’s economic slump is responsible for slowed-down iPhone sales in the past quarter. China’s wobbling consumer confidence is impacting the entire world economy, however, and Apple has problems beyond China. In India, it’s reaping a mere 1 percent of overall smartphone sales. Continue reading Apple Among Those Impacted by Slowing Chinese Economy