Intel wants a bigger bite of China's smartphone market.The US chipmaker has announced plans to invest up to Rmb9bn (about $1.5bn) for a minority stake in Tsinghua Unigroup, a government-affiliated private equity fund that controls Chinese chip designers Spreadtrum Communications and RDA Microelectronics.The US company plans to work with RDA and Spreadtrum to increase the use of its products inside made-in-China mobiles and tablets.This is the latest by Intel chief executive Brian Krzanich to get Intel chips into phones.

Huawei Technologies is designing the communications architecture for a new generation of “autonomous” cars which will be connected to the high-speed internet, according to Eric Xu, the company’s chief executive.The Chinese telecoms equipment maker hopes to have a series of technologies based on fifth-generation mobile networks commercially viable by 2020.The company, which rivals western telecoms equipment manufacturers led by Ericsson and Alcatel-Lucent, is allocating $600m in research and development spending for

Scientists have created an ultra-fast computer chip which is 20 times faster than current desktop computers.Modern PCs have a processor with two, four or sometimes 16 cores to carry out tasks. But the central processing unit (CPU) developed by the researchers effectively had 1,000 cores on a single chip.The developments could usher in a new age of high-speed computing in the next few years for home users frustrated with slow-running systems.Scientists used a chip called a Field Programmable Gate Array (FPGA), which can

BEIJING, Nov. 9 (Xinhua) -- While China is known as the "world's factory," seemingly capable of making everything, semiconductor chips have been conspicuously absent on the "Made in China" list.Statistics show that China's chip imports in 2013 grew 20.5 percent to reach 231.3 billion U.S. dollars, exceeding imports of other goods, including crude oil. In fact, they have consistently topped China's import list over the past decade.Considered "the heart" of all electronic devices, chips are vital for developing the broader information industry.

Emerging market equities have not had a congenial summer. Since Ben Bernanke, chairman of the Federal Reserve, broached the subject of tapering the Fed’s asset purchasing programme back in May, they have notably underperformed developed world equities. It looks suspiciously as though the emerging market growth story is tarnished.The story was, in truth, over-hyped. The suggestion emerging markets could somehow decouplefrom the developed world and deliver self-sustaining high growth rates for the forseeable future was

During nearly eight years running the Federal Reserve, Chairman Ben Bernanke's signature style has been managing by consensus. He has given colleagues wide latitude to speak their minds at closed-door Fed meetings and in public. He also has worked behind the scenes to find common ground among the 18 other strong-willed Fed governors and regional bank presidents when he has had to make big policy decisions.With Mr. Bernanke expected to give up thehelm when his term ends in January, his leadership style,and the style

Pursuing an MBA degree is the ambition of many young white-collar workers who graduated from university a few years before. They’ve accumulated some professional experience and saved a bit of money – prerequisites for most MBA programs.An MBA degree is a good springboard for those who want to switch to another career or climb to a higher position. The learning experience can be rewarding and practical. That’s because MBA programs develop employees’ management skills, while also teaching them basic or even advanced

Turkey’s central bank unexpectedly raised rates to buttress its wilting currency as policy makers across the developing world scrambled to stem the turmoil rattling emerging markets.The interest rate rise helped the Turkish lira to rally against the US dollar, but elsewhere in emerging markets the turmoil continued unabated. The FTSE Emerging Markets index shed a further 1 per cent to fall to its lowest level in a month, and borrowing costs rose higher across the developing world.The fresh uncertainty came as figures showed how waning

The EU is to “urgently review” relations with Egypt and will consider suspending aid to the country, as international concern mounts about an escalation in violence following last week’s crackdown on Islamist protesters. EU officials said the review was likely to recommend a suspension of various forms of aid and loans in total worth €5bn, which had been earmarked to help Egypt in its transition towards democracy following the popular revolution that ended the military regime of Hosni Mubarak two years ago. Suspension would require the

The 20 biggest emerging market currencies tumbled against the US dollar yesterday with India’s rupee particularly badly hit amid mounting market turmoil in the developing world. The rupee slumped to an all-time low against the backdrop of deepening concerns over the government’s economic management. The 2.4 per cent fall to a record 63.2 to the dollar took the currency’s slump against the US dollar this year to 12 per cent.Yesterday’s moves in India came alongside grim news from emerging economies and further evidence of