China
High-Tech Shortages Loom As Coronavirus Shutdowns Hit Manufacturers
There are now more than 45,000 confirmed cases of the coronavirus dubbed COVID-19 by the World Health Organization, and the disease has caused at least 1,115 deaths. The impact of the virus is now reaching way beyond public health: China is at the heart of global manufacturing, and as supply chains suffer, panic is beginning …
Huawei Continues Steep Global Rise
Huawei attained a record-breaking US$122 billion in revenue in 2019, according a message by Huawei’s rotating chairman Eric Xu. This revenue obtained by Huawei is an 18% increase when compared to that of 2018. A total of 240 million Huawei handsets were sold worldwide in 2019, up by 36 million units from 2018. “These …
When China And Other Big Countries Launch Cryptocurrencies, It Will Kick Off A Global Revolution
One of the hottest topics in cryptocurrencies is the prospect of major economies launching state-backed digital coins. China’s central bank recently accelerated plans for what is currently known as the Digital Currency Electronic Payment (DCEP). It could launch within the next 18 months, while the European Central Bank is looking at something similar. Meanwhile, Russia …
Who’s On The Lead In The 5G Patent Race?
The full integration of 5G in our technological terrain will open a world of new innovations and services, radically changing the way that we experience the world. With this in mind, who is currently in the lead when it comes to generating 5G-related innovations? Let’s find out. This is according to the data of innovative …
How Cold War Rivalry Helped Launch The Chinese Computer
It was the summer of 1959, and the United States needed a Cold War win. In 1957, the Soviet bloc scored a major technological victory with Sputnik 1. The next year, China’s Communist leadership launched the sweeping, and ultimately devastating, Great Leap Forward. In the spring of 1959 in Cuba, Fidel Castro’s guerrillas forced president Fulgencio …