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A startup incubator on the outskirts of Shanghai is laying out sweeteners for budding entrepreneurs: Free office space, subsidised housing rent, tax breaks and in some cases, cash of up to 200,000 yuan (RM124,756).
Taiwan tech giant Hon Hai said Wednesday it has pulled out of a deal to buy 4G equipment from Huawei after the government warned that the Chinese company posed a national security threat.
Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6bil (RM1.23bil) in a deal that would expand its presence in Taiwan's fledgling 4G telecoms market.
Three HTC Corp design executives were arrested on suspicion of leaking trade secrets, sending the Taiwanese smartphone maker's shares tumbling on Monday as its troubles deepened amid a wave of senior staff departures and disappointing sales.