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AseanPlus News

Alibaba unveils first self-developed chip processor as China seeks self-reliance

Alibaba Group on Thursday unveiled its first self-developed chip processor, as Chinese companies move towards self-sufficiency in the semiconductor industry amid the US-China trade war.

Business

Samsung reports lower than expected fall in operating income

Samsung Electronics Co’s quarterly profit more than halved after a global industry downturn and trade tensions hammered demand for its chips and high-end smartphones.