Top Chinese companies have tumbled in market cap, with 12 firms dropping out of the 2022 Hurun Global 500, a list of the 500 most-valued, non-state-owned firms in the world. According to the 2022 report released by the Shanghai-based Hurun Research Institute on Dec. 9, the United States leads the world with a total of 260…
TSMC Surpasses Tencent as Highest Value Company in Asia, as Top Chinese Firms Drop From Global 500 Ranking
December 19, 2022
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Intel to Produce Taiwanese Company MediaTek’s Chips
OAKLAND, Calif—U.S. chipmaker Intel Corp. said on Monday it will produce chips for Taiwan’s MediaTek Inc., one of the world’s largest chip design firms. The manufacturing arrangement is one of the most significant deals Intel has announced since it launched its so-called foundry business early last year. A foundry business builds chips that other companies…
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