Jerry Lin

Jerry Lin

The Latest

  • Huawei Unveils MetaERP, Its Cloud-Based In-House Solution for Enterprise Resource Planning
    Huawei
    Chinese tech behemoth Huawei has announced its transition from legacy Enterprise Resource Planning (ERP) systems to its internally developed MetaERP. Huawei CEO Ren Zhengfei previously mentioned the company's switch to in-house operating systems, databases, compilers, and languages, as well as the development of the MetaERP management system during a March 20 ceremony in Shenzhen.
  • Twitter Removes 'Government-Funded' and 'State-Affiliated' Labels from Media Accounts Worldwide
    Twitter
    Twitter has removed the "Government-funded" and "China state-affiliated" labels from the accounts of several international media organizations, including U.S.-based National Public Radio (NPR), British Broadcasting Corp (BBC), and Canadian Broadcasting Corporation (CBC).
  • Indian Court Dismisses Xiaomi's Appeal Against $676 Million Asset Seizure
    Xiaomi
    An Indian court has dismissed a petition by Chinese smartphone manufacturer Xiaomi Corp (1810.HK) challenging the seizure of INR 55.51 billion ($676 million) in assets, according to two sources familiar with the situation.
  • Dollar Set for First Weekly Gain in Two Months Amid Rate Hike Expectations
    A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo.
    The U.S. dollar is on track to achieve its first weekly gain in almost two months as investors increased their bets on the Federal Reserve raising interest rates in May. Meanwhile, an unexpected improvement in the eurozone economy during April has bolstered the euro.
  • Sberbank CEO Reveals Growing Yuan Demand in Russia Amid Currency Swap Utilization
    China will deepen reforms of loan prime lending rate - central bank official
    Sberbank CEO German Gref stated on Friday that the demand for the Chinese yuan is increasing in Russia. He noted that the bank has utilized central bank currency swaps for accessing yuan liquidity. The US dollar had been the dominant currency in Russia since the Soviet Union's collapse in 1991; however, the yuan has gained significant importance over the past year.
  • Chipmaking Equipment Firms Anticipate Surge in China Sales Amid Export Restrictions
     ASML Holding logo is seen at company's headquarters in Eindhoven
    Chipmaking tool manufacturers Lam Research and ASML Holdings NV have expressed their expectations for a surge in sales to China in the coming months, despite U.S. export restrictions on cutting-edge semiconductor equipment.
  • EU Antitrust Regulators Probe Luxury Goods Sector, Gucci Under Inspection
    Wuhan mall
    The European luxury goods industry faces increased scrutiny as European Union (EU) antitrust regulators initiated an inspection at a Gucci facility in Milan on Thursday. The investigation, which encompasses multiple countries, is focused on potential violations of the EU's Article 101, a source with direct knowledge of the matter revealed.
  • AI Arms Race Targets Hardware: Chip Equipment Demand Skyrockets
    China Semiconductor Industry
    The AI boom has triggered an explosion in computing power demand, with GPU testing equipment manufacturers seizing new opportunities as Advantest's stock price soars over 37% this year.
  • Crypto Companies Seek Banking Partners as Major Lenders Withdraw
    crypto
    Following the collapse of three crypto-friendly lenders in the U.S. last month, crypto firms are urgently seeking banking partners, with many turning to smaller financial institutions. U.S. regulators have voiced concerns about the safety of bank business models centered on crypto clients after Silvergate Capital Corp, Signature Bank, and Silicon Valley Bank's implosion.
  • Global Rice Shortage Reaches 20-Year High, Driving Up Food Prices
    Rice Cooker
    The world faces its most significant rice supply gap in 20 years, with major importers and countries experiencing high food inflation likely to be severely affected.
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