China

Apple drops commission rates in China without a fuss

by

Apple is dropping its commission rate in the App Store in China to 25% from 30% following discussions with the Chinese regulator, the company said Thursday. The new 25% commission will apply to paid apps and in-app purchases, while a lower 12% commision (down from 15%) will be charged for auto-renewals of in-app purchases after … Read more

China reportedly has a prototype EUV machine built by ex-ASML employees

by

A report from Reuters claims that scientists in China have created a prototype of a machine that could eventually be used to produce semiconductor chips capable of powering artificial intelligence. Sources told the publication that a team in Shenzhen completed the prototype of an extreme ultraviolet lithography machine earlier this year and it is allegedly … Read more