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Dow Jones - 9 Dan Strumpf Dan Strumpf - 1 Dan - 1 Gerald Loeb - 1
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Search resuls for: "Dan Strumpf"


25 mentions found


☆ Dan Strumpf — Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
Dan StrumpfDan Strumpf is an award-winning reporter covering technology and corporate news in Asia for The Wall Street Journal. He writes about some of China's biggest tech companies including Huawei and Xiaomi, as well as broader topics like China's semiconductor industry and multinational companies operating in China. In 2018, Dan was part of a team that won the Gerald Loeb Award for international reporting for coverage of China's surveillance state. He previously covered energy and financial markets for the Journal in New York. Before joining the Journal, he worked for the Associated Press covering the automotive industry and other business beats.
Persons: Dan Strumpf Dan Strumpf, Dan, Gerald Loeb Organizations: The Wall Street, Huawei, Journal, Associated Press Locations: Asia, China, New York, Hong Kong
☆ Intel Scraps Tower Acquisition After China Fails to Approve Deal
  + stars: | 2023-08-16 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/intel-scraps-tower-acquisition-after-china-fails-to-approve-deal-f59dd70f
Persons: Dow Jones
☆ China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
  + stars: | 2023-08-16 | by ( Dan Strumpf | Yang Jie | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/intel-scraps-tower-acquisition-after-china-fails-to-approve-deal-f59dd70f
Persons: Dow Jones
☆ China’s Worsening Economy Is Hurting Corporate America
  + stars: | 2023-08-14 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinas-worsening-economy-is-hurting-corporate-america-a3657373
Persons: Dow Jones
☆ China’s Options for Retaliation Are Few After U.S. Investment Ban
  + stars: | 2023-08-11 | by ( Liza Lin | Dan Strumpf | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinas-options-for-retaliation-are-few-after-u-s-investment-ban-f539102e
Persons: Dow Jones
☆ Beijing Area Hit by Deadliest Flooding in a Decade
  + stars: | 2023-08-01 | by ( Rachel Liang | Dan Strumpf | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/beijing-area-hit-by-deadliest-flooding-in-a-decade-73c571fc
Persons: Dow Jones Locations: beijing
☆ China’s Tech Distress Grows as U.S. Chip Sanctions Bite
  + stars: | 2023-07-31 | by ( Dan Strumpf | Clarence Leong | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chinas-tech-distress-grows-as-u-s-chip-sanctions-bite-3022475c
Persons: Dow Jones
☆ Hong Kong Takes Its Crackdown Abroad
  + stars: | 2023-07-14 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/hong-kong-takes-its-crackdown-abroad-e626bb6c
Persons: Dow Jones
☆ Micron, Blacklisted by Beijing, to Pump $600 Million Into China Expansion
  + stars: | 2023-06-16 | by ( Dan Strumpf | Rachel Liang | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/micron-blacklisted-by-beijing-to-pump-600-million-into-china-expansion-6b8d0075
Persons: Dow Jones Organizations: micron Locations: beijing
☆ Corporate America Scales Back Hopes for China Revival
  + stars: | 2023-06-03 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/corporate-america-scales-back-hopes-for-china-revival-e20e62cf
Persons: Dow Jones
☆ Beijing Says Musk Opposes Decoupling of U.S., China
  + stars: | 2023-05-30 | by ( Selina Cheng | Dan Strumpf | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/beijing-says-musk-opposes-decoupling-of-u-s-china-as-tesla-ceo-visits-china-1ce6851a
☆ The New Rules for Business Travel to China
  + stars: | 2023-05-27 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-new-rules-for-business-travel-to-china-f476f7b7
☆ China Sentences American Citizen to Life in Prison for Espionage
  + stars: | 2023-05-15 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
John Shing-wan Leung was tried in the city of Suzhou near Shanghai. Photo: Lintao Zhang/Getty ImagesHONG KONG—Chinese authorities said they sentenced an American citizen to life in prison on espionage charges, in a case that could further strain relations between Beijing and Washington. John Shing-wan Leung, a 78-year-old U.S. passport holder who also holds Hong Kong permanent residency, was found guilty and sentenced on Monday following a trial in the eastern city of Suzhou near Shanghai, according to a court notice.
☆ Foreign Firms in China Squeezed by U.S. Disclosure Demands, Beijing’s Security Clampdown
  + stars: | 2023-05-04 | by ( Elaine Yu | Dan Strumpf | ) www.wsj.com   time to read: 1 min
Mintz Group’s Beijing office was raided by authorities, who detained five of the company’s workers. Photo: greg baker/Agence France-Presse/Getty ImagesHONG KONG—Foreign companies in China are walking a tightrope between their need for business intelligence to comply with proliferating U.S. sanctions and mounting concerns about the risks of carrying out the due diligence required for business on the ground. Authorities recently questioned staff at consulting firm Bain & Co.’s Shanghai office and detained the Beijing-based workers for U.S. due-diligence company Mintz Group. The news has put companies that conduct due diligence and business intelligence in China on heightened alert, with details about the visits scant and uncertainty swirling around what triggered them.
☆ China Locks Information on the Country Inside a Black Box
  + stars: | 2023-04-30 | by ( Lingling Wei | Yoko Kubota | Dan Strumpf | ) www.wsj.com   time to read: 1 min
China’s party-state, long steeped in secrecy, is creating a black box around information on the world’s second-largest economy, alarming global businesses and investors. Prodded by President Xi Jinping ’s emphasis on national security, authorities in recent months have restricted or outright cut off overseas access to various databases involving corporate-registration information, patents, procurement documents, academic journals and official statistical yearbooks.
☆ Chinese Authorities Question Bain Staff in Shanghai
  + stars: | 2023-04-27 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
Bain & Co.’s presence in China includes offices in Shanghai, as well as Beijing and Hong Kong. Photo: hector retamal/Agence France-Presse/Getty ImagesHONG KONG—Authorities visited the Shanghai offices of Bain & Co. and questioned staff, the management-consulting firm said, becoming the latest foreign firm to be targeted in China where authorities have been increasing pressure on selected American and other Western businesses. The Boston-based company said Wednesday U.S. time that it was cooperating with authorities and declined to comment further. Shanghai police didn’t immediately respond to a request for comment on the reason for the visit, previously reported by the Financial Times, which also said police took away computers and phones.
☆ Bain’s Staff in Shanghai Questioned as China Targets Foreign Businesses
  + stars: | 2023-04-27 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
Bain & Co.’s presence in China includes offices in Shanghai, as well as Beijing and Hong Kong. Photo: hector retamal/Agence France-Presse/Getty ImagesHONG KONG—Chinese authorities questioned Shanghai workers at consulting firm Bain & Co., underlining the mounting uncertainties facing foreign executives and businesses operating in China after a series of detentions and investigations. The Boston-based company said Wednesday U.S. time that it was cooperating with authorities and declined to comment further. Shanghai police didn’t immediately respond to a request for comment on the reason for the visit, earlier reported by the Financial Times, which also said police took away computers and phones.
☆ China Spy Law Adds to Chilling Effect of Detentions; Bain Staff in Shanghai Questioned
  + stars: | 2023-04-26 | by ( Chun Han Wong In Singapore | Dan Strumpf In Hong Kong | Chun Han Wong | ) www.wsj.com   time to read: 1 min
China’s espionage law, passed by lawmakers Wednesday, is prompting concerns that Western companies could be required to provide information to Chinese security officials. Photo: PANG XINGLEI/XINHUA/ZUMA PRESSChina rewrote its law against espionage to tighten state control over a wider swath of data and digital activities, an expansion of its power to neutralize perceived foreign threats that raises the risks for businesses operating in the world’s second-largest economy. Foreign executives say the expanded scope and powers of the legislation threaten to turn everyday interactions into national-security offenses and underscore the increasingly hostile environment that many foreign businesses believe they face in the country.
☆ Huawei’s Meng Wanzhou Steps Closer to U.S.-China Tech-War Front Line as Chairwoman
  + stars: | 2023-03-30 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
HONG KONG—Eighteen months ago, she was a high-profile symbol of a bigger tech battle between China and the U.S. Now, she is set to take the helm of a Chinese telecommunications company at the leading edge of the country’s push to break free from dependence on America for key technologies. Meng Wanzhou , chief financial officer at Huawei Technologies Co., is set to begin a six-month rotation as company chairwoman after presenting annual results on Friday in Shenzhen, China.
☆ Huawei’s Meng Wanzhou Steps Closer to U.S.-China Tech War Frontline as Chairwoman
  + stars: | 2023-03-30 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
HONG KONG—Eighteen months ago, she was a high-profile symbol of a bigger tech battle between China and the U.S. Now, she is set to take the helm of a Chinese telecommunications company at the leading edge of the country’s push to break free from dependence on America for key technologies. Meng Wanzhou , chief financial officer at Huawei Technologies Co., is set to begin a six-month rotation as company chairwoman after presenting annual results on Friday in Shenzhen, China.
☆ Huawei Bets on Another Premium 4G Phone
  + stars: | 2023-03-22 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
A Huawei store in Hangzhou, China, earlier this year. HONG KONG—Would you buy a premium-priced smartphone that doesn’t have 5G? Huawei Technologies Co. thinks its customers will, at least in China. More than two years after U.S. sanctions wrecked the Chinese tech giant’s once-dominant global smartphone business, Huawei has stuck with a regular schedule of new flagship phone launches and is gearing up to debut its latest on Thursday.
☆ Xiaomi Billionaire Leads New Fund to Boost China’s Chip Industry
  + stars: | 2023-03-03 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
Xiaomi has managed to avoid U.S. sanctions and has been expanding aggressively overseas in recent years. HONG KONG—Smartphone giant Xiaomi Corp., founded by Chinese tech billionaire Lei Jun , has set up a fund to invest in China’s chip industry, the latest effort to shore up the sector targeted by U.S. restrictions. Xiaomi and software and cloud company Kingsoft Corp. are investors in the 10 billion yuan ($1.45 billion) fund, which is also backed by a handful of government-backed investors, according to a Kingsoft regulatory filing announcing the fund.
☆ Fewer American Companies See China as a Top Investment Priority
  + stars: | 2023-03-01 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
HONG KONG—Fewer U.S. companies consider China a top investment destination following disruptions caused by Beijing’s harsh anti-Covid measures and rising geopolitical tensions, according to an annual survey by a major American business group. U.S. companies are also more pessimistic about their financial outlook there, with more than half saying they didn’t turn a profit last year and more than a third saying their China revenue fell from a year earlier, according to the survey conducted by the American Chamber of Commerce in China.
☆ From McDonald’s to Ralph Lauren, U.S. Companies Are Planning China Expansions
  + stars: | 2023-02-26 | by ( Dan Strumpf | ) www.wsj.com   time to read: 1 min
McDonald’s plans to open 3,000 new stores in China by 2025. HONG KONG—Large American companies from fast food to high-end fashion are increasing their bets on China’s consumers in anticipation of a postpandemic rebound for the world’s second-biggest economy. McDonald ’s Corp. and Starbucks Corp. are opening hundreds of new restaurants.
☆ Berkshire Hathaway Sheds Most of Its Stake in Chip Maker TSMC
  + stars: | 2023-02-15 | by ( Dave Sebastian | Dan Strumpf | ) www.wsj.com   time to read: 1 min
Workers at a TSMC chip factory in Tainan, Taiwan, late last year. Warren Buffett ’s Berkshire Hathaway Inc. sold billions of dollars worth of shares in a Taiwanese chip maker just months after taking a stake in the company. The Omaha, Neb.-based conglomerate cut its position in Taiwan Semiconductor Manufacturing Co. by 51.8 million shares in the last three months of 2022, according to a regulatory filing Tuesday. That was roughly 86% of its investment.
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