Rui Wang, SVP of Intel Corporation and chair of Intel China said that she expects to see mainland Chinese enterprises in the CPU space become Intel's competitors in the next 3-5 years, during an interview with local media Guancha.cn.

"So far there has not been any local companies that are able to deal a substantial threat to Intel," said Wang. "But in 3-5 years, it will become clear that local companies will emerge as strong rivals." China contributes more than 25% of Intel's revenues.

At present, local CPUs in China can be divided into three camps: Shanghai Zhaoxin Semiconductor and Hygon, which adopt the X86 core licensing model; Huawei's HiSilicon Kunpeng CPU and Phytium Technology in Tianjin, which adopt the ARM instruction set architecture licensing and self-designed CPU cores; and Loongson and Sunway Microelectronic, which develop their own instruction set architecture and IP cores. These three routes show a low to a high degree of independent control, but the ecological maturity is just the opposite, said Guancha.cn.

Wang was confident that Intel's sound Wintel ecosystem is not easy to beat. Although she hopes there will be local companies to compete with Intel in China, "Intel won't be polite, and will exert its power to compete fairly."

The Japanese manufacturer of copier and laser equipment, cameras and camcorders Ricoh has announced the suspension of shipments of its products to Russia.

The company's press release also announced the establishment of a crisis management support team to provide a safe and secure environment for employees and their families in affected areas.

Apple suppliers Foxconn and Unimicron Technology Corp said on Monday they have suspended operations in the Chinese city of Shenzhen, after the tech hub imposed strict measures to stem a COVID-19 outbreak.

Shenzhen, known as China's Silicon Valley, is carrying out mass testing after dozens of new local cases were recorded in the southern city. Officials have suspended public transport and urged people to work at home this week as much as possible. read more

Foxconn, formally known as Hon Hai Precision Industry Co Ltd, said its Shenzen operations would be suspended until further notice, adding it would deploy backup plants to reduce the disruption to production.

Two sources familiar with the matter told Reuters that Foxconn and its subsidiaries' operations in Shenzhen would be suspended for the first half of the week.