BRIEF: SMIC’s fourth-quarter revenue jumps, but profit falls
Semiconductor Manufacturing International Corp. (0981.HK; 688981.SH) said on Tuesday its revenue jumped 31.5% year-on-year to $2.21 billion in last year’s fourth quarter from $1.68 billion a year earlier on strong…
Tianyu Semiconductor seeks IPO cash infusion in turbulent market
The maker of silicon carbon (SiC) wafers used to make automotive chips said its revenue contracted in the first half of this year after two years of explosive growth Key…
NEWS WRAP: InnoScience raises $180 million in Hong Kong IPO
Shares of the maker of a new generation of microchips using gallium nitride (GaN) technology rose slightly in their Hong Kong trading debut By Doug Young Shares of InnoScience…
INDUSTRY BRIEF: Chinese chip-equipment buying surges in first half of 2024
China purchased a record $25 billion worth of equipment used to make high-tech microchips in the first half of 2024, more than Taiwan, the U.S. and South Korea combined. Among…
InnoScience flies below the radar with rare Hong Kong microchip IPO
The company’s revenue grew fourfold last year as the cutting-edge gallium nitride (GaN) technology behind its microchips and wafers began to mature Key Takeaways: InnoScience has filed for a Hong…
PODCAST: A Microchip Mega-Fund, and an Accounting Crisis
China has set up a $50 billion fund to support its microchip sector. Will the big bucks be enough to overcome U.S. sanctions? And a growing number of Chinese companies dump PwC as their auditor. Is the flight related to PwC's role as auditor for insolvent developer Evergrande?
PODCAST: China kills a global chip deal, and a leading bubble tea maker goes to London
China has vetoed the purchase of Tower Semiconductor by Intel. And bubble tea maker HeyTea has opened its first store in London.
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