Fragmented shareholding positions Allystar for turbulence
The satellite positioning chip designer previously planned to float shares on China’s domestic A-share market, but has shifted its sights to Hong Kong with its new listing application Key Takeaways:…
Sinking SICC looks for lift from Hong Kong IPO
The maker of silicon carbide substrates has been cleared by China’s securities regulator to list in Hong Kong, even as its revenue began to contract in the first quarter Key…
Russia’s Chinese car indigestion, and the fall of a Chinese chip magnate
After zooming over the last few years, China's car exports to Russia skidded by 44% in the first quarter. What put on the brakes? And former microchip superstar Zhao Guowei has been sentenced to death for waste and corruption. What led to his downfall?
Novosense eyes Hong Kong IPO as competition chips away at its cash
The analog chipmaker’s cash and margins dropped sharply last year, sending it into the red Key Takeaways: Novosense has filed for a Hong Kong IPO, posting strong revenue growth last…
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…