BASiC Semi to build $28 million packaging line
Semiconductor power device maker Shenzhen BASiC Semiconductor Co. Ltd. (9971.HK) said Tuesday that it will invest 193.3 million yuan ($28 million) to build a silicon carbide module packaging production base,…
XTX Technology rides surging memory prices to Hong Kong IPO
The SLC NAND flash memory maker is capitalizing on strong demand for its chips, which lifted it into the black this year Key Takeaways: XTX Technology has filed to list…
CXMT IPO tests China’s state-driven chip dream
The Hefei-based DRAM maker is heading to Shanghai’s STAR Market as AI demand and geopolitical tensions bring new urgency to China’s semiconductor self-sufficiency drive Key Takeaways: CXMT’s planned 29.5 billion…
SiliconFlow’s AI ‘token factory’ dream gets $300 million vote of confidence
The startup allows other companies’ models to run across many types of chip, a neutrality that is useful in a fragmented Chinese market Key Takeaways: ● SiliconFlow has raised a…
BRIEF: GigaDevice profit skyrockets sixfold in first quarter
Integrated circuit (IC) designer GigaDevice Semiconductor Inc. (3986.HK) on Wednesday reported its revenue more than doubled year-on-year to 4.19 billion yuan ($613 million) in the first quarter, while its profit skyrocketed more…
BRIEF: ASMPT first-quarter revenue jumps, forecasts more growth
Semiconductor equipment maker ASMPT Ltd. (0522.HK) on Tuesday said its first-quarter revenue reached HK$3.97 billion ($508 million), up 32% year-on-year and 0.2% sequentially. The company’s new orders for the quarter hit…
As AI booms, ASMPT sets sights on lower-profile back-end of chip-making race
After logging a bumper year in 2025, the semiconductor equipment maker is concentrating its resources on the chip packaging process Key Takeaways: Chip equipment maker ASMPT recorded a profit of…
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