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.
Huawei: 5G comeback kid, or sucker for new sanctions?
The former smartphone superstar is reportedly planning to re-enter the 5G smartphone arena later this year, using domestic foundry SMIC to make its self-designed 5G chips Key Takeaways: Huawei reportedly…
CHINA BULLETIN: Time to Celebrate?
In this week’s issue, the latest Communist Party Congress says China will keep opening up, while officials convene emergency meetings to discuss the latest U.S. restrictions on Chinese microchip makers.
Battered Autohome Sees Light at End of Tunnel
One of China’s oldest online car specialists posts 24% revenue decline in third quarter on reduced industry spending, but sees relief next year Key Takeaways: Leading Chinese online auto company…
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