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…
BRIEF: Black Sesame slips into the red on AI spending
Autonomous driving chipmaker Black Sesame International Holding Ltd. (2533.HK) announced on Thursday its revenue for 2025 exceeded 800 million yuan ($116 million), up more than 68.7% year-on-year. It said it…
BRIEF: Fortior’s strong revenue growth fails to translate to big profit gains
Chip designer Fortior Technology (Shenzhen) Co. Ltd. (1304.HK; 688279.SH) said on Monday it expects to report its revenue rose about 29% year-on-year to 774 billion yuan ($113 billion) in 2025,…
Alibaba bets on AI chips, as LVMH exits China duty free
“AI is the darling. You have a lot of people who are absolutely willing to pay valuations that do not really, in my view, hold water.” Rene Vanguestaine Key Takeaways:…
BRIEF: Montage Technology launches $884 million Hong Kong IPO
Cloud computing chip designer Montage Technology Co. Ltd. (6809.HK; 688008.SH) launched its Hong Kong IPO on Friday, targeting HK$6.9 billion ($884 million) in fundraising by selling about 65.9 million shares…
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