Longsys launches $800 million Hong Kong IPO as profit soars
Semiconductor memory manufacturer Shenzhen Longsys Electronics Co. Ltd. (9976.HK; 301308.SZ) launched its Hong Kong IPO on Monday, aiming to sell 26.1 million shares for HK$240.60 each to raise HK$6.26 billion…
From microchips to fast food: How Apple and Burger King are adapting to the Chinese market
"As much as the high-tech sector has become national interest in China, the same thing has happened in the U.S." – commenting on perils Apple could face as it explores…
How AI’s growth left consumer electronics facing an uncertain future
AI-driven memory demand is raising costs and squeezing smartphone and PC makers, while creating opportunities for Chinese chipmakers By CLS Marketwatch The global memory chip market is witnessing a…
GigaDevice’s profit soars as celebrity founder sells down stake
The memory chip maker’s stock has risen exponentially since its IPO in January as its profit soared in the first half of this year Key Takeaways: GigaDevice said it expects…
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…
Longsys rides soaring memory wave to Hong Kong IPO
The company has launched a new attempt to list in Hong Kong, banking on spiking prices that have made memory chip companies the latest investor darling Key Takeaways: Longsys has…
Could memory chip shortage imperil FIH Mobile’s return to the black?
The smartphone arm of electronics giant Foxconn benefited from increased shipments to a key customer last year, as it reported an annual net profit of $52.73 million Key Takeaways: FIH…