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…
Transsion rebounds, as its ‘Out of Africa’ story stumbles
The budget smartphone maker has renewed its application for a Hong Kong IPO, reporting revenue for its core Africa market rose last year, as all of its other markets fell…
INDUSTRY BRIEF: Chinese smartphone makers bear the brunt of soaring memory prices
Global smartphone shipments fell 4.1% year-on-year to 289.7 million units in the first quarter, as China’s top three players lost market share to global leaders Apple (AAPL.US) and Samsung (005930.KS),…
Stumbling Transsion calls on Hong Kong investors. But will they answer?
The budget cellphone specialist has filed for a Hong Kong IPO, even as its revenue began to fall in the second half of last year Key Takeaways Transssion has filed…
INDUSTRY BRIEF: Transsion overtakes Vivo in global smartphone market
Samsung (005930.KS) and Apple (AAPL.US) continued to lead the global smartphone market in the third quarter, as Chinese manufacturers Xiaomi (1810.HK), Transsion (688036.SH) and Vivo rounded out the top five…
Q Tech needs better R&D focus to go eye-to-eye with sharper optic rival
The camera module maker recorded solid growth in the first half of 2024 on a rebounding smartphone market, but still lags Sunny Optical in terms of product development Key Takeaways:…
Xiaomi’s strong results overshadowed by falling prices
The smartphone maker’s third-quarter profit beat expectations, but its average smartphone price fell below 1,000 yuan for the first time in nearly four years Key Takeaways: Xiaomi’s smartphone shipments rose…
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