Baidu does infrastructure

BRIEF: SMIC’s fourth-quarter revenue jumps, but profit falls

Semiconductor Manufacturing International Corp. (0981.HK; 688981.SH) said on Tuesday its revenue jumped 31.5% year-on-year to $2.21 billion in last year’s fourth quarter from $1.68 billion a year earlier on strong…
ACM Research posts strong revenue growth

ACM Research straddles growing U.S.-China microchip divide

The California-based manufacturer of chipmaking equipment is growing quickly on demand from China, even as its strong Chinese ties become increasingly tricky Key Takeaways: ACM Research, a U.S.-based chip equipment…
Baidu does infrastructure

BRIEF: Hua Hong Semi appoints former Intel VP as new president

Hua Hong Semiconductor Ltd. (1347.HK; 688347.SH)on Wednesday announced the appointment of Bai Peng, a former Intel (INTC.US) engineer, as executive director and its new president, effective Jan. 1. In the…