U.S. tightens noose on outbound investment in cutting-edge China tech
A new executive order by President Joe Biden is the latest step by Washington to choke off U.S. funding for Chinese startups in sensitive areas like AI and microchips Key…
Daylight ahead for China’s battered semiconductor sector?
Interim results from Chinese semiconductor companies suggest change for the better lies ahead for this group By Research-Select Major Chinese microchip maker Hua Hong Semiconductor Ltd. (1347.HK; 688347.SH) went…
FAST NEWS: SMIC Forecasts 15% Drop in Fourth-Quarter Revenue
The latest: Semiconductor Manufacturing International Corp. (SMIC)(0981.HK; 688981.SH) said Thursday it expects its revenue will fall 13% to 15% quarter-on-quarter in the fourth quarter, and its gross margin will range…
SMIC Warns of Industry Downturn as U.S. Sanctions Cloud Its Future
China’s top chipmaker’s second-quarter results matched market expectations, but it warned of a cyclical slowdown in the global semiconductor industry Key Takeaways: SMIC’s second-quarter revenue rose by 40% year-on-year and…
New Oriental Education Records Huge Loss, But Forges Ahead
China’s former leading private educator has revealed the huge costs it incurred in its first earnings report since a major industry reshuffle Key takeaways: New Oriental fell deeply into the…
New Oriental Eyes Chip Design, China Liberal Chases Higher Education
New moves by one of China’s oldest and one of its newest private educators reflect scramble to find new businesses after last year’s education cleanup Key Takeaways: New Oriental Education’s…
Daqo Eyes Product, Geographic Diversification With Massive Expansion
Company will spend $1.3 billion on first phase of a major new production base in Inner Mongolia that will ultimately triple its polysilicon capacity Key Takeaways: Daqo has announced a…
Recent Articles
RELATED ARTICLES
-
Tian Tu Capital fails to excite with China’s fading consumer story
1973.HK - CHINA BULLETIN: More U.S.-China Warming as Xi, Biden Meet Each Other’s Emissaries
- The dilemma of the China-shedding strategy
- Sequoia China stands tall on its own as ‘HongShan’
- Chip breakthrough sends U.S. scrambling for new measures to stifle Huawei
-
Weak electronics demand squeezes SMIC margins
0981.HK 688981.SHG
- CHINA BULLETIN: Politburo Acknowledges Economic ‘Difficulties and Challenges’
