Russia’s Chinese car indigestion, and the fall of a Chinese chip magnate
After zooming over the last few years, China's car exports to Russia skidded by 44% in the first quarter. What put on the brakes? And former microchip superstar Zhao Guowei has been sentenced to death for waste and corruption. What led to his downfall?
Is Epiworld banking on state support in a shifting wafer market?
Under pressure from falling prices, the heavily subsidized maker of advanced wafers for automotive chips is seeking an IPO boost from investors Key Takeaways: The company’s revenue fell 14.4% last…
BRIEF: TSMC’s profit jumps in first quarter, unaffected by tariff impact
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM.US; 2330.TW) reported on Thursday its revenue reached T$839.25 billion ($25.53 billion) in the first quarter, up 35.3% year-on-year. Its net profit rose for the…
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…
Fortior hopes to ride China chip wave to high valuation
The maker of microchips used in BLDC motors has filed for a Hong Kong IPO that could raise several hundred million dollars Key Takeaways: Fortior has becoming the latest Chinese…
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…
TSMC profits from AI development, no matter which way political winds blow
Despite being continually caught in tensions between the U.S. and China, the Taiwanese chipmaker’s latest results demonstrate its prowess as an AI powerhouse Key Takeaways: TSMC reported revenue of $26.88…
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