BRIEF: Tianyu Semiconductor gets CSRC nod for Hong Kong IPO
Silicon carbide (SiC) wafer maker Guangdong Tianyu Semiconductor Co. Ltd. received an approval notice from the China Securities Regulatory Commission (CSRC) last Friday for its plan to list in Hong…
Sinking SICC looks for lift from Hong Kong IPO
The maker of silicon carbide substrates has been cleared by China’s securities regulator to list in Hong Kong, even as its revenue began to contract in the first quarter Key…
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…
