Falling SiC wafer prices drop Tianyu Semiconductor to first-half loss
Silicon carbide (SiC) epitaxial wafer maker Guangdong Tianyu Semiconductor Co. Ltd. (2658.HK) said last Friday it expects to report a net loss of 104 million yuan ($15 million) to 123…
SMIC’s profit triples in second quarter on higher chip prices, lower costs
Leading Chinese contract chipmaker Semiconductor Manufacturing International Corp. (SMIC)(0981.HK; 688981.SH) on Thursday reported strong revenue and profit growth in the second quarter, as AI-fueled demand remained strong for its cutting-edge…
FourSemi’s first-half loss doubles on weak smartphone demand
Intelligent sensing chip provider Shanghai FourSemi Semiconductor Co. Ltd. (3625.HK) warned on Tuesday that it expects to report a net loss of 64.5 million yuan ($9.55 million) to 69.5 million…
Nexchip falls flat in trading debut as IPO sentiment weakens
Shares of wafer foundry service provider Nexchip Semiconductor Corp. (2249.HK) opened up 11.5% in their Hong Kong trading debut on Friday, but then gave back the gains to close unchanged…
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…
Power device maker BASiC launches $110 million Hong Kong IPO
Third-generation semiconductor power device maker BASiC Semiconductor Co. Ltd. (9971.HK) launched its Hong Kong IPO on Monday, taking subscriptions for shares through Friday. The company is offering 27.4 million shares…
AI’s hidden appetite for specialty materials: The rapid rise of modified PPO resins
While investors focus on AI chips and servers, modified PPO resins are emerging as another major beneficiary of the AI infrastructure boom By CLS Marketwatch Global technology industries are…