SICC returns to growth and profits. But China’s SiC industry faces a tougher test
The silicon carbide substrate maker has built a leading position in a strategic semiconductor market, but now faces the harder task of turning the technology into a sustainable business Key…
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…
