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…
BRIEF: GigaDevice profit skyrockets sixfold in first quarter
Integrated circuit (IC) designer GigaDevice Semiconductor Inc. (3986.HK) on Wednesday reported its revenue more than doubled year-on-year to 4.19 billion yuan ($613 million) in the first quarter, while its profit skyrocketed more…
BRIEF: ASMPT first-quarter revenue jumps, forecasts more growth
Semiconductor equipment maker ASMPT Ltd. (0522.HK) on Tuesday said its first-quarter revenue reached HK$3.97 billion ($508 million), up 32% year-on-year and 0.2% sequentially. The company’s new orders for the quarter hit…
BRIEF: Delton first-quarter profit surges about 60%
PCB maker Delton Technology (Guangzhou) Inc. (1989.HK; 001389.SZ) announced on Wednesday it expects to report a first-quarter net profit of 380 million yuan ($55 million) to 400 million yuan, representing…
