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Tuesday 2 April 2024
Chinese DRAM maker CXMT raises CNY10.8 billion
Chinese DRAM maker ChangXin Memory Technologies (CXMT), one of the biggest unicorn companies in China, has raised CNY10.8 billion (US$1.5 billion) in its latest round of financing.
Tuesday 2 April 2024
Tougher US chip ban on China may eclipse Chinese AI PC market
Stricter chip export bans by the US Department of Commerce on China may overshadow the potential of China's AI PC market, according to industry sources.
Monday 1 April 2024
Auto semiconductor demand to recover in 2Q24
Automotive semiconductors will see an improved market in the second quarter of 2024 after experiencing a market bottom and a slow season. However, the situations will vary in different...
Monday 1 April 2024
Tesla China price hike meets slew of cuts from other carmakers
China's automakers are piling in to take advantage of Tesla Inc.'s recent price hike and defend against Xiaomi Corp.'s disruptive market entry, offering sweeteners such as subsidies...
Monday 1 April 2024
Major Chinese telecom companies slow infrastructure investment, target AI computing power
China's three major telecommunications companies announced plans to target cloud computing power and Artificial Intelligence (AI).
Monday 1 April 2024
China's 618 festival might seal the fate of MCU industry in 2024
As channel and client inventory adjustments gradually come to an end, the microcontroller (MCU) industry expects inventory to return to a healthy level in the second quarter of 2024,...
Monday 1 April 2024
Is vehicle data the real ambition behind Xiaomi's auto market entry?
Xiaomi finally launched its first EV, the SU7.
Monday 1 April 2024
T-Motor: The Chinese drone maker making a killing on global conflict
When T-Motor sends its deadly drones into global conflict zones we all pay the price.
Monday 1 April 2024
Weekly news roundup: Leaked Huawei chipset details surface, revealing chips manufactured with SMIC 5nm process
These are the most-read DIGITIMES Asia stories in the week of March 25 – March 29.
Monday 1 April 2024
BYD reviewing suppliers' production capacity invites market suspicions
BYD maintains a leading position in the fierce Chinese market as it grows overseas.
Monday 1 April 2024
Huawei defies US sanctions, surges in profit, and expands ecosystem in 2023
Despite intensifying US sanctions, Huawei tried to prove it could navigate challenges and make progress by recording a surge in profit in 2023 in addition to a widening ecosystem...
Friday 29 March 2024
Targeting Tesla Model 3, Xiaomi's first EV stirs up intense Chinese market
Xiaomi secured 50,000 firm orders for its first electric sedan, SU7, 27 minutes after it began receiving orders on the night of March 28.
Friday 29 March 2024
GigaDevice to increase capital in CXMT, eyeing improving DRAM demand
China-based MCU and NOR flash provider GigaDevice plans to participate in Changxin Memory Technologies' (CXMT) latest capital increase, citing the increasing demand for DRAMs in Ch...
Friday 29 March 2024
Chinese lithography equipment imports slow
Amid export restrictions imposed by the US and its allies and a move to indigenization, lithography equipment exports to China slowed in the first two months of 2024.
Friday 29 March 2024
Chinese EV exports to US, Europe decline
Chinese customs statistics indicate that Electric Vehicle (EV) exports from China to Europe and the US decreased by 20% and over 40%, respectively, year-on-year during the first two...