Semiconductor Manufacturing International Corporation (SMIC), China's leading foundry, is significantly expanding its production capacity with four new 12-inch wafer fabs in Beijing, Shanghai, Tianjin, and Shenzhen. These new fabs are expected to successively come online after 2025, adding a combined monthly capacity of 340,000 wafers, with 28nm as the most critical node
Taiwan-based OSAT, ASE, signed a tentative contract with the government of Kitakyushu in Kyushu, Japan, to buy land in Kitakyushu's Wakamatsu-ku where they would attempt to expand production capacity
The Chinese government's stance remains a crucial factor in shaping the scale and impact of the ongoing wave of global solar industry bankruptcies and exits. With China's global solar module market share exceeding 85%, the country wields significant influence over the entire industry, according to insiders in the solar energy supply chain
Samsung Display (SDC) has reportedly achieved a breakthrough in tandem OLED yield rates, positioning the company to increase its supply of OLED panels for tablets and to aggressively expand its presence in the IT OLED display market by the second half of 2024
After Nvidia confirmed the on-schedule shipment of its latest Blackwell GPUs, high-bandwidth memory (HBM) providers, including SK Hynix and Samsung Electronics, expressed relief as competition in the HBM market intensified
China's government has recently called for public consultation for the 2024 version of the Comprehensive Industrial Regulations on the Use of New Energy Vehicle Waste Batteries, aiming to increase and incentivize the recycling and reuse of old batteries
China's largest pure-play foundry, SMIC, reported a significant decline in profitability despite revenue growth in its latest financial results. The company remains cautious despite signs of recovering demand
On August 29, Huawei announced its 2024 first-half financial results, showing a robust 34.3% year-on-year revenue increase to CNY417.5 billion (US$58.83 billion), with a net profit margin of 13.2%, translating to a net profit of CNY55.11 billion, a significant 18.2% year-on-year rise, as reported by MyDrivers, Yicai, and Jiwei
Xiaomi released its financial report on August 21, which announced a revenue of CNY$88.9 billion (US$12 billion) with an annual increase of 32%. This quarterly statement has been Xiaomi's best thus far according to CEO Jun Lei
Chinese electric car maker BYD Co.'s relentless growth is squeezing out smaller rivals, with Li Auto Inc. joining fellow upstart Xpeng Inc. in releasing disappointing earnings
The highly anticipated Chinese AAA title, "Black Myth: Wukong," has finally been released. However, players quickly discovered that their hardware setup was the first challenge on their journey to the West
China's top-selling automaker BYD Co. expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global production hubs to overcome punishing tariffs
Hyundai Motor Co. plans to double its lineup of hybrid cars as demand for pure electric vehicles slows and announced a KRW 4 trillion ($3 billion) share buyback as part of a plan to boost investor returns
In recent years, advanced packaging has become increasingly crucial in high-performance computing, and Chinese OSAT companies, particularly Tongfu Microelectronics, are determined to seize this growing opportunity
