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Tuesday 17 December 2024
German government approves TSMC's Dresden fab financing plan
The Federal Ministry for Economic Affairs and Climate Action of Germany (BMWK) has officially approved financing for TSMC's wafer fab project in Dresden. The German government has...
Thursday 12 December 2024
Europe's electrification challenges: refinancing becomes a new dilemma in 2025
The European automotive supply chain encountered significant hurdles in 2024 as electrification demand fell short of expectations, leading to low investment returns and widespread...
Friday 6 December 2024
COP29 outlines global energy shift, signals challenges for Taiwan
Following two weeks of heated discussions, the COP29 climate summit concluded with debates over climate financing dominating headlines. However, significant strides were made in energy,...
Thursday 5 December 2024
Unisoc secures US$448 million funding to boost 5G chip development
Tsinghua Unigroup's chip subsidiary Unisoc announced plans to secure an additional CNY2 billion (US$448 million) in equity financing, following its earlier CNY4 billion (US$896 million)...
Thursday 21 November 2024
Japan expected to announce additional US$1.3 billion investment in Rapidus
Reports from Kyodo and Nikkei indicate that the Japanese government intends to invest around JPY200 billion (approx. US$1.3 billion) in Rapidus during the fiscal...
Thursday 14 November 2024
Unisoc accelerates IPO timeline with solid shareholder lineup and AI focus
Unisoc, having achieved annual revenues above CNY10 billion (approx. US$1.38 billion) for two successive years from 2022 to 2023, is preparing to expedite its initial public offering...
Wednesday 30 October 2024
Tesla of flying cars hits financial turbulence: Germany's Lilium halts production as insolvency looms
Lilium, a German electric vertical takeoff and landing aircraft (eVTOL) company often called the Tesla of flying cars, is planning to file for insolvency and will seek self-administration...
Tuesday 8 October 2024
CIP and Century Wind Power showcase Taiwan's Fengmiao Project advancements
At the 2024 Energy Taiwan event, Copenhagen Infrastructure Partners (CIP) and Century Wind Power jointly announced the latest progress on Round 3.1 of the Fengmiao Offshore Wind Farm...
Thursday 3 October 2024
Unisoc tops CNY13 billion revenue, secures top 10 global IC design houses spot
During the 3rd GMIF 2024 Innovation Summit in Shenzhen on September 27, Unisoc's executive vice president, Dr. Luke Liu, announced that despite a 3.2% year-over-year decline in global...
Friday 27 September 2024
Unisoc secures CNY4 billion to drive chip innovation and global presence, backed by Pudong Venture Capital
Unisoc, a leading Chinese chip design company, has secured CNY4 billion (US$548 million) in equity financing, primarily through state-backed platforms including Pudong Venture Capital,...
Wednesday 25 September 2024
Kioxia secures US$841 million loan to boost latest NAND production for AI and data centers
Kioxia, a leading player in the NAND flash industry, has secured a loan commitment of JPY120 billion (US$841 million) from major financial institutions. This financing will enable...
Monday 23 September 2024
Qualcomm's rumored Intel acquisition faces antitrust, financing, and other hurdles
As Intel strives to improve its financial performance, rumors of a potential acquisition by Qualcomm—likely a partial takeover—have surfaced. However, the success of such...
Friday 6 September 2024
China-based startup initiates IPO process as Chinese AI chip market grows
Shanghai Enflame Technology, a Chinese AI chip company backed by Tencent, has recently filed its intention to IPO with the Shanghai Bureau of the China Securities Regulatory Commis...
Friday 6 September 2024
Xiangdixian slashes workforce, retains only critical roles
Recent reports suggest that Chinese GPU startup Xiangdixian Computing Technology has collapsed due to funding issues and dismissed its entire workforce. However, the company later...
Thursday 29 August 2024
Super Micro Computer delays filing annual report amid accounting manipulation allegations
Super Micro Computer, a major server manufacturer, announced a delay in filing its annual 10-K report for the fiscal year ending June 30, 2024, amid allegations of accounting manip...