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NEWS TAGGED SHANGHAI
Friday 17 January 2025
China establishes low-altitude economy dept. to drive future growth
China's National Development and Reform Commission (NDRC) has established a department to boost the low-altitude economy, targeting growth in 2025 and beyond. This move aligns with...
Friday 17 January 2025
Apple sets Shanghai subsidiary to drive AI integration in China
As 2025 unfolds, China's smartphone market faces a wave of price cuts, with Apple launching promotions and Huawei following suit by adjusting its pricing. While manufacturers compete...
Tuesday 14 January 2025
Beijing and Shanghai power China's AI growth
Beijing and Shanghai have recently attained unprecedented levels of investment and development in the artificial intelligence (AI) sector. These two cities are propelling China's...
Friday 27 December 2024
Tesla's Shanghai Megafactory to complete by year-end, breaking speed records
Tesla's Shanghai Megafactory in Lingang is on track for completion by the end of 2024, with production anticipated to start in the first quarter of 2025, underscoring the company's...
Friday 27 December 2024
Trump-Musk rift looms over China
Elon Musk's historically amicable approach towards China, including his praises of "China speed" during Tesla's factory establishment, and his marveling at Shanghai's administrative...
Thursday 26 December 2024
Chinese Data Center Operator Yovole Is Said to Consider US IPO
Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator's failed attempt to list in mainland...
Wednesday 25 December 2024
Toyota reportedly eyes wholly-owned EV factory in China
Toyota Motor reportedly plans to set up a new plant in Shanghai, China, to produce EVs for its luxury Lexus brand. This would mark the first fully-owned manufacturing facility by...
Tuesday 24 December 2024
Hua Hong names new chair as investment firms gain control
Shanghai Hua Hong Group, a major wafer foundry in China, has made a surprise change of leadership, replacing Su-xin Zhang with Jian Qin as chairman.
Monday 23 December 2024
Tesla Shanghai factory head resigns; Xiaomi denies poaching
Tesla's Shanghai "Gigafactory" is undergoing significant personnel changes as Chinese media reports indicate that Gang Song, the site's director and VP of manufacturing, has departed...
Monday 9 December 2024
The Chinese government backs JCET's expansion into AI chip packaging
The Chinese semiconductor industry is making strides in building an advanced local supply chain for packaging and testing, despite the US government's export controls targeting advanced...
Wednesday 13 November 2024
Chinese fab toolmakers invest more in R&D amidst domestic replacement wave
Leading Chinese semiconductor equipment manufacturers, including ACM Research (Shanghai), AMEC, and Naura, have boosted their R&D investments to accelerate the development of...
Friday 8 November 2024
Wafer Works launches 12-inch semiconductor fab in Taiwan to power global AI and EV growth
Wafer Works is building a 12-inch wafer fab in Erlin, Changhua County, with a monthly capacity of 200,000 units to meet global demand. The topping-out ceremony is scheduled for December...
Wednesday 6 November 2024
Datang files lawsuit against Unisoc in China
Datang has initiated legal proceedings against Unisoc, seeking damages of CNY680.5 million (approx. US$95.8 million) over the latter's alleged failure to honor a payment agreement...
Thursday 31 October 2024
GF aims to revitalize foundry business in China with team expansion planned for 2025
GlobalFoundries (GF) is looking to revitalize its operations in China. K.C. Ang, who became GF's president for Asia and chairman for China earlier this year, recently said at an annual...
Monday 28 October 2024
China remains a key player in mature processes, set to invest over US$100 billion in capacity expansion over the next three years
Amid the surge of investments in the semiconductor sector, China's focus on mature process technologies is essential. In a recent interview in Shanghai, SEMI China President Lung...