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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...
Friday 29 March 2024
SMIC profit down over 60% in 2023, plans steady course for 2024
SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stabl...
Thursday 28 March 2024
Japanese equipment firms flocked to SEMICON China 2024
SEMICON China 2024, which was held in Shanghai on March 20-22, attracted many Japanese semiconductor equipment manufacturers to showcase their front-end and backend mature node process...
Thursday 28 March 2024
Xi slams technological barriers during Dutch Premier's visit
Chinese President Xi Jinping criticized "technological barriers" during Dutch Prime Minister Mark Rutte's visit to Beijing as the US pushes to tighten controls on ASML Holding NV's...
Thursday 28 March 2024
Xiaomi's $8 billion rally at stake as costly EV bet makes debut
Xiaomi Corp.'s $8 billion stock rally faces a key test when the Chinese smartphone giant unveils its first electric vehicle Thursday, as it attempts to muscle into an unfamiliar and...
Thursday 28 March 2024
US Treasury Secretary Yellen has an EV subsidy bone to pick with China
The US does not want to retaliate, Yellen said.
Thursday 28 March 2024
Elon Musk targets Optimus robot price to below half car's cost for mass market appeal
Tesla CEO Elon Musk has stated that the price of the Optimus humanoid robot should be kept below half the price of a car to achieve mass commercialization.
Thursday 28 March 2024
Auto suppliers not that excited about Xiaomi's SU7
Chinese tech giant Xiaomi is on track to launch its first battery EV (BEV), SU7, on the evening of March 28.
Thursday 28 March 2024
Longsys enters backend industry with recent acquisitions
Longsys Electronics' recent acquisitions of Zilia (formerly SMART Brazil) and Longforce Technology Suzhou (formerly Powertech Technology Suzhou) mark the Chinese memory module specialist's...
Thursday 28 March 2024
OLED materials demand ramping up
Demand for OLED materials is ramping up for IT and AR/VR device applications, according to industry sources in South Korea.
Thursday 28 March 2024
Chinese state-owned companies expanding presence in semiconductor industry
Chinese state-backed enterprises are expanding their presence in the semiconductor industry, the latest example being China Resources' takeover of backend house Jiangsu Changjiang...
Wednesday 27 March 2024
Dutch government allocates EUR 2.5 billion to keep ASML in motherland
ASML's future may be decided by Beethoven.
Wednesday 27 March 2024
China Resource pays CNY11.6 billion to gain full control of JCET
The buyer behind the change of controlling interest in Jiangsu Changjiang Electronics Tech (JCET), the world's third-largest IC packaging and testing company and the largest in Mainland...
Wednesday 27 March 2024
Huawei GPUs surge in demand and price in China amid absence of Nvidia
Despite the restrictions imposed by the US ban, which prevent the Chinese market from accessing Nvidia's latest B200 GPU, Huawei's alternative GPU, albeit less powerful than the B200,...