Chinese cloud-computing and IT infrastructure company Unisplendour Corp. is preparing for a second listing in Hong Kong as soon as this year that could raise about US$1 billion, people familiar with the matter said, as mainland-listed companies make a beeline to sell shares in the city
While China has established a leading position in global electric vehicle (EV) manufacturing and sales, the country continues to face significant hurdles in achieving self-sufficiency in automotive chips, a critical component of its automotive ambitions
Hua Hong Semiconductor has appointed Peng Bai, a former Intel executive, as its new CEO, marking a departure from its traditional practice of promoting senior leaders internally. This shift highlights China's wafer fabs' growing reliance on recruiting overseas returnees and globally experienced professionals to accelerate development and overcome the constraints of organic growth
BOE Technology Group, a global leader in display innovation, has unveiled its subsidiary BOE Varitronix Limited at CES 2025, marking the international debut of its "HERO" initiative, a cutting-edge smart automotive application platform
Amid the ongoing US-China chip war over the past years, the Chinese government has taken counter-measures, including export restrictions on critical materials such as gallium, germanium, antimony, and graphite, aiming to curb the development of America's military and communications industries
Samsung Electronics has reportedly launched a new EUV Task Force (TF) to enhance its extreme ultraviolet (EUV) technology and improve yields for advanced nodes like 3nm processes. In contrast, SK Hynix dissolved its EUV TF as part of its 2024 organizational restructuring
The US Department of Defense's decision to add Tencent to its Entity List may significantly impact its flagship messaging app, WeChat, especially the international version. This escalation also adds fresh uncertainty to Tencent's relationship with Apple, which has already faced tensions over app payment policies and software updates
IC inspection lab Materials Analysis Technology (MA-tek) has reported revenue increased 6.3% year-over-year to a record high of NT$5.11 billion (approx. US$155 million) in 2024, thanks mainly to a surge in demand from Japan's semiconductor industry
Competition in China's electric vehicle (EV) market has intensified right at the start of 2025, with vendors lowering prices and the government offering subsidies to stimulate purchases
The chairman of SK Hynix Inc.'s parent and Nvidia Corp. co-founder Jensen Huang met on January 8 to discuss AI, suggesting the two companies are exploring ways to deepen one of the most important relationships in artificial intelligence hardware
Global memory leaders Samsung, SK Hynix, and ChangXin Memory Technologies (CXMT) are ramping up DRAM production this year, fueling market competition. While oversupply is expected to pressure general-purpose DRAM prices, HBM is poised to command a larger share of profits, according to Chosun Biz. Against this backdrop, SK Hynix is doubling down on plans to expand its HBM DRAM production capacity
China's automobile market is poised for significant growth in 2025, bolstered by the continuation of government electric vehicle (EV) purchase subsidy programs aimed at stimulating replacement demand. Several automakers have already announced aggressive sales targets for the year
Honda and Renesas Electronics have joined forces to co-develop high-performance chips for its next-generation electric vehicles (EVs), integrating advanced features like autonomous driving. Leveraging TSMC's cutting-edge 3nm process technology, these chips are designed to deliver superior performance and efficiency
The US continues to tighten its trade restrictions against China, with the Biden-Harris administration launching a Section 301 investigation into China's mature process technologies, raising the prospect of more severe sanctions under President-elect Donald Trump's administration. Under these circumstances, Chinese foundries such as SMIC and Hua Hong Semiconductor are said to have slashed prices to secure orders, affecting their Taiwanese counterparts such as United Microelectronics (UMC) and Vanguard International Semiconductor (VIS)
Renesas Electronics has announced plans to cut several hundred jobs across its global operations. The company informed employees of these measures before the end of 2024, while also suspending traditional spring salary increases for 2025