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Tuesday 17 December 2024
Xiaomi's CNY100 billion cash reserve is seen as lifeline for its automotive ambitions
Given the current competitive landscape among Chinese automakers, it is not surprising that new entrants face challenges in vehicle manufacturing. However, Ji Yue's recent turmoil...
Wednesday 27 November 2024
SK Hynix announces 25% hike in dividend in new shareholder return program
SK Hynix Inc. announced today a new program on shareholder return for the 2025-27 period and the "Value Up" plan aimed at boosting corporate value.
Monday 2 September 2024
Chinese GPU startup, potential Nvidia rival, denies bankruptcy despite organizational adjustment
Reports indicate that Xiangdixian, a China-based GPU design house considered a potential rival to Nvidia, has declared bankruptcy due to cash flow issues and has laid off nearly 400...
Thursday 29 August 2024
Solar module industry in bankruptcy crisis amid oversupply
Due to oversupply in the solar industry in 2024, supply chain quotes have continued to plummet, leading to a wave of bankruptcies across the sector. According to industry insiders,...
Wednesday 15 November 2023
What challenges does Starlink's positive cash flow unveil for competitors?
SpaceX's satellite internet service, Starlink, has successfully generated positive cash flow. However, replicating this achievement seems daunting for competitors.
Wednesday 11 October 2023
Coherent SiC biz to draw investment from Denso, Mitsubishi Electric
Denso and Mitsubishi Electric have agreed to invest an aggregate US$1 billion in Coherent's silicon carbide (SiC) business. The transaction results from the strategic review process...
Thursday 6 April 2023
JCET reports record revenue, profit for 2022
Jiangsu Changjiang Electronics Technology (JCET), the largest China-based OSAT company, has reported revenue and net profits for 2022 both hit record highs of CNY33.76 billion (US$4.91...
Friday 16 September 2022
PC suppliers urged to keep eye on inventory, cash flows in 2H22
With PC sales set to disappoint, PC suppliers may have to monitor their inventories and cash flow management in the second half of 2022, according to industry sources.
Monday 29 August 2022
Huawei founder warns of tough times ahead for next 3-5 years
Huawei founder Ren Zhengfei has warned company staff of tough times ahead for the tech player, highlighting that China will face lackluster economic prospects and global economic...
Friday 22 July 2022
Macro headwinds have had limited impact so far, says Foxconn
Macro headwinds have led to growing demand-side uncertainties but have had a limited impact on Hon Hai Technology Group's (Foxconn) operations thus far this year, according to James...
Friday 15 July 2022
Weak PC shipments to impact suppliers' cash flows in 2H22
Brand PC vendors may start seeing their cash flows affected negatively by shipment slowdowns and the risk of inventory losses in the second half of 2022, according to industry sour...