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Monday 23 December 2024
China chip sector sees 14,000 closures in 2024 amid industry reshuffle
The Chinese chip market faces severe challenges during the semiconductor industry's down cycle, with 14,648 chip companies shutting down in 2024. However, the entrepreneurial spirit...
Monday 23 December 2024
Gree's 6-year chip success: SiC factory launches with 200 million units shipped, fully self-funded
On December 16, Gree Electric Chairwoman Ming-zhu Dong told Sina Finance CEO Qing-xu Deng, "Gree's chips have succeeded. We have achieved everything from independent research and...
Monday 23 December 2024
TSMC soars while Rapidus, SMIC stumble on state crutches
The global wafer foundry landscape is undergoing a dramatic transformation. TSMC maintains its dominance in advanced nodes below 7 nanometers, while competitors Samsung and Intel...
Monday 23 December 2024
The rise of China's AI framework: Huawei MindSpore claims 30% market share
In 2024, China's artificial intelligence (AI) framework market is experiencing robust growth, with Huawei's MindSpore securing nearly 30% market share, successfully positioning itself...
Monday 23 December 2024
China approves smallest batch of generative AI services, signaling market saturation
China has approved a new set of generative artificial intelligence (GenAI) services, marking the smallest batch this year, indicative of a potential saturation in the domestic AI...
Monday 23 December 2024
Weekly news roundup: Chinese chip crackdown intensifies as global semiconductor landscape shifts
Semiconductor Week in Review (Dec 15 - 21) :
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...
Friday 20 December 2024
Brace for lengthy inventory correction: Chinese solar giants halt expansion plans amid market glut
Leading Chinese solar manufacturers, including Longi Green Energy Technology, Trina Solar, and JA Solar, have been forced to delay their production capacity expansions as they grapple...
Friday 20 December 2024
EU probes Chinese EVs with tariffs up to 35.3%, but cost edge remains
The European Union initiated a sweeping investigation into Chinese EVs in October 2023, imposing additional tariffs based on automaker compliance levels. BYD and Geely Auto face tariffs...
Friday 20 December 2024
China's chip equipment market faces triple threats: oversupply, sanctions, and structural shifts
The Chinese semiconductor industry faces a significant market correction as wafer fabs prepare for a downturn in 2025 amid oversupply concerns, causing substantial impacts across...
Thursday 19 December 2024
China leads battery materials as South Korea's Posco Future M faces exit; Lotte eyes LFP mass production
China's battery materials sector is thriving, backed by government subsidies, low electricity costs, and cheaper labor, enabling aggressive investment. In contrast, South Korean firms,...
Thursday 19 December 2024
Chinese automakers weigh Nissan tie-up amid US market challenges
Chinese automakers, including NIO, XPeng Motors, BYD, and Taiwan's Foxconn, are reportedly exploring partnerships with cash-strapped Nissan, leveraging its global distribution networks...
Thursday 19 December 2024
Chinese aggressive EVs push unleash historic crisis for German, Japanese auto giants
Germany and Japan have built powerful automotive manufacturing industries over decades, establishing global dominance with brands like Toyota, BMW, Mercedes-Benz, Volkswagen, Nissan,...
Thursday 19 December 2024
Chinese automakers and Foxconn said to have interest in buying Nissan
Chinese carmakers are rumored to be targeting financially troubled Nissan as a means of indirect entry into the US market. Rumors have also pointed to Foxconn as a possible suitor...
Thursday 19 December 2024
China, US policies drive rush orders, lifting TV panel makers' utilization rates
The Chinese government's subsidy program for energy-efficient appliances, combined with anticipated US tariff hikes, has triggered a sudden surge in TV demand in China and the US...