Beijing Onmicro Electronics Co. (OnMicro), a top Chinese fabless RF chip designer, filed for an IPO on the Shanghai STAR Market on March 28, 2025. The company seeks to raise around CNY2.067 billion (approx. US$281.4 million), becoming the second unprofitable firm cleared under the updated STAR Market listing rules. With backing from Xiaomi and Huawei, OnMicro aims to break the foreign stronghold on high-end RF front-end semiconductors.
President Donald Trump's reciprocal tariff policy has sent shockwaves across global markets. Although many countries have since proposed countermeasures, it's expected that these tariffs will lead to significant adjustments in product prices, with the tariff costs gradually passed down the supply chain to end consumers. Supply chain professionals emphasize that the key issue will be how much flexibility and acceptance the market has for these added costs.
