Insights
China's industrial profits continued to rise in July, as reported on August 27. According to the National Bureau of Statistics, the cumulative year-on-year growth rate of profits for large-scale industrial enterprises reached 3.6% from January to July, an increase of 0.1% compared to the January t...
News
According to a report from Bloomberg, Applied Materials Inc. pointed out that the U.S. Department of Justice (DOJ) has requested information regarding its federal grant applications, further intensifying the government's investigation into the company's operations. Per a regulatory filing last we...
News
China has turned itself into “the world’s market” for semiconductor, while it eyes to play a crucial role in chip manufacturing by procuring more equipment. The latest reports by Bloomberg and Technews, citing data from China’s General Administration of Customs, indicates that Chinese impor...
News
Earlier in July, ASML CEO Christophe Fouquet noted that though China’s progress on cutting-edge chips is ten years behind the U.S., the world is in need of the legacy chips it manufactured. Now it seems that in order to become “the world’s factory,” China has to turn itself into “the world...
News
Per Korean media theElec on August 19, Samsung Electronics is considering outsourcing part of its Micro LED display production to a third party including China-based MTC. According to industry sources cited by Korean media, Samsung is currently evaluating the possibility of outsourcing production...