News
China's export controls on antimony are set to take effect on September 15th. Furthermore, according to a report from Liberty Times Net, it is indicated that these controls could be escalated, with plans to impose additional restrictions on tungsten by the end of this year. Addressing the matter,...
News
Recently, two industrial moves took place in Shanghai's integrated circuit (IC) sector. First, the Shanghai Integrated Circuit Industry Investment Fund (Phase II) Co., Ltd. (hereinafter referred to as "Shanghai IC Industry Fund Phase II") received a substantial capital increase. Second, 14 key...
News
The World Integrated Circuit Association (WICA) recently released its 2023 ranking of the top 100 cities in the global semiconductor industry. According to the list, the U.S. and China each have 26 cities represented, leading the rankings. South Korea, Japan, and Taiwan have 9, 9, and 5 cities liste...
Insights
The People's Bank of China (PBOC) announced on August 20 that the 1-year and 5-year Loan Prime Rates (LPR) would remain unchanged at 3.35% and 3.85%, respectively, in line with market expectations. In July, the PBOC had lowered the 7-day reverse repo rate, leading to a 10 basis point reduction in bo...
News
On August 15, China's Ministry of Commerce announced restrictions on the export of the strategic mineral antimony for national security reasons, set to take effect on September 15, 2024. According to sources cited by the Commercial Times, the market price of antimony could skyrocket to USD 30,000 p...