China


2024-04-09

[News] Rumors of Selling Indian iPhone Assembly Plant? Pegatron Denies Media Speculation

Earlier, Reuters reported that contract manufacturer Pegatron was in talks to sell its sole iPhone assembly plant in India to Tata Group, and discussions were in advanced stages. Regarding this matter, Pegatron told CNA reporters that this report was speculative and lacked evidence, declining to com...

2024-03-29

[News] US Reportedly Targets Key Chip Manufacturing Equipment, Urges Allies to Tighten Maintenance Services

The US government, according to a report from Reuters, is asking allies to stop domestic companies from servicing certain chip-making tools for Chinese customers, a U.S. Commerce department official said on March 27th. "We're pushing for not servicing of those key components and these are the dis...

2024-03-29

[News] Sales Decline Leads to Sharp Profit Drop for SMIC in 2023

SMIC, the leading semiconductor foundry in China, announced its financial results on March 28th. The company's revenue for 2023 was USD 6.32 billion, a decrease of 13.1% compared to the previous year. However, the net profit for the full year plummeted by a staggering 50.4%, dropping to USD 903 mill...

2024-03-27

[News] China Imports 32 Lithography Systems in 2 Months, Shanghai and Beijing Top Buyers

Despite Western chip equipment export bans, China reportedly has imported 32 lithography systems from the Netherlands in Jan-Feb 2024, marking a 256.1% YoY growth. According to China Customs data, Jan-Feb 2024 imports from the Netherlands totaled USD 1.057 billion, up 256.1% YoY, but down 44.8% ...

2024-03-27

[News] AMD CEO Lisa Su Identifies AI as the “Most Revolutionary Tech in 50 Years”

In an interview with Chinese media Sina, Lisa Su, CEO of AMD, emphasized that AI is the most revolutionary technology in the past 50 years. She believes that AI-powered PCs will play a crucial role in driving the growth of the PC market this year. Su led AMD's AI PC Innovation Summit in Beijing l...

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