China


2024-03-12

[News] Assistant to SMIC’s Co-CEO Joins CXMT, Drawing Industry Attention

With the rising demand in the memory market and Chinese memory companies actively preparing for competition, a report from TechNews indicates that Zhou Meisheng, formerly the assistant to SMIC's co-CEO Liang Mengsong, has joined ChangXin Memory Technology (CXMT) as the head of the Technical Researc...

2024-03-11

[News] China’s Third Big Fund Reportedly Set to Inject USD 27 Billion to Counter US Chip Restrictions

China is reportedly in the process of establishing its third-phase of its big fund, with plans to inject USD 27 billion in funding aimed at supporting top-tier technology development, as per Bloomberg’s report. The goal is said to be enhancing China's semiconductor self-sufficiency and overcoming ...

2024-03-11

[News] US Government Considers Adding ChangXin Memory Technologies to Entity List, Imposing Further Sanctions on Chinese Firms

According to sources cited in Bloomberg's report, the US government is considering imposing sanctions on Chinese technology firms, including ChangXin Memory Technologies (CXMT), in its latest move against China's advanced semiconductor sector. The same report has pointed out that the US Departmen...

2024-03-07

[News] Subsidies to TSMC from Japan and China Increase Over Fivefold Annually

Geopolitical factors are driving countries to actively establish semiconductor manufacturing locally and offer subsidies. According to TSMC's annual report, subsidies received from Japan and China amounted to NTD 47.545 billion in 2023, signaling a 5.74-fold increase from the previous year, reaching...

2024-03-05

[News] Continuous Breakthroughs in SiC Substrates, Global 8-Inch Fab to Reach 11

In recent years, with the continuous surge in demand for Silicon Carbide (SiC) substrates, the call for cost reduction in SiC has been growing stronger, as the ultimate product price remains the key determinant for consumers. The cost of SiC substrates accounts for the highest proportion in the enti...

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