Subject


China


2024-05-10

[News] U.S. Reportedly to Announce New Tariffs on Chinese EVs and Other Products as Early as Next Tuesday

According to sources cited in a report from Bloomberg, the US administration is expected to announce its decisions on tariffs for imported goods from China as early as next week. The tariff decision is anticipated to target key strategic industries, including electric cars, The tariff decision is a...

2024-05-10

[News] China’s Leading Semiconductor Foundry, SMIC, Sees 68% Decline in Q1 Net Profit

On May 9th, China's leading semiconductor foundry, SMIC International, announced its financial report for the first quarter of this year. It revealed a revenue of USD 1.75 billion, a year-on-year increase of 19.7%, and a net profit of USD 71.8 million, marking a significant 68.9% decrease compared t...

2024-05-10

[News] Chip Sales Ban on Huawei Leads to Intel’s Downgraded Q2 Revenue

According to a report from Bloomberg, Intel, the chip giant, expects its revenue for the current quarter to be impacted after the US government revoked chip sales licenses to Huawei. Intel estimates that its revenue for the second quarter of this year will be below USD 13 billion, though still withi...

2024-05-09

[News] SK Hynix Subsidiary in China Reportedly to Sell 49.9% Stock to Local Business

SK Hynix has reportedly decided to sell the subsidiary equipment of its Chinese manufacturing plant to an investment company owned by the Wuxi Municipal Government, leading to speculation that SK Hynix may be withdrawing from its Chinese manufacturing business. According to reports from The Kore...

2024-05-09

[News] Rising Chinese GPU Contender Emerges? Achieving Local GPU Production in Three Years, Claims “Outperforming AMD”

The latest challenger has emerged in the battle for dominance in China's GPU and graphics card market. China's LinJoWing has unveiled its self-developed second-generation graphics processing chip, the GP201, reportedly boasting performance metrics surpassing that of AMD's E8860 embedded graphics ca...

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