US Biden Administration Attracts Significant Global Investment with Semiconductor Support Act
▲ The US Biden administration achieved the result of attracting a significant amount of investment from global companies by implementing the Semiconductor Support Act. US President Joe Biden. [비즈니스포스트] The consequences of the Semiconductor Support Act (CHIPS) led by the US Biden administration are becoming more apparent. This is because significant investment has been attracted […]
Huawei P70 Series Launch Postponed to April: What to Expect
Smartphone case for the Huawei P70 series [사진: 웨이보] [디지털투데이 AI리포터] Huawei has postponed the launch of its next-generation flagship ‘P70’ series to April instead of March as initially planned, media outlet IT Phone Arena reported on the 12th (local time), citing China’s SNS Weibo. According to Digital Chat Station, which shared the information, the […]
China’s Semiconductor Development and Repercussions on the Global Economy
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Analysis of Public Fund Holdings in 2023 Quarterly Report: Reductions in Kweichow Moutai, CATL, and Tencent Holdings, But Increases in Pharma and Tech Stocks
(Original title: The 2023 quarterly report of public funds with heavy holdings is released: Kweichow Moutai, CATL, and Tencent Holdings have all been reduced! However, the holdings of heavy holdings in these two major industries have increased ) With the basic disclosure of the fund’s quarterly reports, the general holdings of public funds in the […]
Chinese Startups Use Technology to Break Through US Chip Blockade
China’s new industries are using technology in an attempt to break through the blockade in the United States that limits the development of Chinese chips. (AFP) Chen Lizhu / Verification Editor [Sianel Ariannol / Adroddiad Cynhwysfawr]The US government wants to curb China’s chip industry and tighten the ban on the export of Chinese chips twice […]
Chip Stocks Experience Sharp Decline in Quarterly Profits: SMIC Announces 80% Decrease
Two chip stocks reported their quarterly results on Thursday, with profits falling by 80% or more year over year. However, SMIC saw a sharp rebound on Friday morning. The company’s net profit for the third quarter ended September 30 was approximately US$93.98 million, a decrease of 80% from the same period last year. SMIC attributed […]
SMIC and Hua Hong Semiconductor Release Earnings: Recovery of Semiconductor Market Enters ‘Double U’ Trend
SMIC Zhao Haijun: Semiconductor Market Recovery Extended to Two Years in “Double U” Trend The third quarter saw the semiconductor market enter a “Little Indian Spring” due to new mobile phone product releases. However, the wafer foundry giants do not share the same optimism for market recovery. In their financial reports for the third quarter […]
US Commerce Secretary Finds No Evidence of Huawei Using Banned Technology, Investigation Continues
US Commerce Secretary Finds No Evidence of Huawei Using Banned Technology in Phones By [Author’s Name] The US Commerce Secretary, Gina Raimondo, dismissed claims that Huawei had utilized forbidden technology in the production of its latest smartphones, stating that there was no evidence to support these allegations. However, she affirmed her commitment to continuing the […]
China’s SMIC Chip Market Continues to Thrive with Long-Term Confidence in Industry Prospects
China Emerges as Dominant Player in SMIC Chip Market In recent news, it has been revealed that China has firmly established itself as the largest consumer market for SMIC chips worldwide, underscoring its unwavering confidence in the industry’s future prospects. The Q2 financial report released by SMIC, China’s leading wafer foundry, showed a decline in […]
SMIC: The integrated circuit industry as a whole is still at the bottom and market demand is weak
According to news from Jiwei.com, recently, an investor asked a question on the investor interaction platform: What is the reason for the company’s profit on net assets fell sharply in the first quarter and today’s stock price fell five points? Please let me know? SMIC (688981.SH) said on the investor interaction platform on June 12 […]
