computer chips


SMIC records first profit after listing on China’s tech board

SMIC records first profit after listing on China’s tech board

(ATF) SMIC, China's largest contract chipmaker, has recorded its first profit since listing on China’s Nasdaq-style STAR Market despite pressure from US sanctions. And local media say the firm has told customers they will face a 15-30% price rise amid the global chip shortage.The company recorded revenues of 27.5 billion …

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SMIC and Shenzhen govt to invest $2.35 billion in new foundry

SMIC and Shenzhen govt to invest $2.35 billion in new foundry

(ATF) China’s largest chipmaker Semiconductor Manufacturing International Corp (SMIC) said on Wednesday it planned to jointly invest in a $2.35-billion project with the government of Shenzhen to make 40,000 wafers per month in the southern Chinese city from 2022. SMIC said in a exchange filing that Shenzhen government company Shenzhen …

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China, US trade associations team up for dialogue on chips

China, US trade associations team up for dialogue on chips

(ATF) Chip stocks have rallied since China’s major trade association for the sector said it will set up a working group with its US-based counterpart, as analysts expect the tie-up to help fill a gap for dialogue as US President Joe Biden has shown no sign yet that he wants …

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China seeks self-sufficiency as chip shortage hits car production

China seeks self-sufficiency as chip shortage hits car production

(ATF) China strives to strengthen self-sufficiency of chips by matchmaking automakers and suppliers and stockpiling chipmaking machines as the global shortage of computer chips forces auto plants to halt production. However, analysts expect the disruption to auto production to continue until at least the third quarter.While Covid-19 has disrupted chipmaking …

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World's biggest chipmakers heading to the US

World's biggest chipmakers heading to the US

(ATF) The two biggest chipmakers in Asia are setting up shop in the United States. TSMC – Taiwan Semiconductor Manufacturing Co – has got a legal go-ahead to build a semiconductor plant in Phoenix, and Samsung Electronics is headed in the same direction with similar multi-billion-dollar plans.Indeed, they might even …

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Biden sends warning to China on chips and rare earths

Biden sends warning to China on chips and rare earths

(ATF) President Biden sent an effective warning to China on Wednesday February 24 as he signed an executive order for a review of supply chains that will cover semiconductor chips and rare earths.Biden signed the executive order after a meeting with both Democratic and Republican politicians that he hailed as …

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Huawei chip stockpile 'can't meet demand' for new premium phone

Huawei chip stockpile 'can't meet demand' for new premium phone

(ATF) The chip inventory that Huawei stockpiled before US sanctions hit full force and reserved for its new Mate X2 smartphone is likely not enough to cover consumer demand, judging by the phone’s pre-sale booking volume. Huawei launched the Mate X2 on Monday, which highlights the Chinese tech firm’s continued …

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Yin and yang in the Year of the Ox: autos and semiconductors

Yin and yang in the Year of the Ox: autos and semiconductors

(ATF) For decades, automotive production and semiconductors operated in mostly separate domains: steel, motors, glass and noise in one; silicon, switches and silent electrons whizzing about in another. The preponderance of the world’s fleet – more than 1 billion passenger vehicles alone today – could make do with but a …

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Huawei boss looking at opportunities in mining sector 

Huawei boss looking at opportunities in mining sector

(ATF) Huawei Technologies’ founder and CEO Ren Zhengfei expects new business opportunities, such as unmanned coal mining, to offset the impact of the US chip ban on his smartphone business and he admits it's “extremely unlikely” that Washington will lift its bans on the group.Ren spoke to reporters this week …

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Huawei challenges US FCC ban, Biden appointee stands firm

Huawei challenges US FCC ban, Biden appointee stands firm

(ATF) Huawei has filed a legal challenge to its designation as a US national security threat by the Federal Communications Commission (FCC) but the agency under BIden’s new acting head Jessica Rosenworcel said it was sticking by the decision taken under the previous administration. "Last year the FCC issued a …

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