As 2025 drew to a close, China’s chip industry was accelerating its consolidation push. After SMIC unveiled plans to acquire the remaining 49% stake in its Beijing subsidiary in a 40.6 billion yuan ($5.8 billion) share-based deal, the country’s second-largest foundry, Hua Hong Semiconductor, ann...

Recently, a number of Chinese universities and research institutions have achieved major progress in semiconductor-related fields. These advances span key areas such as memory, power semiconductor and IC design. IME CAS Achieved Major Progress in High-Density 3D DRAM Research A research team f...

Recently, Guotou Jixin (Beijing) Equity Investment Fund (Limited Partnership) (“Guotou Jixin”), an investment vehicle under the Phase III China Integrated Circuit Industry Investment Fund Co., Ltd. (the “Big Fund Phase III”), has taken an equity stake in IC substrate maker AKM Meadville (Xia...

SMIC to Buy the Remaining 49% Shares of SMIC North and to Bring in New Investors On December 29, Semiconductor Manufacturing International Corporation (SMIC) released an announcement widely seen as a textbook case of balance-sheet management. By buying profits and introducing state capital in loc...

China has finalized its 2026 consumer goods trade-in policy, marking the program’s third consecutive year of supporting domestic consumption. According to Reuters and CCTV News, Beijing has set aside 62.5 billion RMB ($8.94 billion) in ultra-long-term special treasury bonds to fund the initiative,...