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2024-10-01

[News] China’s Manufacturing PMI Remains in Contraction in September, Showing the Urgency of Stimulating Demand

China's Manufacturing PMI remained in contraction in September, according to data released by China’s National Bureau of Statistics on September 30. China Manufacturing PMI was 49.8% in September, showing a slight improvement of 0.7% from the previous month but still below the 50-point mark, in...

2024-10-01

[News] Samsung Foundry Faces Yield Struggles and Client Losses, External Push for Spinoff and U.S. Listing

Samsung’s foundry business faces ongoing losses and strategic uncertainty. A report from Business Korea reveals that Samsung Securities, a subsidiary of the group, issued a report in July titled "Geopolitical Shifts and Industry," recommending that Samsung spin off its foundry division and list it...

2024-10-01

[News] Market Demand Falls Short of Expectations; Midstream and Downstream Prices Remain Under Pressure

Polysilicon Transaction Overview: The recent round of deals has mostly been completed. After polysilicon manufacturers firmly maintained their prices, transaction volumes shrank. The ingot manufacturers, facing difficulties in passing costs downstream, are resistant to price hikes on the raw mate...

2024-10-01

[News] Huawei Reportedly Begins Sampling of Ascend 910C to Rival NVIDIA

Amid market rumors that the Beijing authority has been advising local companies not to use NVIDIA’s H20, which is tailored for the Chinese market, tech conglomerate Huawei is said to initiate sampling of its latest AI accelerator, Ascend 910C, to Chinese customers, according to reports by the Sou...

2024-10-01

[News] Sony and Kioxia Reportedly Plan Additional Investments in Chip Foundry Rapidus

Japanese government-backed foundry Rapidus aims to begin mass production of 2nm chips by 2027. According to a MoneyDJ report, existing shareholders like Sony and NAND Flash giant Kioxia are reportedly considering additional investments to support the company's funding needs. The Japan Times cited...

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