Jiangsu Advanced Memory Semiconductor (AMS) has issued an announcement officially declaring the failure of its restructuring plan. This not only marks the final collapse of China’s last 12-inch wafer fab project, but also serves as a typical example of the wave of unfinished tech ventures in the c...

According to Chinese media outlet ITHome, Chinese EDA firm Empyrean Technology has announced it will no longer proceed with its planned acquisition of Xpeedic, citing a failure to reach agreement on key terms. The report notes that on July 9, the company issued a statement confirming the termination...

According to Bloomberg, the Trump administration has eased certain export license requirements for selling EDA software to China. As part of a trade agreement finalized last week, the U.S. agreed to permit shipments of chip design tools, ethane, and jet engines—on the condition that Beijing honors...

On June 26, China officially launched its independently developed next-generation general-purpose processor — the Loongson 3C6000 (LS3C600) — in Beijing. The LS3C600 is built on China’s self-designed instruction set architecture, LoongArch, and requires no foreign licensed technologies. As ...

According to Anue, Chinese GPU unicorns Moore Threads and MetaX had their STAR Market IPO applications accepted on Monday, June 30. Moore Threads plans to raise RMB 8 billion. MetaX aims to raise RMB 3.904 billion, with a total investment of RMB 5 billion. As noted by Economic Daily News, this move ...