News
According to a report by Commercial Times, citing South China Morning Post, as the U.S. and EU intensify sanctions on Chinese electric vehicles (EVs), Chinese EV manufacturers are shifting their focus to Africa, accelerating efforts to establish flagship stores and assembly plants across the contine...
News
According to a report in South China Morning Post, China's leading chip-packaging company, Changjiang Electronics Technology Co. (JCET), recently announced a significant restructuring of its board of directors following the acquisition of a 22.5% stake by the state-owned China Resources Group, as t...
News
The U.S. has tightened restrictions on foundries supplying 7nm and below chips to Chinese clients. According to a report from Economic Daily News, following TSMC’s suspension of services to restricted Chinese clients, rumors suggest that South Korea’s Samsung is also affected by U.S. restriction...
Insights
China has yet to shake off the short-term risk of deflation, according to data released by the National Bureau of Statistics on November 9. China's Consumer Price Index (CPI) rose by 0.3% year-on-year in October , marking a 0.1 percentage point decline from the previous month. On a month-on-month...
News
According to Liberty Times, citing Chinese meida outlet TMTPost, as the U.S. has imposed sanctions on China's semiconductor industry since 2019, over 22,000 Chinese chip companies have shut down as of the end of 2023. The report pointed out that a large number of Chinese chip companies have gon...