The World Integrated Circuit Association (WICA) recently released its 2023 ranking of the top 100 cities in the global semiconductor industry. According to the list, the U.S. and China each have 26 cities represented, leading the rankings. South Korea, Japan, and Taiwan have 9, 9, and 5 cities liste...

The People's Bank of China (PBOC) announced on August 20 that the 1-year and 5-year Loan Prime Rates (LPR) would remain unchanged at 3.35% and 3.85%, respectively, in line with market expectations. In July, the PBOC had lowered the 7-day reverse repo rate, leading to a 10 basis point reduction in bo...

On August 15, China's Ministry of Commerce announced restrictions on the export of the strategic mineral antimony for national security reasons, set to take effect on September 15, 2024. According to sources cited by the Commercial Times, the market price of antimony could skyrocket to USD 30,000 p...

According to a report by Nikkei, Chinese semiconductor equipment manufacturer Advanced Micro-Fabrication Equipment Inc. (AMEC) has announced that it has filed a lawsuit against the U.S. Department of Defense (DOD) in a U.S. court over being blacklisted as a Chinese military-industrial company. Re...

According to a report from The Wall Street Journal citing sources on August 13th, it's revealed that Chinese internet companies and telecom operators have been testing Huawei's latest processor, the "Ascend 910C," in recent weeks. Reportedly, Huawei has informed potential customers that this new chi...