Despite escalating U.S. chip sanctions, China’s foundry giant SMIC reported Q4 2024 revenue of $2.207 billion, up 31.5% year-over-year, according to its its press release. However, its net profit fell 38.4% to $108 million, as noted by Commercial Times. Commercial Times, citing Chinese media, r...

According to a report from MoneyDJ, citing Nikkei, global leading semiconductor companies have reduced their investment due to weak demand and overcapacity in semiconductors for electric vehicles (EVs) and smartphones despite the robust demand for AI-related semiconductors. Notably, this marks the...

12-inch wafer fabs play a crucial role in semiconductor manufacturing. By the end of 2024, several major projects have made headlines. Production has commenced for five 12-inch wafer lines from Runpeng Semiconductor, Tiancheng Advanced, Yandong Microelectronics, Guangzhou Chip Semiconductor, and Hua...

As TSMC keeps making strides in advanced nodes, its Taiwanese foundry peers may be facing tough competition on mature nodes from Chinese rivals, including SMIC, Hua Hong Group, and Nexchip, as per Economic Daily News. The report indicates that recently, prices for 12-inch wafers from Chinese foundri...

Rumors have been circulating that the Biden administration might announce new export restrictions targeting China around Thanksgiving. Now more details have surfaced, as a report from Bloomberg indicates that additional restrictions on the sale of semiconductor equipment and AI memory chips to China...