chip shortage Archives

Beijing to Promote Improvement of Automobile Chip Supply

Yang Xudong, an officer of China's Ministry of Industry and Information Technology (MIIT), said that the government will aim to support the domestic automobile computer chip industry.

WM Motor Submits IPO Application to HKEx

Chinese automaker WM Motor has submitted its application for a public listing to the Hong Kong Stock Exchange (HKEx), with Haitong International, CMB International and BOC International serving as joint sponsors.

Huawei and XPeng Executives Express Views on EV Development

Richard Yu, the managing director of Huawei and CEO of its Terminal Business Unit, as well as He Xiaopeng, the founder of XPeng Motors expressed views on EV development.

XPeng Founder Calls for Restoring Supply of Automobile Chips

He Xiaopeng, the founder and chairman of Chinese automaker Xpeng Motors, issued comments through social media on Thursday regarding the gradual recovery of automotive supply chains amid the ongoing global shortage of computer chips.

US Prepares Broader Crackdown on Chinese Chipmakers

The United States Department of Commerce is considering a ban on Chinese companies selling advanced chip manufacturing equipment.

AI Chip Firm Tsing Micro Bags Several Hundred Million Yuan in B-Round Financing

Beijing-based AI computer chip company Tsing Micro announced on Friday that it has completed a B round of financing worth several hundred million yuan.

Hua Hong Semiconductor to List on Shanghai STAR Market

Shanghai-based semiconductor wafer manufacturer Hua Hong Semiconductor announced on Monday that its board of directors had approved the preliminary proposal for a possible listing to the Shanghai STAR Market.

Midea to Invest $1B in NEV System Solutions

Leading Chinese electrical appliance manufacturer Midea Group released a record of investor relations activities on Thursday.

WM Motor Raises Price of Some NEV Models

NEV brand WM Motor announced on Wednesday that due to factors including rising parts prices, the production schedule and price of some models will be adjusted from March 1.

AI Chip Maker Axera Secures $126 Million in A++ Financing Round

Axera, a Chinese startup developing artificial intelligence (AI) chips for computer vision applications, announced on Monday the completion of an A++ round of financing, with a total amount of 800 million yuan ($126 million).

Communication Chip Manufacturer ASR Microelectronics Listed to Shanghai’s STAR Market, Shares Fall on Debut

ASR Microelectronics, a communication chip manufacturer, on Friday was officially listed to the Shanghai Sci-Tech Innovation Board (STAR Market), but saw its share price fall on its first day of trading.

Founder of SMIC Zhang Rujing Joins Hands with Wanye Enterprises to Establish Jiaxin Semiconductor

Dr. Zhang Rujing, founder of Semiconductor Manufacturing International Corporation (SMIC), is about to enter the field of domestic equipment with Wanye Enterprises.

China’s 2021 Vehicle Output to Drop by 2.15 Million Due to Chip Shortage, Accounting for 19% of Global Reduction

According to the latest data from AutoForecast Solutions, as of December 5, the ongoing shortage of chips has caused a cumulative reduction of 10.122 million vehicles in the global automotive market, among which the cumulative output reduction in China reached 1.982 million vehicles.

System on Chip Company Actions Semiconductor Goes Public on Shanghai Stock Exchange

The company is a well-known low-power System on Chip (SoC) designer in China, focusing on providing professional integrated chips for smart Internet of Things devices.

Zepp Health’s OBM Shipments Increases by 89% YoY in Q3 Amid Chip Shortage

Zepp Health released its financial report for the third quarter of 2021 on Tuesday. The company's revenue was 1.6 billion yuan ($249.3 million), down 28.1% compared with the same period of last year.

Everything about China's Innovation