semiconductor Archives

ByteDance Acquires Stake in Xinyuan Semiconductors

ByteDance, the parent company of TikTok, has strategically invested in Xinyuan Semiconductors, a China-based memory chip manufacturer, according to recent corporate records.

Semiconductor Foundry Giant SMIC’s Q1 Net Profit Decreases by 44% YoY

SMIC, a prominent Chinese semiconductor foundry company, released its financial report for the first quarter. The company reported an operating revenue of 10.209 billion yuan ($1.47 billion), which is a decrease of 13.9% compared to the previous year's figures.

US Chip Designer Marvell to Begin Layoffs in China

Marvell, a US-based chip designer, has reportedly decided to dissolve all of its Chinese research and development (R&D) teams. Marvell had already undergone significant layoffs in China in October of last year.

Power Semiconductor Maker E-tronic Secures Series A+ Financing

E-tronic, a provider of power semiconductors and system solutions for electric vehicles, has recently announced the completion of its series A+ financing round raising tens of millions of yuan. The funding was exclusively led by Sinovation Ventures.

Ex-Chairman of Tsinghua Unigroup Transferred to Procuratorial Authorities

Zhao Weiguo, the former chairman of the Chinese semiconductor company Tsinghua Unigroup, was transferred to the procuratorate for investigation and prosecution on suspicion of duty-related crimes, China's top supervision watchdog reported on March 20.

Texas Instruments Sets High Expectations for the Chinese Market

During a media communication meeting on March 16, Jiang Han, Vice President of TI and President of TI China, stated that the company's latest objective is to attain $45 billion in revenue by 2030, with the growth rate in China exceeding that of the global growth rate.

Chips Shortage Fuels Wave of Smuggling Attempts Into China

Affected by the pandemic and global logistics complications, computer chips have become the latest precious cargo for smugglers entering China.

STMicroelectronics CEO Visits Chinese Customers in Automotive and Industrial Fields

Jean-Marc Chery, president and CEO of STMicroelectronics, and Jerome Roux, president of sales and marketing of STMicroelectronics, started visiting customers in China in November again, demonstrating the company's support for the Chinese market and its commitment to local customers.

BYD Semiconductor Terminates IPO to Prioritize Wafer Production Expansion

On November 15, BYD terminated the listing of its subsidiary BYD Semiconductor, as its wafer production capacity is still far from meeting demand. Priority will now be given to large-scale wafer production capacity investment.

Wingtech’s Nexperia Acquires Dutch Chip Firm Nowi

Nexperia, a subsidiary of Hong Kong-based semiconductor company Wingtech, announced that it had completed an acquisition of Dutch chip firm Nowi on November 11.

American Semiconductor Maker Texas Instruments to Finish Packaging and Testing Plant in Chengdu

Texas Instruments, a semiconductor design and manufacturing enterprise located in Texas, US, announced that its second packaging and testing plant at the manufacturing base in Chengdu, Sichuan Province, will be put into production within the next few months.

BYD Semiconductor Unveils Smart Surveillance Camera

BYD Semiconductor, a BYD subsidiary that is preparing IPO, announced on October 14 that it has created a smart surveillance camera that can be used in multiple scenarios and has a wide range of functions.

Lenovo Subsidiary Unveils Autonomous Driving Domain Controller, Denies Car-Making Plans

At the end of August this year, Chinese consumer electronics giant Lenovo stated that it would not seek to build its own cars. However, on October 11, LCFC, a subsidiary of Lenovo, released an autonomous driving domain controller called the EA-R600.

BYD Invests in Two Digital Signal Processor Makers

BYD, China Fortune-Tech Capital and other entities have recently invested in Advancechip, a digital signal processor (DSP) maker. Advancechip is the second DSP maker BYD has invested in so far this year.

A Look at Seven Listed Semiconductor Firms in China Backed by Huawei

In 2019, Huawei set up Shenzhen Hubble Technology Investment Partnership, an investment company which, to date, has invested in seven semiconductor companies that have gone on to be publicly listed.

BYD Semiconductor to Put 8-Inch Auto Chip Line Into Production Next Month

The Changsha branch of BYD Semiconductor Co., Ltd., a subsidiary of Chinese automobile manufacturer BYD, announced on September 5 that its key project, an 8-inch auto-grade chip production line, had been successfully installed.

Semiconductor Company IC Bench Completes Pre-A Round of Financing

IC Bench, a semiconductor technology company, announced on August 19 that it had completed the pre-A round financing, led by Intel Capital, and followed by Primarius and Lenovo Capital and Incubator Group.

Yinguan Semiconductor Secures Over 200 Million Yuan in Strategic Financing

On August 18, Yinguan Semiconductor announced that it held a strategic financing completion event at its Shanghai base. This round of financing was led by CCB Investment and Juntong Capital.

Chip Technology Firm Sandtek Secures 100M Yuan in Fresh Capital

Sandtek Corporation, a developer of semiconductor equipment and accessories, has recently completed financing of 100 million yuan ($14.7 million). Investors were Hillhouse Capital, FWI Capital and Guangdong Hengyitai Fund.

China’s SMIC Vies for Edge in Global Race to Chip Supremacy

SMIC, the leading Chinese chipmaker, aims to play a major role in the hastening semiconductor arms race.

Everything about China's Innovation