Semiconductor Manufacturing International Corp (SMIC), mainland China’s largest contract chipmaker, has divested its entire stake in an unprofitable chip foundry…
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The new AI fund’s scope of business includes general equity investment and asset management, according to the registry service, which…
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Since 2022, China’s economy has been haunted by a weak recovery. Real gross domestic product (GDP) growth has fallen below…
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The Beijing municipal government has set up a new semiconductor investment fund, as China ramps up support for its chip…
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In the first seven months of 2024, chip imports totalled 308.1 billion units, worth about US$212 billion, according to data…
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