Dongguan

New Business

Furniture retailer Ikea to close 7 stores in China amid property market slump

Ikea will close seven stores in mainland China, as the multinational furniture retailer grapples with the country’s weak property market…

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New Business

Travellers hoof it in China as horseback tourism makes strides

Hong Kong-based entrepreneur Chan Shan Shan is a frequent traveller to mainland China. But rather than the usual activities or…

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New Business

Nexperia China eyes new wafer suppliers in 6 months amid legal fight with Dutch chipmaker

Nexperia China, the estranged unit of the Dutch chipmaker, is pushing forward with efforts to secure new wafer suppliers in…

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New Business

As I see it | How Nexperia became a casualty of the US-China trade war

Don’t bring a knife to a gunfight, they say. Alas, the Dutch government has been a slow learner. No matter,…

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New Business

From chips to noodles: the newcomers testing Hong Kong’s buoyant IPO market

Hong Kong’s booming fundraising market is set for another busy week, with four companies scheduled to debut this week and…

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New Business

Tensions flare as Wingtech slams chipmaker Nexperia’s head office over deception

Wingtech accused Nexperia’s head office of being insincere after the Dutch head office publicly released a letter that said the…

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New Business

Co-founder of Chinese EV battery giant pockets US$239 million windfall from 1% stake sale

Huang Shilin, co-founder of Contemporary Amperex Technol­ogy (CATL) and its third-largest shareholder, has cashed in on a rally in the…

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New Business

US-China tech war: Nexperia saga exposes Europe’s loosening grip on chip supply chain

The Nexperia factory in Dongguan, in the heart of southern China’s Pearl River Delta, has long been a poster child…

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New Business

Nexperia crisis: Beijing agrees to talks with Dutch officials in China

Chinese officials have agreed to hold talks with their Dutch counterparts regarding the Nexperia crisis, which has thrown the global…

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New Business

How Nexperia’s China unit can meet chip orders amid European fabs’ suspended wafer supply

Nexperia’s China unit is expected to be capable of making deliveries to clients on the back of the domestic semiconductor…

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