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Chinese chip maker Black Sesame slumps 26% in IPO as market turmoil worries investors

Black Sesame International, a Chinese chip maker focused on autonomous-driving systems, slumped in its Hong Kong trading debut as market…

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Chip maker Qualcomm forecasts upbeat revenue, warns of trade-curb impact

Chip maker Qualcomm forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for high-end Android devices…

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Tech

Chinese auto chip designer Black Sesame to raise up to US$143 million in Hong Kong IPO

Based in Wuhan, capital of central Hubei province, Black Sesame plans to float 37 million shares at a price range…

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Tech

ASML, Huawei and Qualcomm may be caught in the crossfire as SMIC runs risk of US blacklist in escalating tech war

Here’s a look at SMIC’s relationship with its publicly traded suppliers and customers, based on financial data from exchange filings…

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Tech

Xiaomi founder Lei Jun said US sanction fears spurred smartphone maker’s EV push

Lei Jun, founder and CEO of Chinese smartphone maker Xiaomi, said his fear of US sanctions in 2021 pushed him…

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Tech

China’s foldable smartphone market heats up with Samsung-ByteDance AI pact, Xiaomi launch

Beijing-based Xiaomi – the world’s third-largest smartphone vendor in the June quarter, according to research firm IDC – is expected…

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New Business Jobs

Exclusive | China’s third plenum: US executives eye first-hand insights from economy-centric conclave

A group of heavyweight US executives will head to Beijing next week, hoping to meet with Chinese officials to obtain…

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