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Chinese appliance group Midea has dropped its pursuit of Electrolux AB after finding the Swedish home appliance maker unreceptive to a deal, highlighting the persistent difficulties of Chinese takeovers.
Intel is set to exit the 5G modem market by July and will undertake a technology transfer of its 5G WWAN (wireless wire area network) for PCs to two Chinese IC companies - MediaTek and Fibocom.
OPPO, Chinese smartphone giant, has made rapid progress with its self-developed chips over the last three years, but there are uncertainties in its dependence on core chip suppliers Qualcomm and MediaTek.
The top two smartphone SoCs suppliers to the Chinese mainland market in May are MTK and Qualcomm, said CINNO research on July 12.
JW Insights - China's top online media and consulting service focused on semiconductor and related ICT industry – celebrates its 13th anniversary in February 2021.
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