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Hua Hong Semiconductor's net profit plummeted 86% in the third quarter from the same period last year as the Chinese semiconductor manufacturer trims prices to an all-time low amid a downturn in the consumer electronics sector.
Chinese MEMS provider Fatri UTC (西人马联合测控科技有限公司) and Jiading District government in Shanghai reached strategic cooperation.
Chinese integrated circuit packaging and testing services provider Forehope Electronic announced the investment of RMB2.157 billion ($297.85 million) to build a high-density and hybrid IC packaging and testing plant.
The reliance on imported equipment and design software has become a big pain point
Chinese imports of semiconductor manufacturing equipment rose more than 90% on the year last quarter
Chinese lithography giant Shanghai Microelectronics Equipment (SMEE上海微电子) plans to apply for an initial public offering and Chinese listing of stocks, said investment company China Securities on November 2.
Wingtech Technology will sell one of the UK wafer plants of its Dutch subsidiary Nexperia due to pressure from local government
China's leading chipmaker SMIC reported $1.62 billion revenue in the third quarter of 2023
Japan's Nikon recently decided to export to China mature process lithography machines
Intel recently announced internally that Lee Choon Heung (Li Chunxing) would take over as the general manager of its packaging and testing department.