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China s SMIC ranks as world s third-largest chip foundry by sales in first quarter on back of strong domestic demand

China s SMIC ranks as world s third-largest chip foundry by sales in first quarter on back of strong domestic demand
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China s chip champion SMIC reports slump in revenue, income for 2023 amid weak market, stiff competition

Semiconductor Manufacturing International Corp, China’s top contract chip maker, reported lower revenue and net income for 2023 amid weaker global demand, stiff competition and high inventories.

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Huawei has a big problem with the popular Mate 60 5G smartphones: there s not enough supply to meet growing demand

Huawei Technologies is scrambling to crank up production of its new 5G smartphones to meet demand, according to analysts, as the wait time for its popular Mate 60 Pro model - the handset equipped with an advanced made-in-China chip that defies US sanctions - has been extended up to three months. "Production capacity can't meet demand, which is the reason Huawei is doing pre-orders," said Counterpoint Research senior analyst Wang Yang, adding that presales help buy some time for Huawei to secure

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Taiwan s exports slip again after brief uptick, with weak iPhone sales driving decline

Export numbers from September appeared to signal a change in fortune for Taiwan’s monthly figures, but the October data suggest that change was more a temporary blip than the vanguard of a full turnaround.

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What s Going On With Alibaba Stock Tuesday? - Alibaba Gr Holding (NYSE:BABA)

Alibaba Group Holding Limited (NYSE: BABA) stock is trading higher Tuesday amid reports of Apple Inc's (NASDAQ: AAPL) 

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