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China semiconductors: Beijing moves to prevent tax incentive abuse with new policy draft

China clarified eligibility for chip companies seeking tax incentives in a move aimed at preventing abuse after many firms jumped in looking for quick profit gains. ....

Tax Incentives , வரி சலுகைகள் ,

How China's chip industry is striving for self-reliance?


How China s chip industry is striving for self-reliance?
chinadaily.com.cn |
Updated: 2021-02-05 10:14
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China s semiconductor industry is embracing unprecedented opportunities as the government has emphasized technological innovations and intensified efforts to develop chips at home.
Why have semiconductor talents decided to come back? What are chip companies business focus and their outlook? What does the capital market think about future challenges of the chip industry?
Check this video and find all the answers.
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CMC Materials Reports Record Revenue for the First Quarter of Fiscal 2021 and Raises Full Year Guidance

Record Revenue of $287.9 Million, 1.7% Higher than Last Year and 5.0% Higher Sequentially Due to Strong Growth in CMP Slurries and CMP PadsDiluted Earnings Per Share (EPS) of $1.07; Adjusted Diluted EPS1 of $1.92, Flat Compared to Last Year Expecting Revenue for Second Quarter Fiscal 2021 to be Up Low Single Digits SequentiallyRaises Full Fiscal Year 2021 Adjusted EBITDA to be Between $367 Million and $387 Million AURORA, Ill., Feb. 03, 2021 (GLOBE NEWSWIRE) CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its first quarter of fiscal 2021, which ended December 31, 2020. Key Highlights for the First Quarter Stronger demand in Electronic Materials, which represents over 80% of the company’s revenue, drove a revenue increase of 1.7% compared to the same quarter last year. The increase was slightly offset by lower revenue from pipeline and industrial materials (PIM) ....

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