https://www.scmp.com/rss/508753/feed Semiconductor Manufacturing International Corporation (SMIC) is the largest semiconductor foundry company in mainland China. It is a partially state-owned publicly-listed Chinese company, and supplies Qualcomm, Broadcom and Texas Instruments, among other notable businesses. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Iris Deng Iris Deng China’s hunt for semiconductor talent has intensified as Beijing aims to achieve artificial intelligence breakthroughs amid deepening tech rivalry with the US, but the plans have triggered fresh probes by Taiwanese authorities into talent poaching by mainland Chinese firms in what analysts describe as a “quiet tech war” over the human capital. A total of 11 new mainland Chinese firms were put under investigation for allegedly poaching semiconductor and other hi-tech talent, according to Taiwan’s... https://www.scmp.com/tech/tech-war/article/3349072/semiconductor-ai-talent-race-heats-taiwan-tightens-crackdown-alleged-poaching?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3349072/semiconductor-ai-talent-race-heats-taiwan-tightens-crackdown-alleged-poaching?utm_source=rss_feed Mon, 06 Apr 2026 03:00:12 +0000 Ann Cao Ann Cao Semiconductor Manufacturing International Corp (SMIC) launched an action plan to enhance its current businesses and seek new growth in 2026, as the largest contract chipmaker in China aims to solidify its role as the backbone of the country’s self-sufficiency drive. Released alongside its annual report for 2025, the plan outlined a commitment to “optimising existing stock and digging for new increments”, the company said in a stock exchange filing on Thursday. The company said two trends would... https://www.scmp.com/tech/big-tech/article/3348044/chinas-top-chip-foundry-smic-unveils-action-plan-seizing-new-growth-opportunities?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3348044/chinas-top-chip-foundry-smic-unveils-action-plan-seizing-new-growth-opportunities?utm_source=rss_feed Fri, 27 Mar 2026 03:00:08 +0000 Ann Cao Ann Cao China’s chip exports jumped in the first two months of the year, according to the latest customs data, underscoring how Beijing’s push for semiconductor self-sufficiency is boosting both domestic demand and global market growth. Integrated circuit (IC) exports reached US$43.3 billion in January and February, an increase of 72.6 per cent from a year earlier, data from the General Administration of Customs showed on Tuesday. It far outpaced China’s overall export growth of 21.8 per cent in the... https://www.scmp.com/tech/big-tech/article/3346073/chinas-chip-exports-surge-73-ai-demand-fuels-semiconductor-growth?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3346073/chinas-chip-exports-surge-73-ai-demand-fuels-semiconductor-growth?utm_source=rss_feed Tue, 10 Mar 2026 06:58:12 +0000 Coco Feng Coco Feng China’s top semiconductor executives have called for a nationwide push to build a domestic alternative to Dutch chip-equipment giant ASML, urging the industry to “abandon illusions and prepare for struggle” amid US sanctions. The current industry was too “small, fragmented and weak”, which was “dispersing numerous public resources”, according to an article co-authored by the co-founder of Semiconductor Manufacturing International Corporation (SMIC) and leaders of Empyrean, Yangtze Memory... https://www.scmp.com/tech/article/3345557/top-chip-leaders-urge-national-drive-build-chinas-asml-amid-us-curbs?utm_source=rss_feed https://www.scmp.com/tech/article/3345557/top-chip-leaders-urge-national-drive-build-chinas-asml-amid-us-curbs?utm_source=rss_feed Thu, 05 Mar 2026 09:32:07 +0000 Ann Cao Ann Cao Chinese foundry Hua Hong Semiconductor said the global memory shortage was an opportunity to raise prices on its logic chips, as it reported record revenue for the fourth quarter of 2025. On its earnings call on Thursday, Hua Hong chairman and president Bai Peng said the memory supercycle was “a positive thing” as it gave the company room to raise prices on logic chips. “Memory certainly is in high demand nowadays, and that will reduce the supply on the logic side,” Bai said, adding that “if the... https://www.scmp.com/tech/tech-trends/article/3343427/hua-hong-says-memory-shortage-positive-pricing-it-reports-record-quarterly-sales?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3343427/hua-hong-says-memory-shortage-positive-pricing-it-reports-record-quarterly-sales?utm_source=rss_feed Fri, 13 Feb 2026 05:35:29 +0000 Ann Cao Ann Cao Semiconductor Manufacturing International Corp (SMIC), China’s largest contract chipmaker, said it expected first quarter revenue to remain flat as a decline in low-end orders partly offset surging demand for chips used in artificial intelligence applications. SMIC reported on Tuesday that 2025 revenue increased 16.2 per cent from a year earlier to US$9.3 billion, while net profit surged 39 per cent to US$685.1 million. The growth was mainly due to increases in wafer shipment and utilisation... https://www.scmp.com/tech/big-tech/article/3343139/chinas-smic-expects-flat-revenue-drop-low-end-orders-offsets-ai-chip-growth?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3343139/chinas-smic-expects-flat-revenue-drop-low-end-orders-offsets-ai-chip-growth?utm_source=rss_feed Wed, 11 Feb 2026 03:13:58 +0000 Coco Feng Coco Feng The Shanghai Integrated Circuit Industry Investment Fund, backed by the municipal government, has expanded one of its three funds more than 11-fold to pump more capital into the financial hub’s chip firms as part of China’s broader pursuit of tech self-reliance. The third phase of the fund, also known as Shanghai IC Fund III, recently increased its registered capital by 5.5 billion yuan (US$794 million) to 6 billion yuan, according to business registry database Aiqicha. It added two new equity... https://www.scmp.com/tech/article/3343061/tech-war-shanghai-boosts-chip-fund-11-fold-under-chinas-self-sufficiency-drive?utm_source=rss_feed https://www.scmp.com/tech/article/3343061/tech-war-shanghai-boosts-chip-fund-11-fold-under-chinas-self-sufficiency-drive?utm_source=rss_feed Tue, 10 Feb 2026 10:30:12 +0000 Zhang Tong Zhang Tong Chinese scientists have created fully flexible fibre chips with circuits that are integrated and embedded within stretchable strands as thin as human hair at a density rivalling those of a home computer’s central processing unit. Scientists have now advanced fibre-based electronics that already enable power supply and sensing functions and have spurred the growth of electronic textiles by developing integrated circuits in threadlike form. This allows the fibres to compute like chips or display... https://www.scmp.com/news/china/science/article/3341025/chinese-scientists-shrink-semiconductor-chip-fibre-thin-human-hair?utm_source=rss_feed https://www.scmp.com/news/china/science/article/3341025/chinese-scientists-shrink-semiconductor-chip-fibre-thin-human-hair?utm_source=rss_feed Fri, 23 Jan 2026 22:00:11 +0000 Xinmei Shen Xinmei Shen Hua Hong Semiconductor, China’s No 2 contract chipmaker, on Wednesday announced the acquisition of its sister foundry in Shanghai, days after market leader Semiconductor Manufacturing International Corp (SMIC) said it would take full control of a subsidiary. Those big-ticket transactions – 8.27 billion yuan (US$1.2 billion) for Hua Hong and 40.6 billion yuan for SMIC – signalled a fresh round of consolidation in the country’s semiconductor industry, as Beijing’s tech self-sufficiency drive... https://www.scmp.com/tech/tech-trends/article/3338551/chinas-top-contract-chipmakers-pursue-acquisitions-amid-beijings-self-sufficiency-drive?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3338551/chinas-top-contract-chipmakers-pursue-acquisitions-amid-beijings-self-sufficiency-drive?utm_source=rss_feed Fri, 02 Jan 2026 13:00:19 +0000 Wency Chen Wency Chen Semiconductor Manufacturing International Corporation (SMIC), China’s largest chip foundry, said on Friday that full-year revenue is on track to hit an all-time high of more than US$9 billion, as tight foundry capacity and supply-chain localisation keep its fabs running at full tilt. “The iterative effects across the supply chain are continuing, which leads to a stronger-than-usual off-season. Our production remains in a state of supply falling short of demand,” co-CEO Zhao Haijun said on an... https://www.scmp.com/tech/tech-war/article/3332786/smic-shrugs-us-curbs-record-revenue-outlook-back-tight-chip-supply?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3332786/smic-shrugs-us-curbs-record-revenue-outlook-back-tight-chip-supply?utm_source=rss_feed Fri, 14 Nov 2025 09:00:16 +0000 Wency Chen Wency Chen AMIES Technology, a new Chinese lithography equipment manufacturer that showcased its latest chipmaking products at an industry event in Shenzhen last week, is offering renewed optimism in the nation’s drive to reduce its dependence on Dutch giant ASML. The company presented a wide range of products – including compound-semiconductor lithography machines, laser-annealing systems, advanced inspection tools and solutions for packaging and wafer bonding – at the WeSemiBay Semiconductor Ecosystem... https://www.scmp.com/tech/tech-war/article/3329508/meet-amies-chinas-new-hope-breaking-reliance-asmls-chipmaking-machines?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3329508/meet-amies-chinas-new-hope-breaking-reliance-asmls-chipmaking-machines?utm_source=rss_feed Sun, 19 Oct 2025 02:00:16 +0000 Bloomberg Bloomberg China’s chip stocks have staged a world-beating rally in the past few months on the nation’s self-sufficiency push, but some investors are beginning to balk at their lofty valuations. Cambricon Technologies, dubbed “China’s Nvidia” by retail investors, is trading at an earnings multiple nearly five times that of the more famous AI chip designer. Semiconductor Manufacturing International and Hua Hong Semiconductor are priced at premiums to major global foundries. Mirroring the US dynamic, China’s... https://www.scmp.com/business/article/3328464/soaring-valuations-among-chinas-sizzling-chip-ai-related-stocks-test-investors-patience?utm_source=rss_feed https://www.scmp.com/business/article/3328464/soaring-valuations-among-chinas-sizzling-chip-ai-related-stocks-test-investors-patience?utm_source=rss_feed Fri, 10 Oct 2025 03:14:25 +0000 Ann Cao Ann Cao Huawei Technologies’ quest for greater computing power for artificial intelligence projects is expected to rest on the firm’s latest supernode computing cluster systems, as these take on rival platforms from Nvidia and xAI. The Atlas 950 and Atlas 960 SuperPoDs, as well as the Atlas 950 and Atlas 960 SuperClusters, are expected to help the Shenzhen-based firm “circumvent the limitations in China’s chip manufacturing process”, Huawei deputy chairman Eric Xu Zhijun, who serves as the privately... https://www.scmp.com/tech/tech-war/article/3326432/tech-war-huaweis-computing-cluster-power-ai-projects-challenge-us-platforms?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3326432/tech-war-huaweis-computing-cluster-power-ai-projects-challenge-us-platforms?utm_source=rss_feed Tue, 23 Sep 2025 01:00:11 +0000 Wency Chen,Ann Cao Wency Chen,Ann Cao Huawei Technologies’ recent unveiling of a three-year road map for its Ascend artificial intelligence processors has provided fresh momentum for China’s tech self-sufficiency efforts, according to analysts. US-sanctioned Huawei’s disclosure “is educating the market about what’s ahead”, while signalling that the Shenzhen-based company “can match Nvidia’s multi-year road map”, said Kevin Xu, founder of US-based investment firm Interconnected Capital. Huawei deputy chairman Eric Xu Zhijun, who... https://www.scmp.com/tech/big-tech/article/3326210/tech-war-huaweis-ai-chip-road-map-bolsters-chinas-tech-self-sufficiency-efforts?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3326210/tech-war-huaweis-ai-chip-road-map-bolsters-chinas-tech-self-sufficiency-efforts?utm_source=rss_feed Sat, 20 Sep 2025 03:00:13 +0000 Bosco Hung,Nachiket Midha Bosco Hung,Nachiket Midha Since the launch of the Made in China 2025 plan a decade ago to foster industrial upgrading, it has been widely depicted in the West as a state-led market distortion and doomed to fail. Yet the outcome is far from failure. State-led efforts under the 10-year plan have provided a solid foundation for advancements, especially in the information technology realm. While exogenous shocks have caused significant disruptions, the plan has fostered self-sufficiency and contributed to China’s long-term... https://www.scmp.com/opinion/china-opinion/article/3324068/chinas-10-year-industrial-plan-paving-way-tech-greatness?utm_source=rss_feed https://www.scmp.com/opinion/china-opinion/article/3324068/chinas-10-year-industrial-plan-paving-way-tech-greatness?utm_source=rss_feed Thu, 04 Sep 2025 01:30:09 +0000 Xinmei Shen Xinmei Shen Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, said it planned to buy all of a foundry it controls as the nation’s fab industry undergoes a wave of consolidation. In a statement last week, the company said it planned to buy the remaining equity interest in Semiconductor Manufacturing North China (Beijing) Corporation (SMNC), a subsidiary that is currently 51 per cent owned by SMIC. The chipmaker said it would buy the stake from state-owned... https://www.scmp.com/tech/tech-trends/article/3323904/smic-take-full-control-subsidiary-chip-foundry-chinas-fab-industry-consolidates?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3323904/smic-take-full-control-subsidiary-chip-foundry-chinas-fab-industry-consolidates?utm_source=rss_feed Mon, 01 Sep 2025 11:00:09 +0000 Xinmei Shen Xinmei Shen Huawei Technologies has revealed that the new Pura 80 handsets are powered by its Kirin 9020 system-on-a-chip, marking the first time in about five years that the US-sanctioned company has lifted the veil of secrecy behind its advanced smartphone processors. The name of Huawei’s chipset, which was designed by semiconductor design subsidiary HiSilicon, was found prominently displayed in screenshots shared online by Pura 80 users after a system update of the handset. Information about the... https://www.scmp.com/tech/big-tech/article/3322397/tech-war-huawei-reveals-kirin-chip-inside-5g-smartphones-firm-overcomes-us-sanctions?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3322397/tech-war-huawei-reveals-kirin-chip-inside-5g-smartphones-firm-overcomes-us-sanctions?utm_source=rss_feed Tue, 19 Aug 2025 13:00:14 +0000 Danielle Popov Danielle Popov Hua Hong Semiconductor, China’s second-largest contract chip manufacturer, plans to acquire equity interests in sister foundry Shanghai Huali Microelectronics for an undisclosed sum to consolidate resources and meet growing for demand for so-called legacy chips. On Monday, Hua Hong suspended trading of its shares on the Nasdaq-style Star Market of the Shanghai Stock Exchange for up to 10 days, as the proposed transaction announced on Sunday was subject to a review by the company’s board and the... https://www.scmp.com/tech/tech-trends/article/3322215/chinas-no-2-semiconductor-foundry-hua-hong-seeks-acquisition-bolster-legacy-chips-lead?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3322215/chinas-no-2-semiconductor-foundry-hua-hong-seeks-acquisition-bolster-legacy-chips-lead?utm_source=rss_feed Mon, 18 Aug 2025 09:00:08 +0000 Wency Chen Wency Chen Semiconductor Manufacturing International Corp (SMIC), mainland China’s largest contract chipmaker, on Friday downplayed the potential impact of US President Donald Trump’s proposed 100 per cent tariff on imported chips, as stout domestic demand is expected to continue. “Our overall capacity remains in a state of demand exceeding supply,” SMIC co-CEO Zhao Haijun said in a briefing after the company reported its second-quarter financial results. “[Even if growth in demand slows], there will be no... https://www.scmp.com/tech/tech-war/article/3321238/chinas-smic-downplays-impact-trumps-plan-impose-100-tariff-chip-imports?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3321238/chinas-smic-downplays-impact-trumps-plan-impose-100-tariff-chip-imports?utm_source=rss_feed Fri, 08 Aug 2025 11:00:07 +0000 Wency Chen Wency Chen China’s top chipmakers, including Semiconductor Manufacturing International Corp (SMIC), are expected to avoid the worst of US President Donald Trump’s plan to impose 100 per cent tariffs on imported semiconductors. According to a research note published by CLSA, the potential impact of the proposed US tariffs on imported chips – the details of which are expected as soon as next week – would be small for SMIC and Hua Hong Semiconductor. The two Shanghai-based firms could also benefit from... https://www.scmp.com/tech/tech-war/article/3321132/chinas-top-chipmakers-see-small-impact-trumps-100-tariff-imports-clsa?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3321132/chinas-top-chipmakers-see-small-impact-trumps-100-tariff-imports-clsa?utm_source=rss_feed Thu, 07 Aug 2025 23:00:07 +0000 Bloomberg Bloomberg Taiwan prosecutors arrested six people suspected of stealing trade secrets from Taiwan Semiconductor Manufacturing Co (TSMC), opening an investigation into a potential breach of national security involving a global tech industry linchpin. The chipmaker to Nvidia reported a number of former and current staff to authorities on suspicion they illegally obtained core technology. A total of six people were arrested, with two posting bail and one released afterwards, said Taiwan High Prosecutors... https://www.scmp.com/tech/tech-trends/article/3320884/taiwan-arrests-six-probe-tsmc-chip-technology-leak?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3320884/taiwan-arrests-six-probe-tsmc-chip-technology-leak?utm_source=rss_feed Wed, 06 Aug 2025 01:53:40 +0000 Ann Cao Ann Cao Huawei Technologies rolled out the next phase of its global smartphone push on Thursday, with a launch event for the Pura 80 series in Dubai, as the Shenzhen-based tech giant seeks to revive its once-lucrative handset business amid US sanctions. Three models – the Pura 80, Pura 80 Pro and Pura 80 Ultra – were unveiled at a launch event in Dubai, as Huawei showcased its commitment to the market dominated by Apple and Samsung Electronics even though its devices are not supported by popular apps... https://www.scmp.com/tech/big-tech/article/3317843/huaweis-pura-80-series-roll-out-dubai-latest-move-global-smartphone-push?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3317843/huaweis-pura-80-series-roll-out-dubai-latest-move-global-smartphone-push?utm_source=rss_feed Fri, 11 Jul 2025 09:02:04 +0000 Ann Cao Ann Cao Mainland China is on track to surpass Taiwan in semiconductor foundry capacity by 2030, according to a report from Yole Group, underscoring Beijing’s progress in its push for chip self-sufficiency amid ongoing US tech restrictions. The mainland’s share of global foundry capacity is projected to reach 30 per cent by the end of the decade, up from 21 per cent in 2024, the French market research firm said. Taiwan is currently the market leader with a 23 per cent share last year, while mainland... https://www.scmp.com/tech/tech-war/article/3316655/mainland-china-chipmaking-capacity-outstrip-taiwan-2030-report?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3316655/mainland-china-chipmaking-capacity-outstrip-taiwan-2030-report?utm_source=rss_feed Wed, 02 Jul 2025 13:00:14 +0000 Yulu Ao Yulu Ao Hong Kong stocks fell after a government report showed manufacturing in China struggled to expand this month as US tariffs hampered exports, while traders braced for more volatility before a deadline on US trade deals. The Hang Seng Index dropped 0.9 per cent to 24,072.28 on Monday, while the Hang Seng Tech Index slipped 0.7 per cent. On the mainland, the Shanghai Composite Index gained 0.6 per cent and the CSI 300 Index added 0.4 per cent. WeChat operator Tencent fell 2 per cent to HK$503 and... https://www.scmp.com/business/china-business/article/3316315/hong-kong-stocks-slip-china-factory-activity-contracts-us-trade-deadline?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3316315/hong-kong-stocks-slip-china-factory-activity-contracts-us-trade-deadline?utm_source=rss_feed Mon, 30 Jun 2025 02:37:02 +0000 Zhang Shidong Zhang Shidong Hong Kong stocks posted the biggest weekly gain in almost four months after China and the US clinched a tentative agreement on export tariffs, while traders stepped up bets on US interest rate cuts as oil prices slumped. The Hang Seng Index fell 0.2 per cent to 24,284.15 at the close on Friday, after rising as much as 0.6 per cent. Even so, the city’s stock benchmark advanced 3.2 per cent this week, the most since the first week of March. The Hang Seng Tech Index slipped 0.1 per cent, bringing... https://www.scmp.com/business/china-business/article/3316027/us-china-trade-deal-rate-cut-bets-power-hang-seng-best-week-4-months?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3316027/us-china-trade-deal-rate-cut-bets-power-hang-seng-best-week-4-months?utm_source=rss_feed Fri, 27 Jun 2025 02:49:36 +0000 Ann Cao Ann Cao Huawei Technologies continues to face challenges in advancing to the 5-nanometre chip manufacturing process, an analysis of its latest laptop hardware shows, underscoring the impact of US sanctions on the Chinese telecoms equipment giant. Canadian research firm TechInsights found that the newly launched MateBook Fold Ultimate Design laptop features Huawei’s Kirin X90 system-on-a-chip (SoC), which is manufactured by China’s Semiconductor Manufacturing International Corporation (SMIC) using its... https://www.scmp.com/tech/tech-war/article/3315636/huawei-smic-struggle-advance-chips-5-nm-level-matebook-shows-report?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3315636/huawei-smic-struggle-advance-chips-5-nm-level-matebook-shows-report?utm_source=rss_feed Tue, 24 Jun 2025 10:00:13 +0000 Ann Cao,Wency Chen Ann Cao,Wency Chen About three months after Huawei Technologies was added to Washington’s trade blacklist in 2019, the company’s then-rotating chairman, Eric Xu Zhijun, unveiled what he proclaimed as the “world’s most powerful AI processor” – the Ascend 910 – designed for training artificial intelligence (AI) models. Huawei’s advanced AI chip initiative, however, suddenly faced a major obstacle a year later in August 2020, when the US Commerce Department tightened restrictions by barring the sale of semiconductor... https://www.scmp.com/tech/big-tech/article/3315239/how-huaweis-silicon-strategy-defies-us-sanctions-advance-chinas-ai-ambitions?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3315239/how-huaweis-silicon-strategy-defies-us-sanctions-advance-chinas-ai-ambitions?utm_source=rss_feed Sat, 21 Jun 2025 04:00:09 +0000 Ben Jiang Ben Jiang Taiwan added Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), two of China’s leading chipmakers, to a trade blacklist a mid an intensifying tech rivalry between China and the US. The International Trade Administration of Taiwan included Huawei, SMIC and a host of their subsidiaries in a Strategic High-Tech Commodities Entity List, according to the updated list published by the island’s Ministry of Economic Affairs on its website on Saturday. Huawei and SMIC did not... https://www.scmp.com/tech/big-tech/article/3314498/taiwan-adds-huawei-smic-trade-blacklist-amid-escalating-us-china-tech-rivalry?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3314498/taiwan-adds-huawei-smic-trade-blacklist-amid-escalating-us-china-tech-rivalry?utm_source=rss_feed Sun, 15 Jun 2025 05:58:42 +0000 Ann Cao Ann Cao Semiconductor Manufacturing International Corp (SMIC), mainland China’s largest contract chipmaker, has divested its entire stake in an unprofitable chip foundry operation amid a new wave of consolidation in the domestic integrated circuit (IC) industry. Shanghai-based SMIC agreed to sell its 14.83 per cent stake in Ningbo Semiconductor International (NSI) for 57.01 yuan (US$7.94) per share to semiconductor design firm Goke Microelectronics, according to the chipmaker’s filing on Thursday. The... https://www.scmp.com/tech/big-tech/article/3313425/chinas-top-chipmaker-smic-offloads-stake-ningbo-affiliate-focus-core-operations?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3313425/chinas-top-chipmaker-smic-offloads-stake-ningbo-affiliate-focus-core-operations?utm_source=rss_feed Fri, 06 Jun 2025 13:00:18 +0000 Sam Phillips Sam Phillips Huawei Technologies plans to release the latest update to its premium Pura smartphone series next week, as speculation grows that the new devices would feature an upgraded in-house-designed chipset. The Pura 80 series would be available in China from June 11, Huawei said via its official Weibo account on Tuesday. The devices will retain the triangular-shaped camera bump seen in previous models, according to a teaser image, but are expected to feature notable upgrades in cameras, sensors and lens... https://www.scmp.com/tech/big-tech/article/3312889/huawei-launch-premium-pura-80-smartphone-series-june-11-featuring-harmonyos-next?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3312889/huawei-launch-premium-pura-80-smartphone-series-june-11-featuring-harmonyos-next?utm_source=rss_feed Tue, 03 Jun 2025 10:00:25 +0000 Ben Jiang Ben Jiang Smartphone giant Xiaomi is one of China’s top three investors in semiconductor development on the back of a 10-year, 50 billion yuan (US$6.9 billion) spending programme, according to company founder, chairman and chief executive Lei Jun. In a Monday post on Chinese microblogging site Weibo, Lei wrote that Xiaomi achieved the milestone as of April after spending 13.5 billion yuan and deploying 2,500 research-and-development (R&D) staff to work on its XRing O1 system-on-a-chip (SoC). The new... https://www.scmp.com/tech/big-tech/article/3310919/xiaomi-stands-one-chinas-biggest-semiconductor-investors-founder-lei-jun-says?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3310919/xiaomi-stands-one-chinas-biggest-semiconductor-investors-founder-lei-jun-says?utm_source=rss_feed Mon, 19 May 2025 11:00:07 +0000 Xinmei Shen Xinmei Shen Revenue for HiSilicon, Huawei Technologies’ chip design unit, doubled last year owing to the telecoms equipment giant’s comeback in the high-end smartphone market, although its long-term growth still faces challenges, according to Counterpoint Research. HiSilicon’s “strong and loyal customer base in China” helped revenue jump 100 per cent in 2024, according to a report published last week. Its market share also grew on the popularity of its Pura 70 and Mate 70 series smartphones, Counterpoint... https://www.scmp.com/tech/big-tech/article/3310627/huaweis-chip-unit-doubled-revenue-last-year-firm-gains-china-smartphone-market-share?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3310627/huaweis-chip-unit-doubled-revenue-last-year-firm-gains-china-smartphone-market-share?utm_source=rss_feed Fri, 16 May 2025 10:00:34 +0000 Wency Chen Wency Chen New US guidelines on the use of Huawei Technologies’ Ascend chips have introduced fresh uncertainty into China’s investment spree in artificial intelligence (AI) infrastructure, according to analysts and industry insiders. Under new guidance issued by the US Commerce Department earlier this week, the use of Ascend chips “anywhere in the world” could be interpreted as a violation of American export controls. This puts Chinese companies investing heavily in computing infrastructure in a difficult... https://www.scmp.com/tech/tech-war/article/3310599/tech-war-us-curbs-global-use-huawei-chips-add-uncertainty-chinas-ai-investment?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3310599/tech-war-us-curbs-global-use-huawei-chips-add-uncertainty-chinas-ai-investment?utm_source=rss_feed Fri, 16 May 2025 08:02:19 +0000 Ann Cao Ann Cao China’s efforts to become self-sufficient in computer chips have had two boosts this year – the US trade war and the introduction of DeepSeek. US President Donald Trump has added new impetus to the semiconductor push by all but banning Chinese sales of Nvidia H20s, a chip specifically designed to comply with previous export restrictions. The move has pared domestic competition for chipmaker Huawei and spurred Chinese tech firms to use domestic chips in their training of artificial intelligence... https://www.scmp.com/plus/article/3310082/chinas-chip-self-sufficient-drive-aided-trump-deepseek?utm_source=rss_feed https://www.scmp.com/plus/article/3310082/chinas-chip-self-sufficient-drive-aided-trump-deepseek?utm_source=rss_feed Tue, 13 May 2025 02:39:41 +0000 Ann Cao Ann Cao China’s largest chip foundries, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Semiconductor, saw their stock prices plunge after warning of potential challenges in the second half of the year amid US-China tensions. SMIC, the country’s biggest chipmaker, expected a 4 to 6 per cent sequential drop in second-quarter revenue, citing “fab production fluctuation” as a cause that led to a decrease in average selling prices, co-CEO Zhao Haijun said in an earnings call on... https://www.scmp.com/tech/tech-war/article/3309766/chinas-top-chipmakers-see-shares-plunge-amid-tariff-uncertainty-despite-revenue-growth?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3309766/chinas-top-chipmakers-see-shares-plunge-amid-tariff-uncertainty-despite-revenue-growth?utm_source=rss_feed Fri, 09 May 2025 12:00:09 +0000 Cao Li Cao Li Hong Kong stocks rose for the seventh straight day on Friday, the longest winning streak over a year, amid news that the US could significantly cut tariffs on Chinese exports during the trade talks in Geneva on the weekend. The Hang Seng Index gained 0.4 per cent to close at 22,867.74, taking its gains for the week to 1.6 per cent. The Hang Seng Tech Index declined 0.9 per cent. On the mainland, the CSI 300 Index fell 0.2 per cent, while the Shanghai Composite Index eased 0.3 per cent. Sun Hung... https://www.scmp.com/business/markets/article/3309649/hong-kong-stocks-extend-longest-winning-streak-over-year-hopes-tariff-cuts?utm_source=rss_feed https://www.scmp.com/business/markets/article/3309649/hong-kong-stocks-extend-longest-winning-streak-over-year-hopes-tariff-cuts?utm_source=rss_feed Fri, 09 May 2025 02:34:00 +0000 Wency Chen Wency Chen China is rapidly advancing its technological self-sufficiency in semiconductors and biotechnology, a trend accelerated by escalating trade tensions with the US, industry experts said in a webinar hosted by the South China Morning Post’s China Future Tech. “We need to be ready to see a world that will be increasingly polarised, basically with the bifurcation in supply chains, which could be about manufacturing, which could be about data flows … could be about investment,” said Gary Ng, senior... https://www.scmp.com/tech/big-tech/article/3309589/how-chinas-self-sufficiency-drive-dividing-global-tech-ecosystem?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3309589/how-chinas-self-sufficiency-drive-dividing-global-tech-ecosystem?utm_source=rss_feed Thu, 08 May 2025 09:48:54 +0000 Cao Li Cao Li Hong Kong stocks rose for a sixth straight day after Beijing unveiled measures to support the economy and improve confidence in the private sector ahead of US-China tariff talks this weekend. Overnight, the US Federal Reserve kept its interest rate unchanged, reiterating that it was not in a hurry to make cuts. Also, the Trump administration said it was prepared to end restrictions on chip exports, which triggered a Nvidia rally. On Thursday, the Hang Seng Index rose by about 0.4 per cent to... https://www.scmp.com/business/article/3309499/hong-kong-stocks-rise-after-beijing-unveils-support-plan-us-china-trade-talks-loom?utm_source=rss_feed https://www.scmp.com/business/article/3309499/hong-kong-stocks-rise-after-beijing-unveils-support-plan-us-china-trade-talks-loom?utm_source=rss_feed Thu, 08 May 2025 02:37:40 +0000 Wency Chen Wency Chen China has waived its retaliatory 125 per cent tariffs on certain semiconductor imports from the US, according to a report from Chinese business magazine Caijing on Friday, citing industry sources. The report said at least eight integrated circuit (IC)-related tariff codes were exempted from levies imposed earlier this month in response to US President Donald Trump’s tariffs on Chinese products. However, China has maintained tariffs on memory chips. China’s customs authorities also informed... https://www.scmp.com/tech/tech-war/article/3307881/china-said-waive-retaliatory-tariffs-some-us-chip-imports-sign-trade-war-thaw?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3307881/china-said-waive-retaliatory-tariffs-some-us-chip-imports-sign-trade-war-thaw?utm_source=rss_feed Fri, 25 Apr 2025 05:15:26 +0000 Yulu Ao Yulu Ao Hong Kong stocks rose on Friday along with other major Asia-Pacific markets on optimism the US Federal Reserve could cut rates sooner than anticipated, while ignoring the noise surrounding US-China tariff talks. Beijing’s announcement to take proactive fiscal policies and loosen monetary policies also helped sentiment. The Hang Seng Index closed 0.3 per cent higher at 21,980.74 after rising as much as 1.6 per cent. The benchmark’s 2.7 per cent gain this week was its best weekly performance since... https://www.scmp.com/business/china-business/article/3307852/hong-kong-stocks-rise-federal-reserve-rate-cut-hopes?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3307852/hong-kong-stocks-rise-federal-reserve-rate-cut-hopes?utm_source=rss_feed Fri, 25 Apr 2025 02:50:06 +0000 Enoch Yiu Enoch Yiu Technology giant Tencent Holdings was Chinese mutual funds’ top stock holding in the first quarter, pushing Contemporary Amperex Technology (CATL) into second place, as mainland institutional investors increased their holdings of Hong Kong-listed shares, according to data from TX Investment Consulting on Wednesday. A total of 1,186 mainland Chinese mutual funds held a combined 151 million Tencent shares worth 69.38 billion yuan (US$9.5 billion) at the end of March, the data showed. CATL, the... https://www.scmp.com/business/companies/article/3307597/tencent-tops-chinese-mutual-funds-holdings-hong-kong-stocks-gain-traction?utm_source=rss_feed https://www.scmp.com/business/companies/article/3307597/tencent-tops-chinese-mutual-funds-holdings-hong-kong-stocks-gain-traction?utm_source=rss_feed Wed, 23 Apr 2025 09:00:16 +0000 The S&P 500 and the Nasdaq rose on Thursday on the final trading day of the week, with focus on US-Japan tariff talks, while a slump in UnitedHealth’s shares following a forecast cut by the insurer weighed on the Dow. After steep losses on Wednesday, investors found some optimism from US President Donald Trump’s comments on “big progress” in trade talks with Japan. Focus will be on negotiation talks with dozens of countries over the coming weeks for more clarity on the size and scope of tariffs... https://www.scmp.com/news/world/united-states-canada/article/3306983/sp-500-nasdaq-gain-boost-us-japan-tariff-talks?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3306983/sp-500-nasdaq-gain-boost-us-japan-tariff-talks?utm_source=rss_feed Thu, 17 Apr 2025 14:53:43 +0000 Wency Chen Wency Chen China has clarified the place of origin for integrated circuits (ICs) amid an escalating US-China tariff war, which is expected to give local semiconductor foundries a significant boost, potentially undermining US President Donald Trump’s plan to bring manufacturing back to America. The state-backed China Semiconductor Industry Association (CSIA) informed its members on Friday, citing customs regulations, that the place of origin for chips is determined by the location of wafer fabrication – a... https://www.scmp.com/tech/tech-war/article/3306220/chip-war-china-amends-place-origin-boost-local-semiconductor-manufacturers?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3306220/chip-war-china-amends-place-origin-boost-local-semiconductor-manufacturers?utm_source=rss_feed Fri, 11 Apr 2025 12:00:04 +0000 Zhou Xin Zhou Xin Samsung Semiconductor’s China unit issued a rare statement on Wednesday rejecting recent reports that its chip foundry had suspended partnerships with Chinese clients, signalling the South Korean company’s commitment to maintaining business in the world’s second-largest economy amid an upheaval in the global chip supply chain triggered by the US. In a Chinese statement released by Samsung Semiconductor on its WeChat account, the company said its foundry business, which produces chips for... https://www.scmp.com/tech/big-tech/article/3305813/chip-war-samsung-denies-halting-foundry-services-chinese-clients-amid-us-pressure?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3305813/chip-war-samsung-denies-halting-foundry-services-chinese-clients-amid-us-pressure?utm_source=rss_feed Wed, 09 Apr 2025 09:00:08 +0000 China’s top foundry Semiconductor Manufacturing International Corp (SMIC) said its revenues in 2024 reached an all-time high, but net profit almost halved from a year earlier, an indication of the increasing competition in legacy chip production on the mainland. In its annual report filed to the Hong Kong stock exchange on Thursday, the company said full-year revenue grew 27 per cent to US$8 billion but net profit plunged 45.4 per cent to US$493 million. Its shares lost 3.4 per cent on Friday... https://www.scmp.com/tech/big-tech/article/3304265/tech-war-chinas-top-foundry-smic-reports-revenue-growth-2024-net-profits-plunge?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3304265/tech-war-chinas-top-foundry-smic-reports-revenue-growth-2024-net-profits-plunge?utm_source=rss_feed Fri, 28 Mar 2025 07:30:18 +0000 Taiwan is investigating whether China’s leading chipmaker Semiconductor Manufacturing International Corp (SMIC) illegally poached local engineers as part of an effort to access the island’s cutting-edge chip technology. SMIC set up a branch in Taiwan posing as a Samoa-based company and tried to hire local talent, prosecutors from Taiwan’s Investigation Bureau said Friday in a statement. Local investigators raided 34 locations and conducted 90 interrogations this month as part of a large-scale... https://www.scmp.com/tech/tech-war/article/3304238/taiwan-probes-china-chipmaker-smic-allegedly-poaching-staff?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3304238/taiwan-probes-china-chipmaker-smic-allegedly-poaching-staff?utm_source=rss_feed Fri, 28 Mar 2025 05:07:37 +0000 Agence France-Presse Agence France-Presse China’s top chipmaker, Semiconductor Manufacturing International Corp (SMIC), on Tuesday said its 2024 profit had plunged significantly from the previous year, against a backdrop of surging trade tensions between Beijing and Washington. “Unaudited profit attributable to owners of the company was US$492.7 million in 2024,” SMIC reported in a filing to the Hong Kong stock exchange. That figure represented a 45.4 per cent decrease from US$902.5 million in 2023, according to the Shanghai-based firm,... https://www.scmp.com/tech/big-tech/article/3298276/chipmaker-smic-posts-45-profit-slump-2024-amid-us-china-trade-tensions?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3298276/chipmaker-smic-posts-45-profit-slump-2024-amid-us-china-trade-tensions?utm_source=rss_feed Tue, 11 Feb 2025 13:42:58 +0000 History was made at Donald Trump’s inauguration when China’s Vice-President Han Zheng became the first senior Chinese leader to attend a US presidential inauguration. While the invitation by the new administration is seen as a sign of a thaw in the strained relationship between the two superpowers, it comes against a backdrop of deep economic and geopolitical tensions. Joe Biden has handed over a US-China relationship marked by years of conflict – trade wars, blacklists and sanctions, all aimed... https://www.scmp.com/opinion/world-opinion/article/3295522/will-trump-succeed-containing-china-or-fuel-its-rise?utm_source=rss_feed https://www.scmp.com/opinion/world-opinion/article/3295522/will-trump-succeed-containing-china-or-fuel-its-rise?utm_source=rss_feed Wed, 22 Jan 2025 12:30:07 +0000 History was made at Donald Trump’s inauguration when China’s Vice-President Han Zheng became the first senior Chinese leader to attend a US presidential inauguration. While the invitation by the new administration is seen as a sign of a thaw in the strained relationship between the two superpowers, it comes against a backdrop of deep economic and geopolitical tensions. Joe Biden has handed over a US-China relationship marked by years of conflict – trade wars, blacklists and sanctions, all aimed... https://www.scmp.com/plus/article/3295623/will-trump-succeed-containing-china-or-fuel-its-rise?utm_source=rss_feed https://www.scmp.com/plus/article/3295623/will-trump-succeed-containing-china-or-fuel-its-rise?utm_source=rss_feed Tue, 21 Jan 2025 08:00:32 +0000 Haining Gao Haining Gao / https://www.scmp.com/plus/article/3293673/china-and-global-semiconductor-supply-chain?utm_source=rss_feed https://www.scmp.com/plus/article/3293673/china-and-global-semiconductor-supply-chain?utm_source=rss_feed Tue, 07 Jan 2025 02:25:35 +0000