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Jan 16, 2025 | 
yicaiglobal.com | Xue Luhao
(Yicai) Jan. 16 -- Cambricon, a Chinese artificial intelligence chip developer, expects to report its first profit in the fourth quarter of last year. The Beijing-based firm told Yicai that while revenue growth and loss reduction depend on the success of market expansion efforts, the final report will confirm whether the fourth quarter was indeed profitable.
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Jan 15, 2025 | 
yicaiglobal.com | Xue Luhao
(Yicai) Jan. 15 -- Shares in Advanced Micro-Fabrication Equipment advanced as much as 2.8 percent today after China’s largest chip etching equipment supplier said that it will invest CNY3 billion (USD409 million) to construct a new production base in Chengdu, southwestern Sichuan province for the R&D and manufacturing of high-end logic and memory chip production equipment.
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Jan 8, 2025 | 
yicaiglobal.com | Xue Luhao
(Yicai) Jan. 8 -- Shares of Aokang Shoes plunged by their daily trading limit after the Chinese footwear giant said it had failed in a plan to acquire a memory chip producer, a move aimed at transforming the company’s business. After resuming trading in Shanghai today, Aokang’s shares [SHA: 603001] closed down 10 percent at CNY6.37 (87 US cents) apiece. Trading in the stock was halted on Dec.
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Jan 8, 2025 | 
yicaiglobal.com | Zhang Yushuo |Xue Luhao
(Yicai) Jan. 8 -- Qualcomm, Intel, other chip manufacturers, and personal computer makers, including Asus and Lenovo, have made significant moves into the artificial intelligence PC market during this year's Consumer Electronics Show. Qualcomm unveiled its Snapdragon X Platform for AI PCs at the opening of the four-day CES yesterday. This is the fourth platform in the X series aimed at PCs, targeting devices priced around USD600, an employee of the California-based company told Yicai.
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Dec 8, 2024 | 
yicaiglobal.com | Tang Shihua |Wu Ziye |Xue Luhao |Lu Ruyi
We sent you a codeEnter it below to verify via You'll need a passwordMake sure it's 8 characters or moreSHOW PASSWORD/HIDE PASSWORDSuccess! Welcome to Yicai GlobalFind your Yicai Global accountCheck your emailWe've sent an email to with a confirmation code. Enter the code below to reset your password. If you don't see the email, check your junk, spam or other folders. Change your passwordStrong passwords include numbers,letters,and special characters.
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Dec 6, 2024 | 
yicaiglobal.com | Xue Luhao
(Yicai) Dec. 6 -- The World Integrated Circuit Association has predicted that China will be once more the biggest and fastest-growing IC market this year. The scale of the Chinese mainland's IC market will likely expand 20 percent to USD186.5 billion this year from the previous one, accounting for 30 percent of the global total, according to a report the WICA released at the Global Semiconductor Market Summit yesterday. The US ranked second with a growth rate of 18 percent.
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Dec 6, 2024 | 
yicaiglobal.com | Wu Ziye |Tang Shihua |Xu Yanran |Xue Luhao
We sent you a codeEnter it below to verify via You'll need a passwordMake sure it's 8 characters or moreSHOW PASSWORD/HIDE PASSWORDSuccess! Welcome to Yicai GlobalFind your Yicai Global accountCheck your emailWe've sent an email to with a confirmation code. Enter the code below to reset your password. If you don't see the email, check your junk, spam or other folders. Change your passwordStrong passwords include numbers,letters,and special characters.
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Nov 26, 2024 | 
yicaiglobal.com | Xue Luhao
(Yicai) Nov. 26 -- Chinese communication technology stocks surged by their daily trading limits after China set out its latest goals for fifth-generation tech use over the next three years. Allied Industrial [SHE: 301419], a 5G radio frequency protection devices maker, climbed 20 percent to close at CNY34.96 (USD4.82).
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Nov 21, 2024 | 
yicaiglobal.com | Xue Luhao
(Yicai) Nov. 21 -- Hua Hong Semiconductor, the second-largest wafer foundry on China's mainland, confirmed to Yicai today that it will partner with European chip giant STMicroelectronics on wafer production in China. An official announcement will follow, the Shanghai-headquartered company said. During an investor event yesterday, STMicro announced that the Geneva-based contract manufacturing and design firm would partner with Hua Hong to better serve Chinese customers.
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Nov 12, 2024 | 
yicaiglobal.com | Xue Luhao
(Yicai) Nov. 12 -- ACM Research Shanghai said Shanghai’s stock exchange has approved its proposed CNY4.5 billion (USD620 million) private placement, which will be the largest non-public sale of shares in China’s semiconductor industry so far this year, according to Wind data. About CNY2.26 billion of the funds raised will go toward developing advanced semiconductor equipment, the Shanghai-based company, which specializes in advanced equipment solutions for the chip industry, said yesterday.
