SMIC shares surge over 200% in Shanghai debut

By Wei Sheng

Shares of Chinese heavyweight chipmaker SMIC jumped more than 200% during its Thursday debut on the Shanghai tech bourse while those listed on the Hong Kong exchange fell 17%, signaling skepticism from global investors.

Why it matters: The cont…

Huawei urges UK to ‘reconsider’ 5G ban

By Wei Sheng

Huawei said Tuesday the UK’s decision to ban the Chinese telecommunications equipment maker from its 5G networks was “disappointing” and urged the country to “reconsider.”

Why it matters: The British government said that banning Huawei gear was…

China’s Huawei says first half revenue grew 13%

By Wei Sheng

Huawei said Monday its revenue during the first half of the year grew 13.1%, a significant slowdown from the same period last year as the company faces stricter sanctions from the United States.

Why it matters: The Shenzhen-based telecommunicat…

SMIC listing seeks billions to fund chip autonomy push

By Wei Sheng

China is set for its biggest stock sale in a decade when homegrown chipmaker Semiconductor Manufacturing International (SMIC) debuts on Shanghai’s Nasdaq-style STAR Market at the end of this month.

Backed by heavy subscriptions by mainland investors…

Intel resumes shipment to Chinese server maker Inspur

By Wei Sheng

China’s biggest server maker, Inspur, said Friday that Intel has resumed shipments to it. The American chipmaker briefly suspended shipment after Inspur was added to a US list of Chinese companies it deems military-controlled.

Why it matters: The li…