New product sales drive Nexchip’s revenue up nearly 20% in third quarter
Wafer foundry Nexchip Semiconductor Corp. (2249.HK; 688249.SH) reported on Monday that its revenue rose 19.57% year-on-year to 3.25 billion yuan ($533 million) in the third quarter, while its profit increased…
SICC returns to growth and profits. But China’s SiC industry faces a tougher test
The silicon carbide substrate maker has built a leading position in a strategic semiconductor market, but now faces the harder task of turning the technology into a sustainable business Key…
BRIEF: Epiworld jumps in Hong Kong trading debut
Silicon carbide epitaxial wafer supplier Epiworld International Co. Ltd. (2726.HK) opened 52.2% higher in its Hong Kong trading debut on Monday, before trimming the gains to trade at HK$102.60 by…
BRIEF: SMIC’s quarterly profit jumps 61% on higher wafer shipments
Leading Chinese chipmaker Semiconductor Manufacturing International Corp. (0981.HK; 688981.SH)(SMIC) announced on Tuesday that its net profit rose 61% year-on-year to $173 million in last year’s fourth quarter, boosted by higher…
BRIEF: SICC swings to loss as price pressures erode margins
Semiconductor materials maker SICC Co. Ltd. (2631.HK; 688234.SH) said on Monday that it swung to a loss in 2025, as falling product prices and rising costs weighed on its profitability.…
China’s chip consolidation accelerates with SMIC, Hua Hong buyouts
Two of the country’s leading fabs announced buyouts of government partners in their non-wholly owned subsidiaries last week Key Takeaways: SMIC and Hua Hong are consolidating ownership of their assets…
BRIEF: Novosense slips in Hong Kong trading debut
Shares of analog integrated circuit (IC) maker Suzhou Novosense Microelectronics Co. Ltd. (688052.SH; 2676.HK) opened flat in their Hong Kong trading debut on Monday, then slipped in the morning to…