GlobalWafers to acquire Shanghai subsidiary of Crystalwise
GlobalWafers recently disclosed that it would execute a letter of intent with Crystalwise Technology to purchase 100% of Shanghai Sawyer Shenkai Technology Material (SSKT) for up to CNY 100 million (US$14.8 million), through its China-based subsidiar.....»»
Elon Musk just bought Twitter for $44 billion
Twitter has officially accepted Musk's bid to acquire Twitter and take it private......»»
SFA Semicon Philippines net profits grow 133% in 2021
SFA Semicon Philippines, a subsidiary of South Korea-based SFA Semicon, has reported US$12.8 million in after-tax profits for the year of 2021, leaping 133% on year......»»
Shanghai’s plan to reboot the supply chain will hit workers the hardest
Workers may end up trading being locked down at home for locked down at work. Enlarge Like many people in Shanghai, Joyce has spent weeks shut at home since the latest COVID-19 lockdown was imposed on March 28. The software i.....»»
Shanghai"s Low Covid Death Toll Revives Questions About China"s Numbers
China's largest city has recorded just 17 Covid deaths, despite surging cases. How China defines a Covid death may be part of the reason. The New York Times: By the numbers, Shanghai has been an exemplar of how to save lives during a pandemic. Despit.....»»
Onsemi halts operations at Shanghai distribution center
On Semiconductor (Onsemi) has notified customers in a letter that the company has to shut down its Global Distribution Center in China, while closely managing supply-chain disruptions caused by COVID lockdowns and restrictions in Shanghai and other m.....»»
Will Semiconductor sees sales from car-use CIS hike 85% on year in 2021
China-based IC design house Will Semiconductor Shanghai generated revenues of CNY2.3 billion (US$356 million) from automotive CMOS image sensors (CIS) in 2021, hiking about 85% on year, according to industry sources......»»
Researchers find eight new sources of 4.7 GHz OH masers in northern star formation regions
Recently, a joint research team from National Time Service Center (NTSC) of the Chinese Academy of Sciences (CAS), Shanghai Astronomical Observatory (SHAO) of CAS and SKA Observatory used the Shanghai Tianma Radio Telescope to search for 4.7 GHz OH m.....»»
China"s COVID lockdowns hit half of Apple"s top 200 suppliers
As China continues its coronavirus zero-tolerance around Shanghai, it's been revealed that lockdowns and transport restrictions have affected 100 major Apple suppliers in the region.Workers at PegatronThe COVID lockdowns have so far been affecting lo.....»»
Auto suppliers urge Shanghai to reopen customs
If Shanghai does not reopen customs for imported products, its approval for 666 core businesses to resume production may be in vain for automakers, according to industry sources......»»
China making slow progress towards chip self-sufficiency
In addition to trade restrictions imposed by the US on crucial equipment, the ongoing COVID lockdowns in China's production hubs in Shanghai and other cities are disrupting the country's progress towards chip self-sufficiency, according to industry s.....»»
Quanta, Inventec striving to resume Shanghai operations
ODMs Quanta Computer and Inventec have said they are working with authorities in Shanghai to resume their local manufacturing operations as soon as possible, although they are not included in the "666 core businesses" prioritized to reopen......»»
Lithium battery price rally to end amid China"s zero-COVID policy
Price rallies of lithium carbonate (Li2CO3) are expected to slow down as Shanghai adopted zero-COVID policy and electric vehicle (EV) manufacturers were forced to halt production in Shanghai......»»
Tesla’s Shanghai workers reportedly sleeping at factory
Workers at Tesla’s Shanghai factory are reportedly sleeping on site as the metropolis begins to ease lockdown measures aimed at curbing the spread of COVID-19......»»
Apollo Global Management Willing To Finance a Twitter Buyout
Private equity firm Apollo Global Management would consider providing financing for a Twitter buyout in the form of preferred equity, sources say. CNBC reports: Apollo isn't interested in being part of a private equity consortium that would acquire t.....»»
IC, auto makers among first in Shanghai to resume operations
More than 600 businesses in Shanghai, primarily IC and auto makers, are resuming operations under the municipality's approval after days of COVID lockdown. TSMC said its Songjiang plant had not halted operations during the lockdown despite some misle.....»»
Twitter adopts "poison pill" measure that could thwart Elon Musk"s takeover bid
Twitter's board of directors has adopted a limited-term shareholder rights plan called a "poison pill" that could make it harder for Elon Musk to acquire the company......»»
Vanchip debuts on China STAR market
China-based Vanchip, which specializes in RF front-end modules incorporating power amplifiers, was listed on the science and technology innovation board (STAR) of China's Shanghai Stock Exchange (SSE) on April 12......»»
K-Best eyeing opportunities in global IoT market
K-Best Technology, a subsidiary of Acer, is gearing up efforts to introduce its wireless communication technology to the world, as it sets sights on business opportunities in the global Internet of Things (IoT) market......»»
Elon Musk offers to “buy 100% of Twitter” for $43 billion
"Free speech is a societal imperative for a functioning democracy," Musk wrote. Enlarge (credit: JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) Elon Musk on Wednesday offered to personally acquire Twitter in an.....»»
MacBook delivery to Apple slowing down amid COVID restrictions
Lockdown extensions in Kunshan and Shanghai, China are expected to impact Apple's MacBook shipments in the second quarter as delivery from its notebook ODM to the US-based vendor is slowing down, according to suppliers engaged in the supply chain......»»