Frank Huang – Charm

Analysis-Beneath China’s resilient economy, a life of pay cuts and side hustles

Cs news1 day ago09 mins

BEIJING (Reuters) -Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends – and hopes he can avoid awkward encounters with colleagues. “Being a part-time delivery person while working for a state-owned enterprise isn’t exactly considered respectable,”…

Taiwan’s legacy chip industry contemplates future as China eats into share

Cs news5 months ago09 mins

By Wen-Yee Lee TAIPEI (Reuters) – When Taiwan’s Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped the move would help provide better access the promising Chinese market. Nine years later, however, that Chinese foundry, Nexchip, has become one of its…

Analysis-Beneath China’s resilient economy, a life of pay cuts and side hustles

Taiwan’s legacy chip industry contemplates future as China eats into share​

Taiwan’s legacy chip industry contemplates future as China eats into share