The Biden administration opened a trade investigation into China’s production of older-style semiconductors, setting the stage for potential tariffs or other trade restrictions when President-elect Donald Trump takes office in January.The probe, conducted under Section 301 of the Trade Act, targets “legacy chips” that power everyday devices from cars and household appliances to telecommunications equipment…
China must develop new chip-design technologies that do not rely on advanced manufacturing processes, according to one of the mainland’s leading authorities on semiconductors, as the domestic integrated circuit (IC) industry faces increased US technology restrictions. “It’s time to commit to building our own technological ecosystem,” Wei Shaojun, a professor at Tsinghua University’s School of…
The Shanghai-based chipmaker said its third-quarter revenue rose 34 per cent from a year earlier to US$2.17 billion. Net profit for the quarter reached US$148.8 million, up 58.3 per cent from a year earlier. “The company achieved for the first time more than US$2 billion in quarterly revenue during the third quarter, representing a record…