Tech war: Shanghai chip firm doubles quarterly profit as China expands supply chain role

Tech war: Shanghai chip firm doubles quarterly profit as China expands supply chain role

Chinese semiconductor company Montage Technology reported a sharp surge in revenue and profit in the March quarter, following a significant rise a year earlier, in a sign of the country’s expanding presence in the memory chip segment. The Shanghai-based integrated circuit design firm, which supplies connectors to dynamic random-access memory (DRAM) chips, said in a…

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Chip war: China amends ‘place of origin’ in boost to local semiconductor manufacturers

Chip war: China amends ‘place of origin’ in boost to local semiconductor manufacturers

China has clarified the place of origin for integrated circuits (ICs) amid an escalating US-China tariff war, which is expected to give local semiconductor foundries a significant boost, potentially undermining US President Donald Trump’s plan to bring manufacturing back to America. The state-backed China Semiconductor Industry Association (CSIA) informed its members on Friday, citing customs…

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Micron shares tumble as quarterly forecast signals sluggish consumer demand

Micron shares tumble as quarterly forecast signals sluggish consumer demand

By Rishi Kant (Reuters) – Micron Technology forecast quarterly revenue and profit below Wall Street estimates on Wednesday, sending shares lower as weak demand for consumer-centric products such as personal computers and smartphones impacts the chipmaker’s business. The market for dynamic random-access memory (DRAM) chips, which account for most of Micron’s revenue, remains sluggish because…

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