The arrival of Yuan Gujie, the new deputy director of Beijing’s liaison office in Hong Kong, has sparked widespread speculation. Her legal background and experience in Guangdong province suggest that her posting carries a clear agenda: to promote deeper integration between Hong Kong and other Greater Bay Area cities. One thing is clear: if the…
After Hong Kong photographer Jacky Lau Kin-sang upgraded his camera systems a few months ago, he was shocked to find that the professional-grade high-capacity SD cards for the set-up cost up to HK$3,000 (US$383) per unit, three times more than expected. But the real shocker for the 42-year-old was that the price of the hard…
South Korean retail investors, known for their aggressive trading style, are ramping up exposure to Chinese artificial intelligence-related stocks, even as their home market ranks among the world’s top performers. Data from SEIBro, a portal operated by the Korea Securities Depository, showed that South Korean retail investors bought US$507 million worth of Hong Kong-listed shares…
CXMT Corporation, parent of Chinese memory chip giant ChangXin Memory Technologies (CXMT), aims to raise 29.5 billion yuan (US$4.2 billion) from an initial public offering in Shanghai to fund technology upgrades, as Beijing presses ahead with its drive for tech self-reliance amid geopolitical tensions. The Shanghai Stock Exchange received CXMT’s application for a listing on…
The use of chips for artificial intelligence and electric vehicles (EVs) will offer strong demand underpinning the development of mainland China’s semiconductor industry, according to veterans of the sector at an annual gathering in Shanghai. At the 2025 Global Semiconductor Market Summit, chip executives discussed the industry’s future amid US-China tech rivalry and surging demand…
ChangXin Memory Technologies (CXMT), China’s leading memory chipmaker, has started mass production of a new generation of DRAM products in the latest sign of the country’s advancing semiconductor capabilities. The Hefei-based company, which is preparing for an initial public offering in Shanghai, announced on its official website that it had begun producing LPDDR5X – an…
SEOUL (Reuters) -Samsung Electronics reported its memory chip revenue hit a record high in the third quarter and said it will focus on mass producing its most advanced products next year, expecting continued strength in the chip market, driven by AI demand. The turnaround of the world’s top memory chipmaker reflects the unexpected boom in…
Micron Technology plans to stop supplying server memory chips to data centres in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, according to two people briefed on the decision. Since then, both Nvidia and Intel have similarly fielded accusations from Chinese authorities and an…
MANILA, Philippines (AP) — Asian shares advanced on Thursday, tracking Wall Street’s rise to records despite the the shutdown of the U.S. government. Technology shares jumped on expectations of higher demand for computer chips due to a partnership between South Korean tech and OpenAI. U.S. futures and oil prices also rose. South Korea’s Kospi climbed…
Seoul-listed Samsung and SK hynix led a surge in tech firms after they signed a chip deal with US giant OpenAI (I-Hwa Cheng) Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country’s government. Tech firms…