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| Chip industry to faces overcapacity |
9/15/2023 |
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Future Horizons CEO Malcolm Penn says the semiconductor industry is deep in "Pig Cycle economics," with overcapacity glutting the market. Capital expenditures in the first quarter hit a record high, and Penn notes, "If it all goes into capacity, the industry will choke on it. It is just not possible for the industry to absorb it all.
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| Arm IPO gets more complicate |
9/13/2023 |
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Japanese tech conglomerate SoftBank aimed for the IPO after an attempt to sell Arm for $40 billion to Nvidia last year failed because U.S. and European regulators cited antitrust concerns. SoftBank aims to sell a 10% stake in Arm in the IPO, for as much as $70 billion, according to Reuters. That would make it one of the world’s largest IPOs this year while allowing SoftBank to keep a controlling stake in Arm.
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| Huawei is put on watch for a possible come back |
9/12/2023 |
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Huawei was put into the spotlight after it launched the Mate 60 Pro powered by a secretive SMIC-made SoC. However, it is too early to be optimistic about Huawei's breakthrough from US sanctions.
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| China domestic EV markeet slows down |
9/11/2023 |
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Battery electric vehicle (BEV) unit sales in China grew by 37% year-on-year (YoY) in the second quarter, lower than the global average of 50%, highlighting a slowdown in domestic growth as the frail Chinese economy impacted demand in the world’s biggest EV market,
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| GTA Semiconducto of Shanghai, China raises $1.8bn |
9/8/2023 |
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GTA Semiconductor of Shanghai, the Chinese auto IC manufacturer, has raised $1.8 billion to bring the amount it has raised in the last two years to $2.7 billion with most of it coming from the government.
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