SMIC is China’s biggest contract manufacturer of chipsets, and the country’s hope to make its tech firms non-dependent on US chipmakers. The SMIC IPO push is part of the Communist Party’s strategy to …
( read original story …)
Home BUSINESS Chipmaker SMIC set for a huge IPO as China looks to make semiconductor sector self-reliant
Categories
Beijing
22°
overcast clouds
humidity: 21%
wind: 1m/s SW
H 22 • L 20
Weather from OpenWeatherMap
Recent Posts
- Bank of America warns row with China may hurt PH economy 06/05/2024
- Visit will help brands expand matchmaking opportunities 06/05/2024
- China’s love affair with luxury goods boosts growth of sector 06/05/2024
- Shenzhen completes construction of 362 supercharging stations, surpassing gas station count 06/05/2024
- Ferrari hometown fights China’s electric car invasion 06/05/2024
- The Australian beef industry looks towards resuming China trade after COVID-19 bans 06/05/2024
- China’s gold-buying spree could be the straw that breaks the dollar’s back 06/05/2024
- China-France relationship should be model for the world, says Xi Jinping as he lands in Paris 06/05/2024
- Lamborghini Bros No More: Crypto Is Creating a New Wealth Effect 06/05/2024
- Beijing receives record number of tourists during May Day holiday 06/05/2024
- China’s Xi Arrives In France For State Visit: Beijing’s State Media 06/05/2024
- China’s Xi praises French ties as Macron prepares to talk trade 05/05/2024