62 h. ago SMIC to take full control of chip foundry as China’s fab industry consolidates

Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, said it planned to buy all of a foundry it controls as the nation’s fab industry undergoes a wave of consolidation. In a statement last week, the company said it planned to buy the remaining equity interest in Semiconductor Manufacturing North China (Beijing) Corporation (SMNC), a subsidiary that is currently 51 per cent owned by SMIC. The chipmaker said it would buy the stake from state-owned...

Politics

65 h. ago SMIC tightens grip on Beijing unit in latest wave of China wafer fab mergers

SMIC tightens grip on Beijing unit in latest wave of China wafer fab mergers  DIGITIMES Asia

Politics

7 d. ago China’s Tiangong beats ISS, mathematician mulls move: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Trump calls criticism of move to admit thousands of Chinese students ‘insulting’ US President Donald Trump on Tuesday defended his proposal to admit hundreds of thousands of Chinese students, saying the US is “honoured” to host them and warning that the American college system would “go to hell” without them. 2. As the world watches PLA approach 100, is it...

Politics

8 d. ago Trump base erupts over his move to admit thousands more Chinese students

US President Donald Trump’s base erupted in anger on Tuesday over his proposal to admit hundreds of thousands of Chinese students into American universities – a move they see as a betrayal of his “America first” agenda. In a sharp U-turn from his administration’s earlier stance to “aggressively revoke” visas for Chinese students, the “Make America Great Again” leader on Monday called it “very important” to let 600,000 Chinese students in as bilateral trade talks continue. The controversy exposes...

Politics

8 d. ago Facing Maga anger, Trump defends move to admit thousands of Chinese students

US President Donald Trump on Tuesday defended his proposal to admit hundreds of thousands of Chinese students, saying the US is “honored” to host them and warning that the American college system would “go to hell” without them. Facing growing anger from his political base, Trump dismissed criticism of the plan as “insulting” and pointed to his relationship with Chinese President Xi Jinping as part of a broader strategy of engagement. “We’re getting along very well with China, and I’m getting...

Politics

8 d. ago Trump calls criticism of move to admit thousands of Chinese students ‘insulting’

US President Donald Trump on Tuesday defended his proposal to admit hundreds of thousands of Chinese students, saying the US is “honored” to host them and warning that the American college system would “go to hell” without them. Facing growing anger from his political base, Trump dismissed criticism of the plan as “insulting” and pointed to his relationship with Chinese President Xi Jinping as part of a broader strategy of engagement. “We’re getting along very well with China, and I’m getting...

Politics

8 d. ago Trump Proposes 200 Percent Tariff on Imports from China, Xi Pushes for 300 Percent

Trump Proposes 200 Percent Tariff on Imports from China, Xi Pushes for 300 Percent  cepr.net

Politics

3 w. ago Tencent says US AI chip import situation unclear as governments negotiate

Tencent says US AI chip import situation unclear as governments negotiate  Reuters

Politics

3 w. ago Can Philippines’ chips sector weather Trump’s 100% tariff storm?

Philippine economists and the nation’s chip industry have sounded the alarm over US President Donald Trump’s proposal to impose 100 per cent tariffs on semiconductor exports to America, warning of potentially devastating consequences. While concerns are mounting, some observers remain optimistic that Manila may weather the storm, pointing to the “Taco” (“Trump always chickens out”) slogan that has gained prominence in recent months – a nod to the mercurial president’s reputation for reversing...

Politics

3 w. ago As Trump threatens 100% semiconductor tariffs, how will Philippine firms react?

Philippine economists and the nation’s chip industry have sounded the alarm over US President Donald Trump’s proposal to impose 100 per cent tariffs on semiconductor exports to America, warning of potentially devastating consequences. While concerns are mounting, some observers remain optimistic that Manila may weather the storm, pointing to the “Taco” (“Trump always chickens out”) slogan that has gained prominence in recent months – a nod to the mercurial president’s reputation for reversing...

Politics

3 w. ago China’s SMIC downplays impact of Trump’s proposed 100% tariff on chip imports

Semiconductor Manufacturing International Corp (SMIC), mainland China’s largest contract chipmaker, on Friday downplayed the potential impact of US President Donald Trump’s proposed 100 per cent tariff on imported chips, as stout domestic demand is expected to continue. “Our overall capacity remains in a state of demand exceeding supply,” SMIC co-CEO Zhao Haijun said in a briefing after the company reported its second-quarter financial results. “[Even if growth in demand slows], there will be no...

Politics

3 w. ago China's SMIC says Trump tariffs did not cause expected 'hard landing'

China's SMIC says Trump tariffs did not cause expected 'hard landing'  Reuters

Politics

3 w. ago Will Trump’s chip tariffs tilt the balance for China in Southeast Asia?

US plans to impose 100 per cent of tariffs on imported chips are a heavy blow to Southeast Asia’s chip industry and could push the region closer to China, according to observers. US President Donald Trump announced the duties on semiconductors and chips on Wednesday, saying that only companies that were “building in the United States” were exempt. It is unclear just how much of a US manufacturing presence companies would need to have to qualify for tariff exemptions or reductions, or whether the...

Politics

3 w. ago Trump’s chip tariffs may drive Southeast Asia into China’s arms, analysts warn

US plans to impose 100 per cent of tariffs on imported chips are a heavy blow to Southeast Asia’s chip industry and could push the region closer to China, according to observers. US President Donald Trump announced the duties on semiconductors and chips on Wednesday, saying that only companies that were “building in the United States” were exempt. It is unclear just how much of a US manufacturing presence companies would need to have to qualify for tariff exemptions or reductions, or whether the...

Events

3 w. ago China’s chipmakers to see small impact from Trump’s 100% tariff on imports: CLSA

China’s top chipmakers, including Semiconductor Manufacturing International Corp (SMIC), are expected to avoid the worst of US President Donald Trump’s plan to impose 100 per cent tariffs on imported semiconductors. According to a research note published by CLSA, the potential impact of the proposed US tariffs on imported chips – the details of which are expected as soon as next week – would be small for SMIC and Hua Hong Semiconductor. The two Shanghai-based firms could also benefit from...

Politics

3 w. ago Trump says US to levy 100% tariff on imported chips but some firms exempt

Trump says US to levy 100% tariff on imported chips but some firms exempt  Reuters

Politics