Weak electronics demand squeezes SMIC margins
China’s leading semiconductor manufacturer faces continued earnings pressure as the U.S. tightens sanctions and global demand for consumer electronics falters Key Takeaways: SMIC expects third-quarter revenue to grow 3% to…
Drone Giant DJI’s Russia Halt Pressures Other China Big-Techs
The top maker of pilotless flying devices has suspended its activities in Russia and Ukraine, becoming the first Chinese company to make such a move Key Takeaways: DJI has halted…
FAST NEWS: U.S. to Blacklist SenseTime on IPO Pricing Day – Report
The latest: The U.S. Treasury Department will add Chinese artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) to an investment blacklist on Friday, the same day the company is set to…
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