Latest news with #SemiconductorManufacturingInternationalCorp
Tahawul Tech
26-06-2025
- Business
- Tahawul Tech
China responds to Taiwan's tech blockade
China has vowed to take action against Taiwan for trade restrictions enacted against Huawei and its largest chipmaker. Taiwan Affairs Office representative Zhu Fenglian said China would take 'effective measures' to maintain the normal order of cross-strait economic and trade exchanges, and safeguard the interests of companies on both sides. Zhu argued any actions by Taiwan authorities to undermine cross-strait economic cooperation would only damage the competitiveness of Taiwanese enterprises, adding the latest restrictions could not stop the 'pace of scientific and technological innovation in the mainland'. Taiwan's International Trade Administration put Huawei, Semiconductor Manufacturing International Corp and several of their subsidiaries on its strategic high-tech commodities entity list earlier this month, blocking access to domestic factory construction technologies, along with materials and equipment used to build advanced chips. The US and other allies are also taking stronger measures to block Chinese companies' access to advanced chipmaking equipment and AI chips. Source: Mobile World live Image Credit: Stock Image
The Sun
25-06-2025
- Business
- The Sun
China calls Taiwan's tech blacklist ‘despicable'
BEIJING: Beijing hit out Wednesday at Taiwan's inclusion of two Chinese tech giants on an exports blacklist, calling it 'despicable' and vowing to defend its interests. China's Huawei and Semiconductor Manufacturing International Corp (SMIC) were among 601 entities from several countries added to a 'strategic high-tech commodities entity list' by the Taiwanese government this month. Taiwan is a global chip powerhouse but companies based there must now obtain permission from the government to ship high-tech products to Huawei, SMIC or any other entity on the list. Zhu Fenglian, spokeswoman for Beijing's Taiwan Affairs Office, said Taipei was attempting to curry favour with the United States by 'repeatedly resorting to sinister and evil tactics'. 'These despicable actions are disgraceful,' Zhu said when asked about the Taiwanese blacklist. 'We will take effective measures to resolutely maintain the normal order of cross-strait economic and trade exchanges and cooperation, and safeguard the interests and well-being of compatriots on both sides of the Taiwan Strait,' she said in comments published by state broadcaster CCTV. Taiwan's move comes as Chinese tech companies face increasing export restrictions imposed by the United States. Washington has expanded efforts to curb exports of state-of-the-art chips to China over concern that they could be used to advance Beijing's military systems and other tech capabilities. The United States recently unveiled guidelines warning firms that using Chinese-made high-tech AI semiconductors, specifically Huawei's Ascend chips, would put them at risk of violating US export controls.
New Straits Times
25-06-2025
- Business
- New Straits Times
China calls Taiwan's tech blacklist 'despicable'
BEIJING: Beijing on Wednesday slammed Taiwan's inclusion of two major Chinese technology firms on an export blacklist, calling the move "despicable" and vowing to defend its interests. China's Huawei and Semiconductor Manufacturing International Corp (SMIC) were among 601 entities from several countries added to a "strategic high-tech commodities entity list" by the Taiwanese government earlier this month. Taiwan, a global semiconductor powerhouse, now requires companies to obtain government approval before exporting high-tech products to Huawei, SMIC, or any other blacklisted entity. Zhu Fenglian, spokesperson for Beijing's Taiwan Affairs Office, accused Taipei of trying to curry favour with the United States through "repeatedly resorting to sinister and evil tactics". "These despicable actions are disgraceful," Zhu said when asked about the blacklist. "We will take effective measures to resolutely maintain the normal order of cross-strait economic and trade exchanges and cooperation, and safeguard the interests and well-being of compatriots on both sides of the Taiwan Strait," she said in comments aired by state broadcaster CCTV. Taiwan's decision comes amid tightening export restrictions on Chinese tech firms by the United States. Washington has intensified efforts to curb exports of advanced chips to China, citing national security concerns over potential use in military and other strategic technologies. The United States recently issued new guidelines warning that companies using Chinese-made high-tech AI chips, especially Huawei's Ascend line, may be in breach of US export controls.
Bloomberg
23-06-2025
- Business
- Bloomberg
Huawei's New Laptop Adds to Evidence of Stalled Chip Advance
Huawei Technologies Co. 's latest computer product is powered by a chip manufactured using years-old technology, suggesting US sanctions are still preventing China from developing cutting-edge semiconductor technologies. The processor in the MateBook Fold is built with domestic partner Semiconductor Manufacturing International Corp. 's 7-nanometer technology, according to Canada-based consultancy TechInsights, employing the same process technology adopted in the Mate 60 Pro that stunned US officials two years ago. Industry leader Taiwan Semiconductor Manufacturing Co. is expected to start mass producing 2nm chips, which is three generations ahead of 7nm, later this year.
Business Times
23-06-2025
- Business
- Business Times
SGX lists 6 new Singapore Depository Receipts; 3 HK mega-caps and 3 Thai names
[SINGAPORE] The Singapore Exchange(SGX) will be listing six new Singapore Depository Receipts (SDRs) on Monday (Jun 23), comprising three Hong Kong (HK) mega-caps and three Thai blue-chip companies. The HK companies are Semiconductor Manufacturing International Corp, e-commerce giant and PetroChina, while the Thai names are private hospital operator Bangkok Dusit Medical Services, food conglomerate CP Foods and Gulf Development. This takes the total SDR shelf to 21 securities on SGX, and covers approximately 50 per cent of the SET50 and Hang Seng Index by constituent weight. According to SGX, there has been strong interest in SDRs from the market, with daily turnover hitting a record of S$5.4 million in May, up 11 times from the launch of HK SDRs in October 2024. In particular, the total SDR assets under management (AUM) crossed S$100 million for the first time in May, growing 16 times since October last year. Notably, over 7,000 retail investors hold over 60 per cent of AUM. From Jan to May this year, the top traded SDRs in 2025 year to date on SGX were led by HK names with BYD, achieving a S$1.1 million trading volume, and Alibaba reaching S$900,000. Thai SDRs on the other hand have seen wider participation from retail investors, as activities doubled since the second half of 2024. SGX has grown its SDR shelf to cover 15 names with eight Hong Kong and seven Thai-listed blue chip stocks since the launch of SDRs in May 2023. The value of SDRs lies in it how it offers investors versatility in portfolio construction through low minimum investment amounts of less than S$1,000. For HK SDRs in particular, the minimum investment size for the three new HK SDRs is under S$250 compared to S$4,000 for Hong Kong stocks. As SDRs trade in Singapore dollars on SGX, this also simplifies access to overseas-listed companies for local investors by removing the complexities of cross border trading.
