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Chinese Semiconductor Foundry SMIC to Delist from NYSE

SMIC, 5/24/19

Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK) today announced that the company has notified the New York Stock Exchange ("NYSE") on May 24, 2019 (Eastern Time in the U.S.) that it will apply for the voluntary delisting of its American depositary shares ("ADSs") from the NYSE and the deregistration of such ADSs and underlying ordinary shares under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"). Read More

ASMC to Delist from HKSE on January 25, 2019

ASMC, 11/27/18

Chinese semiconductor manufacturer Advanced Semiconductor Manufacturing Corporation (ASMC) (3355.HK), which is being taken private through merger with and absorption by Shanghai-based GTA Semiconductor, has announced that it expects ASMC's shares to withdraw their listing from the Hong Kong Stock Exchange at 9:00 a.m. Read More

MediaTek to Develop Customized AI Chip for Alibaba's DingTalk Office System

FromGeek, 6/26/18

Taiwanese fabless semiconductor company MediaTek will create an artificial intelligence (AI)-based office system for Chinese internet conglomerate Alibaba Group's (NYSE: BABA) team collaboration app DingTalk (Dingding). Read More

Changjiang, Taiwanese Chip Makers Ally in Bid to Become Apple's Top Memory Supplier

Jiweinet, 4/30/18

Memory chip maker Changjiang Storage Technology, a subsidiary of state-backed private equity firm Tsinghua Unigroup, has recruited Taiwanese chip manufacturers Phison Electronics, Siliconware Precision Industries, and ChipMOS Technologies into a memory industry alliance in order to expand its manufacturing capacity. Read More

Yuntian Lifei to Commercialize Edge-based Embedded AI Chip in H1 2019

Shenzhen Press Group, 4/27/18

Shenzhen-based visual intelligent systems developer Yuntian Lifei Technology recently announced new progress in its development of an embedded AI chip for edge computing, and said that it plans to begin fabrication this year to support commercial application in H1 2019. Read More

Alibaba Wholly Acquires CPU IP Core Chip Maker C-SKY Microsystems

Lanjing TMT, 4/20/18

Chinese internet conglomerate Alibaba Group (NYSE: BABA) announced today the full acquisition of mainland China's only embedded CPU IP Core company C-SKY Microsystems at an undisclosed price. Read More

Alibaba Developing Neural Network Chip

Tencent Tech, 4/19/18

Chinese internet conglomerate Alibaba Group's (NYSE: BABA) R&D institute, the DAMO Academy, recently revealed that it is working on a neural network-based chip, called "Ali-NPU," specialized for artificial intelligence calculations such as image and video processing and machine learning. Read More

Rumor: AI Chipset Developer Cambricon Wins New Funding at USD 2 Bln Valuation

Sootoo, 4/04/18

Beijing-based AI chipset developer and unicorn Zhongke Hanwuji Technology (Cambricon) has reportedly completed funding from China State-owned Venture Capital and CMB International Capital with varying degrees of participation from previous investors at a valuation of USD 2.0 bln. Read More

AI Chip Maker ThinkForce Wins RMB 450 Mln Series A from Yitu, Yunfeng

ChinaVenture, 12/14/17

Shanghai-based AI chip maker Think-Force Electronic Technology ("ThinkForce") recently announced completion of RMB 450 mln in Series A funding from Shanghai-based machine vision technology developer Yitu Network Technology, Alibaba Group (NYSE: BABA) Chairman Jack Ma's Yunfeng Capital, Sequoia Capital, and Beijing-based Hillhouse Capital Management. Read More

China's 13th Five-year Plan Outlines Technology Development Goals

Xinhuanet, 3/17/16

Following the recent conclusion of the two sessions of the National People's Congress (NPC) and the Chinese Political Consultative Conference (CPPCC), Chinese lawmakers have released the full text of the country's 13th Five-Year Plan for economic and social development. Read More