Just weeks after Intel (Nasdaq: INTC) unveild a major new tie-up with a leading Chinese microchip maker, the Chinese partner behind that deal is moving ahead with its own drive to consolidate the nation’s fragmented sector for such chips, formally known as integrated circuits (ICs). The Chinese company, Tsinghua Unigroup, is reportedly leading the establishment of a major new fund that will invest in IC designers and manufacturers. While such a fund might normally focus on providing money to start-ups, based on Unigroup’s recent actions it looks more likely that this new entity could become a vehicle for consolidation that is sorely needed in China’s microchip sector. Read Full Post…
A significant move of consolidation occurred in China’s fragmented microchip design sector last week, when global leader Intel (Nasdaq: INTC) purchased a strategic minority stake in a Chinese company formed through the recent combination of 2 midsized players. The step will bring together domestic smartphone chip designers RDA Microelectronics and Spreadtrum, with Intel’s huge financial resources, R&D muscle and global sales network. Read Full Post…
The following press releases and media reports about Chinese companies were carried on September 27-29. To view a full article or story, click on the link next to the headline.
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Intel (Nasdaq: INTC) Invests Up To $1.5 Bln In China Mobile Chip Venture (English article)
Hershey (NYSE: HSY) Completes Initial Purchase Of Shanghai Golden Monkey (Businesswire)
Microsoft (Nasdaq: MSFT) and Intel (Nasdaq: INTC), the sputtering “Wintel” pair that once dominated the high-tech industry, are both in the China headlines today, as each tries to reverse its downward slide in the important market. In the first case, Microsoft’s new CEO Satya Nadella is visiting China in his first overseas trip since assuming his current title, and is quickly finding himself quite busy putting out fires on a number of fronts. In the latter case, Intel is paying a hefty premium for a Chinese cellphone chipmaker as it attempts to find a place in a critical sector that is rapidly overtaking its core business making chips for traditional PCs. Read Full Post…
The following press releases and media reports about Chinese companies were carried on September 25. To view a full article or story, click on the link next to the headline.
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Adobe (Nasdaq: ADBE) To Close China R&D Center (Chinese article)
Geely (HKEx: 175) Announces Issue of $300 Mln In Senior Notes Due 2019 (HKEx announcement)
Intel (Nasdaq: INTC) To Take 20 Pct Stake In Mobile Chipmaker Spreadtrum – Source (English article)
ZTE (HKEx: 763) Welcomes Withdrawal Of Patent Claim Before UK Court (Businesswire)
A headline this morning about a potential new China smartphone chip tie-up for Intel (Nasdaq: INTC) made me realize that this company that once ruled the global semiconductor market has been rapidly losing relevance these last few years. I can remember a time not long ago when finding news about Intel was a huge achievement for any reporter, as the company dominated the market for chips used to power most of the world’s PCs. Nowadays, Intel can’t even seem to attract the attention of China’s anti-trust regulators, who are conducting a series of high-profile probes on top computing names like Microsoft (Nasdaq: MSFT) and Qualcomm (Nasdaq: QCOM). Read Full Post…
The following press releases and media reports about Chinese companies were carried on August 28. To view a full article or story, click on the link next to the headline.
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The following press releases and media reports about Chinese companies were carried on May 16. To view a full article or story, click on the link next to the headline.
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Intel (Nasdaq: INTC) Eyes Strategic Stake In China Chipmaker Rockchip (Chinese article)
JD.com Launches VNO Service, Includes Free E-commerce Data (Chinese article)
The following press releases and media reports about Chinese companies were carried on April 3. To view a full article or story, click on the link next to the headline.
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ICBC (HKEx: 1398) Considers Bid For Unicredit’s Pioneer Fund Arm: Source (English article)
Security Software Maker Cheetah Mobile Files For $300 Mln US IPO (English article)
For a company of its size, Apple (Nasdaq: AAPL) has been surprisingly conservative about its investments in China, opening just a few of its trademark stores in a country that is already one of its top global markets but otherwise making few major investments. But that could soon change with talk that the world’s biggest tech company is aiming to open a research and development center in China, which has become an unspoken prerequisite for any company that hopes to successfully do big business in the country. Apple clearly needs to think about such high-profile, big investments in China if it ever wants to streamline some of the bureaucracy that has kept some of its most popular products out of the market for months after their global launches.
This may look like something only a techie can appreciate, but the recent start of production by leading global chipmaker Qualcomm (Nasdaq: QCOM) for cellphone chips using a homegrown Chinese technology looks set to provide a major boost to dominant Chinese telco China Mobile (HKEx; 941; NYSE: CHL). This latest development comes as big and important news for TD, the homegrown technology being used by China Mobile in its 3G and 4G networks.
For a company of its size, Apple (Nasdaq: AAPL) has been surprisingly conservative about its investments in China, opening just a few of its trademark stores in a country that is already one of its top global markets but otherwise making few major investments. But that could soon change with talk that the world’s biggest tech company is aiming to open a research and development center in China, which has become an unspoken prerequisite for any company that hopes to successfully do big business in the country. Apple clearly needs to think about such high-profile, big investments in China if it ever wants to streamline some of the bureaucracy that has kept some of its most popular products out of the market for months after their global launches.
This may look like something only a techie can appreciate, but the recent start of production by leading global chipmaker Qualcomm (Nasdaq: QCOM) for cellphone chips using a homegrown Chinese technology looks set to provide a major boost to dominant Chinese telco China Mobile (HKEx; 941; NYSE: CHL). This latest development comes as big and important news for TD, the homegrown technology being used by China Mobile in its 3G and 4G networks.
