Summary China’s top chipmaker, SMIC, reported a 45.4% profit drop in 2024, citing lower investment and financial income amid U.S.-China trade tensions. Q4 profit also plunged 38.4%, missing estimates.

China's largest chipmaker SMIC said the market for its staple mature-node chips could be oversupplied in the second half of ...

BEIJING/SHANGHAI (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of ...

In its latest earnings call, China's leading pure-play foundry, SMIC, acknowledged an increase in domestic competition, ...

The heavy spending has squeezed profitability, with SMIC's gross margin declining to around 20% in 2023 from over 30% in 2021 ...

Shanghai, as one of China's most representative global cities, features an architectural vocabulary that seamlessly blends its distinctive "Haipai" (Shanghai style) urban character with an ...

An earnest, bespectacled man of 32, he’s been working in this Shanghai restaurant since he was 18 years old. But while he’s au fait with contemporary culinary trends, Lu is a specialist in a ...

In China, the CSI 300 Index slipped 0.6 per cent, and the Shanghai Composite Index retreated ... and Semiconductor Manufacturing International Corp (SMIC) rallied on expectations that US tech ...

Shanghai has entered preliminary talks with American singer-songwriter Taylor Swift about a potential concert this year, according to a local tourism official, as Chinese cities aim to attract ...

SHANGHAI, Jan 14 (Reuters) - Shanghai authorities have held "preliminary talks" with pop superstar Taylor Swift's team over the possibility of her performing in the Chinese financial hub, Chinese ...

Shanghai handled 36.47 million international passengers in 2024, a 95.3 percent year-on-year increase, with 35.10 million air passengers and 1.37 million cruisers, solidifying its position as ...