UMC to pour CNY3.5 billion into China 12-inch fab operation

The valuation of the brewer’s China operation looks more than frothy......»»

China-based Chongqing HKC Optoelectronics will invest CNY40 billion (US$6.37 billion) to establish a 11G LCD fab in Zhengzhou, China focusing on production of 65- to 150-inch 4K/8K panels......»»

Taiwan-based pure-play foundry UMC plans to invest a total of US$1.25 billion in its China-based plants where production capacity will be expanded to meet local demand, said company co-president SC Chien at a recent event in Shanghai......»»

China repeated its threat that if t.....»»

Heineken NV said on Friday it has agreed to sell its China operations and take a 40 percent stake in a firm controlling the country's biggest beer maker China Resources Beer Co Ltd in a $3.1 billion deal......»»

China's software industry consisting of 38,656 companies generated revenues of CNY3.446 trillion (US$540.9 billion) in January-July 2018, growing 14.8% on year, according to China's Ministry of Industry and Information Technology (MIIT)......»»

A Chinese app that does just about everything has found strong demand for its shares, bucking the trend of recent tech IPOs......»»

Despite additional easing and a 403.5 billion yuan 1-year maturity MLF operation, yuan is tumbling along with China (and Hong Kong stocks).....»»

The China government is looking to sharply cut subsidization for the PV industry in 2019, with plans to set an upper limit of CNY3 billion (US$440 million) on subsidies based on feed-in-tariffs (FIT), according to media reports......»»

Neom officials visited Beijing, Shanghai, and Hong Kong in an attempt to court Chinese investors and shed more light on the $500 billion megaproje.....»»

HEFEI, China, April 20, 2024 /PRNewswire/ -- On the evening of 19 April, Gotion High-tech (002074) released its 2023 annual report. The company achieved operating revenue of RMB 31.605 billion, an increase of 37.11% YoY; operati.....»»

HEFEI, China, April 20.....»»

Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud case. Vietnamese property tycoon Truong My Lan looks on at a court in Ho Chi Minh city on April 11, 2024.STR/AFP via Getty .....»»

The U.S. government spent at least $12.4 billion through Operation Warp Speed......»»

Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. Jaap Arriens/NurPhoto via Getty Image.....»»

Both UMC and VIS have just announced their respective foundry capacity expansions plans. UMC, with support from some of its major clients, will invest NT$100 billion to expand its 12-inch fab.....»»

China's software industry consisting of 39,719 companies generated revenues totaling CNY1,902.955 billion (US$293.65 billion) in first-quarter 2021, growing 26.5% on year, according to China's Ministry of Industry and Information Technology (MIIT)......»»

Pure-play foundry United Microelectronics (UMC) has announced plans to invest a total of NT$100 billion (US$3.58 billion) in the expansion of its 12-inch factory site in southern Taiwan......»»

The Republic of Ireland, the small island on the northwestern tip of Europe, has a population of 4.9 million, compared to China’s 1.4 billion people......»»

TSMC's board of directors has approved a budget of about US$2.89 billion for installation of mature technology capacity, the pure-play foundry announced on April 22......»»