• South China Morning Post

    Once high-flying Chinese chip firm to delist from Shenzhen after financial fraud inquiry

    Chinese chip firm Beijing Zuojiang Technology, which once touted its potential to rival Nvidia Corp, will be delisted from the Shenzhen Stock Exchange after being investigated for financial fraud, marking another cautionary tale in the country's semiconductor industry. In a regulatory filing on Friday, Zuojiang Technology said that its shares will cease trading in the Shenzhen bourse on July 26. This comes after the company was not able to present a clean audit report for its 2023 financial resu

  • South China Morning Post

    China Coast Guard: what does it do and how did it become so powerful?

    The frequent maritime face-offs between the China Coast Guard (CCG) and Philippine vessels have drawn significant attention to the CCG's formidable capacity in the vast expanse of the South China Sea. But its presence extends well beyond this strategic and resource-rich waterway in Southeast Asia; it patrols roughly 14,500km (9,000 miles) of coastline and about 3 million sq km (1.16 million square miles) of maritime territory. One hotspot it surveys is the East China Sea, near the Diaoyu Islands

  • South China Morning Post

    Huawei and Wuhan Xinxin to develop high-bandwidth memory chips amid US restrictions

    Huawei Technologies has teamed up with Chinese foundry Wuhan Xinxin Semiconductor Manufacturing Co to develop high-bandwidth memory (HBM) chips, according to sources, as these devices have become an indispensable component in the computing infrastructure used for artificial intelligence (AI) projects. This initiative also involves mainland integrated circuit (IC) packaging firms Jiangsu Changjiang Electronics Tech and Tongfu Microelectronics, which are tasked to provide the so-called Chip on Waf