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    HSMC
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      NEWS
       
China’s long-stalled power industry overhaul is regaining steam. The country's social insurance funds report the first annual deficit on record
Mar.9 2021 09:15 AM

The $19.8 billion project was meant to churn out cutting-edge microchips, but quickly fell apart due to lack of funds and inexperience
Mar.6 2021 20:34 PM

China's top banking regulator warns of the bubble in foreign financial assets. Bitcoin mining is to be shut down in Inner Mongolia
Mar.3 2021 09:27 AM

Chinese financial institutions are required to have "living wills."  Plus, the U.S. moves to delist China’s largest offshore oil producer
Mar.2 2021 09:29 AM

Wuhan Hongxin Semiconductor throws in the towel over unresolved land-use dispute, vanishing funding and inability to pay for equipment
Mar.2 2021 08:11 AM

A year after grinding to a halt, Wuhan Hongxin dismisses workforce, telling employees ‘there is no plan for production resumption,’ one worker says
Feb.27 2021 07:48 AM

Canada's opposition parties urge Trudeau to ban Huawei from the country's 5G network. Plus, a Chinese video giant is targeted by a short seller
Nov.20 2020 09:20 AM

Wuhan’s HSMC lost semiconductor industry veteran Chiang Shang-yi in July as funding failed to materialize 
Nov.19 2020 06:00 AM

City said the project had the mainland’s only machine able to make 7-nanometer chips. But a Shanghai company has about 10 of them, sources said
Sep.4 2020 20:00 PM

Top U.S. and Chinese officials are optimistic about the phase one trade deal. Big Chinese banks ramp up hiring to support the labor market. 
Aug.26 2020 09:20 AM

Planners hoped Wuhan Hongxin Semiconductor would lead a new generation of Chinese chipmakers. Instead, a funding crunch has left the project on life support
Aug.25 2020 20:54 PM

Emerging chipmakers offer lavish pay packages to snap up talent
Aug.12 2020 14:20 PM

Multibillion-dollar project grinds to a halt in latest setback to China’s semiconductor ambitions
Nov.15 2019 19:55 PM
- Jun 16, 2025 02:54 PM
- Jun 16, 2025 02:53 PM
- Jun 16, 2025 02:52 PM
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