While aiming to expedite the reshoring of chip manufacturing, the US subsidy policy has actually exacerbated bubbles in the chip industry, causing turmoil in global financial markets. The US Commerce Department said on Tuesday that it plans to award SK Hynix up to $450 million in grants and...More

China's semiconductor sales jumped 24.2 percent year-on-year in May, according to data from the US-based Semiconductor Industry Association (SIA). Chinese experts said on Monday that the data again show that China has formed a mature chip processing industry based on the country's huge demand from the downstream industry....More