中國晶片夢碎！半導體巨頭突然倒閉， 180億資產如今至剩下1100元

[xcodes]

 

[xcodes]

so without the West, they can't progress?

 

[titusilvering]

so without the West, they can't progress?

edmwers say dun trust these falungong news

 

[dereth]

Yeah. This is good.

 

[PaprikaSG]

 

[xcodes]

edmwers say dun trust these falungong news

true ... need to see various sources of news ... found two here ...

https://www.msn.com/zh-tw/news/national/中國半導體業掀倒閉潮-上海百億大廠宣告破產-清算資產-剩不到5000元/ar-AA1LLtLr


https://www.scmp.com/tech/tech-war/...-bankrupt-chinese-semiconductor-start-woodson

 

[titusilvering]

true ... need to see various sources of news ... found one here ...

https://www.msn.com/zh-tw/news/national/中國半導體業掀倒閉潮-上海百億大廠宣告破產-清算資產-剩不到5000元/ar-AA1LLtLr

Impossible. All the big companies are 国营。these are small fry surely

 

[xcodes]

Impossible. All the big companies are 国营。these are small fry surely

I think the same too ... reading these give me an impression there are many small fries sprouting up when the China gov wanted their own chip industry without relying on the West ... but the chip industry is a very investment intensive and financial draining industry, so I guess many small ones cannot tong and closing down ... but the same cannot be said the same for the China gov supported companies ...

 

[dereth]

Impossible. All the big companies are 国营。these are small fry surely

If 私營 become big, it might eventually become 國營企業.

Or at least have a 黨支部 embedded somewhere.

 

[titusilvering]

If 私營 become big, it might eventually become 國營企業.

Or at least have a 黨支部 embedded somewhere.

Anything not under ccp management is ok to close down since 他们不死，我们怎能一家独大？

 

[dereth]

Anything not under ccp management is ok to close down since 他们不死，我们怎能一家独大？

厲害了 我的囯！

 

[chenaz]

true ... need to see various sources of news ... found two here ...

https://www.msn.com/zh-tw/news/national/中國半導體業掀倒閉潮-上海百億大廠宣告破產-清算資產-剩不到5000元/ar-AA1LLtLr


https://www.scmp.com/tech/tech-war/...-bankrupt-chinese-semiconductor-start-woodson

All these are start up companies,which is normal,they start the company to earn grant and go bankrupt after grant.
What TS shared is chips gaint according to title.. Those cats and dogs news from frog well how to trust ?
Chips gaint at china china govt won't let it fall one. Example smic.

 

[uncle_josh]

Buy low sell high
Mai tu liao

 

[Mystyque]

Never heard of this company before and seems to be old news 2024?

 

[impressionimage]

Ya this news is last year one right.

 

[ksapple]

The 1 that will toh is cause they treat semicon industry like foxxcon

Those in the industry shld know hw is china doing, better than us coy but worse than taiwan coy

 

[xdivider]

basically in our position last time. u keep licensing from big players and keep paying them to innovate......

 

[zuppeur]

zte price went up a lot le
must be he chase the high tio trap

 

[buttbERry]

got so jialat there bo?

 

[jeff79]

This is a scam similar to the wuhan hongxin. However less sophisticated and well planned, also local governments set progressive payment schedule. Scheme failed when failed to scam investors and get government subsidies.

In 2020 the parent company and another hongkong private company announced joint venture to build a 3 billion usd chip factory in nanjing for display driver ic, oled ic, cis ic. Construction started end of that year.

Company founder was only 25 years old at that time.

Few months later announced another 18 billion rmb chip factory in shanghai to be completed in 5 years. This shanghai subsidiary company was founded in 2021 with 10 billion registered capital after the 40 billion rmb investment announcement.

Few months later announced former samsung global executive vice president will join the company. Also joining was jowei dun, former tsmc engineering department manager. News reported he was part of the wuhan hongxin team but left before another tsmc veteran chang shangyi joined.

Only paid the first installment for nanjing factory construction and building designers in 2020. Works stopped few months later when the contractors could not get subsequent installment payment. This shanghai subsidiary paid office rental for 2 months in 2021 only.

The parent company and nanjing subsidiary was declared bankrupt in 2023.

june 2024 news.
https://www.thepaper.cn/newsDetail_forward_27468336