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News on the Internet & Tech Industry in China

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Bring on the substitutes

Novosense joins new breed of Chinese chip firms
May 13, 2022 (WiC 584)

It sounds like a familiar tale: a tech company that raises more than expected from its initial public offering and sees its share price soar. Or rather that was what was happening on Shanghai’s STAR Market until July 2021, when the benchmark ...

Filling the gap

SemiDrive challenges NXP in automotive chip market
May 13, 2022 (WiC 584)

When Qualcomm tried to purchase Holland’s NXP for $44 billion in 2016, the world’s largest smartphone chipmaker was hoping to get its hands on one of the leading lights in the automotive chip market. The deal foundered two years later ...

The Jack Ma issue

Is Beijing’s internet sector crackdown over?
May 6, 2022 (WiC 583)

Is the crackdown on China’s leading internet behemoths – the ‘platforms’ that offer a range of services like entertainment, payments, shopping and delivery in a single app – finally coming to an end? The sector certainly reacted ...

TSMC founder trashes US plan to bring back chip production
May 6, 2022 (WiC 583)

If the company you created has achieved a global monopoly over one of the most critical elements of the world’s most advanced technology, you are probably going to be none too pleased if the world’s richest country decides that it wants to ...

Chinese solar firms continue to shine with surging profits
May 6, 2022 (WiC 583)

China’s media likes to label the giants in some of the country’s key industries in descriptive groups. First there were the ‘three barrels of oil’ (CNOOC, PetroChina and Sinopec). Then there was the BAT troika (Baidu, Alibaba and Tencent) ...

Bend, but don’t break

Screenmaker Royole is struggling for survival
Apr 29, 2022 (WiC 582)

Royole loved its time in the limelight in 2018 when it announced the launch of its production line for the mass manufacture of fully flexible screens, backed by its own intellectual property. Such was its determination to defend its pioneering ...

Financing a revolution

What does Vanchip’s IPO say about China’s broader chip strategy?
Apr 22, 2022 (WiC 581)

Rarely a week goes by without a mention in the media of China’s bid to become a major player in the world of semiconductors. Such headlines are normally accompanied by an explanation of the yawning gap the country still needs to bridge in order ...

Back in the game

Beijing gives out online game licences again
Apr 22, 2022 (WiC 581)

The gestation period for Chinese gaming licence approvals has at least one similarity with childbirth: Beijing just started granting new ones again after a nine-month freeze. This marks the second time in four years that it has held out for ...

Betting on Big Tech

After the market storm, is it a good time to invest in China’s internet majors?
Apr 1, 2022 (WiC 579)

Once upon a time, the acronym BAT signified sure-fire stock market bets, which bar the occasional blip was a winning, one-directional investment strategy. That story, however, seems to be firmly consigned to the realms of fairy tales, at ...

Dotcom crash 2.0

A rollercoaster ride for internet stocks this week
Mar 18, 2022 (WiC 577)

For investors looking for a better understanding how China’s political economy works, a good starting point is to review regulators’ efforts to maintain ‘stability’ in the country. As WiC has reported on several occasions, 2017 was a ...

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