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Saturday 18 October 2025
Wuhan XMC's IPO hits wall: profit shock and China's new regulatory reality

Wuhan Xinxin Semiconductor Manufacturing Co. (XMC), a key subsidiary of YMTC, is under growing regulatory scrutiny as its once-promising...

Monday 15 September 2025
XMC steps into key stage of China's silicon-on-insulator foundry drive, ahead of SMIC and Hua Hong
Since its IPO application was accepted by Shanghai's STAR Market in September 2024, Wuhan Xinxin Semiconductor Manufacturing Co. (XMC) has updated its prospectus to highlight its...
Tuesday 9 September 2025
RongSemi denies fab halt as YMTC Veteran takes key role in Ningbo expansion
Simon Yang, the former YMTC CEO and later deputy chairman, has joined Rong Semiconductor (Ningbo) Co. (RongSemi) as head of its technical expert committee. The announcement came alongside...
Tuesday 29 April 2025
YMTC lands US$1.3B funding as financials reveal post-Unigroup fallout

YMTC, one of China's leading semiconductor firms, has secured a new funding round with a CNY1.6 billion (approx. US$220 million) capital...

Wednesday 19 February 2025
China's HBM breakthrough intensifies pressure on Samsung
China's memory industry is making remarkable progress, substantially closing the technology gap with South Korea in DRAM and NAND flash manufacturing. The country has also achieved...
Tuesday 10 December 2024
YMTC denies backdoor listing rumors amid rising industry scrutiny
China-based Yangtze Memory Technologies Corp (YMTC) has dismissed speculation of a "backdoor listing," issuing a rare public statement on December 9, 2024, to refute rumors connecting...
Wednesday 4 December 2024
Why CXMT escapes new series of US sanctions
The new US export restrictions on China do not include ChangXin Memory Technologies (CXMT), which has sparked discussions among industry observers regarding how the key Chinese memory...
Wednesday 27 November 2024
US sanctions threaten to snuff out China's nascent HBM development
While the US has not yet imposed sanctions on China's high-bandwidth memory (HBM) chips and manufacturing equipment, industry sources expect such restrictions are inevitable. This...
Thursday 3 October 2024
China's largest NOR Flash manufacturer receives IPO approval
XMC, a leading Chinese semiconductor manufacturer specializing in NOR Flash memory chips, has received approval for its IPO on the Shanghai Stock Exchange's STAR Market, one of the...
Tuesday 2 July 2024
Huawei is developing HBM with Wuhan XMC: media
Rumors from various sources said Huawei is partnering with Wuhan XMC to develop high bandwidth memory (HBM) to meet the robust demand for Artificial Intelligence (AI).
Tuesday 14 May 2024
XMC initiates IPO in Chinese competitive foundry market
Wuhan Xinxin Semiconductor Manufacturing Co. (XMC) has begun the IPO process. However, the pure-play foundry faces a challenging journey as it seeks to differentiate itself in a fiercely...
Monday 11 March 2024
Weekly news roundup: Xiaomi 14 Ultra ushers in the era of satellite-enabled smartphones
These are the most-read DIGITIMES Asia stories in the week of March 4 – March 8
Friday 8 March 2024
Chinese foundry to set up production line for HBM memory
Wuhan Xinxin Semiconductor Manufacturing (XMC) reportedly has sent out an invitation to bid for a high-bandwidth memory (HBM) project. This suggests that the Chinese memory sector,...
Monday 25 October 2021
Specialty DRAM, NOR flash supply to remain constrained in 2022
The supply of specialty DRAM and NOR flash memory chips will still fall short of demand in 2022, due to supply-side constraints, according to industry sources.
Friday 24 July 2020
Equipment maker Nova positive about 2H20
Taiwan-based Nova Technology, which specializes in water, gas and chemical process systems, expects a substantial pick-up in orders from China's chipmaking sector to drive its overall...