A look at Hua Hong Semiconductor's long history, influential investors, and prospects competing against global chipmaking giants.
Business is booming at Hua Hong Semiconductor, China’s second largest chipmaker, even as tech export controls by Western countries present major headwinds to the industry.
The Shanghai-based chipmaker last week announced a plan to launch a $4 billion joint venture to expand its production lines amid strong demand for its chips. The company also has plans to raise $2.5 billion on the Shanghai STAR Market, which would be the third largest ever IPO on the city’s tech-focused bourse.
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When Joe Biden took office, many of his supporters thought the first order of business would be unwinding Donald Trump's trade war with China. But his trade czar, Katherine Tai, has been largely MIA, a stark contrast to her predecessor, the fiery and ubiquitous Robert Lighthizer. So what has Tai been up to?
The academic tells us why it's important to understand the Chinese leader's political beliefs and where they come from — as well as their shortcomings.
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