Samsung-Backed Firm Deepens Ties With Chinese Chipmaker as Silicon Carbide Trade Heats Up

Key Topics in this News Article:
News Snapshot:

Shares of Tianyu Semiconductor Technology surged more than 8% on Monday, as Chinese investors cheered a strategic alliance between the Chinese firm and a South Korean specialist backed by Samsung Electronics. The move highlights how established global tech giants are continuing to foster deep, cross-border ties with Chinese semiconductor players, even as Western governments attempt to ring-fence the industry. Tianyu Semiconductor (02658.HK) saw its stock climb to 47.16 Hong Kong dollars in midday trading, at one point gaining more than 10%. The rally was ignited by the firm’s ongoing partnership with EYEQ Lab Inc., a leading South Korean player in…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!

  • This field is hidden when viewing the form