Huang Renxun's erroneous remarks angered the public; another chip factory went bankrupt and was sold off

For engineers, in addition to mastering the latest technology, they also need to master the latest industry trends. Every Saturday, Electronic Engineering World (ID: EEWorldbbs) collects the news, financial information and hot posts of the week, and regularly organizes the new products and primary and secondary market information of the week. We will use the most popular, concise and brisk language to take you through the major events of the week quickly.

【Chip Circle】

Guancha.com reported that Huang Renxun may have been too proud or too proud to be in a good mood. When he visited Taiwanese companies in China and conducted business activities, he mistakenly referred to the Taiwan Province of China as a "country". In addition, Huang Renxun also said that Nvidia is inseparable from the "Taiwan Province of China".

It is said that when Huang Renxun visited Taiwanese companies on May 29, he was asked by Taiwanese media about Taiwan's position in the global technology field. He replied in English, "Taiwan is one of the most important 'countries' in the world."

In January this year, Huang Renxun visited the mainland after a four-year absence, inspected Nvidia's offices in Beijing, Shanghai and Shenzhen, and spent the Spring Festival with employees. A video of him dancing the yangge in a large flowered jacket from Northeast China at the annual meeting went viral on social media.

China Review News reported that Huang Renxun was asked about his views on investment in mainland China and Taiwan before attending a press conference on June 4. He stressed that the mainland market is very important to him, but because of the US export controls, he must comply. He said that there are many great partners in the mainland market, and he has known them for more than 20 years, and he will continue to serve them.

Subsequent reports by Titanium Media showed that after mistakenly calling it a "country" on the 29th, a week later, Huang Renxun suddenly changed his words and began to say that "the mainland is a very important market."

Guancha.com commented that Nvidia is indeed a strong technology company and is willing to expand its presence in the mainland market, but no matter how strong it is, it cannot outweigh the national sentiments of the 1.4 billion Chinese people, and mainland companies will never cooperate with any company that supports "Taiwan independence." Whether it was a "slip of the tongue" or a "voice of the heart," Huang Renxun should no longer remain silent and should give an explanation to mainland compatriots and mainland partners as soon as possible!

Another chip factory goes bankrupt and is sold

There has been a constant stream of bad news about semiconductors in recent times, and this week is no exception.

On May 26, the National Enterprise Bankruptcy and Reorganization Case Information Network made public the document "(2024) Su 1324 Bankruptcy No. 13".

Based on the applicant's application, the Sihong County People's Court ruled on May 17, 2024 to accept the bankruptcy liquidation case of Jiangsu Gelit Electronics Co., Ltd. and designated Jiangsu Zhongshan Mingjing (Suqian) Law Firm as the administrator of Jiangsu Gelit Electronics Co., Ltd.

The official WeChat account of Glit Electronics was updated to August 23, 2021. The news released on that day showed: "Jiangsu Glit Electronics is a company specializing in semiconductor packaging technology. In recent years, the company's performance has repeatedly set new highs and its production capacity has increased dramatically."

Another foreign Indie semiconductor company was also recently revealed to be exploring strategic options including sale.

The automotive semiconductor technology company has been working with an adviser to drum up interest from potential buyers, who said Indie Semiconductor could draw interest from industry players and even private equity firms.

Indie Semiconductor, based in Aliso Viejo, California, produces semiconductors and software for driver assistance systems and autonomous vehicles, including LiDAR, connected cars, user experience and other areas. The company went public in 2020 through a merger with blank check company Thunder Bridge Acquisition II Ltd.

Indie Semiconductor, which is yet to turn a profit, lost more than a quarter of its market value in the past 12 months. Results for the period showed the company’s net losses widened to about $128 million in 2023.

It has to be said that this wave of semiconductor downturn has had a huge and far-reaching impact.

【New product】

See what new electronics are available

• Intel releases Xeon 6 energy-efficient core processor;

• Infineon Technologies Launches NFC I2C Bridge Tag for Contactless Authentication and Secure Provisioning of IoT Devices

• Infineon Technologies provides advanced energy-efficient power supply product roadmap for AI data centers;

• ROHM develops the world's smallest CMOS operational amplifier;

• PANJIT launches the latest 60V, 100V and 150V automotive-grade MOSFETs;

• ON Semiconductor Launches Complete Power Solution to Improve Data Center Energy Efficiency;

• STMicroelectronics builds the world's first one-stop silicon carbide industrial park in Italy;

• Geely Auto and STMicroelectronics signed a long-term silicon carbide supply agreement;

• Microchip announces new TimeProvider® XT expansion system;

• Diodes Incorporated introduces high current rated load switches to provide intelligent power supply solutions for modern digital ICs;

• Common Mode Semiconductor launches GM7400, a 40V, 3ppm/℃ low noise, high precision voltage reference;

• TDK launches new stray field-tolerant 3D magnetic position sensor with external signal processing capability;

The largest domestic mobile phone SoC chip, financing

This week, Unisoc, backed by Tsinghua Unigroup, obtained over 4 billion yuan in financing. Investors included state-owned platforms in Beijing and Shanghai, as well as financial institutions such as ICBC Capital Management Co., Ltd., Bocom Financial Asset Investment Co., Ltd., PICC Capital Equity Investment Co., Ltd., CITIC Construction Investment, Guotai Junan Securities, and Hony Capital.

With the landing of this huge amount of financing, Unisoc's road to listing may be smoother. In fact, since 2019, Unisoc, as a chip giant, has begun to seek listing, but due to the market environment and the influence of its controlling shareholder, Unigroup, there has been no follow-up. This time, with the support of all parties, the company will gain new momentum at this critical node.

Public data shows that Unisoc has grown into the world's top three and the only full-scenario communication technology chip company in mainland China. It is one of the few companies in the world that fully masters full-scenario communication technologies such as 2G/3G/4G/5G, Wi-Fi, Bluetooth, TV FM, satellite communications, etc. In addition, Unisoc is also one of the three 5G chip companies in the global open market.

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