China’s key factory activity gauge closed the year with a contraction for a third straight month, suggesting that the world’s second-biggest economy may need more policy support to accomplish Beijing’s economic stabilisation goals in 2024.December’s official manufacturing purchasing managers’ index (PMI) fell to 49 from November’s 49.4, according to data from the National Bureau of Statistics released on Sunday.
This was much worse than the median forecast for 49.5 in a Reuters poll, as China’s first post-Covid year ended with a weaker-than-expected recovery.Earlier this year, PMI readings fell for five months in a row starting in April. After a brief expansion in September, they started falling again in October.
A reading above 50 typically indicates expansion of activity, while a reading below that suggests a contraction.
The statistics bureau pointed to an “increasingly complicated, tough and uncertain” external environment as a key reason for the continued fall.
Abonnieren fuer regelmaessige Marktupdates.
Bleiben Sie auf dem neuesten Stand der Branchentrends, indem Sie unseren Newsletter abonnieren. Unser Newsletter ist Ihr Zugang zu erstklassiger Marktexpertise.
ChangXin Memory Technologies (CXMT), China's top DRAM supplier, is reportedly preparing to phase out DDR4 products for server and PC use by mid-2026. As the company pivots to DDR5 and high-bandwid
Japan's push to revive its semiconductor manufacturing is hitting speed bumps as major manufacturers expressed cautiousness over operation or expansion amid weak demand outside of AI.According to
The global semiconductor manufacturing industry entered 2025 with typical seasonal patterns. However, looming tariff threats and evolving supply chain strategies are expected to create atypical season
At the TSMC Technology Symposium 2025 on May 15 in Hsinchu, Taiwan, T.S. Chang, VP of Advanced Technology and Mask Engineering at TSMC, announced the company's accelerated fab expansion plans. Pre
Chinese listed semiconductor equipment and materials companies released their 2024 annual financial reports in late April, revealing strong revenue growth but a decline in overall profitability. Despi
The Semiconductor Industry Association (SIA) reports that global semiconductor sales reached USD 167.7 billion in the first quarter of 2025, marking an 18.8% increase compared to the same period last
