Thursday, July 29, 2021

As China expands oversight, Tencent's value dropped 23% in July, erasing ~$170B; nine of the top 10 losers in shareholder value in July were Chinese companies (Bloomberg)

Bloomberg:
As China expands oversight, Tencent's value dropped 23% in July, erasing ~$170B; nine of the top 10 losers in shareholder value in July were Chinese companies  —  - Tech giant is set to see its worst month ever after selloff  — Nine of top 10 market value losers in July are Chinese firms



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...