Friday, December 10, 2021

US may ban key exports to Chinese chipmaker SMIC

U.S. officials are considering discussing a Defense Department proposal this month to close regulatory loopholes that have allowed Chinese chipmaker SMIC to buy critical U.S. technology, the Wall Street Journal reported. https://ift.tt/3EUR5rK
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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...