Sunday, April 23, 2023

Sources: the Biden administration has asked South Korea to encourage Samsung and SK Hynix to hold back from boosting sales to China if Beijing bans Micron chips (Demetri Sevastopulo/Financial Times)

Demetri Sevastopulo / Financial Times:
Sources: the Biden administration has asked South Korea to encourage Samsung and SK Hynix to hold back from boosting sales to China if Beijing bans Micron chips  —  White House has tried to enlist Samsung Electronics and SK Hynix in its semiconductor battle with Beijing



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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...