Tong Hsing eyes stronger G2 growth amid minimal tariff impact and Philippines expansion

Tong Hsing Electronic, a major backend services provider for CMOS image sensors (CIS), reported that while first-quarter operations saw a slight year-over-year decline, performance nonetheless exceeded internal expectations. Looking ahead, the company anticipates stronger results in the second quarter, with optical communication products within its RF module segment poised to deliver the most robust growth. Demand for ceramic substrates and high-end CIS is also expected to recover gradually.

Continue reading

Cambricon posts breakout 1Q as AI chip revenue soars over 4230%

Cambricon Technologies, a top Chinese AI chip designer, reported its full-year 2024 and first quarter 2025 earnings, revealing a sharp turnaround. After ending 2024 with losses, the company posted its first-ever profit in the fourth quarter and followed it with a breakout first quarter in 2025, with revenue skyrocketing to CNY1.111 billion (US$152.3 million)—a year-over-year increase of 4,230%. It marked Cambricon’s second straight quarter in the black.

Continue reading

Hong Kong’s trade role dims under US-China tensions

Once hailed as Asia’s freest port and a gateway between China and the world, Hong Kong now finds itself increasingly swept up in the geopolitical undertow of US-China tensions. As Washington ratchets up tariffs on Chinese goods, the city, long treated as a separate economic entity, is no longer spared. The latest round of tariffs signals a deeper shift: the fading distinction between Hong Kong and the mainland in the eyes of US policymakers, raising fresh doubts about the future of “One Country, Two Systems.”

Continue reading