SMIC reports Q3 revenue up 9.7% YoY to $2.38B, above $2.35B est., and net profit up 29% YoY to $191.8M, above $161.2M est., as analog chip demand rises (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal:
SMIC reports Q3 revenue up 9.7% YoY to $2.38B, above $2.35B est., and net profit up 29% YoY to $191.8M, above $161.2M est., as analog chip demand rises  —  China’s largest contract chip maker is upbea…

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European carmaker officials warn the industry faces “devastating” chip shortages after the Netherlands’ Nexperia takeover and is scrambling to find alternatives (Financial Times)

Financial Times:
European carmaker officials warn the industry faces “devastating” chip shortages after the Netherlands’ Nexperia takeover and is scrambling to find alternatives  —  Executives warn production lines could s…

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A Chinese-born businessman who the US and China say ran one of SE Asia’s largest scam compounds was extradited to China, three years after his Thailand arrest (Francesca Regalado/New York Times)

Francesca Regalado / New York Times:
A Chinese-born businessman who the US and China say ran one of SE Asia’s largest scam compounds was extradited to China, three years after his Thailand arrest  —  China and the United States say Sh…

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