Weekly IC News Flash: Shanghai Likexin Semiconductor Declares Bankruptcy; NVIDIA Halts H20 Chip Production; ASUS Relocates 90% of Production from China; Microsoft Cuts Over 500 Jobs
2025-08-23 / Read about 0 minute
Author:小编   

Weekly IC News Flash: Shanghai-based Likexin Semiconductor has filed for bankruptcy liquidation due to financial insolvency. NVIDIA has suspended production of the H20 chip and is adjusting its market strategy in China. PC giant ASUS has shifted 90% of its production capacity out of mainland China. Meanwhile, tech giant Microsoft has announced layoffs affecting over 500 employees.