
More recent developments

China’s top DRAM maker CXMT begins IPO process
What happened: On July 7, ChangXin Memory Technologies (CXMT) officially began its IPO application process, according to filings with the securities regulator (CSRC). Some context: Founded in 2016, CXMT is China's top dynamic random-access memory (DRAM) maker with a valuation… Read More »

Shanghai aims to attract foreign games developers
On July 7, Shanghai issued new policy measures to support the development of the local software industry. What caught our eye: Policymakers promised to treat video games developed by foreign-funded companies in Shanghai as domestic game products. The distinction matters… Read More »

France hits Shein with record fine
What happened: On July 3, French regulators hit Shein with a record EUR 40 million fine for misleading consumers with deceptive information about discounts and the company's environmental practices. Shein has claimed the fine would have little impact, and that… Read More »