China’s JCET to build new plant in Shanghai to expand advanced chip packaging

South China Morning Post - Jun 25, 2026

Chinese chip-packaging and testing giant Jiangsu Changjiang Electronics Technology (JCET) says it will invest 7.8 billion yuan (US$1.15 billion) to build a new plant, as demand for home-grown chips continues to surge amid the rapid development of artificial intelligence. A controlled subsidiary with a registered capital of 4 billion yuan would be set up to construct an advanced packaging and testing factory in the Lin-gang Special Area in Shanghai, the company said on Wednesday. The project will...

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CXMT shares fall 7.8% despite blockbuster earnings figures

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China’s proposed AI tech export bans may create short-term costs, long-term gains: analysts

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China’s proposed export bans and controls of artificial intelligence technologies aim to tighten Beijing’s grip in the strategically vital sector, casting a cloud over the commercial prospects of domestic model developers in the global AI race, analysts say. The new measures come as concerns mount globally over the risks of advanced AI systems, following a string of recent cyberattacks, while also underscoring AI’s growing national security importance for both Beijing and Washington. Zhang Yi,...

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