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Why can’t China make decent semiconductors?

Jack Ma says he’s ready for China to make semiconductors at home. It’s a longstanding goal for the Chinese government. And thanks to a recent crackdown on certain technology exports by the US, it’s now a critical one. The question is whether China can finally conquer this challenge after decades of failures. Semiconductors are the building blocks of electronics, found ...

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Farfetch’s valuation could wind up farfetched

Who wears it best in online luxury? Investors are about to decide. Just as Cie Financiere Richemont is taking control of Yoox Net-A-Porter Group, rival Farfetch U.K. Ltd may be eyeing a $6 billion initial public offering. Though YNAP is a digital pioneer, it apes a traditional department store. It buys stock and holds it until it is sold to ...

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Airbus is building gliders while Boeing floats on cash

What’s the difference between Boeing Co. and Airbus SE? One builds commercial aircraft, the other makes “gliders” (a pejorative term for passenger jets without engines.) Airbus shipped just 121 aircraft during the first quarter, the least since 2011, notes Bloomberg News’s Benjamin Katz this morning. That’s also one third fewer than Boeing managed in the same period. The main problem ...

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