Jack Ma, chairman of Alibaba Group, said yesterday (25th) that Japan, China and other countries need to develop their own semiconductor technology in order to cope with the situation that the United States controls the global chip market.

According to Sina.com, Jack Ma explained that Alibaba is becoming more interested in the chip business. This month, it acquired Hangzhou Zhongtian Microsystems, a local chip design company in China.Available to everyone.

Alibaba has invested in five semiconductor companies in the past four years, he said.

Speaking to students and entrepreneurs at Waseda University in Tokyo, Ma reportedly told students and entrepreneurs that the US is the first mover and China needs a lot.100% of the chip market is controlled by Americans.It's self-evident what it means if sales are suddenly stopped in the US.

He pointed out that this is why China, Japan and any country need core technology.

Ma Yun said: We are entering a world where everyone lacks mutual trust.That's why we have trade wars and many other issues but don't give up.Trust isn't just earned, it's built.We can build trust. With a huge loss of 13.8 billion, LeTV is critically ill

After 48 hours of delay, in the early morning of April 27, LeTV disclosed its 2017 annual report and 2018 first quarter report.

According to the 21 Finance and Economics search report, just like the information disclosed in the annual report postponement disclosure announcement, LeTV's 2017 annual loss has increased significantly compared with the previous performance forecast disclosure.

Financial data show that for the whole year of 2017, LeTV’s revenue was 7.025 billion yuan, a year-on-year decrease of 68%; its net profit loss was 13.878 billion yuan, compared with a profit of 555 million yuan in the same period last year.In the previous performance bulletin released in February, LeTV had expected revenue of 7.463 billion yuan last year and a net profit loss of 11.6 billion yuan.At the same time, LeTV's 2018 quarterly report shows that in the first three months of this year, the net profit attributable to shareholders of listed companies was a loss of 307 million yuan, compared with a profit of 124 million yuan in the same period last year; operating income was 437 million yuan, a decrease of 89.41% from the same period last year.;

It is worth noting that, no matter as of the end of last year or the end of the first quarter of this year, LeTV has not been insolvent.Among them, as of the end of last year, LeTV's net assets attributable to shareholders of listed companies were 663 million yuan; by the end of the first quarter, the data was 304 million yuan.

However, although it did not touch the red line of insolvency, LeTV's 2017 annual report was given an audit opinion of no opinion by the audit agency.This means that a star company with a market value of 100 billion yuan will be warned by the regulators about the risk of delisting.