2026 Laba Festival Greetings from SMYG LIMITED
Today, January 26, 2026, coincides with the eighth day of the twelfth lunar month, which is the traditional Chinese Laba Festival. Compared to previous years, this year's Laba Festival arrives slightly later, a result of the intercalary month adjustments in the lunar calendar, which also allows the warm anticipation before the Spring Festival to develop more lingeringly.
In ancient times, people held traditions of offering sacrifices to ancestors and deities, praying for a bountiful harvest and good fortune. The most widely recognized custom is the preparation and sharing of Laba porridge. Since the Song Dynasty, every household has simmered a pot of sweet, soft, and glutinous porridge on this day by slowly cooking a mixture of various grains and dried fruits such as glutinous rice, red beans, red dates, longan, and walnuts. A bowl of Laba porridge, blending multiple grains and dried fruits, not only symbolizes harvest and harmony but also marks the beginning of the lunar New Year celebrations, just as the folk saying goes: Once Laba is passed, New Year celebrations start at last. Through customs like making porridge, sharing it, and cleaning houses, people express gratitude to nature, cherish family bonds, and welcome the new spring with hopeful expectations. In northern China, people also prepare emerald-green Laba garlic, and since the word for garlic (蒜, suàn) sounds like "calculate" (算, suàn), it historically implied that the year-end was approaching, accounts would be settled, and a new beginning was welcomed. Additionally, some regions have unique food customs like eating Laba noodles or making Laba tofu.
Just a few days before the Laba Festival, the sustained surge in demand for artificial intelligence is reshaping the entire industry chain. On January 16, 2026, memory chip giant Micron Technology officially launched the construction of its large-scale wafer fabrication plant in Clay, New York. What’s more, Micron also signed a letter of intent to acquire relevant facility assets from Powerchip Semiconductor Manufacturing Corporation for $1.8 billion to strengthen its manufacturing capabilities. On January 21, 2026, reports indicated that Samsung Electronics has begun using the more advanced 2-nanometer process technology to design logic chips for high-performance memory chips like HBM. On January 23, 2026, market analysis pointed out that the AI boom has led to tightening supply and rising prices of core hardware, including CPUs and GPUs.
On this Laba day, filled with the aroma of porridge and anticipation, may you treasure the warmth around you and embrace the changes of the times.
About SMYG LIMITED
SMYG LIMITED is an original stock, order electronic components procurement platform, 28 years of component distributors, the company is based on the electronic components industry, based on "honesty and trustworthiness, mutual benefit and win-win" business Philosophy, with the "Internet +" operation mode of integrating advantageous resources, focus-ing on one-stop electronic component procurement, component BOM distribution and other services for electronic components. All components are sourced directly from the original manufacturers and agent channels, ensuring guaranteed quality.
