Maxone Semiconductor (Suzhou) has cleared the Shanghai STAR Market IPO review, a notable milestone in China's effort to end foreign control of the wafer-test hardware market. It is the only Chinese supplier in the global top 10 and has risen to sixth place in 2024, underscoring a broader shift in the semiconductor test supply chain

Japanese industrial machinery maker IHI Corp. has signed a satellite procurement agreement with Finnish synthetic aperture radar (SAR) satellite operator ICEYE, marking the launch of a joint satellite constellation program aimed at strengthening Japan's national security and expanding into commercial and public markets. The companies plan to begin acquiring satellite data in fiscal year 2026 (April 2026-March 2027)

China's electric vehicle (EV) sector, once a symbol of the nation's manufacturing ascendancy, is now showing signs of strain. As production far outpaces demand, the industry has entered a phase of what analysts describe as "bleeding competition", a prolonged period of margin erosion and consolidation that could reverberate across the global auto market