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Thursday 23 October 2025
MetaX's 404% revenue surge powers a US$547M GPU IPO drive in Shanghai
MetaX's financial momentum is accelerating. The company reported CNY914.93 million (US$128 million) in revenue for the first half of 2025, a 404.51% year-over-year surge. Losses have narrowed sharply—profit before tax came in at a negative CNY183 million, and net loss attributable to shareholders was CNY185.9 million, down 64.28% and 63.74% respectively. The strong rebound comes as MetaX gears up for its Shanghai Stock Exchange (SSE) STAR Market IPO, according to East Money and 163.com
Thursday 23 October 2025
Apple assembles new Vision Pro in Vietnam, signaling broader shift from China

Apple's updated Vision Pro headset, launching this week, may not bring sweeping new features, but the packaging reveals a quietly significant shift: it's assembled in Vietnam

Thursday 23 October 2025
China's ZJeagles breaks VCSEL funding record, accelerates AI photonics race

ZJeagles Comsemi Technology (ZJeagles) has closed its Series B+ funding round, securing over CNY700 million (approx. US$98 million) — a new record for China's Vertical Cavity Surface Emitting Laser (VCSEL) industry

Thursday 23 October 2025
CATL fuels DaMaoAI's AI energy platform as compute power meets the grid
As China's demand for greener, more efficient compute infrastructure surges, Shanghai-based DaMaoAI has become one of the country's standout innovators in "AI for Energy." The firm recently raised nearly CNY100 million (US$13.8 million) in an A+ round of funding from CATL Capital, the venture arm of battery leader CATL
Wednesday 22 October 2025
'Korea's CES' kicks off with flying cars and humanoid robots in the spotlight
South Korea's vision of a sci-fi future is on full display as the 2025 Future Innovation Technology Expo (FIX 2025) kicked off in Daegu. Dubbed "Korea's CES," the massive four-day event features 585 companies across 2,000 booths, all showcasing breakthroughs in mobility, robotics, and artificial intelligence
Wednesday 22 October 2025
Yageo's US$741.8 million Shibaura takeover marks rare Taiwan-Japan acquisition milestone
Yageo chairman Pierre Chen announced the successful acquisition of Japan's Shibaura Electronics and immediately traveled to Tokyo for a joint press conference with Shibaura president Akira Kasai, marking a new milestone in their partnership aimed at expanding presence in the Americas and Europe
Wednesday 22 October 2025
Samsung challenges Apple and Meta with Galaxy XR launch
Samsung Electronics has officially released its first extended reality (XR) headset, the Galaxy XR, priced at KRW2.69 million (approx. US$1,882). It targets the mid-to-high-end market segment, falling between Meta's Quest 3 and Apple's Vision Pro
Wednesday 22 October 2025
Tesla maps out AI6 chip supply chain from Korea to Texas
Tesla has started preparing for the production of its next-generation AI6 chip at Samsung's wafer foundry. Observers believe the company will first handle core technology development and other preliminary tasks in South Korea before ramping up mass production at Samsung's Taylor plant in Texas
Wednesday 22 October 2025
Dutch Minister held call with Beijing in rising tensions over Nexperia asset freeze

In a rare late-night statement issued on October 21, China's Ministry of Commerce disclosed that Minister Wang Wentao held a phone call with Dutch Minister of Economic Affairs Vincent Karremans, urging a resolution to the Netherlands' recent decision to freeze the assets of Nexperia, a major Chinese-owned semiconductor firm

Wednesday 22 October 2025
South Korean AI startup Rebellions partners with Malaysia's Sarawak government in Borneo
South Korean AI chip startup Rebellions has announced a partnership with the Sarawak state government in Borneo, marking its official entry into the Association of Southeast Asian Nations (ASEAN) market. According to South Korea's News 1 and MTN, Rebellions signed a memorandum of understanding (MOU) with Sarawak's IC design company, SMD Semiconductor, to collaborate on AI chip design and development. The cooperation includes joint semiconductor development, the Sarawak state government's data center initiatives, and joint marketing activities
Wednesday 22 October 2025
Will TSMC's 2nm price hike force Qualcomm and MediaTek to switch orders to Samsung?
As TSMC raises its 2nm prices, rumors have emerged suggesting Qualcomm and MediaTek might shift orders to Samsung. The speculation has gained traction in industry circles, with some observers pointing to the price increases as a potential catalyst for change. Yet supply chain sources told DIGITIMES that this scenario is highly unlikely and may be part of a broader South Korean tech industry narrative
Wednesday 22 October 2025
Malaysia signals willingness to partner with China and US on rare earth technology
Malaysia has reaffirmed its readiness to collaborate with both China and the US to develop rare earth processing technologies, according to the Ministry of Investment, Trade and Industry (MITI). The government emphasized its invitation for China to join efforts in building rare earth processing capabilities amid growing global demand and supply concerns. Malaysia possesses significant rare earth resources but lacks the specialized expertise and technology to fully exploit them
Wednesday 22 October 2025
China's DRAM awakening? CXMT plans Shanghai IPO, targets US$42B valuation

CXMT, China's leading DRAM maker, plans to launch an IPO in Shanghai as early as the first quarter of 2026, targeting a valuation of up to CNY300 billion (US$42.1 billion), according to Reuters, Gelonghui, and Sina. The planned listing underscores Beijing's drive for semiconductor self-sufficiency as Washington tightens restrictions on China's access to advanced chip technologies

Wednesday 22 October 2025
China's AI glasses are prototypes no more: Alibaba, Baidu just made them a market
The AI wave shows no sign of slowing, and AI glasses have become the next frontier where technology meets wearables, following smartphones and wireless earbuds. As of late 2025, China's AI glasses market is heating up fast, with Alibaba and Baidu ready to debut their own models within six months, marking the start of true industrialisation and a coming shake-up from brands to the supply chain
Wednesday 22 October 2025
Huawei's AI redemption: Richard Yu rallies global talent after PanGu fallout
As the US-China AI rivalry heats up, Huawei Executive Director and Chairman of the Board of Directors of the Consumer BG, Richard Yu, has announced a "Global Top AI Talent Recruitment Order" on Weibo, declaring Huawei's plan to form a world-class AI team to build leading large models and pursue the summit of artificial general intelligence (AGI)