Meta has taken its first concrete step into generative visual media, entering a market that is filling rapidly with rivals — and where a Chinese incumbent has already turned AI video into a highly profitable business.

LG Electronics reported higher revenue and operating profit for the second quarter of 2026, supported by strong year-over-year growth even as earnings eased slightly from the previous quarter.

A Chinese research team has developed a phase-change memristor-based neural dynamical system chip, offering a potential hardware path for real-time brain modeling, brain-computer interfaces, and brain disease diagnosis.

For years, Washington and Beijing focused much of their tech rivalry on silicon. Now the front line may be moving to the AI models themselves.

Ennoconn Technologies said its June 2026 revenue set a new high, with monthly, quarterly, and cumulative results all reaching record levels as demand for AI and smart applications lifted the industrial PC maker's performance. Looking ahead, the company said its order backlog remains high, and that continued demand for physical AI and the digital transformation of industry is supporting its growth momentum.

Global PMX said on July 6 that demand tied to semiconductor advanced-process equipment and AI server liquid-cooling systems remained strong, helping lift June 2026 consolidated revenue to NT$750 million (US$23.47 million), up 30.66% from a year earlier. The automotive powertrain and safety component maker also reported higher revenue for the second quarter of 2026 and the first half of the year.

Sharp is aiming for annual sales of JPY200 billion to JPY300 billion, roughly US$1.2 billion to US$1.9 billion, from a new group of businesses it is developing with its parent company, Taiwan's Foxconn.