
Sony Group lifted its operating profit forecast for fiscal 2025 to JPY1.43 trillion (approx. US$9.3 billion) from JPY1.33 trillion, beating the average estimate of JPY1.423 trillion from 22 analysts. Bloomberg and Nikkei attributed the upward revision to stronger semiconductor and music earnings and lower tariff-related costs
YMTC has begun constructing its third semiconductor plant in Wuhan, with mass production slated for 2027, while ramping up output at its second facility. Despite its strong domestic focus, industry insiders expect the company to rank among the world's top five memory makers within two years
Unicomp Technology Group, a Wuxi-based industrial inspection equipment maker, said its wholly owned unit, Ray Tech Singapore, will acquire a 66% stake in Singapore's SCPL Semiconductor Test & Inspection (SSTI) for SGD48.9 million (approx. US$37.54 million). Once the deal closes, SSTI will become a majority-owned subsidiary and be included in Unicomp's consolidated financial results
At a rare public appearance, Chinese artificial intelligence (AI) startup DeepSeek issued a stark warning: the long-term advance of AI could upend jobs and disrupt social structures, and companies must act by openly disclosing which professions are likely to disappear