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Wednesday 24 June 2026
Alibaba sues US Defense Department over military company label, raising contract and free-speech concerns
Alibaba Group Holding and its US subsidiary filed a suit on June 23, 2026, in federal court in California, seeking to overturn the Department of Defense's designation of Alibaba as a "Chinese military company." The case could affect the company's access to US government contracts and its standing in broader US supply chains.
LATEST STORIES
Wednesday 24 June 2026
Imoo overtakes Samsung to become No. 4 smartwatch brand
Imoo beat Samsung Electronics, Oppo, and Garmin to rank as the world's No. 4 smartwatch brand in global smartwatch sales in the first quarter of 2026. In fact, imoo's global smartwatch shipments have matched Samsung's in recent years, according to Counterpoint.
Wednesday 24 June 2026
China's LineShine supercomputer tops TOP500, but AI lead remains unclear

China's LineShine supercomputer debuted at No. 1 on the June 2026 TOP500 list, announced at the ISC 2026 conference in Hamburg, becoming the first system to sustain more than two exaflops on the standard HPL benchmark using CPUs only. The result marks the first time since 2017 that a China-based system has led the TOP500 ranking, and reflects Beijing's effort to present a frontier computing system built around domestic processors, interconnects, and software.

Wednesday 24 June 2026
CATL's HIMA exclusivity fades in China EV battery shake-up
Harmony Intelligent Mobility Alliance (HIMA) is reducing its reliance on CATL and broadening its EV battery supply chain, a pragmatic reset driven by cost pressure, delivery targets, and supply risk in China's electric vehicle market.
Wednesday 24 June 2026
Samsung eyes Galaxy Ultra for 2nm Exynos 2700

Samsung Electronics' System LSI division is pressing its mobile business to expand adoption of the in-house Exynos 2700 processor beyond the standard Galaxy S27 and S27 Plus models and into the premium Galaxy S27 Ultra and Galaxy Z Fold 8, according to The Bell.

Wednesday 24 June 2026
China's idle EVs could become AI token factories, says CATL chairman
CATL chairman Robin Zeng said on June 23 at the World Economic Forum (WEF) in Dalian that many electric vehicles (EVs) in China could be turned into computing infrastructure for the large-scale production of AI tokens by using their onboard batteries and AI chips.
Wednesday 24 June 2026
China's autonomous driving crackdown targets overpromised smart vehicle tech
China has announced its first mandatory national safety standard for Level 3 (L3) and Level 4 (L4) autonomous driving, with implementation set for July 2027.
Wednesday 24 June 2026
China's chip-equipment push starts to weigh on Japanese suppliers

China's push to build a domestic semiconductor equipment industry is beginning to cut into revenue at major Japanese toolmakers, with five major Japanese suppliers posting a combined 12% drop in China sales for the fiscal year ended March 2026, Nikkei reported.

Wednesday 24 June 2026
Samsung pushes memory supply deals as demand spreads beyond HBM

Samsung Electronics is putting long-term memory supply agreements higher on its second-half agenda as demand from data centers broadens beyond high-bandwidth memory, or HBM, into server DRAM and storage products.

Wednesday 24 June 2026
China CMP tool leader Hwatsing seeks US$550M to close chip equipment gap
Hwatsing Technology, China's leading domestic supplier of chemical mechanical planarization (CMP) equipment, is seeking up to CNY4 billion (approx. US$552 million) through a private placement to expand chip equipment capacity, strengthen wafer reclamation services, and accelerate high-end semiconductor tool R&D.
Wednesday 24 June 2026
SoftBank rejects space data centers and commits to Earth-based AI compute

SoftBank Group said it will prioritize building large-scale terrestrial AI data-center capacity rather than pursuing space-based data centers, with founder Masayoshi Son arguing that the decisive advantage in artificial intelligence will come from compute infrastructure deployed on Earth.

Wednesday 24 June 2026
Foldable iPhone centers on South Korean OLEDs for supply in 2026
Samsung Display (SDC) has reportedly won Apple's production approval for the OLED modules used in its first foldable iPhone and has officially begun production for initial shipments. Along with LG Display (LGD), the two South Korean makers will handle OLED orders across Apple devices in the second half of 2026.
Wednesday 24 June 2026
LG's space bet targets 2030 gains, with SpaceX talks adding lift
LG Group is expanding into the space industry, using affiliate-made components, rover concepts, and CubeSat systems to enter satellite supply chains and validate its technologies in orbit. At South Korea's NextRise 2026 startup expo, LG outlined a space business strategy that links its terrestrial technologies to future space applications and potential SpaceX cooperation.
Tuesday 23 June 2026
China's Starlink challenger Qianfan seeks US$740M backers for LEO satellite expansion

Shanghai Spacecom Satellite Technology (SSST, also known as Ambandha), operator of China's Qianfan low Earth orbit (LEO) satellite internet constellation, has launched a new funding round as the country's commercial space sector transitions from proof-of-concept to scaled deployment.

Tuesday 23 June 2026
Huawei renews Wi-Fi 6 patent push, putting networking equipment makers on alert

Huawei has continued to pursue patent litigation against networking equipment makers in Europe in recent years, with its latest case targeting a Taiwanese vendor. Sercomm recently disclosed that its German subsidiary, Sercomm Deutschland GmbH, had received a lawsuit from Huawei over certain Wi-Fi 6 products sold in Germany and other markets.

Tuesday 23 June 2026
South Korea takes physical AI push from policy to practice

South Korea has moved its Physical AI Alliance from a policy-setting body into an operational platform, as the government and companies such as Naver deepen cooperation with Nvidia on physical AI, AI factories and large-scale computing infrastructure.