Hesai Group, the world's top LiDAR maker, has filed with China's securities regulator to pursue a secondary listing in Hong Kong. The move comes months after rival RoboSense Technology's Hong Kong debut in January 2024, setting the stage for another major LiDAR player to tap Asian capital markets
Samsung Electronics is reportedly considering a strategic investment in Intel to strengthen its foundry business, according to South Korean media outlets Businesspost and Newstomato, which cited industry sources. The move would target their common rival TSMC, the world's leader in advanced chip manufacturing
DeepSeek shook up China's AI race on August 21 with the release of its V3.1 model, built on UE8M0 FP8 Scale precision and designed for upcoming Chinese processors
Japanese makers of semiconductor equipment parts that cater to niche markets are struggling to cash in on the AI boom, even as it drives record profits for chipmakers and tool giants. Their struggles highlight the uneven ripple effects of AI across the global supply chain, according to reports from the South China Morning Post and Bloomberg