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Wednesday 20 August 2025
Xiaomi eyes 2027 European expansion following robust EV profitability
Xiaomi's electric vehicle business delivered strong performance in the second quarter of 2025, reflecting the company's strategic focus on premiumization and operational efficiency
Wednesday 20 August 2025
VinFast restructures with transfer of Novatech shares worth US$1.6 billion to founder
On August 14, 2025, VinFast Auto announced a restructuring plan that will spin off certain research and development assets into a newly formed entity and subsequently transfer ownership to founder and CEO Pham Nhat Vuong. The move underscores the founder's role in supporting the company's long-term growth strategy as VinFast continues to refine its capital and operational structure
Wednesday 20 August 2025
Xiaomi shifts gears as EV and AI drive growth despite smartphone slowdown
Xiaomi delivered a strong performance in the second quarter of 2025, underscoring its rapid transformation into a more diversified technology company. Growth in its EV, AI, and new initiatives businesses helped the company offset continued weakness in its core smartphone segment. The results highlight Xiaomi's shift away from reliance on handsets, with emerging businesses beginning to play a more central role in driving profitability and investor confidence
Wednesday 20 August 2025
Minebea Mitsumi calls Shibaura deal a once-in-a-lifetime chance as Yageo delays linger
The acquisition contest for Shibaura Electronics, a maker of negative temperature coefficient (NTC) thermistors, has intensified as Minebea Mitsumi and Taiwan's Yageo Corporation have matched bids of JPY6,200 (US$41.95) per share. Both firms are vying to secure control amid strategic industry significance
Wednesday 20 August 2025
Samsung's HBM3E supply to Nvidia loses strategic significance as focus shifts to HBM4 in 2026
Driven by the booming demand for artificial intelligence (AI) servers, high-bandwidth memory (HBM) has become a key factor reshaping the memory industry landscape. Micron recently announced that its entire HBM supply for 2026 is already fully booked, intensifying competition among the three major memory manufacturers in the HBM market
Wednesday 20 August 2025
TSMC holds the high ground on 2nm, but Samsung moves fast to close the gap
The battle for dominance in 2-nanometer (nm) chip manufacturing has officially begun. While Samsung Electronics is gaining ground by offering lower prices and faster response times, its Taiwanese rival, TSMC, is doubling down on a high-price, no-discount strategy—setting the stage for a pivotal clash in next-generation semiconductor production
Wednesday 20 August 2025
Cambricon Technologies to raise CNY3.98B to advance AI chip autonomy
China's artificial intelligence (AI) industry is rapidly developing, with the Chinese government actively promoting increased procurement of domestically produced AI chips by local data centers. However, there is currently no solution that can fully replace Nvidia. Cambricon Technologies, a potential challenger to Nvidia in China, plans to raise nearly CNY3.98 billion (US$553.9 million) for AI chip development to strengthen its market position amid China's push for AI chip self-sufficiency
Wednesday 20 August 2025
China unveils e-beam lithography machine with precision near ASML's High-NA EUV, but faces mass production hurdles
China has unveiled its first domestically developed commercial electron-beam lithography (EBL) tool, marking a symbolic step forward in efforts to reduce reliance on foreign semiconductor manufacturing equipment
Wednesday 20 August 2025
Vietnam urges Qualcomm to deepen investments as the country nurtures IC design capabilities
Vietnam's Prime Minister Pham Minh Chinh has called on US semiconductor giant Qualcomm to expand its investments in the country, particularly in core technology areas within the semiconductor value chain. The appeal was made during a meeting with Qualcomm President and CEO Cristiano Amon in Hanoi on August 12, 2025, according to The Investor
Wednesday 20 August 2025
Chip toolmakers diverge: AI drives windfalls, China demand fades
Half of the world's 10 largest chip equipment makers reported profit declines or markedly slower growth in the second quarter of 2025, highlighting an uneven cycle driven by booming AI demand on one side and weakening orders from China on the other
Tuesday 19 August 2025
Prime Minister of Singapore highlights employment as economic focus amidst AI advancements
At the National Day rally in Singapore, Prime Minister Lawrence Wong underscored that the country's top economic priority is "employment," highlighting efforts to enhance citizens' skills amid the rise of artificial intelligence (AI). The government aims to ensure Singaporeans remain central to its workforce strategies
Tuesday 19 August 2025
Dongfeng to sell Honda engine JV stake as China accelerates EV shift

Dongfeng Motor Corporation, one of China's largest state-owned automakers, is divesting its 50% stake in Dongfeng Honda Engine Co., a joint venture with Japan's Honda Motor Co., in a move that signals a decisive pivot away from internal combustion engines and toward electric mobility

Tuesday 19 August 2025
Beijing's digital report card: Big 5G gains, rising AI, and the next bet on low-altitude economy
China unveiled the results of its 14th Five-Year Plan (2021–2025) for digital economy development, showcasing progress in digital infrastructure, cross-industry data applications, and efforts to establish a national framework for data sharing and circulation
Tuesday 19 August 2025
Samsung SDI beats LGES, SK On to secure major ESS contract
Samsung SDI recently emerged victorious in a large-scale energy storage system (ESS) tender in South Korea, marking a significant milestone in its business transformation as the electric vehicle (EV) market faces a downturn
Tuesday 19 August 2025
Huawei data center chip stuck on outdated 5nm node, teardown reveals
A recent teardown of Huawei's new Kunpeng 930 data center processor suggests the chip may still rely on TSMC's five-year-old 5nm manufacturing node. The finding underscores how US sanctions continue to block Huawei's access to cutting-edge semiconductor technology and limit its advancement in the data center market