Japan's Ministry of Economy, Trade and Industry and the Ministry of Finance have initiated discussions on imposing anti-dumping duties on Chinese-made graphite electrodes
China-based startup Zhipu AI has raised more than CNY1 billion (US$140 million) in its latest round of financing, with the investment to be used to fund the development of its GLM-series large language models (LLM)
Facing economic headwinds and escalating trade tensions, China is refocusing on its tech sector, with President Xi Jinping recently convening a rare symposium with high-tech entrepreneurs. This move signals Beijing's renewed commitment to technological innovation and industrial upgrades as key drivers of economic growth
Backed by state subsidies and a self-sufficient supply chain, China is ramping up SiC substrate and mature process chip production at an unprecedented pace. The expansion is fueling fears of a global oversupply and intensifying price competition for industry leaders like Rohm Semiconductor and Wolfspeed
Recently, Chinese lithium battery powerhouse Contemporary Amperex Technology Co. Limited (CATL) announced it had initiated arbitration proceedings with the Hong Kong International Arbitration Centre (HKIAC) against US energy storage company Powin. CATL claims Powin owes CNY319 million (US$43 million) and is seeking the seizure of Powin's assets. The same complaint has also been filed with the US Circuit Court in Oregon
Xiaomi's latest electric vehicle (EV), the SU7 Ultra, has exceeded expectations, hitting over 10,000 locked orders in less than three days since its launch on February 27. According to Xiaomi CEO Jun Lei, the company has already met its annual sales target ahead of schedule, with 19,000 confirmed orders and production now underway
With the European Union (EU) increasing tariffs on Chinese electric vehicle (EV) imports, BYD is ramping up its localization efforts to minimize the impact. The company is evaluating potential sites for a third European factory and expects to finalize its decision within the next 18 months, according to Executive Vice President Stella Li
Smartphone shipments in the Chinese market reached slightly less than 79 million units in the fourth quarter of 2024, representing a 14.9% increase quarter-over-quarter and a 0.6% growth year-over-year. Looking ahead to the first quarter of 2025, it is estimated that shipment volumes will experience a single-digit decline, according to DIGITIMES' latest report covering the Chinese smartphone market
Lens Technology is expanding beyond smartphones, strengthening its position in automotive glass manufacturing. While still a key Apple supplier, the company is accelerating its shift into new-energy vehicle (NEV) components, positioning itself for long-term growth despite short-term market headwinds
HP is cutting up to 2,000 jobs and scaling back its dependence on Chinese manufacturing for the North American market. This decision follows mounting US tariffs and rising component costs as the company reshapes its supply chain to stay competitive
The humanoid robotics industry is expanding rapidly, fueled by breakthroughs in AI, precision manufacturing, and materials science. By 2030, the global market is expected to surpass US$350 billion, with China leveraging its mature supply chain and cost efficiency to capture more than half of the market
Micron Technology has delivered its sixth-generation 10nm DRAM samples ahead of schedule, pressuring Samsung Electronics as it struggles with yield issues and design adjustments. South Korean media, including ZDNet Korea and Seoul Economic Daily, report that Micron's 1γ DRAM shipments are outpacing market leader Samsung, raising industry concerns
IBM China Investment Company Limited (IBMV) and its subsidiaries shut down on March 1, impacting over 1,800 R&D and testing staff in Beijing, Shanghai, Dalian, and other sites. IBM's Beijing headquarters is now being dismantled, closing a chapter on nearly 40 years of R&D in China for the erstwhile tech giant, as reported by sources including Sina and Jiemian
As India emerges as a potential key player in the semiconductor industry, Tata Electronics' partner, Tokyo Electron, is contemplating establishing a manufacturing presence in India, reports the Economic Times
The UK has unveiled its most expansive round of sanctions yet targeting Russia, encompassing 107 new designations, among which are 10 companies hailing from China and Hong Kong. In a departure from previous measures, this latest blacklist incorporates a broader array of individuals and entities from regions beyond Russia, including so-called "third country" firms acting as intermediaries. According to Voice of America, legal experts studying Hong Kong's role in facilitating Russia's activities note that, while these steps are proactive, the implicated companies can dissolve within days, only to swiftly reemerge and resume their operations unabated
