News

China’s semiconductor investment reached RMB 455 billion in H1 2025, down 9.8% YoY, with wafer production accounting for 51% of total spending. While chip design and testing declined sharply, ...
TSMC said it will phase out six-inch wafer production over the next two years and consolidate eight-inch capacity to improve operational efficiency. The move, approved by its board as part of a ...
Romoss has resumed hiring despite a six-month production halt announced in July following a mass recall of nearly 500,000 power banks over fire risks. New job postings appeared days after its equity ...
Tencent Music reported Q2 2025 revenue of RMB 8.44 billion, up 17.9% YoY, with net profit rising 43.2% to RMB 2.41 billion. Music subscription revenue grew 17.1%, while ARPPU rose to RMB 11.7. Paid ...
Leapmotor led Chinese EV startups in export volume from January to July 2025 with 24,980 units and topped domestic deliveries for five straight months, reaching 50,129 in July. A ship carrying over ...
China’s coffee and tea chains saw sales gains last week from store expansion and autumn drink launches. Chagee’s seasonal sales jumped 200%, CoCo sold 4.1 million cups in a day, and Naixue’s delivery ...
China’s coffee and tea chains saw sales gains last week from store expansion and autumn drink launches. Chagee’s seasonal sales jumped 200%, CoCo sold 4.1 million cups in a day, and Naixue’s delivery ...
Gao Yang, co-founder of the embodied intelligence company Spirit AI, offers some advice: Take a robot that claims to fold ...
Three golden hours onstage, and a whole economy is set in motion. Artists, managers, promoters, local governments, platforms, ...
At that same summit, Genspark was mentioned repeatedly, alongside Manus, one of the first AI agents to gain widespread ...
Xiaomi founder and CEO Lei Jun launched an online poll on whether to rename the standard edition of its YU7 EV, stressing it is not a stripped-down model given its 835-kilometer range, Thor chip, and ...
Graas.ai, a Singapore-based data and automation company for e-commerce, has raised over USD 9 million in a pre-Series B funding round led by Tin Men Capital, with participation from Incred Wealth, ...