Yearly Archives: 2025

[News] Chipmaking Giant ASML Reportedly Joins Call to Postpone EU AI Rules by Two Years

With key parts of the EU’s landmark AI Act set to take effect as early as August, over 40 European CEOs—including chipmaking tool giant ASML and big techs Philips and Siemens—are calling for a two-year delay, warning that rushing the …

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[News] Xiaomi YU7 Hit the Market, with Displays Supplied by CSOT and Foryou Group

TCL CSOT announced via its official WeChat account that Xiaomi officially launched its second mass-produced electric vehicle, the YU7, during the “Xiaomi Human-Car-Home Full Ecosystem Launch Event” held on June 26 at 7:00 p.m. The vehicle features panoramic curved projection …

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[News] NXP Reportedly Eyes Local Foundry Partner to Boost Full Chipmaking in China

Amid rising U.S. export controls and looming tariff risks, Dutch chipmaker NXP is doubling down on its China localization strategy—“In China, For China, For the World.” According to Chinese outlet Jiemian, the company now plans to partner with a local …

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[News] TikTok Shop Cuts Jobs; Microsoft Reportedly Sees Largest Layoffs in Years

Tech industry layoffs are continuing. According to Bloomberg, TikTok is conducting another round of job cuts within its U.S. e-commerce unit, TikTok Shop—marking the third round of layoffs for them since April. The company did not respond to inquiries about …

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[News] U.S. Reportedly Lifts Export Curbs on EDA Software to China

According to Bloomberg, the Trump administration has eased certain export license requirements for selling EDA software to China. As part of a trade agreement finalized last week, the U.S. agreed to permit shipments of chip design tools, ethane, and jet …

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