According to a report by 36Kr, China's EV maker, XPeng Motors, has successfully completed the tape-out process for its self-developed intelligent driving chip. Sources cited by the report further reveal that XPeng's intelligent driving chip is specifically designed to meet AI demands, including e...

China's industrial profits continued to rise in July, as reported on August 27. According to  the National Bureau of Statistics, the cumulative year-on-year growth rate of profits for large-scale industrial enterprises reached 3.6% from January to July, an increase of 0.1% compared to the January t...

Amid the AI boom driving a surge in demand for advanced packaging, Samsung Electronics announced in March its ambition to achieve record-high revenue for the business this year, aiming to surpass the USD 100 million mark. The company, which is eager to catch up with TSMC not only on the foundry bu...

Kioxia has moved forward with its plans to go public, starting the process on August 23. This development follows Bain Capital, a U.S. private equity firm with a majority stake in Kioxia, submitting an application for the listing to the Tokyo Stock Exchange on the same day, according to Nikkei. K...

According to a report from Bloomberg, Applied Materials Inc. pointed out that the U.S. Department of Justice (DOJ) has requested information regarding its federal grant applications, further intensifying the government's investigation into the company's operations. Per a regulatory filing last we...