Merida said its full-year 2026 business was still set to grow, supported by stable currency conditions, near-complete inventory reduction, and a stronger-than-expected rebound in lower-end bicycle demand in China. The bicycle maker outlined the outlook as the first-half pretax profit margin improved and product mix conditions became more balanced across key segments.
China has introduced five automotive chip certification and accreditation industry standards aimed at easing a key obstacle to domestic semiconductor adoption: getting locally designed chips qualified for production vehicles.
Amber Enterprises India's planned entry into smartphone manufacturing could mark a further step in India's effort to move beyond final assembly and build domestic capabilities in electronic components and materials.
Rising chip and copper prices are rapidly increasing cost pressure on LG Electronics.
Samsung Electronics and SK hynix have amassed a combined KRW278 trillion (approx. US$196.9 billion) in cash equivalents and short-term financial instruments by the end of the second quarter of 2026 as AI-driven memory demand lifted prices, revenue, and profit. The surge has shifted attention from earnings growth to how South Korea's two largest memory chipmakers will deploy their expanding financial firepower.
South Korea is looking beyond semiconductors and artificial intelligence for its next generation of strategic industries, naming seven technology fields it plans to cultivate over the next 10 to 20 years.
Samsung Electronics is reportedly on track to complete development of 10-nanometer-class seventh-generation DRAM, also known as 1d DRAM, before SK hynix. According to The Bell, citing industry sources, Samsung is targeting September 2026 for completion, while SK hynix is aiming for December 2026, giving Samsung a lead of about one quarter.
Amid a global shortage of AI semiconductor equipment, Hanmi Semiconductor announced on August 18 that it will acquire a factory owned by Mercury in the Juan National Industrial Complex in Incheon, South Korea. The site, covering 221,683 square feet, will become Hanmi Semiconductor's eighth and largest production base.
India Chip Private Limited, the semiconductor joint venture between HCL Group and Hon Hai Technology Group (Foxconn), has appointed Shikhar Malhotra as its chairman, according to tele.net.in. Malhotra, who also chairs HCL Capital and serves on the board of HCL Corporation, will lead the venture as it works toward commissioning its outsourced semiconductor assembly and test (OSAT) facility in Jewar, Uttar Pradesh.
Mobile humanoids became Rainbow Robotics' biggest revenue source in the first half of 2026, while ROBOTIS posted rapid actuator growth and Doosan Robotics expanded its North American automation business, showing how South Korea's physical AI push is beginning to generate sales even as profitability remains uneven across robot makers.
Z.ai has released GLM-5.3, a new AI model that it said delivers major gains in coding and cybersecurity through post-training alone. The Chinese startup also said the model uncovered a potentially serious vulnerability in Cursor, the AI coding company recently acquired by SpaceX.
LG Electronics has secured its first order for laser direct imaging (LDI) equipment used in semiconductor packaging, marking an early commercial milestone as it expands into chip packaging.
China AIoT chip designer Rockchip posted record first-half 2026 results, with revenue rising 40.6% year on year to CNY2.88 billion (US$427 million) and net profit surging 61.73% to CNY859 million, supported by accelerating edge AI adoption.
