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Tuesday 28 April 2026
China blocks Meta-Manus deal, signaling tougher stance as unwinding poses complex fallout
China's decision to block and unwind Meta Platforms' acquisition of AI startup Manus is reverberating across the global technology sector, highlighting Beijing's increasingly assertive approach to controlling strategic technologies and cross-border deals
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Wednesday 29 April 2026
Nvidia taps Nanya for AI racks with LPDDR equivalent to 4,500 smartphones per rack
The AI boom is pushing memory demand well beyond high-bandwidth memory (HBM). Low-power DRAM is now under pressure too, with shortages emerging as chip developers including Nvidia, Qualcomm, and Tesla adopt LPDDR in next-generation processors, according to Chosun Biz
Wednesday 29 April 2026
US escalates chip war, targets Hua Hong's 7nm ambitions just ahead of Trump-Xi Summit

The US Department of Commerce (DOC) has reportedly issued "is-informed" letters to several major wafer fab equipment (WFE) manufacturers, ordering an immediate halt to tool shipments destined for Hua Hong Semiconductor, China's second-largest foundry

Wednesday 29 April 2026
China's GPU IPO wave meets its hardest test: cluster stability
China's GPU startups, including Moore Threads, MetaX, and Biren, are gaining ground in the AI accelerator market. But as demand shifts from training to inference, cluster stability, software maturity, and cost efficiency are emerging as the real constraints
Wednesday 29 April 2026
Commentary: China's chip-model strategy pressures Nvidia's AI economics
The global AI industry is shifting into an inference cost war in 2026, with DeepSeek V4 accelerating changes across China's semiconductor supply chain. By positioning Huawei's Ascend chips as viable alternatives to Nvidia GPUs, DeepSeek reframes competition beyond software versus hardware. The shift cuts deeper, reshaping how AI systems are architected from the ground up
Wednesday 29 April 2026
Meta reportedly to cancel Manus acquisition as China clamps down on 'Singapore washing' in AI
After China's National Development and Reform Commission (NDRC) banned Meta's acquisition of AI startup Manus, the social media giant is reportedly preparing to unwind the deal and allow the founding team to exit in compliance with the cancellation. Original investors, including Tencent, HSG, and ZhenFund, have pledged cooperation should Meta finalize the termination
Wednesday 29 April 2026
CATL and HyperStrong sign record sodium-ion battery deal as storage market scales up
On April 27, CATL and HyperStrong signed a strategic cooperation agreement for sodium-ion batteries, marking what multiple reports described as a major step toward large-scale commercialization of the technology. According to Jiemian and Security Times, the two companies agreed on a three-year, 60GWh supply contract, which CATL said is "the largest sodium-ion battery order globally to date." The deal was signed in Ningde, Fujian province
Tuesday 28 April 2026
Commentary: Honor retools for humanoid robotics, rewrites AI device playbook

Honor's surprise win at this year's Beijing humanoid robot half-marathon has stirred industry debate, not only for its on-track performance but for what the move signals about shifting competitive dynamics. The smartphone maker's cross-sector push into robotics has reignited questions over whether embodied AI and humanoid systems could trigger a new round of market reshuffling

Tuesday 28 April 2026
Empyrean draws retail inflows while profit falls, testing China EDA valuations
China's domestic EDA software developer Empyrean Technology is attracting a growing base of retail investors even as its earnings weaken, underscoring a widening gap between market enthusiasm for semiconductor design tools and near-term profitability
Tuesday 28 April 2026
US and China auto markets face diverging pressures

The world's two largest auto markets, the US and China, now resemble opposite ends of a scale, each confronting a distinct set of structural strains. In the US, policy uncertainty is forcing carmakers into repeated strategic recalibrations. In China, by contrast, overcapacity and relentless competition are squeezing margins. Together, these pressures are reshaping how capital is allocated and how market share is contested, testing both the financial resilience and strategic discipline of global automakers

Tuesday 28 April 2026
Wuhan unveils US$38 billion plan; YMTC and XMC lead memory expansion
China's central tech hub Wuhan has unveiled its 2026 major project plan, targeting 355 city-level projects with total investment exceeding CNY260 billion (approx. US$38.1 billion)
Tuesday 28 April 2026
Kakao Mobility launches Level 4 robotaxi, scales AI mobility platform
South Korea's leading mobility platform, Kakao Mobility is accelerating the commercial rollout of Level 4 autonomous driving, placing artificial intelligence at the center of a "physical AI" strategy that spans vehicles, robotics, and platform infrastructure
Tuesday 28 April 2026
Commentary: What Amap reveals about AI navigation, data control
AI-powered navigation platforms such as China's Amap are forcing a rethink of how convenience, competition, and data governance intersect. The debate in Taiwan over Amap's near-real-time traffic light countdown and high-precision navigation reflects a broader shift in how mobility data is collected, processed, and monetized
Tuesday 28 April 2026
Moore Threads hits first profit, AI compute orders drive growth
China's domestic GPU developer Moore Threads is shifting from heavy R&D spending to early monetisation, delivering triple-digit revenue growth in 2025 and its first quarterly profit in early 2026, driven by rising AI compute demand
Tuesday 28 April 2026
LG Display posts strongest 1Q26 profit in five years, signals end to job cuts

LG Display reported its strongest first-quarter operating profit in half a decade and signaled an end to years of workforce restructuring, as it continues to shift toward high-end OLED panels

Monday 27 April 2026
Analysis: Beijing Auto Show signals new phase in China's EV race
The 2026 Beijing International Automotive Exhibition opened on April 24 with a scale that stands in sharp contrast to the contraction of many global auto shows. Spanning roughly 380,000 square meters and drawing more than 2,000 exhibitors, the event has become one of the clearest barometers of where the automotive industry is heading