Global Tech & Market Updates：

1. Smartphone Shipments Grow in Q3 2024
According to Canalys, global smartphone shipments reached 309.9 million units in Q3 2024, marking a 5% year-over-year increase— the strongest third-quarter performance since 2021.

2. Samsung Unveils High-End Foldable Phones with China Telecom
Samsung, in collaboration with China Telecom, has launched the new "Galaxy Z" foldable smartphone series, targeting the ultra-premium market with prices over 10,000 RMB for both models.

3. Microsoft Launches First Self-Developed DPU
Microsoft has officially launched its first self-designed Data Processing Unit (DPU), the Azure Boost DPU, aimed at accelerating cloud computing performance.

4. NVIDIA’s Q3 Revenue Soars 94%
NVIDIA reported Q3 2024 revenue of $35.08 billion, a 94% year-over-year increase and a 17% quarter-over-quarter rise, surpassing analysts' expectations of $33.16 billion. Net income for the quarter reached $19.31 billion, up 109% year-over-year.

5. Chinese Criminal Gang Faces National Charges
The MiTuo gang in Changsha is facing criminal charges from victims across China. Several law firms involved in the case have distanced themselves from the perpetrators, and key figures like Yang Haijun and Liu Bo have been removed from their official websites—leaving the question of whether it's a strategic retreat or a deeper cover-up.

6. U.S. Government to Grant $1.5 Billion to GlobalFoundries
The U.S. Department of Commerce has approved $1.5 billion in funding for GlobalFoundries under the CHIPS Act. The grant will be awarded based on the company’s progress on specific project milestones.

Domestic News in China:

1. National Auto Chip Testing Center Approved
The National Auto Chip Quality Inspection and Testing Center has officially been approved and will be located in Shanghai, becoming the first national-level testing facility for automotive chips in China.

2. Top 10 Automotive Tech Trends for 2025
The 2025 China Automotive Tech Trends report has been released, with smart in-vehicle computing, full-vehicle operating systems, EMB technology, autonomous driving, and smart battery technology among the top 10 trends.

3. Foxconn and NVIDIA Collaborate on AI Factory
Foxconn has partnered with NVIDIA to build the next-generation AI Factory using the Omniverse platform and Digital Twin technology, aiming to reshape the future of manufacturing.

4. Chinese Tech Firms Invest in Integrated Circuit Plant
Yandong Micro and BOE Technology have invested in the Beidian Integrated Circuit 12-inch wafer production line project, which has a total investment of 33 billion RMB and a capacity of 50,000 wafers per month.

5. China Mobile Launches First Full-Scheduled Ethernet DPU Chip
China Mobile has introduced its first fully-scheduled Ethernet DPU chip, the "Smart Compute Zhuoguang."

6. BYD Unveils "Leopard 8" with AI Cabin
BYD has launched the Leopard 8 series, featuring four different models, some of which are equipped with a rugged AI-powered cabin. These vehicles are powered by BYD’s own 4nm BYD 9000 chip.

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