International News

1.SK Hynix will begin mass production of its 12-layer HBM3E memory by the end of September this year.

2. On the morning of September 10, Alibaba Cloud experienced service disruptions due to a fire at its Singapore data center in the C zone. The fire was caused by a lithium battery explosion.

3. OpenAI is undergoing a new round of fundraising, aiming for a valuation of $150 billion. The plan includes raising $6.5 billion and securing a $5 billion credit loan.

4. Apple lost its tax case with the European Court of Justice regarding Ireland, which means the company will have to pay up to €13 billion (approximately ¥102 billion) in taxes.

5. Kinghelm’s (www.kinghelm.net) news article, “Xichong Chamber of Commerce Team Breaks Deep Chengdu Chongqing Basketball Three-Point Record,” has been featured in hundreds of mainstream media outlets including the UK News Chinese Network, Global Post Chinese Network, and US News Chinese Edition.

6. The “Global Wearable Device Market Quarterly Tracking Report” shows that global shipments of smartwatches reached 34.75 million units in Q2 2024, marking a 3.2% year-over-year decline.

China News

1. As of mid-September 2024, the Chinese consumer electronics industry has started to recover. The smartphone and PC markets are showing growth, and wearable device shipments continue to increase.

2. Statistics indicate that about 38% of the global supply chain for humanoid robots is based in China, with approximately 57% of those suppliers located in the Greater Bay Area.

3. The 2024 China International Surface Treatment Exhibition (SFCHINA) will be held from December 3 to 5 at the China Import and Export Fair Complex, Zones A4.1 and A5.1, in Guangzhou.

4. Shanghai Biran Technology Co., Ltd. plans to go public with its initial stock offering. The company is valued at ¥15.5 billion (approximately $2.177 billion).

5. The Longsys Zhongke 3B6600 CPU, an eight-core processor based on 7nm technology, is expected to start tape-out in the first half of 2025, with sampling and mass production anticipated later in the year.

6. Recently, the main building of the Changfei Advanced Wuhan base has been topped out. This facility will focus on the research and production of third-generation semiconductor power devices, with a total project investment estimated to exceed ¥20 billion.

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