China’s automotive market remains caught in an intense price war, with competition becoming increasingly cutthroat over the past two years. This has forced weaker brands out of the market one by one. Industry projections suggest that by 2025, the dust will begin to settle, revealing a new turning point.

Fueled by strong demand from mobile phone and security control (SEC) clients, TSMC’s optical component manufacturing subsidiary, VisEra, reported a robust performance in the fourth quarter of 2024. This surge helped propel the company’s full-year revenue to surpass the NT$10 billion (approx. US$305.51 million) milestone, setting a new record in its history.

Ant Group is recruiting developers for AI-equipped humanoid robots as it prepares to enter the field. According to Chinese media outlets Jiemian News and South China Morning Post, Shanghai Ant (Mayi) Lingbo Technology, an Ant Group subsidiary, is hiring humanoid robot systems and application software engineers, hardware architecture engineers, motion control software engineers, and finished machine/hardware specialists, for job positions in Shanghai and Hangzhou.