SenseTime narrows losses 50% as ‘1+X’ strategy targets profitability

China’s SenseTime is starting to reap the benefits of its “1+X” business strategy, CEO Xu Li said. The Hong Kong-based AI firm halved its adjusted net loss in the first half of 2025 compared with a year earlier and expects the pace of improvement to quicken in the second half. Xu added that divesting certain non-core businesses from the balance sheet could push the company into profitability immediately.

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EV Group promotes Yu-Ying Lee to lead Taiwan operations amid expanding semiconductor market

EV Group (EVG), a leading player in semiconductor process solutions, announced on September 2, 2025, the promotion of Yu-Ying Lee (Cindy Lee) to general manager of its Taiwan branch, effective immediately. Lee will succeed Tse-Min Tsai, who remains president of EVG-Jointech Corp., a joint venture between EVG and Jointech that manages sales and marketing in Taiwan.

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