China’s AI drive accelerates: data centers power 40% jump in computing capacity

China’s computing power for artificial intelligence is expanding at a blistering pace, with capacity expected to rise more than 40% this year, according to the Ministry of Industry and Information Technology. As of the end of June 2024, China had deployed 10.85 million standard racks in AI-focused data centers, reaching a total scale of 788 exaflops.

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CMC teams up with Taiwanese suppliers to launch ET35 electric commercial vehicle

Taiwan-based auto maker China Motor Corporation (CMC) held a press conference at its Hsinchu plant on August 22, 2025, for the launch of the ET35, a 3.5-ton electric commercial vehicle. This milestone signifies the official start of mass production for the first domestic vehicle developed in accordance with the Ministry of Economic Affairs’ (MOEA) smart electric vehicle (EV) 10+1 system architecture.

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Bill Gates partners with SK Group to advance South Korea’s SMR ecosystem as global competition rises

During his recent visit to South Korea, Microsoft founder Bill Gates met with SK Group Chairman Chey Tae-won to discuss future cooperation in the energy sector, particularly small modular reactors (SMRs). The two sides agreed to deepen their business ties and strategic partnerships, drawing significant attention from the global nuclear industry.

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Intel’s AI chip comeback: 2nm Jaguar Shores to rival Nvidia

Intel is reportedly leveraging its 2nm Intel Foundry process to develop artificial intelligence (AI) semiconductors, positioning itself to compete against industry leaders such as Nvidia. According to Wccftech, despite uncertainties surrounding Intel’s 18A (2nm) process technology, the company is actively developing a rack-scale AI chip solution based on the Jaguar Shores architecture, expected to feature SK Hynix’s sixth-generation high-bandwidth memory (HBM4).

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China’s top smartphone ODM plans HK IPO after doubling 1H25 revenue

Huaqin Technology, a leading global intelligent hardware platform company, announced on August 22, 2025, that it will issue H-shares and seek a main board listing on the Hong Kong Stock Exchange (HKEX). The offering will account for no more than 8% of its enlarged share capital, excluding the overallotment option, and is aimed at boosting the company’s overseas financing capacity and global presence.

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