China’s National Development and Reform Commission (NDRC) will release the fourth round of its consumer goods trade-in subsidy in October, allocating CNY68 billion (US$9.45 billion). This brings the total 2025 stimulus to CNY300 billion, completing the nationwide rollout of the year’s trade-in initiative.

Intel’s grip on the server CPU market is slipping, with Advanced Micro Devices (AMD) closing the gap at a pace that may soon bring the once-dominant chipmaker to parity. As Intel grapples with uncertainty around the future of its 14A (1.4nm) node development and contends with Samsung’s recent win of a major wafer order from Tesla, AMD is poised to deliver another blow with its second-quarter earnings, scheduled for release on August 5 in the US.

Efficient Power Conversion (EPC), a company specializing in gallium nitride (GaN) semiconductor technology, announced on August 6 that the Beijing Intellectual Property Court dismissed an appeal filed by Innoscience (Suzhou). The ruling reaffirmed the validity of EPC’s Chinese patent ZL201080015425.X, related to the “Compensated gate MISFET and its manufacturing method,” a key patent in enhancement-mode GaN field-effect transistors (FETs).

展望下半年，董事长宋妍仪表示，开发新客群、产品往高值化移动，转型往半导体相关产业发展的策略方向不变。关税和汇率震荡完之后，预期会回稳，公司也已经和客户沟通涨价。