China’s sustained investment in its semiconductor equipment ecosystem is starting to alter the global balance of power. Markets once controlled by US and Japanese giants are now being reshaped by the rapid ascent of Chinese equipment makers.

Chinese tech giant Huawei, the first company in the world to launch a tri-fold smartphone, has unveiled its latest tri-fold model, the Mate XTs Ultimate Design, just one year after its initial launch. Richard Yu, chairman of Huawei’s consumer business group, revealed that the new device is powered by the Kirin 9020 chip. This marks the first time in four years that Huawei has publicly disclosed a new generation of Kirin chips at a product launch event.

France is preparing its biggest foray yet into Asia’s semiconductor heartland. At SEMICON Taipei next week, Paris will field its largest industrial delegation on record, a move that signals an ambition to plant itself firmly in the global supply chain—not through wafer fabs, but through advanced packaging.

Many believe that generative AI will replace various creative jobs, but AI-generated content often contains flaws, which has unexpectedly given rise to a new gig economy focused on editing AI output.