17
Jun
Chinese AI lab DeepSeek has closed its first external funding round, raising more than CNY50 billion (approx. US$7.4 billion) in a deal that values the large-language model developer at more than US$50 billion and makes it China’s most valuable AI startup.
17
Jun
WinWay buys California property to support US expansion in AI and HPC
WinWay Technologies has bought real estate in California for US$2.28 million to create a local manufacturing and office base, a move that underscores how Asian suppliers are expanding closer to US customers as demand rises for AI, high-performance computing, and chip testing services worldwide.
17
Jun
BOE starts production at China’s first 8.6G AMOLED line
BOE Technology Group has begun mass production at its Chengdu high-tech zone facility, a move that could reshape the supply of OLED displays for notebooks and tablets, while intensifying competition in a market where manufacturers across Asia are racing to expand higher-generation panel capacity for global electronics buyers.
17
Jun
Tong Yang sees steadier auto parts demand as tariff and conflict risks ease
Tong Yang Group said global auto parts demand could stabilize in the second half of 2026 as tariff uncertainty eases and Middle East tensions cool, a shift that may help restore order timing and support suppliers tied to export markets, including readers tracking broader automotive and manufacturing trends worldwide.
17
Jun
Bull and Foxconn to build Nvidia’s latest AI servers in Europe
Bull, the French computing company, and Foxconn announced Tuesday that they will manufacture systems based on Nvidia’s Vera Rubin NVL72 platform in Europe — the first concrete output of a partnership the two companies unveiled just two weeks ago.
17
Jun
WFE Technology to transform into holding company, eyeing smart building growth
Electronic components distributor WFE Technology has launched a transformation plan to become an investment holding company. The company said smart building demand is boosting its electronic lock business, while AI-driven component demand is lengthening lead times.
17
Jun
Ta Tun Electric Wire and Cable opens Arizona office to target US chip and AI demand
Ta Tun Electric Wire and Cable is expanding into North America as semiconductor factories and AI data centers drive stronger demand for high-capacity power infrastructure worldwide. The company said its Arizona office and US certification push are meant to support chipmakers, cloud operators, and the broader energy needs of advanced computing facilities.
17
Jun
Shihlin Electric plans North America-focused plant as five business lines drive double-digit growth
Shihlin Electric said on June 17 that it expected double-digit revenue and profit growth for 2026, driven by momentum across five business lines: Taiwan Power grid resilience projects, energy transition initiatives, the AI data center supply chain, turnkey transportation and public works, and exports. Executives at the shareholders’ meeting announced that a rising export mix should reduce seasonality between the first and second halves of the year.
17
Jun
Li Auto’s new automotive chip and what it says about China’s EV market
Li Auto announced details of its new Mach M100 chip, a self-developed 5nm chip focused on autonomous driving, on June 15. This development marks the latest entry among Chinese automakers into designing in-house chips as they compete on cost and smart-driving features.
17
Jun
Alibaba moves Qwen AI into robotics with first embodied intelligence suite
Alibaba Group has unveiled its first suite of artificial intelligence (AI) models for robots, taking its Qwen family beyond chatbots and software agents into machines that can navigate, simulate, and manipulate the physical world.