The China Academy of Launch Vehicle Technology successfully launched the Smart Dragon-3 (Jielong-3) rocket on January 13, 2025, near Haiyang in Shandong province, deploying 10 CentiSpace-01 satellites into orbit. These satellites will form part of a low-orbit constellation planned to include 240 satellites, with 120 scheduled for deployment by the end of 2026.

Leading NAND flash manufacturers have gradually cut output to stabilize market prices and prevent further declines, as they intend to uphold pricing even beyond the Lunar New Year break, according to industry sources.

Cambricon Technologies, a leading AI chipmaker in China, has announced its 2024 financial forecast, estimating annual revenue of CNY1.07 to CNY1.2 billion (approx. US$146 to US$164 million). This marks a robust year-over-year growth of 50.8% to 69.2%. The company attributed the projected increase to its ongoing market expansion efforts and the growing adoption of AI applications, positioning 2024 as a year of significant revenue improvement compared to 2023.