Yusin Malaysia plant to fully ramp up by 4Q26

Brake system parts maker Yusin said at an investor conference on September 23 that key equipment at its new Malaysia plant is expected to be installed by the fourth quarter of 2026, with production targeted at 557,500 sets in 2027. Chairman Ching-te Chi said the company was hit by the restructuring of its largest customer, First Brands Group (FBG), which pushed Yusin into a loss in 2025 and sharply cut first-half 2026 revenue, but July and August sales have returned to year-over-year growth, suggesting early signs of a rebound.

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Peking University Dean’s rare Intel China appearance hails AI-plus edge adoption

Chinese macroeconomist Justin Lin, dean of Peking University’s Institute of New Structural Economics, made a rare appearance at a tech industry event on September 22, speaking at the 2026 Intel Technology Innovation and Industry Ecosystem Conference about the AI revolution from an economic development perspective. Intel China used the event to showcase AI applications spanning edge AI, enterprise AI, and physical AI, underscoring its push to accelerate AI deployment in China.

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Nscale’s biggest customer: a Singapore unit with US$1,000 in capital, owned by ByteDance’s AI brand holder

Nscale, the UK AI cloud company preparing a US listing at a reported US$35 billion valuation, got nearly three-quarters of its 2025 sales from a Singapore company. Singapore and US records reviewed by DIGITIMES show that company’s parent owns the trademarks for ByteDance’s AI models and products outside China.

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Alibaba Cloud accelerates AI infrastructure buildout with 20GW target, eight-market expansion

AI adoption is accelerating, prompting global cloud providers to step up data center investment. Alibaba Cloud, the cloud computing arm of Alibaba, announced a new round of global infrastructure expansion at the 2026 Apsara Conference, with plans to broaden its data center footprint across eight countries and regions over the next 12 months.

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United Renewable Energy eyes US plant, space-based solar power in revenue push

Solar cell manufacturer and systems integrator United Renewable Energy (URE) is still awaiting a final decision on the location of its US solar module plant, a joint venture with Sino-American Silicon Products (SAS), although production has now been set to begin in the third quarter of 2027. The upcoming US plant is expected to lift overseas revenue in its solar power business, which accounts for 70% of the company’s total revenue; overseas sales currently account for roughly 20% of revenue in this segment and could double in 2027 amid strong demand. Moreover, the company is actively developing and testing solar power products for use in low Earth orbit (LEO) satellites with an eye on future growth, according to company chairman Sam Hong.

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ASML system sales in Europe remain at zero as EU debates Chips Act 2.0

European Union industry ministers are set to debate the proposed Chips Act 2.0 in Brussels on September 24, days after a senior ASML executive said the company is currently selling no chipmaking systems in Europe, highlighting the gap between the bloc’s semiconductor ambitions and where industry investment is flowing. The policy debate is scheduled for about 11:30 a.m. Brussels time at the EU Competitiveness Council.

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Meta stretches its glasses lineup from US$249 to US$1,299.99 as rivals close in

Meta Platforms used its Connect 2026 conference on September 23 to push its eyewear lineup toward both ends of the market, adding a camera-free audio model aimed at privacy-conscious buyers and a US$1,299.99 virtual reality (VR) device that fits headset-class hardware into a frame of about 100 grams. The range now runs from a US$249 Meta Adventurer to the new Meta VR Glasses, and the expansion comes as Samsung and Google prepare to launch their own glasses later this fall.

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