As China’s 15th Five-Year Plan approaches, Big Fund III is accelerating its investments in core semiconductor materials and equipment sectors.

China’s artificial intelligence (AI) mobile app sector has surpassed 700 million monthly active users (MAUs), yet a majority of AI-native apps are facing significant user losses, according to data from QuestMobile cited by the South China Morning Post. As of September 2024, AI-native apps—those built with AI at the core—and in-app services, which provide intelligent AI features, combined reached 729 million MAUs, increasing by nearly 50 million since June 2024. Despite this growth, nearly 60% of native AI apps saw user decline in the third quarter of 2024.

Major Japanese automakers and suppliers have reported limited disruptions from the recent halt in semiconductor exports by Nexperia, a key chipmaker, as industry players emphasize sufficient inventory and alternative sourcing strategies to maintain stable production.