Ex-Cambricon chip architect takes major step at new venture with major angel backing

Former Cambricon Technologies CTO Liang Jun has taken a significant leap with his new venture. On July 30, Shanghai Fangqing Technology — where Liang now serves as CEO — announced it had raised several hundred million Chinese yuan in angel funding. The round was supported by top-tier backers, including the Strategic Investment Division of Xiaomi, Nio Capital, and Shanghai Lingang Holdings.

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Taiwan Mobile launches ‘Superman Project’ to drive internal AI transition

Taiwan Mobile (TWM) has launched a “Superman Project” aimed at equipping employees with the know-how to implement AI tools across all of the company’s business segments, from IT development and backend operations to physical retail and customer support. In addition to a technical upgrade, the move represents a total transformation of corporate culture as AI promises to accelerate digital transition, offering other companies a blueprint for AI-driven transformation.

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In China, the cars of the future come with monthly fees and friction

As automakers in Europe, the US, and China race toward smarter, software-defined vehicles, a new controversy is emerging across markets: the rise of in-car subscription fees. Nowhere is the backlash more pronounced than in China, where rapid development of vehicle electrification and software capabilities has collided with a tech-savvy and vocal consumer base.

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Greatek sees 2Q25 growth but faces currency erosion; flip-chip capacity expansion to complete by 1H26

Benefiting from a tariff buffer period, customers actively stocked up in advance. Powertech Technology Inc. (PTI)’s invested testing and packaging subsidiary, Greatek Electronics, reported consolidated revenue of NT$8.218 billion (US$276.8 million) for the first half of 2025, marking a year-over-year increase of 10.1%. The utilization rate in the second quarter rose by 5% quarter-over-quarter, although the appreciation of the New Taiwan dollar and rising electricity costs impacted gross margin performance.

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