Alibaba's T-Head semiconductor unit has increased its registered capital to 1 billion yuan (US$148 million) from 300 million yuan. This move aligns with plans to spin off the chip design division as China intensifies its focus on semiconductor development.
A survey reveals 90% of Hongkongers want old-age self-sufficiency but expect 14 years of care dependency and 17 years of financial dependence. Many are unprepared for healthcare costs and retirement funding.
Chinese lithography firm CFMEE plans a Hong Kong IPO next week, aiming to raise up to $410 million to fund strategic investments, R&D, and capacity expansion as China pursues semiconductor self-sufficiency.
India's energy self-sufficiency is a key investment theme for the next decade, driven by electrification to reduce import dependence. Experts focus on solar, storage, nuclear, and transmission infrastructure. EVs face rare-earth challenges, spurring innovation. AI is another major growth area. Investors should manage thematic risks by scrutinizing receivables and diversifying.
India's DRDO successfully flight-tested the indigenously developed Long Range Land Attack Cruise Missile (LRLACM) off the Odisha coast. The test met all objectives, validating critical technologies and enhancing India's long-range precision strike capability.
Russia's self-sufficiency in apples is currently 83%, with a goal to reach 100% by 2030, according to First Deputy Minister of Agriculture Elena Fastova at the St. Petersburg International Economic Forum. Apple harvest is projected to increase 4.5 times by 2030.
South Korea is enacting the Defense Semiconductor Act to achieve self-sufficiency and secure a stable supply chain for critical defense semiconductor components. The law, passed by the National Assembly and awaiting promulgation, includes provisions for reliability testing, certification systems, and preferential procurement of domestically developed defense semiconductors.
Chinese companies like Zelostech are shifting away from Nvidia chips due to cost and a push for tech self-sufficiency. This trend is seen across the automotive and AI sectors, with local firms developing their own semiconductors and optimizing models for homegrown hardware, impacting Nvidia's revenue in China.
Huawei introduces Tau Scaling Law, aiming to achieve 1.4nm chip tech by 2031, potentially reducing US export control leverage as China gains self-sufficiency in semiconductors.
Wilmar International chairman Kuok Khoon Hong advises India to target 50-60% self-sufficiency in edible oils due to high consumption and import reliance. Stable government policies are crucial for boosting local oilseed cultivation amidst rising global prices.
Russia and Belarus have demonstrated their defense capabilities and readiness to protect sovereignty through joint nuclear deterrence exercises, according to Valentina Matviyenko, Speaker of the Russian Federation Council. She stated that while both nations prefer peaceful negotiations, they are prepared to defend themselves against any attempts at dictation or domination.
Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China’s self-sufficiency push drove the country’s demand for home-grown computing power. Cambricon’s first-quarter revenue jumped 160 per cent from a year earlier to 2.89 billion yuan (US$423 million), while profit soared 185 per cent to 1 billion yuan, the company said in a filing on...
Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China’s self-sufficiency push drove the country’s demand for home-grown computing power. Cambricon’s first-quarter revenue jumped 160 per cent from a year earlier to 2.89 billion yuan (US$423 million), while profit soared 185 per cent to 1 billion yuan, the company said in a filing on...
Cambricon shares rose 18% to nearly 1,680 yuan on Thursday, outperforming rival Yuanjie Semiconductor Technology. The Beijing-based chip designer reported a 160% revenue jump to 2.89 billion yuan in Q1 2026, with profits soaring 185% to 1 billion yuan, driven by sustained AI computing power demand. The company overtook Kweichow Moutai in stock price last August.
Chinese optical chipmaker Yuanjie Semiconductor Technology reported an elevenfold surge in first-quarter profits as domestic firms capitalise on soaring demand for computing power amid the artificial intelligence boom and the country’s tech self-sufficiency drive. Net profit in the three months ended March 31 jumped 1,153 per cent year on year to 179 million yuan (US$26.2 million), while revenue grew 321 per cent to 355 million yuan, the Shanghai-listed company said in a stock-exchange filing on...
Moore Threads, a Beijing-based GPU maker challenging Nvidia, reported a Q1 2026 net profit of 29.4 million yuan versus a loss a year earlier, with revenue up 155% to 737.6 million yuan. Shares jumped 8.5% on Monday as the company benefits from Beijing's push for chip self-sufficiency. The firm disclosed a 660 million yuan order for its KUAE computing cluster at end-March.
Moore Threads Technology, a Chinese GPU challenger to Nvidia, reported a Q1 2026 net profit of 29.4 million yuan, reversing a year-earlier loss of 112.5 million yuan. Quarterly revenue surged 155% to 737.6 million yuan, driven by domestic computing demand amid Beijing's chip self-sufficiency push. The company disclosed a 660 million yuan order for its KUAE computing cluster at end-March.
