International Tech News:

1. Global memory leader Samsung plans to exit the MLC NAND Flash market and has notified clients that it will only accept orders until June.

2. Tesla’s April sales in Europe dropped by 49% year-on-year, despite a 27.8% increase in overall battery electric vehicle (BEV) sales.

3. China’s Foton Motor plans to establish a joint venture with EVE Energy, with a registered capital of RMB 500 million.

4. Baolong Technology has secured a TPMS project from a European luxury car brand, with an expected project lifecycle of 10 years and a total value of RMB 282 million. Mass production is planned to begin in 2028.

5. Kinghelm (www.kinghelm.net) and Slkor have announced their 2025 Dragon Boat Festival holiday, scheduled from Saturday, May 31, 2025, to Monday, June 2, 2025. Office will resume on Tuesday, June 3, 2025.

6. Samsung Electronics plans to introduce glass interposers into advanced semiconductor packaging by 2028, replacing traditional silicon interposers with glass-based ones.

Domestic Tech News:

1. Shenzhen Basic Semiconductor Co., Ltd., a leading Chinese SiC chip company, has launched its journey toward an IPO in Hong Kong, aiming to become China’s first listed SiC chip company.

2. Zhejiang Hanxin Xin Hao Semiconductor Co., Ltd.'s SiC packaging and testing project in Lishui has topped out. The total investment is expected to reach RMB 1.2 billion.

3. The second phase of Nantong Unimicron’s FCBGA substrate manufacturing project is nearing completion, with a total investment of RMB 2.15 billion.

4. Shenzhen BRIGHTCHIP Microelectronics Co., Ltd. has relocated its headquarters from Shenzhen’s Nanshan District to Tangjiawan Town, Zhuhai, and has significantly reduced its registered capital from RMB 8 billion to just over RMB 200 million.

5. IRay Technology is planning to increase capital for its wholly-owned subsidiary IRay Hefei by RMB 600 million, and invest up to RMB 1.8 billion in a silicon-based OLED microdisplay backplane production project.

6. Chinese industrial software leader CEMITECH has launched its "AI Intelligent Manufacturing" ecosystem, focusing on four core areas: AI Agent Knowledge Base, AI Detection & Recognition, AI Efficiency Management, and AI Yield Management—aiming to reshape the manufacturing landscape with cutting-edge AI technology.

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