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Home -News -Latest News -ByteDance's Zhang Yiming Tops New Fortune Rich List with ¥481.57 Billion

ByteDance's Zhang Yiming Tops New Fortune Rich List with ¥481.57 Billion

Release date:2025-06-25Author source:KinghelmViews:49

International Tech News:

1. Continental Group has established a semiconductor division and partnered with GlobalFoundries to design its own automotive chips.

2. Startup Snowcap Compute has raised $23 million in funding and announced that former Intel CEO Pat Gelsinger has joined its board of directors.

3. According to reports, Samsung Foundry has postponed the construction of its planned 1.4nm test line originally scheduled for this year, reallocating manpower and investment to focus on the mass production of its 2nm process by the end of 2024.

4. Hanmi Semiconductor has begun supplying thermocompression bonding machines to Chinese semiconductor companies.

5. Chip manufacturer Wolfspeed announced plans to complete judicial restructuring and resume normal operations by Q3 2025. The company has secured $270 million in new financing.

6. TDK Corporation announced the acquisition of power supply-related assets from QE1 Corporation.

 

Domestic Tech News:

1. Canaan Inc. will discontinue its non-core AI semiconductor business to focus on its core crypto-related operations, including Bitcoin miner sales, self-mining, and consumer mining products.

2. The 2025 World Manufacturing Convention is scheduled to be held in Anhui, China, from September 20 to 23.

3. Students from Tsinghua University, Shenzhen College of International Education, and others conducted a research visit to the SLKOR (www.slkormicro.com) flagship store in Huaqiangbei.

4. New Fortune magazine has released its "Wealth Creators List." The top 500 entrepreneur families have a combined market value of RMB 13.7 trillion. Zhang Yiming of ByteDance tops the list with a stock value of RMB 481.57 billion, while Liang Wenfeng of DeepSeek ranks among the top ten.

5. Shenguang Valley Technology has launched a glass-based dual four-core 3D waveguide chip, designed for 800G/1.6T multi-core optical modules and CPO optical engines in data centers.

6. Panlian Xinan has opened its entire suite of independently developed EDA tools for free trial, including five tools covering multi-FPGA prototyping systems and more.

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