International Tech News:

1. SanDisk has canceled its plan to build a factory in Monticello, abandoning a $55 billion semiconductor manufacturing project.

2. Japanese chipmaker Kioxia has issued $2.2 billion in bonds, becoming the latest Japanese company to tap into overseas credit markets.

3. Automaker Stellantis has halted its hydrogen fuel cell project and the production of hydrogen-powered vehicles.

4. Coreweave will invest $6 billion to build an artificial intelligence data center in Pennsylvania.

5. SK keyfoundry and LB Semicon have successfully co-developed and completed reliability testing of the Direct RDL (Redistribution Layer) packaging technology based on 8-inch wafers.

6. Oracle will invest $3 billion over the next five years in Germany and the Netherlands to strengthen its AI and cloud infrastructure in the European market.

Domestic Tech News:

1. The fully localized “Pinyuan AI All-in-One” series (PYD10-MIN/PRO/MAX) was launched in Shenzhen, featuring China’s first mass-produced high-computing-power AI chip.

2. All BYD models now support smartphone-car connectivity, fully compatible with OPPO, vivo, Xiaomi, Honor, realme, OnePlus, and iQOO brands.

3. Kinghelm Electronics (www.kinghelm.com.cn) has updated the font for its slogan “Kinghelm Connects World,” which will be fully applied on its newly upgraded website.

4. Geely and Zeekr officially announced their merger, with Geely set to acquire the Zeekr shares it does not already own.

5. According to CCTV News, the world’s first international standard for silicon-based anode materials for lithium-ion batteries, led by China, has been officially released.

6. Chinese power semiconductor manufacturers China Resources Microelectronics, Silan Microelectronics, BYD, and CRRC have entered the 2024 global TOP 20 list.

Disclaimer: The information presented above was compiled from publically available web sources and does not necessarily reflect our company's beliefs or positions. If you believe any of the content infringes on your rights or you have any issues, please contact us and we will respond swiftly.