INTERVIEW: Tuya leverages its AI platform, skills to target global consumer market
The AIoT company is drawing on its relationships with thousands of internet-connected smart device makers to roll out its Hey Tuya AI Assistant For Life By Rene Vanguestaine LAS…
Galaxis hitches ride on Hong Kong robotics bandwagon
The intralogistics robotics specialist has filed for an IPO, adding its name to a growing list of robot concept stocks Key Takeaways: Galaxis Technology has filed for a Hong Kong…
Mineye navigates bumpy financial road littered with losses, stock volatility
The autonomous driving company has taken multiple new steps to support its shares, including share lockup period extensions, buybacks and increased purchases by some big investors Key Takeaways: Mineye has…
Meta cuts Manus free from China, as regional lender gets premium bailout
In a landmark validation for Chinese AI, Facebook parent Meta has agreed to buy general AI agent maker Manus. But why is Meta also quite vehement about cutting all of Manus' China ties, both in terms of investors and business activity? And regional Chinese lender Weihai Bank has just received a major cash infusion from its local government in Shandong province. Is this a worrisome sign for investors?
China’s chip consolidation accelerates with SMIC, Hua Hong buyouts
Two of the country’s leading fabs announced buyouts of government partners in their non-wholly owned subsidiaries last week Key Takeaways: SMIC and Hua Hong are consolidating ownership of their assets…
After carving out a place in the laser cutter market, xTool eyes Hong Kong IPO
The leading maker of laser cutters and engravers boasts Tencent and HongShan as two of its backers, as well as Morgan Stanley as one of its IPO underwriters Key Takeaways:…
Cheng-Tech motors into crowded self-driving field
The millimeter-wave radar maker, led by a former Huawei employee as its founder, has filed for a Hong Kong IPO Key Takeaways: Cheng-Tech has filed to list in Hong Kong,…