Why China’s memory chip champion CXMT said no to Apple
But today, CXMT is refusing to make even a price concession. The reason is not arrogance. The rules of the game have changed.
Month: August 2026
Read More
Today’s Yangtze funding roundup: robot parts, optics, edge AI…
New funding rounds spanned humanoid robot supply chains, AI-powered laboratories, autonomous vehicles and edge intelligence platforms.
Hangzhou opens first cross-river drone delivery route
The city has built 14 public drone takeoff and landing hubs, more than 600 terminal landing points and nearly 350 operational routes.
‘Nickel King’ Tsingshan buys $570 million Shanghai site for HQ tower
The Shanghai headquarters project represents Tsingshan’s latest effort to strengthen its presence in one of the world’s key trade and financial centers.
Jiaxing sets its sights on $74 billion chemicals, new materials cluster by 2030
In 2025, the sector’s output value among large-scale industrial companies reached 379.5 billion yuan, ranking second in Zhejiang province.
Zhejiang introduces ‘white list’ to steer investment into emerging sectors
The new framework aims to clarify which industries deserve priority attention and which require more cautious evaluation.
Shanghai launches $740M fund as bank, industrial capital join forces
The fund’s launch comes as Shanghai moves to implement its industrial strategy for the 15th Five-Year Plan period (2026-2030).
Today’s Yangtze funding roundup: Space, fusion, biotech, solar, robotics…
Deep-tech startups in space, fusion, biotech and solar secured fresh funding as investors backed next-generation technologies.
Leapmotor joins robot race with new $31 million manufacturing entity
More than 20 automakers worldwide have announced plans to develop humanoid robots, including BYD, Xpeng, GAC Group, Chery, Tesla and Hyundai.
MiniMax opens H3 to challenge closed AI video with multimodal push
By open-sourcing H3, MiniMax is betting that the model can become infrastructure for developers and applications rather than just a standalone product.