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Washington has warned companies worldwide that using Huawei’s Ascend chips could violate export controls, citing US technology in their production. Th…

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Washington has warned companies worldwide that using <a href="/company/huawei">Huawei’s</a> Ascend chips could violate export controls, citing US technology in their production. The move adds pressure as Huawei chips challenge <a href="/company/nvidia">Nvidia’s</a> dominance in China.

<a href="/company/dji">DJI</a> has launched the FlyCart 100, a new delivery drone with payloads up to 80 kilograms, faster charging, and enhanced safety systems including LiDAR and parachute deployment. The FC100 also features modular winch options, improved terrain sensing, and app-based delivery tools to support advanced low-altitude operations.

US President Donald Trump said a buyer has been identified for <a href="/company/tiktok">TikTok’s</a> US operations but did not share details, citing a two-week wait and possible need for Chinese approval. The sale, mandated under a US law citing national security concerns, has faced delays amid broader trade tensions. A previous deal involving Oracle and Blackstone reportedly stalled earlier this year.

<a href="/company/nvidia">Nvidia</a> has hired Chinese <a href="/industry/ai">AI</a> researchers Zhu Banghua and Jiao Jiantao, co-founders of Nexusflow AI, to work on post-training, evaluation, and agentic systems. The move highlights rising demand for Chinese talent in US AI labs, as firms like Google and Meta also step up recruitment of Chinese researchers in advanced AI fields.

<a href="/company/shein">Shein</a> plans to submit a draft prospectus confidentially for a Hong Kong IPO, according to sources, marking a rare waiver of the city’s disclosure rules. If approved, it would be the fast fashion firm’s third attempt to go public after stalled bids in the US and UK due to regulatory setbacks.

Germany’s data protection office has alleged that <a href="/company/deepseek">DeepSeek</a> illegally transfers user data to China and has asked Apple and Google to review the app’s status in their stores. The move could lead to a broader EU ban if other regulators follow suit. DeepSeek, which launched a low-cost <a href="/industry/ai">AI</a> model earlier this year, is facing growing scrutiny over its data handling in Europe.

Anker Innovations has signed a deal with ATL to source 45 million lithium-ion batteries after recalling over one million power banks linked to overheating risks. The move marks a supply chain shift aimed at restoring product safety and consumer trust. ATL, a major supplier to Apple and Samsung, replaces a former vendor that Anker has since cut ties with following the recall.

China’s Big Fund III is shifting its focus to key <a href="/industry/semiconductors">semiconductor</a> chokepoints, including lithography and chip design software, in response to tightening US export controls. Backed by the Ministry of Finance and state-owned banks, the RMB 344 billion fund will prioritize longer-term investments after earlier rounds delivered limited breakthroughs. Initial deals are expected in the coming months.

China Medical System (CMS) has filed for a secondary listing on the SGX via introduction, with no new share issuance planned. Pending exchange approval, the move aims to attract Southeast Asian capital and support the group’s regional expansion. CMS has secured regulatory clearance from the CSRC and runs its Southeast Asia and Middle East operations from Singapore.

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Singapore will begin deploying autonomous vehicles in public housing estates by the end of 2025, starting with Punggol and expanding to Tengah. Acting transport minister Jeffrey Siow announced the move during a visit to WeRide’s Guangzhou headquarters, part of a partnership to integrate driverless vehicles into the national transport network and address labor shortages with self-driving solutions.

Indonesia has broken ground on a USD 5.9 billion EV battery project backed by <a href="/company/catl">CATL</a>, Huayou Cobalt, and state-owned Antam. Spanning Halmahera and West Java, the project focuses on nickel processing and battery cell production. NGOs including Greenpeace and CRI have warned of environmental risks near the Weda Bay industrial site.

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

With massive demand and long lead times, Xiaomi is turning up the pressure on rivals in pricing, production, and positioning.

Xiaomi’s YU7 preorder frenzy signals a new phase in China’s EV race

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DJI sets industry standards in drone technology, offering aerial imaging, filming solutions, and advanced flight controls for professionals and hobbyists.

What hovers over new frontiers? Explore drone logistics, aerial data collection, and surveillance tools shaping multiple industries.

Drones

With greater payload capacity, enhanced safety systems, and redesigned winches, the FC100 is built for jobs that demand more.

Meet the FlyCart 100: DJI’s new drone built for rugged missions

Anta, a Chinese sportswear brand, specializes in performance-driven design, equipping athletes and consumers with innovative sports apparel and footwear.

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Under new leadership and a revamped retail approach, Maia Active is narrowing its focus, trimming SKUs, and aiming to become China’s Lululemon alternative.

US warns firms on Huawei AI chip use

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US warns firms on Huawei AI chip use

Xiaomi’s YU7 preorder frenzy signals a new phase in China’s EV race

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Meet the FlyCart 100: DJI’s new drone built for rugged missions