Industry Semiconductors AI & Digital26 JUN 2026

JCET to invest 7.8 billion yuan in new Shanghai chip packaging plant

One of China's largest chip packaging firms is committing 7.8 billion yuan (US$1.15 billion) to a new facility in Shanghai's Lin-gang Special Area. The project targets advanced packaging capacity at a moment when domestic AI hardware demand is outpacing available supply.

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Industry AI & Digital26 June 2026

DeepSeek announces hiring spree across 33 roles as it pursues AGI

DeepSeek has launched a major recruitment drive targeting at least 33 open positions across 7 hiring categories, with a stated goal of doubling the size of every department. The company is explicitly linking the expansion to its pursuit of artificial general intelligence.

Industry Mobility & EV26 June 2026

Li Auto equips new L8 model with self-developed battery, deepening break from CATL

Li Auto launched the all-new L8 extended-range hybrid on June 23 equipped with a self-developed, ultra-fast charging battery. The cells are designed in-house but manufactured by partner Sunwoda, with a joint venture between the two companies targeting mass production in 2026.

Industry AI & Digital26 June 2026

Keling AI raises at $15 billion valuation as rivals close in

Kuaishou's AI video unit is raising over $2 billion from potential lead investors including Tencent, Alibaba, and Sequoia — competitors who also build rival products.