Amkor weighs a $1bn-plus stake sale in its China chip unit
Amkor weighs a $1bn-plus stake sale in its China chip unit

Amkor Technology, one of the world’s largest outsourced chip assembly and testing firms, is weighing a sale of a stake in its China operations, a deal that could value the unit at between $1bn and $1.5bn, according to Bloomberg. The Arizona-based compa…

Shein’s IPO is being pitched at under $30 billion. Four years ago it was worth $100 billion.
Shein’s IPO is being pitched at under $30 billion. Four years ago it was worth $100 billion.

Shein’s advisers are pitching the fast-fashion giant to investors at a valuation below $30 billion for its Hong Kong IPO, a roughly 70% drop from the $100 billion-plus valuation it hit in a 2022 private fundraising. Internally, Shein set a target of $3…

The FCC wants to ban DJI drones it already approved. LiDAR and thermal cameras are now “military-grade.”
The FCC wants to ban DJI drones it already approved. LiDAR and thermal cameras are now “military-grade.”

The FCC is considering banning DJI drones that it already approved for sale in the United States. The proposal would expand the agency’s existing drone restrictions to target specific capabilities: LiDAR sensing, thermal imaging, aerosol-dispersing sys…

Survey Sunday: this is how Chinese EVs will make it to America
Survey Sunday: this is how Chinese EVs will make it to America

For the last few weeks, we’ve been running a sidebar survey how (or if) Electrek readers think the first Chinese electric cars will make it onto US roads. After receiving more than 3,000 responses, here’s what you told us.

Pony.ai to put 100,000 autonomous electric trucks on the road by 2030 [video]
Pony.ai to put 100,000 autonomous electric trucks on the road by 2030 [video]

Chinese autonomy experts Pony.ai are planning to put 1,000 autonomous electric commercial trucks to work by 2027, but it’s the company’s plans to put 100,000 self-driving trucks on the road by 2030 that’s making headlines.

Volkswagen’s new electric era begins with reveal of ID. ERA 5X SUV
Volkswagen’s new electric era begins with reveal of ID. ERA 5X SUV

Revealed in a new filing from China’s Ministry of Industry and Information Technology (MIIT), the new VW ID. ERA 5X electric SUV is the first pure BEV on the brand’s new Compact Main Platform (CMP) platform.

China just closed a gap in chipmaking that nobody talks about. The wafer size tells you how far it has to go.
China just closed a gap in chipmaking that nobody talks about. The wafer size tells you how far it has to go.

Hwatsing Technology, China’s leading producer of chemical mechanical polishing equipment, announced a metrology system for six-inch wafers on Thursday that can be built directly into the polishing workflow. The company describes it as China’s first six…

American models broke into Hugging Face. A Chinese model was used to investigate.
American models broke into Hugging Face. A Chinese model was used to investigate.

Hugging Face chief executive Clément Delangue told CNBC that China is winning the AI race, with Chinese-developed models accounting for 41% of downloads on his platform over the past year, the largest share of any single country. China has now surpasse…

China’s new AI bottleneck isn’t chips. It’s running out of Chinese-language training data.
China’s new AI bottleneck isn’t chips. It’s running out of Chinese-language training data.

China’s AI race has a new constraint, and it is not chips. The country is running out of high-quality Chinese-language training data. While US export controls on advanced semiconductors have dominated the debate over China’s AI capabilities, Chinese ex…

DeepSeek made AI cheap. Now it is raising $8bn and buying robots
DeepSeek made AI cheap. Now it is raising $8bn and buying robots

DeepSeek spent early 2025 proving that a good AI model did not have to cost a fortune. This week it has been busy proving it can spend one. In a handful of days, the Chinese lab reopened a multi-billion-dollar fundraising. It took a stake in the countr…