International News:

1. According to a report by The New York Times, Russia continues to use a large number of chips from U.S. companies such as AMD, Texas Instruments, Micron, and Intel in its missile systems.

2. According to Verified Market Research's forecast, the global GPU chip market is expected to reach $109.1 billion by 2025 and is projected to grow to $477.4 billion by 2030.

3. In Q2 2024, global silicon wafer shipments increased by 7.1% quarter-on-quarter to 3,035 million square inches (MSI). However, compared to the same period last year, shipments decreased by 8.9% from 3,331 million square inches.

4. NVIDIA has announced a series of significant software updates aimed at making it easier for more types of businesses to use and deploy generative AI.

5. Kinghelm Electronics (www.kinghelm.com.cn) and Slkor Semiconductor have registered to participate in the 2025 Munich Shanghai Electronics Exhibition. They welcome friends from all walks of life and old and new customers to come for exchange and guidance!

6. South Korea's GigaLam Corporation signed a cooperation agreement with Wuxi City to establish its Chinese headquarters project in Wuxi High-tech Zone, where it will build a semiconductor etching equipment R&D and manufacturing base.

China News:

1. The 2024 Fortune China 500 list was released, with these enterprises achieving a total revenue of $14.6 trillion and a net profit of $706.4 billion in 2023.

2. The 25th China International Optoelectronic Expo (CIOE) will be held from September 11-13, 2024, at the Shenzhen International Convention and Exhibition Center.

3. China has announced optimized adjustments to export control measures for drones, aiming to further regulate international trade in unmanned aerial vehicles to safeguard national security and interests. The new measures will officially take effect on September 1.

4. Suzhou has produced another super unicorn - InnoStar, valued at over $23.5 billion (Series E financing). Founder Luo Weiwei's key entrepreneurship focus is on third-generation semiconductors.

5. East China Heavy Machinery reviewed and passed the proposal regarding the acquisition of Xiamen Ruixin TuXin Technology Co., Ltd.'s equity and capital increase, intending to enter the GPU chip field.

6. Ideal Automotive released the 30th-week (July 22 to July 28) automobile brand sales list, with sales reaching 12,800 units, marking the 14th consecutive week as the top-selling new energy vehicle brand in the Chinese market.