Tobias

ASML, the Dutch lithography leader, is facing growth challenges due to U.S. trade policies and escalating geopolitical uncertainties. CEO Christophe Fouquet warned the company may not meet its 2026 growth targets. Vulnerability to potential U.S. trade restrictions and rising prices have created a challenging market environment. Investor concerns triggered a significant drop in ASML shares. While Q2 2025 results show strong revenue and net profit, the future outlook remains uncertain.

China’s on-demand delivery market is experiencing intense competition as Meituan, Fliggy (Alibaba), and JD.com engage in a subsidy war. This weekend saw a surge in promotional offers, benefiting consumers seeking immediate delivery services. The players are vying for market share by attracting users with heavily discounted prices and incentives. The long-term impact of this subsidy battle on the on-demand delivery landscape remains to be seen.

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TikTok warns users about a surge in scams where fraudsters impersonate customer service representatives. These scammers trick users into downloading fake apps, like a bogus “TikTok Meetings” app, and then use screen-sharing to access bank accounts and steal funds. TikTok explicitly states there is no official “TikTok Meetings” app and advises skepticism toward unsolicited requests to download software or transfer money. They also caution against post-shopping festival delivery scams that lead to malware downloads. TikTok emphasizes they will never ask users to download third-party software or share screens.

During a visit to China, Nvidia CEO Jensen Huang praised Xiaomi’s hardware and technology, expressing a desire to own their car, while also acknowledging Huawei’s strong engineering and cloud capabilities. He highlighted China’s advancements in AI, particularly the breakthroughs by companies like DeepSeek and their open-source inference model. He also mentioned Apple’s AI capabilities and his preference for Pixel phones’ pure Android experience.

At ATC Intelligent Cockpit Week 2025, Koogeek Tech presented its AI agent platform ecosystem for the automotive sector, shifting from command execution to proactive need fulfillment. Their “1+N” agent platform redefines HMI, transforming the smart cockpit into a “third living space” that anticipates user needs via a Super Agent (“1”) and specialized agents (“N”). This platform, backed by extensive data, supports full-stack integration or selective feature additions, fostering an open ecosystem and enabling personalized and intuitive in-car experiences. Koogeek aims to enable automakers to create smarter, collaborative human-vehicle interactions.

Kimi’s K2 model launched with open-source architecture and disruptive pricing, claiming superior code generation to Claude Sonnet4. Dangbei AI, a Chinese AI platform, is among the first to integrate K2 into its “super AI toolbox,” complementing DeepSeek R1-0528 and Doubao Large Model 1.6. K2’s strengths include its accessible architecture and low cost (4 yuan per million tokens). Dangbei AI’s integration strategy focuses on comprehensive scenario coverage with seamless model switching and end-to-end solutions, alongside features like no-login access and incognito mode.

At the China International Supply Chain Expo, Qualcomm showcased 40 years of innovation, highlighting advancements in 5G-A, on-device AI, and collaborations across various sectors. Demonstrations featured Snapdragon-powered devices, including smartphones, PCs, and XR headsets, emphasizing generative AI applications. The company also displayed automotive solutions and IoT applications using the Qualcomm QET1100 platform. Qualcomm reaffirmed its commitment to working with Chinese partners to drive digital transformation and intelligent connectivity across industries.

NVIDIA CEO Jensen Huang addressed the China International Supply Chain Expo in Mandarin, marking his first public speech in the language. He discussed NVIDIA’s history, its pivotal role in AI development through GPUs and accelerated computing, and its partnerships with Chinese companies. Huang highlighted the transformative impact of AI, particularly in China, across various industries and its contribution to open-source models. He emphasized AI’s role as future infrastructure, driving a new industrial revolution and growth opportunities for China’s supply chain. He also switched from a Tang suit to his signature leather jacket during the event.

JD.com’s food delivery service has replaced its “20-Minute Late, Free Order” guarantee with a ¥4 coupon for delays exceeding 20 minutes. JD.com cites improved on-time delivery performance as the reason for the change and has also lowered the compensation threshold with a new “On-Time Guarantee,” offering compensation for delays beyond 10 minutes. A full-visibility map for order tracking has been integrated. Consumer reactions are understanding, with some showing concerns about delivery riders’ well-being.