Markets

Dongshan Precision plans to acquire Taiwan’s Source Photonics for up to $850 million to expand its optical communications business. The deal, which aims to integrate Source Photonics’ vertically integrated operations and high-speed optical module capabilities, is pending approval from Taiwan’s Ministry of Economic Affairs. The Ministry has stated it has not yet received an application and will conduct a rigorous review, citing the need for an investment plan amendment.

Helium One Global has appointed Nishant Dighe as a Non-Executive Director, bringing over thirty years of energy sector experience from companies like ExxonMobil and Panoro Energy. Dighe’s expertise will support Helium One’s strategic growth in helium exploration, notably in Tanzania and the USA.

Japan will introduce a controversial “Children and Childcare Support Levy” in April 2026 to address its declining birthrate. Individuals, including the unmarried and childless, may contribute up to ¥1,650 monthly for childcare support. While the contribution is universal, benefits are targeted at families, drawing parallels to maternity benefit contributions and fueling public debate over perceived fairness.

Intel, under CEO Pat Gelsinger, is reportedly shifting its strategy away from in-house glass substrate development towards external sourcing. This move aims to accelerate product innovation and streamline operations by focusing resources on core product lines. The change signifies a more pragmatic approach, prioritizing faster adoption of mature solutions through partnerships over pioneering new technologies independently. This strategic pivot is part of broader reforms to optimize business operations and enhance the company’s competitiveness.

Han Jianqi, Vice President at Cheetah Mobile, announced his departure after seven years. In a heartfelt social media post, he expressed gratitude to colleagues and leadership, including Chairman and CEO Fu Sheng and Vice President Xiao Jie. Han looks forward to exploring new opportunities and building on past collaborations.

DMG Blockchain Solutions reported June 2025 operational results, detailing a decrease in Bitcoin mined and hashrate due to electrical outages and hydroelectric infrastructure issues. The company plans to use alternative manufacturers for new hydro operations and is developing a pilot system to reach 3 EH/s by year-end. DMG also announced a new Canadian data processing center agreement. Stock options and RSUs were granted to employees and directors.

HarmonyOS boasts a rapidly expanding ecosystem powered by over 780 partner SDKs across 21 domains. These SDKs are essential for developers, providing diverse functionalities and driving innovation in areas like security authentication, media, AI, and e-commerce. Recent showcases highlight the ecosystem’s vitality and collaborative spirit, enabling robust, secure, and intelligent applications for an “Internet of Everything” future.

Siemens has lifted export restrictions on its chip design software to mainland China, resuming full services after recent US government directives. This follows earlier notifications for EDA software providers to halt services. The move impacts the global EDA market, dominated by US firms, while China continues to develop its domestic solutions.

Xiaowang AI Screenshot’s 1.2.0 update enhances productivity with a streamlined interface, precision drawing tools (Shift-key support), optimized shortcuts (Cmd+Shift+X, Ctrl+C), and improved usability. It offers AI-powered text extraction, translation, screen recording, and annotation. The lightweight, ad-free tool is compatible with Windows and macOS, making it a versatile digital assistant for students, professionals, and creatives.

Xebra Brands terminated its acquisition of BSK Holdings Inc. but maintains a strong manufacturing and distribution partnership for its ELEMENTS™ CBD line in the U.S. The company is addressing delays in audited financial statements due to management transitions and liquidity issues, securing a C$110,000 loan to support operations and the audit. Xebra is a Canadian cannabis firm focused on wellness products, notably in Mexico and expanding across North America.