Markets
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FPSO ONE GUYANA: Production and On-Hire Status
SBM Offshore’s FPSO ONE GUYANA commenced production on August 8, 2025, marking its fourth and largest FPSO in Guyana. Built using the Fast4Ward® program, it boasts a 250,000 bopd capacity, 450 MMcf/d gas treatment, and 300,000 bpd water injection. With a 2 million barrel storage, it operates at 1,800m depth within the ExxonMobil-operated Stabroek block. This is SBM’s third major 2025 deployment, following FPSOs Almirante Tamandaré and Alexandre de Gusmão, boosting total capacity by 655,000 bopd.
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Is ChatGPT-5 Impressive Enough? Latest Hands-On Review.
GPT-5, OpenAI’s latest AI model, launched on August 8th, is generating significant attention. CEO Sam Altman compared its predecessors to students: GPT-3 as a bright but uneven high schooler, and GPT-4 as a college student. The specifics of GPT-5’s enhanced capabilities remain to be fully explored.
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PulteGroup Awarded 2025 Great Place To Work Certification™
PulteGroup (PHM) has been certified as a “Great Place to Work” for the seventh consecutive year. This recognition, awarded by Great Place To Work®, is based on employee feedback, with 93% reporting a positive work experience, significantly higher than the U.S. average. PulteGroup emphasizes a people-first culture, investing in employee growth and community programs, contributing to high employee satisfaction and retention. Great Place To Work® is a global authority on workplace culture and employee experience.
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SMIC Responds to Wafer Price Hike Rumors: No Proactive Increases
SMIC’s Q2 revenue reached $2.209 billion, a 16.2% YoY increase despite a slight QoQ dip. Net profit fell 19% YoY to $132.5 million, but capacity utilization rose to 92.5%. The average selling price (ASP) increase was attributed to high capacity utilization, not proactive price hikes. SMIC maintains a consistent stance against initiating price wars and will consider following competitors’ price increases if they occur. SMIC’s ASP remains significantly lower than TSMC’s due to its focus on less advanced nodes.
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Myseum, Inc. Rebrands from DatChat, Focusing on Social Group Media and Content Preservation
DatChat is rebranding to
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Chinese Foundries Signal Full Production Capacity
Leading Chinese foundries SMIC and Hua Hong Semiconductor reported strong Q2 earnings with double-digit revenue growth. SMIC’s revenue reached $2.209 billion, a 16.2% YoY increase, with a capacity utilization rate of 92.5%. Hua Hong’s revenue was $5.661 billion, up 18.3% YoY, achieving a 108.3% capacity utilization rate. Both companies project continued revenue growth for Q3. No price increases were noted by SMIC in Q2, attributing higher ASP to near full capacity operation.
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Haier and STARTER Unveil “Cyber Butler”: The Smartest Robot Appliance Handler!
Haier and Xingdong Era have launched “HIVA,” a household robot or “cyber butler.” Standing 165cm tall and boasting 44 degrees of freedom, HIVA navigates homes via 3D LiDAR and operates appliances with its five-fingered XHAND-Lite. It performs tasks like cleaning, laundry (washing, ironing, folding), and even cooking. This collaboration between Haier’s smart home ecosystem and Xingdong Era’s embodied intelligence aims to revolutionize home service robots, making them as commonplace as household appliances.
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H World Group to Announce Second Quarter and Interim 2025 Earnings on August 20, 2025
H World Group (HTHT) will release its Q2 and interim 2025 financial results on August 20, 2025, after Hong Kong market hours. A conference call will be held the same day at 8:00 AM U.S. Eastern time (8:00 PM Hong Kong time). Participants must pre-register. A live webcast and a replay will be available on the company’s investor relations website for twelve months. H World boasts 11,685 hotels and a diverse brand portfolio.
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Samsung Galaxy Z Fold7: Unfolding a Smarter Future for Foldable Phones
The Samsung Galaxy Z Fold7 redefines the foldable smartphone with its ultra-slim design and enhanced AI capabilities. Thinner and lighter than previous models, it boasts larger cover and main displays for improved multitasking. AI integration, informed by user data, streamlines interactions with features like Smart Drag and Drop and Real-time Window. Live Briefing provides personalized notifications, ensuring users stay informed without constant unfolding. The Z Fold7 represents a fusion of sleek design and intelligent technology.
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From Shepherd to Folk Artist: Cheng Shizhong Revitalizes Northwest China’s “Hua’er” Ballads on Kuaishou
In Xining, Cheng Shizhong is revitalizing Northwest China’s “Hua’er” folk music. He innovates performances, drawing large crowds and seeking new talent through the “Village Stage” initiative. As a Kuaishou influencer, he breaks barriers and spreads the musical heritage online. Cheng’s efforts, from outdoor live streams to talent searches, are aimed at preserving and promoting “Hua’er,” engaging youth & wider audiences, ensuring its future through community participation, talent discovery, and digital platforms.