Xin Guobin, Vice Minister of the Ministry of industry and information technology, investigated the development of Intelligent Manufacturing in Beijing

Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges

Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”

Cambridge Industries Group Plans Optical Module Capacity Expansion Across Four Countries

Cambridge Industries Group（剑桥科技）, or CIG, reaffirmed plans to add at least 10 million units of annual high-speed optical module capacity by the end of 2027. The expanded capacity will be allocated across production sites in China, Malaysia, Mexico and the United States.

Vital Optics Unit Signs InP Substrate Supply Letter of Intent with Coherent

Vital Optics（光智科技）said on November 6 that its controlling subsidiary Guangdong Xianrui Technology（广东先锐科技）had signed a long-term supply letter of intent with Coherent Corp.（高意）. The proposed supply of six-inch indium phosphide substrates from 2027 to 2029 has an estimated transaction value of no less than USD 601 million.

ByteDance Considers Second Phase of Brazil Data Centre Project

ByteDance（字节跳动）is seeking a developer for a potential second phase of its data centre project at the Port of Pecém in Brazil’s Ceará state, Bloomberg reported on November 6, citing people familiar with the plans. The proposed expansion remains under discussion.

Himalaya Turns to Hong Kong for IPO

On September 14, after withdrawing the IPO application on US SEC, China's online audio platform Himalaya submitted an IPO prospectus to the Hong Kong Stock Exchange. The underwriters are Goldman Sachs, Morgan Stanley and CICC.