A Week In, DingTalk’s New CEO Announces Major Org Changes
As of June 18, we’ve got the latest from DingTalk. Just seven days after stepping into the CEO seat, post-90s tech geek Chen Yusen sent out his very first all-hands memo detailing a sweeping organizational overhaul. You’ll notice he signed off simply as “Yusen, CEO of the Wukong Business Unit.”
So, what’s actually changing? First up, a new Core Platform Business Department is taking the reins on DingTalk and other flagship products, led by Zhu Hong directly reporting to Chen. Next, the Wukong and MuleRun squads are merging into one powerhouse Wukong team under Shu Junliang, also answering to Chen. On the sales front, direct sales, telesales, service providers, pre-sales, delivery, and customer success teams are being rolled together into a unified Customer Development Dept headed by Yang Meng. Finally, a brand-new Marketing Department is coming online, spearheaded by Li Xinyu.
Bonus move: an internal Corporate IT Department is also getting set up to optimize and iterate across all business systems, specifically designed to make everything seamless for AI Agents to interact with. Deng Wu will lead this initiative, keeping a direct line to Chen.
Skyrocketing Storage Prices: One SanDisk Drive Now Costs More Than Three PS5 Pros
Cutting to the hardware aisle, SanDisk dropped a bombshell on June 17 by listing their Optimus GX PRO 850P SSD online. This beast is officially licensed by Sony specifically for expanding PS5 and PS5 Pro storage capacity. We’re talking an 8TB flagship model that lists for $3,699.99, and even after discounts, it still sits at a staggering $2,959.99—that’s roughly 20k RMB right there.
For some perspective, a base-model 2TB PS5 Pro only runs you $899 in the US market. That means a single SanDisk drive could buy you three entire consoles outright, leaving you with enough cash left over to cover full gaming accessory kits. When peripheral costs start dipping below storage module prices, it perfectly captures just how brutal the current memory chip shortage has become.
Tim Cook Breaks Silence: Apple Prepares for Price Hikes Amid Chip Shortages
Linking back to those supply chain headaches, Apple CEO Tim Cook laid out the reality on June 18. He confirmed the company plans to bump product prices to tackle the soaring costs of memory and storage chips. “Unfortunately, passing along higher costs is unavoidable,” Cook noted. “We’re doing everything in our power to cushion the blow for customers, but trying to absorb these massive jumps indefinitely just isn’t sustainable anymore.”
Dreame Doubles Down: Strategic Pivot Back to Core Business Sets Stage for Global Push
Switching gears to consumer hardware, NUPIAO caught wind of some major moves from Dreame Tech. The company is steering back toward its roots, laser-focusing on four main lanes: smart cleaning, whole-home appliances, smart mobility, and embodied AI. Everything else is getting restructured, merged, or phased out. Basically, their proven smart cleaning lineup gets heavier resource injection. Previously hyped ventures like cars and phones will be shelved as dedicated research institutes to bank technical know-how, while other trailing units face either a hard pivot or integration into core departments.
The good news? The core business foundation remains rock solid. Expectation is that this streamlined approach will supercharge their global expansion and push Dreame firmly into mainstream international markets.
And the numbers back it up: Dreame’s official data shows their core revenue jumped 80% year-over-year between January and May 2026.
Cambricon Hits Record High, Clams Down Rumors of Massive Internet Vendor Shipments
Market action picked up steam too. Cambricon’s stock surged over 16% during trading on June 18, smashing through previous records and pushing its midday valuation past 965 billion yuan. Traders are buzzing about recent whispers of domestic internet giants scooping up local computing power. Sources claim ByteDance is eyeing at least 50,000 AI chips from Tianxing Zhixin—primarily for inference tasks—with Huawei and Cambricon already on their vendor list. But here’s where things get spicy: a circulated internal meeting transcript supposedly claimed Cambricon is shipping models 580 and 690 to ByteDance, targeting 120k–160k units of the 580 in Q2, with the 690 rolling out later this year. When asked about the leak, a Cambricon investor relations rep quickly stepped in to clarify that it’s just online rumor-mongering (“small essays”). They reminded investors to stick to official channels, noting no such closed-door sessions have actually taken place recently.
Beijing Humanoid Robotics Teams Up With China Post for Nation’s First Robotic-Themed Mailbox Hub
In a fun crossover, the Beijing Humanoid Robot Innovation Center and China Post’s Beijing branch struck a deal on June 18. They’re teaming up to roll out the country’s very first robot-themed post office. Part of the pact includes launching a joint “Embodied Intelligence & Smart Postal Innovation Lab” to run targeted tests on complex environment navigation and odd-shaped parcel sorting, with ready-to-deploy solutions slated for postal outlets and warehouses nationwide. Leveraging platforms like the Embodied Tiangong robot, they’ll roll out automated warehousing, smart sorting, last-mile autonomous delivery, and medical cold-chain logistics, customizing robot deployments for each use case. Plus, they’re co-launching a special commemorative stamp series dedicated to AI.
YMTC Dumps 39% Stake in Wuhan XMC, Shifting Control Dynamics
On the semiconductor corporate front, Chongqing’s Market Regulation Bureau posted details on a major stake transfer. Wuhan Optics Valley Semiconductor Industrial Investment Co., Ltd., alongside partners Guangxin Qihang and YMTC Holdings, finalized an agreement with Wuhan Xinmian Integrated Circuit Co., Ltd. (XMC). Under the deal, Optics Valley Semi plans to buy out a 39% chunk from YMTC Holdings. Before the swap, YMTC held over 68% and called the shots. Afterward, Optics Valley Semi (plus aligned actors) steps in as the primary controller, holding roughly 47.88%.
Keep in mind, XMC actually pulled its own STAR Market IPO filing back in mid-May, effectively pausing its public listing bid.
JD MALL Kicks Off in Hong Kong’s Wan Chai, Smashes 10,000 Visitors in Hour One
Wrapping up the daily roundup, JD MALL made a massive splash in Hong Kong on June 18. The Wan Chai location threw open its doors and clocked over 10,000 visitors within the first hour alone. Spanning a whopping 30,000 square feet, the store marks the offline retail debut for several international brands. So far, JD has pumped over 35 billion HKD into scaling its Hong Kong footprint. Looking ahead, expect rapid expansion—they’re gunning to drop 6 to 8 additional malls across the territory within the next three years.
