Domestic AI Compute Chips See Orders Explode
According to CCTV Finance, as of June this year, China’s daily token call volume has exceeded 500 trillion. Chinese large language models are now firmly in the global first tier, with token call volumes growing at a rapid clip. The intense competition in LLMs and the real-world deployment of AI applications are directly fueling a surge in compute demand. Right now, global intelligent computing resources are already getting tight, and multiple regions across China are speeding up the construction of domestic token factories and intelligent computing complexes, pushing the domestic AI chip supply chain from “product validation” to “batch delivery.”
In Guangzhou’s Huangpu Comprehensive Bonded Zone, a major intelligent computing complex with a total investment of 950 million yuan was recently approved. Once completed, it will serve AI companies in areas like text-to-video generation and code writing, while also helping drive Chinese token technology overseas.
Liu Miao, founder of Guangzhou Turing New Intelligent Computing, noted that demand could be more than ten times the current supply, and this year, companies are firmly pivoting toward domestic ecosystems and systems.
Zhang Chen, deputy general manager of the market development division at China Power Engineering Consulting Group, added that domestic chips are already seeing order backlogs that could stretch a full year out.
iPhone 17 Becomes World’s Best-Selling Smartphone in Q2
According to the latest report from Counterpoint Research, Apple’s iPhone 17 became the world’s best-selling smartphone in Q2 2026, capturing 6% of global smartphone sales. Apple and Samsung each placed five models in the top ten, together accounting for 26% of global smartphone sales, up 2% year-over-year. Despite the overall market declining 11%, brands have shifted focus toward premium and flagship models amid a global RAM shortage, keeping the top ten’s sales contribution remarkably strong.
Unitree Robotics: Pledges Annual Unrestricted Sponsorships for “Young Geniuses”
On August 27, Unitree Robotics announced on its official WeChat account that it will sponsor a number of “young geniuses” every year at no cost. According to the application criteria, applicants must be between high school and before completing a master’s degree. There are absolutely no restrictions on project topics — chip manufacturing, AGI, micro-robotics, controlled nuclear fusion, limb regeneration, superconducting materials, or any other cutting-edge field — all are welcome. Funding of 10,000 to 20,000 yuan will be provided in stages as non-repayable sponsorship based on the quality of the project proposal and execution, with no upper limit for exceptional candidates.
Samsung Electronics, SK Hynix Partner with Qualcomm to Commercialize HBC Technology
On August 26, Qualcomm executive Durga Malladi said at Deutsche Bank’s 2026 Technology Conference that Samsung Electronics and SK Hynix are actively collaborating with Qualcomm to push the commercialization of High Bandwidth Computing (HBC) technology, while continuing their respective HBM (High Bandwidth Memory) development roadmaps.
Qualcomm plans to commercialize and ship its first-generation HBC products in 2027, with the debut lineup powering the AI250 accelerator. The second-generation HBC is slated for the AI300, expected in 2028. Qualcomm handles compute chip design and system integration, while Samsung Electronics and SK Hynix are responsible for DRAM stacking, with plans to work with TSMC on integration and packaging.
Bilibili Q2 Net Profit Hits 339 Million Yuan, Up 55% Year-Over-Year
On August 27, Bilibili reported second-quarter 2026 net revenue of 7.940 billion yuan, up 8% year-over-year, with net profit reaching 339 million yuan, a 55% increase compared to the same period last year.
Xiaomi Increases Stake in Kingsoft, Ownership Rises to 8.14%
On August 27, a Hong Kong Stock Exchange disclosure filing revealed that Xiaomi purchased 2.43 million shares of Kingsoft at an average price of HK$24.4595 per share, bringing its total stake to 8.14%.
“JX3” Series Producer Guo Weiwei Announces Departure from Seasun
On August 27, Guo Weiwei, the producer of the “JX3” (Sword Net 3) series, announced on social media that the following day would be his last at Seasun Games. “The twenty years I spent working on JX3 are the years I regret the least. I’m grateful to Lei Jun, Seasun Games, and the board for giving me the room to spread my wings,” Guo wrote.
TCL Technology Completes Acquisition of 45% Stake in Guangzhou China Star Semiconductor
On August 27, TCL Technology announced that its transaction to acquire a 45.00% equity stake in Guangzhou China Star Optoelectronics Semiconductor Display Technology Co., Ltd. (“Guangzhou China Star Semiconductor”) through a combination of share issuance and cash payment has been officially completed. Following the transaction, TCL Technology now holds 100% equity interest in Guangzhou China Star Semiconductor, both directly and indirectly.
Tencent’s Auto-Chess Game “Honor of Kings Chess” Officially Launches September 10
On August 27, Tencent officially confirmed that “Honor of Kings Chess,” the auto-chess game based on the “Honor of Kings” IP, will launch on September 10, 2026. Pre-registrations across all platforms have already surpassed 70 million.
Cao Cao Mobility Posts 10.3 Billion Yuan in H1 Revenue
On August 27, Cao Cao Mobility released its 2026 interim results. In the first half of the year, the company generated total revenue of 10.3 billion yuan, up 9.0% year-over-year, with mobility services revenue reaching 9.8 billion yuan, a 13.9% increase. Gross margin improved to 9.0% during the period, up from 8.7% in the same period last year.
On the Robotaxi front, as of the end of the reporting period, Cao Cao Mobility had deployed 140 second-generation Robotaxis and plans to continue expanding its fleet both domestically and internationally in the second half of the year. The company is also collaborating with the Geely Group and others to develop a third-generation Robotaxi model called “Eva Cab,” with mass production targeted for 2027. In overseas markets, Cao Cao Mobility plans to establish a joint venture with Octopus in Hong Kong, China, and signed a strategic cooperation agreement with Abu Dhabi partner K2 in June to advance local Robotaxi deployment and operations.
