Chinese tech giant at the center of 5G, AI, and global tech geopolitics
Apple has unveiled its first foldable iPhone, the iPhone Duo, with a 7.6-inch inner display and a 5.4-inch outer screen. It launches at $1,999, positioning Apple against Samsung’s Galaxy Z Fold 8 and signaling a potential shift in premium smartphones. The device offers a book-style design, a matte inner display, and an under-display selfie camera, while rivals emphasize their crease-free engineering.
The world watches China’s response as it redefines its role in global trade. Premier Li Qiang has framed the shift from China Shock 2.0 to China Opportunity 2.0, arguing that state subsidies are not the main driver of tech rise. Policymakers in Europe and the United States are weighing tougher tariffs and export controls as China’s trade surplus remains at record levels.
China's official manufacturing PMI has edged into expansion at 50.3 in June from May's 50.0, with improvements in new orders and production. Export demand remains a key engine, while domestic consumption shows caution amid a prolonged property downturn. Analysts expect policy support to sustain momentum.
South Korea has accelerated its semiconductor push, pledging hundreds of trillions of won in memory fabs and AI data centers. President Lee Jae-myung frames the plan as national survival, aiming to double memory capacity within five years. Samsung and SK Hynix pledge multi‑trillion investments, with broader plans to build new fabs and hubs in the southwest.
Major device makers have raised prices and warned consumers after memory and storage costs have surged because AI data‑centre buildouts are buying up DRAM and flash. Apple has increased Mac and iPad prices; Microsoft, Sony and Nintendo have signalled or implemented console and hardware hikes. Analysts say shortages will persist into 2027.
The US Department of Commerce has lifted export controls on Anthropic's Claude Fable 5 and Mythos 5, and Anthropic has begun restoring access. Mythos 5 has been cleared for a vetted group of US organisations; Fable 5 — redesigned with stronger safeguards — is being redeployed more broadly after testing and coordination with government officials.
SK Hynix has raised $26.5bn by selling 177.9m American depositary receipts at $149 each, in the largest-ever US share sale by a foreign company. Its ADRs have begun trading on Nasdaq under temporary ticker SKHYV and will convert to SKHY; the company is using proceeds to expand fabs, packaging and EUV capacity as AI-driven memory demand surges.
OnePlus has announced it will stop launching new phones in Europe and North America and will focus new device rollouts on India and China. The parent company Oppo has begun a corporate restructuring as memory-chip shortages and rising component costs have cut demand for budget phones and pushed manufacturers to prioritise AI-oriented high-bandwidth memory.
Security researchers warn that JadePuffer marks a new phase in cybercrime: an AI agent autonomously conducts a ransomware campaign, breaching servers, encrypting data, and generating its own ransom note. The development is accelerating, with multiple outlets detailing the role of LLMs in orchestrating these attacks, and officials urging stronger defenses.
The impeachment trial of Philippine Vice President Sara Duterte has begun in Manila. Police have deployed around the Senate as pro- and anti-Duterte demonstrators gather. Duterte denies wrongdoing and has appeared via counsel, with the outcome potentially barring her from future office and shaping the 2028 race.
China’s Cyberspace Administration has approved Apple’s AI services for use in the country, following a deal to integrate Alibaba’s Qwen AI into Apple’s operating systems. Apple’s China sales have risen, and Baidu is reportedly collaborating on Apple Intelligence features for Chinese users. The approval sets the stage for broader AI integration in China.
Pew Research Center has found that more people now view China more favourably than the United States in 25 of 36 countries surveyed. The poll of 42,151 people, conducted Feb.–May 2026, shows confidence in Chinese leader Xi Jinping has risen while confidence in U.S. President Donald Trump has fallen; the U.S. retains a lead on respecting personal freedoms.
Beijing-based Moonshot AI has released Kimi K3, a 2.8‑trillion‑parameter open‑weight model that has outperformed leading U.S. systems on blind coding benchmarks, is priced substantially below comparable U.S. offerings, and is scheduled to publish its model weights on July 27 so developers can download, modify and self‑host the model.
The FCC has announced restrictions on importing new Chinese humanoid and quadruped robots and connected power inverters, aiming to strengthen the U.S. AI supply chain and incentivize domestic manufacturing. The measures affect models not yet approved for sale and come amid broader U.S.-China tech tensions.
The Federal Communications Commission has added "advanced robotic devices" — including humanoid robots, four‑legged machines and some connected power inverters — to a list that blocks new foreign-made models from US markets on national‑security and cybersecurity grounds. The rule has taken effect for models not yet authorised; existing authorised devices remain allowed while exemptions can be requested.
Global firms are increasingly turning to Chinese technology, AI, and battery suppliers as China deepens its role in global supply chains. Auto makers and tech majors are partnering with CATL, Baidu, Alibaba, and Xpeng, while Hong Kong is rising as a testing ground for AI models and data-center capacity. The shift signals a broader move from China as a manufacturing base to a source of advanced capabilities, even as US constraints persist.
Nvidia has enlisted six Wall Street firms to finance a $500 billion buildout of AI infrastructure, treating compute as a new asset class. The plan centers on financing data centers and GPU clusters for customers unable to pay upfront, with OpenAI-related projects and neoclouds in focus. Executives cite long-term value and revenue generation, while cautions focus on depreciation risk and China’s potential price competition.
China’s humanoid robotics sector is expanding as World Robot Conference showcases domestic firms deploying robots in logistics and manufacturing, while overseas demand and investor interest drive IPOs and automation adoption across factories.
Beijing hosts a five‑day World Humanoid Robot Games as robots outperform humans in sprint and other tasks. The events test autonomy, perception and control, with industrial and service tasks featured alongside sports.
Chinese President Xi Jinping has arrived in Cairo for a state visit, his first to Egypt in a decade, to mark 70 years of diplomatic ties and sign economic and security agreements. Talks with President Abdel Fattah el-Sisi will focus on Gaza, Red Sea shipping, the Nile dam dispute, AI and expanded Chinese investment in the Suez Canal zone.
Apple has unveiled a wide set of devices at its September keynote and signalled a hardware-first strategy under new CEO John Ternus. The company has revealed the foldable iPhone Duo, iPhone 18 Pro with the A20 chip, AirPods 5 and two refreshed Apple Watch lines while previewing upgraded Siri and a stretched product roadmap through 2027.
Church's Texas Chicken opens first China location in Shanghai, drawing long lines and sparking a side hustle around queueing services. Official data show services spending outpacing goods as catering revenue rises, while McKinsey notes foreign firms must invest to stay relevant in China’s evolving market.
Signatories from OpenAI, Anthropic, Google, Microsoft and other leaders have warned there is a limited window to strengthen cyber-defences against AI-powered attacks. The open letter urges coordinated government action, funding for cyber defence, and wider access to capable defensive AI for critical infrastructure, as attacks on hospitals, water systems and airports rise.
Z.ai has publicly confirmed that Ox Alpha is GLM-5.3-Flash, a low-cost multimodal model developed for OpenRouter and OpenCode tests. The reveal places Z.ai in the front line of China’s AI race, competing with DeepSeek, Moonshot AI, and Alibaba’s Qwen as it reports half-year results and scales chip claims amid a broader push for domestic AI capability.
Chinese president Xi Jinping has visited Cairo for the first time in a decade and has met President Abdel Fattah el‑Sisi. The two governments have signed new economic deals, launched a third phase of the Suez Canal industrial zone and discussed cooperation on artificial intelligence, defence and maritime security as regional trade routes face disruption from the US‑Israel war with Iran.
Apple has unveiled the iPhone Duo, a passport‑sized foldable that opens to a 7.6‑inch display and targets productivity with multi‑window apps and on‑device AI. New CEO John Ternus has led the debut; Apple has priced the Duo at $1,999 with availability set for October 23 and preorders opening earlier in September.
Indian Prime Minister Narendra Modi and Chinese President Xi Jinping have met on the sidelines of the BRICS summit in New Delhi. The leaders have committed to a “fair, reasonable and mutually acceptable” resolution of their long-standing border disputes and to tackling India’s structural trade deficit with China. Their meeting follows more than a year of diplomatic thaw.
Enflame Technology has surged on its Shanghai STAR Market debut after raising 6.12 billion yuan, with Tencent backing. The IPO signals rising investor appetite for China's AI chipmakers as the country pursues semiconductor self-sufficiency amid U.S. export restrictions. Revenue rose in 2025 but losses narrowed; the company plans further chip development and expects to break even in 2026-2027.
Africell has announced a loan from the U.S. Export-Import Bank to fund upgrading its Angola network with American and European equipment, aiming to boost U.S.-based employment and bolster tech leadership abroad. The move comes amid U.S. efforts to counter Huawei’s Africa footprint, with Africell also operating in Congo, Sierra Leone and Gambia.