China tech

humanoid robo

2026-08-10 04:04:08

China's 8 humanoid robot firms top $2.9B valuation; data standards lag

Eight Chinese humanoid-robotics companies had reached or passed a 20 billion yuan ($2.9 billion) valuation by June 2026, according to industry analysis platform Hello China Tech. Five are valued mainly on model capability rather than shipment volume, with annual shipments still around 100 units. Funding for the sector hit $6.95 billion in Q2, more than double the previous quarter. The report also flagged wide gaps in data-collection costs, from roughly 20-40 yuan per hour for frontline workers to 500-1,000 yuan for government-backed training-base data. Only about 50 of every 100 hours of raw collection ends up usable, and firms use incompatible data units such as hours, trajectories and skills. Without independent audits, valuation bases remain uncertain, and the report urges a unified standard for measuring data assets.

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Semiconductor

2026-07-27 14:21:00

Domestic immersion DUV lithography tools enter small-batch production, with five units planned this year

A state-backed company in Shanghai has started small-batch production of domestically made immersion deep ultraviolet, or DUV, lithography machines, according to The Information. The report said the company plans to ship about five units this year and raise annual deliveries to around 20 by 2027. The first batch is set to go to Semiconductor Manufacturing International Corp. (SMIC), Hua Hong Semiconductor and ChangXin Memory Technologies. Before the tools can be used more broadly, fabs will need to verify their precision, stability and how well they connect with existing production lines. That validation process could take several months or longer. The report added that most parts in the system have been localized, though some critical components still rely on Japan. The same report said the overall performance and manufacturing quality of the domestic machines still trail ASML. For comparison, ASML delivered about 131 immersion DUV lithography systems in 2025 alone, showing that a large-scale replacement of foreign equipment remains some distance away.

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DUV lithograp

2026-07-27 14:01:19

China-made DUV lithography tools enter mass production, with CXMT seen among first users

A Chinese company backed by state capital has begun mass production of domestically developed deep ultraviolet lithography manufacturing equipment, according to The Information, which cited people familiar with the matter. The company plans to produce about five DUV lithography machines in 2026 and scale that figure to roughly 20 in 2027. The report frames the move as a notable step in China’s push to localize semiconductor manufacturing equipment. The planned customers for the first batch include major Chinese chipmakers Semiconductor Manufacturing International Corp. (SMIC), Hua Hong Semiconductor and memory maker ChangXin Memory Technologies (CXMT). Among them, CXMT is expected to be an important early user of advanced domestic semiconductor equipment. The report also noted the production gap with ASML, saying the Dutch supplier delivered 131 immersion DUV lithography systems last year. If the Chinese-made DUV tools can run stably on production lines at companies such as CXMT, the report said, China’s memory chip industry could reduce its reliance on overseas critical equipment.

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DeepSeek

2026-07-24 05:30:16

DeepSeek Reportedly Jumps to $45 Billion Valuation as State Fund Leads First Round

DeepSeek’s first funding round reportedly lifted its valuation from $20 billion to $45 billion within weeks, with China’s state-backed “Big Fund” leading the deal and Tencent and Alibaba in talks to join.

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IDC

2026-07-16 08:36:38

IDC says China’s AI coding market will reach RMB 399 million in 2025, with Alibaba leading

IDC has released its 2025 China AI Coding Market Share Report, outlining both the current size of the sector and the competitive picture shaping it. According to the report, China’s AI coding market will total RMB 399 million in 2025 and is projected to climb to RMB 1.173 billion by the end of 2026. IDC said Alibaba ranks first in the market through its core AI coding product, Qoder, with a 47.6% share. The report added that this figure is larger than the combined share of vendors ranked second through fifth. IDC analysts said AI coding is moving beyond being a simple code-generation tool and is becoming a software productivity platform that covers the full software lifecycle. The report also said Alibaba’s Qoder product lineup now serves hundreds of thousands of enterprises, including FAW China, CITIC Securities and AsiaInfo Technologies, while its global user base has exceeded 5 million.

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humanoid robo

2026-07-10 07:52:13

China's Linkerbot Targets $6 Billion Valuation as Investor Interest in Humanoid Robots Grows

Reuters reports that Chinese humanoid robotics company Linkerbot is aiming for a $6 billion valuation, up from $3 billion, as investor appetite for humanoid robotics continues to strengthen.

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