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Mobility

Surge in self-driving taxis in city centres raises unexpected incident issues

As self-driving robotaxis are deployed more widely in real-world operations, cases are increasing in which the vehicles cause problems in unexpected situations. A growing number of so-called edge cases can disrupt traffic flow and sometimes create scenes that may threaten safety. Waymo has expanded its fleet and converted services in several U.S. cities to fully autonomous driving, but it has also carried out multiple federal recalls since December.

Industry

LB Semicon enters Qualcomm supply chain as non-DDI shift pays off

LB Semicon, an outsourced semiconductor assembly and test (OSAT) company, has entered Qualcomm’s supply chain after receiving approval for mass production, it said on Sunday. The company said it will begin mass production within August. The products cover Qualcomm semiconductors for AI data centres and automotive use, with services spanning bumping through testing and back-end processes. LB Semicon said the move reflects its shift beyond DDI to higher value processes.

Industry

U.S. biotech Axiom chooses Hong Kong over Nasdaq for first listing

U.S. biotech Axiom Biosciences has chosen Hong Kong, not a U.S. exchange, for its first stock market listing. The San Diego-based company is pursuing a Hong Kong listing in 2027 and is considering a secondary U.S. listing in 2029. Axiom expects Hong Kong to provide access to specialist biotech investors and expand cooperation with Asian clinical trial and commercialization partners amid shifting global biotech financing conditions.