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Industry

Samsung Electronics, Nano Convergence Technology Institute share public nanofab consulting results

South Korea\'s Ministry of Science and ICT held a results briefing on Sept. 11 at POSTECH\'s Nano Convergence Technology Institute on a consulting project to improve public nanofab operations. The project follows a March 2025 memorandum of understanding between the ministry, Samsung Electronics and two other chipmakers. Samsung’s DS division provided six months of consulting to transfer private fab management know-how, and the institute improved safety, cleanliness, equipment reliability and process service response.

Telecommunications & Media

Stage Five acquires Loflat to combine location technology with telecom services

Stage Five has acquired AI location data specialist Loflat and will move to develop new businesses. The company said on Sept. 2 it secured Loflat’s shares through a comprehensive share swap and will make it a subsidiary. Loflat will maintain its existing business structure after the acquisition. Stage Five plans to apply Loflat’s location technology to its telecom services, including its budget phone brand Pindirect, to improve service quality and develop new services.

AI & Enterprise

China\'s Z.ai first-half revenue surges 400 percent as it shifts to cloud-focused model

Chinese AI company Z.ai said first-half revenue rose 400 percent from a year earlier to 953.89 million yuan, driven by cloud-based deployment and API business. The company posted a smaller overall loss of 2.07 billion yuan, while adjusted net loss widened to 1.96 billion yuan and R&D spending rose to 2.13 billion yuan. Cloud deployment revenue surged and its share of total revenue jumped, but gross margin fell as computing and inference costs weighed on profitability.