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Real-time News
On August 19th, two sources familiar with the matter stated that Samsung Electronics has raised prices for some advanced chip manufacturing services by up to 15% due to surging demand for artificial intelligence chips, leading to tight capacity in its foundry business. This price increase marks a turnaround for Samsungs foundry business, which has been operating at a loss since 2022, according to industry estimates. While Samsung achieved record profits driven by soaring memory chip prices, its foundry division has struggled to close the gap with TSMC. The sources indicated that Samsung raised prices in July for chips manufactured using its 4-nanometer (SF4) process. Wafers produced using its 5-nanometer (SF5) process saw price increases of 10% to 15%, while wafers produced using the older 8-nanometer process rose by nearly 10%. Samsung declined to comment, stating that the company does not disclose specific details regarding its operations.On August 19th, the National Bureau of Statistics released the latest data on sales prices of commercial residential buildings in 70 large and medium-sized cities. In July, Guangzhous month-on-month price index for new residential buildings was 100.1, and the month-on-month price index for existing residential buildings was 100.4. Both new and existing residential building price indices have risen for five consecutive months, further consolidating the markets stabilizing and improving trend. With rising prices, market transactions remain active. The effects of policies such as increasing public housing fund loan limits, issuing special subsidies for "selling old to buy new," and state-owned enterprises acquiring existing housing have continued to be released, keeping market activity at a high level recently. Since July, the citys new commercial housing sales area has maintained positive year-on-year growth. From July 1st to 31st, the citys new commercial housing sales area increased by 5.8% compared to the same period last year, with new residential housing sales area increasing by 9% year-on-year. In the first half of August (August 1st-15th), the new commercial housing sales area increased by 15% compared to the same period last year.On August 19th, Kuaishou (01024.HK) announced that, driven by breakthroughs in model capabilities, continuous improvement of product functions, and deepening penetration into application scenarios, Keling AIs commercialization has maintained strong growth momentum. In the second quarter of 2026, Keling AIs revenue exceeded RMB 850 million, representing a year-on-year increase of over 200%, continuing to lead the commercialization process of the global AI video generation industry. In the second quarter of 2026, we achieved a year-on-year increase of over 70% in the consumption of AIGC short video marketing materials. We continued to expand our generative recommendation model and intelligent bidding model to a wider range of scenarios such as live streaming, search, and general e-commerce, improving the recommendation effect of marketing materials and leveraging clients marketing budgets. As of June 2026, over 92% of Kuaishou employees used the self-developed AIagent product, and the AI code contribution rate of R&D personnel reached 60%. Meanwhile, Kuaishou Wanqing, as an enterprise-level large model service and development platform, integrates high-performance model inference, low-cost model customization, and fully managed services. In addition to supporting Kuaishous internal AI usage scenarios, it also provides large model infrastructure services to numerous external enterprise clients.The Central Bank of Iceland raised its benchmark interest rate from 7.75% to 8.00%.Iranian Parliament Speaker Ghalibaf: Let everyone be clear, we will never back down before we achieve our goal.
