Industry sources on the 12th said Samsung Electronics is expanding applications for its next‑generation z‑NAND flash and is initially developing three variants: the recently launched z‑NAND‑O plus z‑NAND‑T and z‑NAND‑I. Samsung first showed a z‑NAND‑O prototype at a US storage event in August last year.

After the National Day holiday, China’s public mutual fund issuance market rebounded: 65 new funds began subscriptions in the week Oct 12–18, up 209.52% week-on-week and the highest pace in nearly six weeks.

Iran foreign ministry spokesman Baghaei said U.S. claims that Tehran’s influence in the Strait of Hormuz has waned clash with field conditions and market reactions, noting Washington has had to enlist other countries to secure fuel supplies. He said Iranian actions in the waterway since Feb. 28 are lawful responses to alleged U.S. and Israeli military abuses rather than leverage, and warned that continued U.S. maritime pressure, blockades and economic warfare will prevent the Strait’s return to security; Tehran says it does not seek disruption but attributes it to U.S. actions.