Aug 17 — A delegation from the Shenzhen Aerospace Technology Innovation Institute held talks with Commercial Rocket Co., a unit of China Aerospace Science and Technology Group (CASC), to advance cooperation in the commercial space sector. Both parties agreed to back CASC strategic directives and jointly support construction of the commercial launch-vehicle industry chain. Planned cooperation focuses on integrated development across launch vehicles, launch sites and telemetry/tracking systems, jo

At its results briefing Minde Electronics said it adjusts prices in line with market conditions. Several upstream silicon-wafer suppliers have indicated willingness to raise prices in Q4; Guangxin Microelectronics will decide whether to follow based on upstream developments and product-mix optimization. The company expects power semiconductors to be in a cyclical upturn over the next three years, leaving significant upside for prices. Price-rise magnitudes will vary by product category; customers have generally accepted increases under stable supply, and current prices remain low versus early 2023.

LME copper next-day spread hit $110, the highest level since 2021.