ChangXin Rejects Apple Orders as Anthropic Files for Public Listing

Apple had sought a memory supply quota from ChangXin at prices more favorable than those offered by Samsung, SK Hynix and Micron, but ChangXin did not accept the price-cut conditions, SEMI reported, citing industry sources. A Taiwan server manufacturer that planned to buy ChangXin's DDR5 memory also failed to reach a contract. The refusals reflect tight capacity as ChangXin works to meet Chinese demand; it already supplies LPDDR6 DRAM to Xiaomi and other local partners, the report said. A semiconductor industry observer said meeting domestic DRAM demand could be a decade-long task, while companies such as Huawei and Xiaomi are expected to rely less on Samsung and SK Hynix.

Anthropic's filing, reported by Leiphone, disclosed a net loss of $80.7 billion for the half-year and said the company could list as early as mid-November. The report did not give the exchange or the size of the offering.

ByteDance denied a report that Zhou Chang, a core R&D head at its Seed AI unit, had resigned. A person close to ByteDance told The Paper on Oct. 26 that Zhou had not left. Earlier reports said Zhou planned to start a company in embodied intelligence and had been in contact with venture funds, corporate investors and large model unicorns. Zhou, former technical lead of Alibaba's Tongyi Qianwen, joined ByteDance in August 2024 and now heads visual multimodal generation for the Doubao model, according to public information.

OpenRouter data cited by National Business Daily showed global AI model calls reached 188 trillion tokens in the week of Oct. 19-25, up 14.63% from the previous week. Chinese models accounted for 93.54 trillion tokens, up 18.14%, and have exceeded U.S. model calls for 26 consecutive weeks. U.S. models recorded 22.47 trillion tokens, up 29.44%. DeepSeek V4.1-Flash-1017 ranked first with 33.6 trillion tokens, up 801%, followed by DeepSeek V4.1 Flash at 18 trillion and MiniMax M3.1 Flash (free) at 13.7 trillion.

Apple's first folding phone, iPhone Duo, drew user complaints after sales began, with some users reporting bright lines and cracked screens, according to Kuai Technology. Li Nan, founder of Angry Miao, wrote that the problems reflected Apple's loosened ties with its supply chain. He said Chinese phone makers had shipped multiple generations of foldables and accumulated experience in design trade-offs and process limits, while Apple's teams had fewer opportunities to work closely with production-line engineers.

Audi China moved to separate the four-ring brand from the AUDI letter brand under a dual-brand, dual-partner structure. FAW will strengthen the four-ring brand in smart luxury electric and fuel vehicles, while SAIC Audi will focus on the AUDI letter brand and the new-energy market, Yicai reported. SAIC Audi can continue selling four-ring products normally until the end of 2027, and after-sales service for both brand lines will continue.

Meituan plans to raise about $1 billion through an offshore yuan bond, its second dim sum bond, with proceeds mainly to refinance existing offshore yuan loans, according to IT Home, citing people familiar with the matter. The two-tranche Reg S senior unsecured notes were expected to price on Tuesday. Separately, Kimi operator Moonshot AI apologized for rate limits and unnecessary quota consumption for members using K3.1 Pro and said it would reset all active subscriptions with a 25% monthly quota compensation, equivalent to one week's usage. Cambricon Chairman Chen Tianshi also denied market talk that the company's chip shipments would exceed 1 million units next year, saying the company had never discussed such a figure, according to Blue Whale News.

Volkswagen Group China obtained an L3 autonomous-driving road-test license in Hefei and began real-road testing and data collection, IT Home reported. The company plans to deliver L3 conditional autonomous driving as early as the second half of 2027. A C-V2X industry worker told media that relevant departments have started work on a mandatory standard for vehicle-installed cellular vehicle-to-everything systems, with dozens of units participating; operating vehicles have already been required to install C-V2X, and a Ministry of Transport draft standard would apply to new operating buses, trucks and tractor-trailers 25 months after the standard takes effect.