Pony AI (HKG:2026) expanded its partnership with Uber to deploy more than 2,000 robotaxis across five European cities, according to a Friday filing with the Hong Kong bourse.
Pony AI will provide Level 4 autonomous driving technology, rider experience, and operational expertise, while Uber will provide customer access through its mobility platform, including booking, payment, and customer service.
Phoenix Silicon International (TPE:8028) board approved an additional NT$4.82 billion capital expenditure budget for 2026, according to a Thursday Taiwan Exchange filing.The increased spending will cover production equipment, plant facilities and construction projects.The capex is aimed at capacity deployment and will be funded through self-financing and capital-raising methods, the semiconductor wafer processing services provider said.
Yantai Jereh Oilfield Services' (SHE:002353) net profit attributable to shareholders for the first half fell 3.6% to 1.20 billion yuan from 1.24 billion yuan a year earlier, according to a Friday disclosure on the Shenzhen bourse.Earnings per share dropped 3.3% year on year to 1.18 yuan from 1.22 yuan.Operating revenue rose 11% to 7.65 billion yuan from 6.90 billion yuan in the previous year.The oil equipment manufacturing company's shares jumped 5% during the morning trade.
The U.S. government will impose a 100% tariff on imports of drones and their components, according to a fact sheet by the White House released Thursday.The tariffs could particularly hurt China, the world's largest drone maker, Bloomberg reported separately.The 100% rate will apply to drones with a maximum takeoff weight of more than 25 kilograms and with thermal imaging features, Washington said.The administration of President Donald Trump will also levy a 25% tariff on smaller unmanned aircraft that lack national security capabilities.Washington will also impose a 15% duty on drones and components made by the EU, Japan, Liechtenstein, South Korea, Switzerland, and Taiwan, and 10% for UK-made drones as long as their parts come from the U.S., the fact sheet showed.The tariffs will take effect 21 days after signing, while duties for non-critical drone parts will take effect after 180 days, the White House said.