Axera Semiconductor Co Ltd

Axera announced that its automotive-grade ADAS SoC M57 now powers Aptiv's new-generation integrated front-view ADAS unit, which has entered mass production and begun deliveries for EU-bound models from a leading Chinese new-energy vehicle manufacturer. Led by Aptiv's China team, the driver-assistance system meets the requirements for a five-star rating under the 2026 Euro NCAP protocols. The unit uses a single M57 SoC with an integrated MCU to cut hardware size and power use by 20% each, and incorporates an 8MP, 120° HD camera, leading vision perception algorithms, and Wind River Kaiwu RTOS. The M57 is a Chinese automotive-grade SoC built on Axera's full-stack, proprietary core IP, with an NPU delivering up to 10 TOPS and native support for BEV and Transformer architectures, plus an integrated MCU and ASIL-D hardware safety island certified to AEC-Q100 Grade 2, ISO 26262 ASIL-B, and ISO/SAE 21434. Li Hao, Axera's GM of Automotive Business, called the EU mass-production launch a milestone for Chinese automotive chips developed in China and built to serve the world, and said M57 has already secured design wins from multiple automakers and Tier 1 suppliers in China and abroad.

The Hang Seng Index in Hong Kong edged up 25.55 points, or 0.10 percent, to close at 25,884.43 on the 31st, marking its fifth consecutive day of gains. At one point the index dipped into negative territory after China's July manufacturing and non-manufacturing PMI readings came in below market expectations, but buying in semiconductor-related shares underpinned the broader market and it recovered towards the close. A meeting of the Political Bureau of the Communist Party of China Central Committee indicated a policy direction of enhancing the effectiveness of fiscal and financial measures and considering and introducing effective additional countermeasures in a timely manner. By sector, semiconductor-related stocks were firm, with Tian Shu Zhi Xin up 12.8 percent, Ai Xin Yuan Zhi up 9.7 percent, and Chang Guang Chen Xin up 8.0 percent. On the other hand, resource-related shares were weak, with Heng Ding Industrial down 17.0 percent, Green Leader Holdings down 13.3 percent, and Hong Hai High-Tech Resources down 7.4 percent at the close.