This Week’s IC Industry Highlights: A high-profile domestic chip project with an investment of RMB 100 billion has failed, leading to the reclamation of 258 acres of land in Dongguan. The official seal of Hawei Huaxin has been seized, intensifying the ongoing control dispute. Nokia is slashing jobs in China, with plans for significant staff reductions by year-end. Meanwhile, Samsung has raised its wafer foundry prices by up to 15%, driven by soaring demand for AI chips, which is pushing utilization rates for advanced manufacturing processes to new heights.