Against a backdrop of cyclical adjustment and structural transformation in the global electronics industry, Foxconn Technology Group is opening 2026 with what it calls a "dual-engine" strategy.
SK On, a battery unit of SK Innovation, has scaled back its investment plans and postponed the expansion of its new factory in Seosan, Chungcheongnam-do, South Korea, due to a slowdown in the electric vehicle (EV) market and uncertain battery demand. Initially planning to invest KRW17.534 trillion (approx. US$12.15 billion) to develop a third plant and upgrade the second plant, SK On has cut the committed investment to KRW936.3 billion so far, with around KRW820 billion to be spent later as part of the revised expansion schedule.
Indian OSAT players aim for price competitiveness on par with Malaysian rivals, as L&T Semiconductor is scheduled to announce products at CES.
The global automotive market reached a critical turning point in 2025 amid unprecedented pressures from tariffs, policies, and inflation, triggering preemptive buying before expected downturns. In China, domestic sales are estimated to have hit 27 million units in 2025, nearing the historic peak of 2017.
BYD has met its 2025 electric vehicle sales target and is on track to surpass Tesla as the world's largest pure battery electric vehicle (BEV) maker for the full year, according to reports from Nikkei Asia and Bloomberg.
Foxtron, backed by Foxconn, held an investor briefing on December 31, 2025, to review recent performance and forecast its strategy amid a cautious market outlook for 2026. Despite acknowledging revenue difficulties, the company positioned 2026 as a year of recovery and growth.
China's expanded vehicle trade-in program is set to reinforce its rise as the world's largest auto market, supporting domestic demand while intensifying export pressure overseas. As sales overtake Japan's for the first time, the policy highlights how Beijing is linking consumption stimulus with industrial and geopolitical ambitions.
The 2026 Taipei Auto Show will officially open on December 31, with Hyundai Motor's Taiwan general agent Nanyang Industrial projecting Taiwan's new car market to surpass 410,000 units in 2025. Nanyang has set a full-year sales target of 21,000 vehicles for 2026, aiming to capture a 5% market share.
2025 proved turbulent for downstream applications and end-user devices. Tariffs and geopolitical tensions dominated the first half, while AI gained momentum later in the year. Global market unpredictability pushed many brands—particularly in China, the epicenter of geopolitical tensions—toward domestic markets and self-sufficiency.
Yulon Motor Group's subsidiaries China Motor (CMC) and Yulon Nissan Motor are showcasing new car models at the Taipei Auto Show, which runs from December 31 to January 4 at the Taipei World Trade Center. The launch of the Mitsubishi XForce in Taiwan is a key highlight of the event.
Toyota Motor and its Taiwan distributor Hotai Motor introduced several refreshed and new models at the 2026 Taipei Auto Show, emphasizing diverse powertrains as their core strategy in Taiwan. The showcase underscored Toyota's commitment to expanding its electric and hybrid vehicle lineup.
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