AUO is showcasing cutting-edge microLED display technology integrated with artificial intelligence (AI) at Display Week 2025, the global industry event hosted by the Society for Information Display.
Against a backdrop of escalating geopolitical strain and unresolved trade friction, the US and China have concluded a new round of high-level negotiations, releasing a joint statement to adjust and suspend recently imposed tariffs. Though narrow in scope, the deal signals a partial de-escalation and offers markets overdue relief after months of volatility since April 2025.
Innolux Corporation's automotive display subsidiary CarUX plans to list on the US stock market, marking the Taiwanese display manufacturer's first overseas public offering.
The US has finalized a trade agreement with the UK, granting British car manufacturers a 10% tariff on up to 100,000 vehicles annually, lower than the 25% tariff applied to automotive imports from other countries. This deal, aligning with the 102,000 vehicles the UK exported to the US in 2024, disrupts the US tariff structure, particularly affecting Canada and Mexico under the US-Mexico-Canada Agreement (USMCA), where exports now face higher duties.
Panasonic Holdings has unveiled plans to lay off approximately 10,000 employees, split evenly between Japan and overseas, as part of structural reforms to improve profitability. The reductions, targeting departments such as home appliances, are scheduled for fiscal year 2025 (April 2025 to March 2026). The company's energy division, focused on electric vehicle (EV) batteries, will be spared due to strong demand, particularly from Tesla.
According to an official press release, Infineon has received final approval from the German Federal Ministry for Economic Affairs to fund its new Smart Power Fab in Dresden. The company will invest EUR5 billion (approx. US$5.6 billion) to expand the site, aiming to meet demand in sectors such as renewable energy, data centers, and electromobility.
On May 6, Mitsubishi Motors signed a memorandum of understanding with Foxconn's EV arm, Foxtron Vehicle Technologies, to jointly explore EV development, design, and manufacturing. The deal signals a major milestone for Foxconn's carmaking ambitions and a telling concession by Mitsubishi as it seeks to stay competitive in the breakneck global EV race.
Contemporary Amperex Technology Co. Ltd. (CATL) has started taking investor orders for a Hong Kong stock offering that is likely to be the world's biggest listing this year.
In Taiwan, car prices have long been a hot topic among consumers. With recent debates surrounding whether or not to lower import tariffs, the pricing gap between domestic and imported vehicles has once again taken center stage.
Since coming into effect on May 3, US President Donald Trump's automotive tariffs have hit the industry hard. At the same time, Taiwanese aftermarket (AM) parts suppliers are eyeing opportunities they must seize.
Bloomberg, citing unnamed sources, reported that Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery maker, is seeking a US$1 billion loan to expand its investment in Indonesia. The funds will be used for a battery plant in Karawang, West Java, operated by CATL's joint venture. Sources familiar with the matter said financing negotiations are ongoing, and details may still change.
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