Chinese companies involved in the electric vehicle industry invested more overseas than domestically for the first time in 2024, although foreign projects face higher costs, delays and risks.
LG Display (LGD), optimistic about the automotive market outlook, showcased a fully autonomous driving concept car equipped with various innovative display solutions at K-Display 2025. The company also won awards for its globally largest 57-inch full cockpit pillar-to-pillar (P2P) display and automotive slidable OLED screen.
Indonesia is increasing lithium imports from Australia to boost its electric vehicle (EV) battery supply and advance its EV development goals. The government is also encouraging industry players to explore nickel-based battery technologies, leveraging its abundant domestic nickel reserves.
In a challenging global environment that has dampened growth across the electric vehicle (EV) industry, Solteam held its investor briefing on August 13, 2025, revealing a robust 38% year-over-year increase in revenue from its new energy vehicle (NEV) division in the first half of 2025.
Foxconn Technology Group faced a mixed bag of challenges in the second quarter of 2025, with currency fluctuations and other external uncertainties weighing on results. Yet, the company managed to deliver an impressive performance, buoyed largely by robust demand in the AI server sector—a fast-growing industry fueling its latest revenue surge.
As the tide of Software-Defined Vehicles (SDVs) rises, mainstream automakers from Europe, North America, Japan, and South Korea are quietly recalibrating their strategies. Having initially gambled on full-scale, self-developed software platforms—fearing they'd be reduced to low-margin hardware suppliers—they are now embracing a more pragmatic approach.
Over the past two weeks, Tesla CEO Elon Musk has promoted his company's new partnership with Samsung Foundry for manufacturing its AI chips. At one point, South Korean media speculated that Samsung might even take over exclusive foundry orders for Tesla's Dojo chips originally handled by TSMC, only to discover later that Musk had decided to shut down the supercomputer project.
As Taiwan's machinery industry grapples with the dual pressures of currency volatility and rising tariffs, one company is defying the broader sector's gloom. Quaser Machine Tools, a precision equipment manufacturer, is doubling down on the high-margin aerospace sector—and seeing results.
For years, the biggest perceived roadblocks to widespread electric vehicle (EV) adoption were clear: prohibitive sticker prices, range anxiety, and too few public chargers. But as the global EV market grows, one of those long-held assumptions is being turned on its head.
On July 31, 2025, US President Donald Trump signed an executive order to adjust reciprocal tariff rates, setting the provisional tariff for Taiwan at 20%, effective from August 7, 2025. According to senior government officials in Taiwan, relief measures have been initiated, and affected businesses are urged to apply within the stipulated timeframe. For traditional industries, China faces tariffs exceeding 50% on related goods, which provides Taiwan with a competitive opportunity to gain market recognition.
Amid global market uncertainties, including US tariffs, Abico Asia reported negative profits in the first quarter of 2025 due to valuation losses in its investment portfolio. Despite this sluggish start, the investment firm expects improved outcomes in the second half of the year as several unlisted portfolio companies move towards capital market entries.
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