Hunan Goke Microelectronics Co. (Goke) announced on June 5, 2025, its plan to acquire a 94.366% stake in Ningbo Semiconductor International Corporation (NSI) through a mix of share issuance and cash. To fund the deal, Goke intends to raise capital from up to 35 qualified investors via a private placement. The transaction constitutes a major asset restructuring, and Goke shares resumed trading on June 6, 2025
Samsung Electronics Device eXperience (DX) Division acting head Roh Tae-Moon recently introduced the core concept of the future growth strategy called "ABC," aiming to strengthen existing core areas while actively exploring emerging growth businesses
Oppo announced on June 5 that it has signed a global licensing deal with Volkswagen Group, giving the German automaker access to its standard essential patents (SEPs) for cellular technologies, including 5G. The agreement covers Volkswagen's global lineup of connected vehicles and marks Oppo's first bilateral patent licensing agreement with a carmaker, highlighting the company's strategic move from smartphones into the smart vehicle space
US President Donald Trump and Chinese President Xi Jinping spoke by phone on Thursday, June 5, 2025, agreeing to hold further trade talks aimed at resolving disputes over tariffs and supplies of rare earth minerals
Taiwan's Industrial Technology Research Institute (ITRI) is making a strategic move to redefine the future of drone technology, unveiling six groundbreaking innovations at the Japan Drone 2025 exhibition. By targeting high-value sectors such as inspection and logistics, ITRI is positioning itself at the cutting edge of a rapidly evolving market, setting the stage for its drone technologies to lead in next-generation applications
China's electric vehicle market is undergoing a rapid transformation in 2025, and the latest surprise comes from two unlikely allies. XPeng Motors and Huawei—longtime competitors in the intelligent driving space—have announced a rare partnership to jointly advance AR head-up display (HUD) technology. The timing is no coincidence: the move comes on the heels of new government restrictions banning the use of buzzwords like "autonomous driving" and "advanced intelligent driving" in promotional language
As Lee Jae-myung takes office as South Korea's 21st President, the global tech and industry community is closely monitoring his ambitious economic agenda. Among the key sectors under scrutiny are semiconductors, batteries, shipbuilding, and defense industries that Lee pledged to nurture aggressively during his campaign
On the evening of June 5, 2025, Chinese state media reported that President Xi Jinping spoke by phone with US President Donald Trump, marking the first direct dialogue between the two leaders since Trump began his second presidential term in January 2025. The initial report by Xinhua News Agency and China Central Television was later updated to include the phrase "at request," indicating that the call was initiated by Trump and that China played a passive role in the exchange
Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing in early June to address concerns about the long-running price war, according to people familiar with the matter (hereinafter referred to as "the people")
India's top contract electronics manufacturer, Dixon Technologies, has applied for government approval to set up a joint venture with China-based HKC for manufacturing display modules used in smartphones, notebooks, and televisions. Executive chairman Sunil Vachani told PTI that the application was submitted under Press Note 3 of 2020, which mandates prior clearance for foreign investments from countries sharing land borders with India
European Union Commissioner for Trade and Economic Security Maros Sefcovic raised concerns with Chinese Commerce Minister Wang Wentao on June 3 over China's export curbs on rare earths and permanent magnets—materials critical to EU industry. The meeting highlighted mounting anxiety across Europe's automotive and manufacturing sectors
Taiwan's drone industry continues to expand its global presence, with its latest move focused on fostering collaboration with Japan at the Japan Drone 2025 exhibition. Following its participation in the XPONENTIAL exhibitions in Europe and the United States earlier this year, Taiwan is now promoting supply chain integration and cross-border cooperation at Asia's leading drone event
In recent weeks, China's tech ecosystem has been rattled by the revival of a decade-long rivalry between two industry heavyweights: Richard Yu, Executive Director and head of Consumer BG at Huawei, and Lei Jun, Xiaomi's founder and CEO. What began as a battle over smartphones has now spilled into the electric vehicle space, with pointed comments about quality and strategy sparking fresh debate across the industry
Suzuki Motor has suspended production of its best-selling Swift series, excluding the Sport variant, at its Japanese plant starting May 26, 2025, as China's tightening of rare earth metal exports reverberates across the global automotive sector
Huawei's cloud division said its Pangu large language model achieved a breakthrough in training architecture with a new "Mixture of Group Experts" technology that outperforms competing methods in efficiency and resource allocation