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

OpenAI has partnered with the Indian government's IndiaAI Mission under the Ministry of Electronics and Information Technology to launch OpenAI Academy India, the first international rollout of its education platform, according to Mint, Business Today, and Business World

Reuters, citing unnamed sources, reported that Apple has entrusted Tata Group with handling after-sales repairs for iPhones and MacBooks in India, marking a significant expansion of the Indian conglomerate's role in the US tech giant's supply chain. The move reflects Apple's increasing reliance on Tata as it seeks to diversify beyond China and deepen its manufacturing and service operations in India

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 is reportedly in talks with companies to create long-term stockpiles of rare earth magnets and boost domestic production through fiscal incentives as it scrambles to secure critical materials amid China's tightening export controls, according to people familiar with the matter

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

India-based Semicon Fab Technologies has proposed establishing a common semiconductor research and development facility modeled on Taiwan's ITRI (Industrial Technology Research Institute) in Gujarat's Dholera region, aiming to support the country's fledgling chip ecosystem

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

South Korea's newly elected President Lee Jae-myung has unveiled a flagship policy offering up to 10% production tax credits for semiconductors manufactured and sold domestically, marking a shift from the country's traditional investment-based incentives to output-focused support similar to US measures under the Inflation Reduction Act

The US has issued new export restrictions targeting leading electronic design automation (EDA) firms—Cadence, Synopsys, and Siemens—prohibiting them from supplying software critical to advanced artificial intelligence (AI) chip development in China. The move intensifies Washington's broader tech containment push and directly impacts China's ambitions for semiconductor independence