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Friday 6 June 2025
Flex partners with MIT to advance the future of US manufacturing

Global manufacturing and supply chain solutions provider Flex announced on June 5 a strategic collaboration with the Massachusetts Institute...

Friday 6 June 2025
GlobalFoundries plans major expansion of Dresden chip fab with EUR1.1 billion investment
US-based chipmaker GlobalFoundries is preparing a major expansion of its wafer fabrication facility in Dresden, Germany, which is currently the largest such plant in Europe. Citing...
Friday 6 June 2025
LG Display repays loan early, announces KRW700 billion OLED investment push
LG Display (LGD) has announced the early repayment of a KRW1 trillion (approximately US$736 million) loan from parent company LG Electronics, alongside plans to invest KRW700 billion...
Friday 6 June 2025
Largan chair addresses software dispute, announces board reshuffle and R&D boost
Largan Precision held its annual shareholders' meeting on June 6, 2025, chaired by Chairman Enping Lin. Lin directly addressed concerns about an ongoing software licensing dispute...
Friday 6 June 2025
Largan cautious on 2H25 outlook, highlights developments on robots, foldable phones, and smart glasses
Largan Precision held its annual shareholders' meeting on June 6, with chairman Enping Lin offering a candid view of the global economic outlook and updates on the company's progress...
Friday 6 June 2025
India reportedly mulls rare earth magnet stockpiles, incentives to counter China export curbs
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...
Friday 6 June 2025
China's rare earth controls put Europe's auto sector on edge
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...
Friday 6 June 2025
DRAM prices unlikely to drop in 2025; Team Group embraces edge AI opportunities
Driven by the established trend of memory manufacturers reducing production, Team Group general manager Gerry Chen stated that memory prices are not expected to decline in 2025. The...
Thursday 5 June 2025
Suzuki halts Swift production in Japan as China's rare earth squeeze hits automakers globally
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...
Thursday 5 June 2025
South Korea's Lee proposes 10% tax credit for domestic chip production
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,...
Thursday 5 June 2025
Russia tests first domestically-powered jet, sanctions-driven localization takes flight
Russia's SJ-100 regional aircraft completed its maiden flight with a domestic PD-8 engine in April 2025, marking a milestone in the country's drive to replace Western components under...
Thursday 5 June 2025
TSMC cautious on High NA as ASML unveils its US$400M chipmaking machine
Kevin Zhang, Deputy Co-Chief Operating Officer at TSMC, recently reiterated the company's cautious approach toward adopting High NA EUV lithography tools, emphasizing that TSMC is...
Thursday 5 June 2025
URE announces layoffs amid solar power production line upgrades
Taiwan-based solar firm United Renewable Energy (URE) is expected to lay off more than 100 employees by the end of 2025 in response to global green energy market and technological...
Thursday 5 June 2025
Weakening demand halts LCD monitor panel price surge
IT panels have been more affected by tariffs than TV panels. Beyond China's "trade-in" policy, stimulating some inventory buildup, certain brands in North America continue to increase...
Thursday 5 June 2025
CXMT's surprise HBM3 sprint puts Samsung, SK Hynix on alert
China's CXMT is accelerating its development of high-bandwidth memory (HBM) and DDR5 chips, mounting a direct challenge to the global DRAM dominance of Samsung Electronics and SK...