Below are the most-read DIGITIMES Asia stories from July 7 to July 13, 2025. This week's top three highlights include China’s semiconductor ambitions facing setbacks as Jiangsu Advanced Memory Semiconductor cancels its restructuring amid investment delays. Meanwhile, MediaTek gains ground on Qualcomm in China’s premium smartphone market, signaling a notable industry shift. The US-China semiconductor standoff shows signs of tactical maneuvering, with both sides testing political and economic limits.
A sweeping Republican-sponsored bill informally dubbed the "One Big Beautiful Bill Act" has cleared both chambers of Congress and now awaits President Donald Trump's signature. Once signed into law, it will repeal the Inflation Reduction Act (IRA), a cornerstone of former President Biden's climate and clean energy agenda, effectively marking the end of a short-lived era of generous federal subsidies for electric vehicles and renewable energy.
Despite a modest end-of-quarter boost in June, Chicony Power's high-end shipments remained subdued amid unresolved US tariff issues and currency headwinds.
Rare earth elements—critical to electric vehicles, defense systems, and advanced electronics—are once again at the center of geopolitical tensions. China, which controls more than 90 percent of the world's rare earth refining and processing capacity, continues to wield outsized influence over global supply.
