South Korean President Lee Jae-Myung's three-day trip to Washington began with a flurry of business deals, as companies from both countries signed 11 agreements and memoranda of understanding (MOUs) to expand cooperation across strategic industries
With the rapid advancement of AI technology, the global telecommunications industry is entering a new phase of transformation. The development of 6G networks will not merely be an upgrade from 5G, but will focus on network innovation tailored to AI services
South Korea will allocate a record KRW35.3 trillion (approx. US$25.2 billion) to R&D in 2026, up 19.3% from a year earlier. The budget shift underscores a decisive break from the spending cuts under former President Yun Seok-yeol and highlights Seoul's renewed focus on artificial intelligence (AI), renewable energy, and other strategic technologies
China's domestic operating system sector took a significant step forward Monday with the launch of NeoKylin V11, the latest version of its homegrown OS, during the China Operating System Industry Conference held at the Zhongguancun International Innovation Center in Beijing
Japanese Prime Minister Shigeru Ishiba is set to announce a plan to invest JPY10 trillion (approximately US$68 billion) in India over the next decade during a summit with Indian Prime Minister Narendra Modi on August 29, 2025. This initiative aims to boost Japanese private sector expansion into India's AI and semiconductor industries, according to multiple reports, including Nikkei and NHK
Huawei will debut its self-developed artificial intelligence (AI) solid-state drive on August 27 at its Lianqiu Lake R&D Center. The company said the device is designed to address the escalating demands of training and inference for large AI models, promising advances in performance, capacity, and cost efficiency
Investment bank Jefferies Group LLC has warned in a memo that China has imposed a sweeping ban on Nvidia's H20 AI GPUs, blocking domestic companies from placing any new orders for the downgraded processors
Lens Technology posted double-digit growth in the first half of 2025, driven by recovering consumer electronics demand and expansion into fast-growing segments including automotive, AI wearables, and humanoid robotics
Nikon Corporation has announced the closure of its Yokohama Manufacturing Plant on September 30, 2025. The company's personnel and operations from the site will be relocated to other facilities, with minimal impact expected on Nikon's 2025 financial results
South Korea's Doosan Corporation Electro-Materials is significantly increasing its investment in copper-clad laminate (CCL) equipment amid growing competition from Taiwanese suppliers. According to a report by South Korean outlet ZDNet Korea citing industry sources, the company's capital expenditure for 2025 is expected to more than triple from 2024, reaching approximately KRW86.4 billion (US$62 million)
At the KORUS Business Roundtable held after the South Korea-US summit, key political and business figures from both countries gathered to lay the groundwork for a technology alliance, aimed at deepening their long-term military alliance and trade relations
Samsung Electronics' Device eXperience (DX) Division acting chief Roh Tae-moon unveiled a new AI-focused "2030 Strategy," pledging to reshape the unit into a fully AI-driven company. He outlined the plan at DX Connect 2025, his first division-wide town hall since taking charge in April 2024
Luxshare Precision Industry Co. delivered robust first-half 2025 results, underscoring resilience from a consumer electronics recovery and its expanding diversification strategy. The Apple supplier booked revenue of CNY124.5 billion (US$17.41 billion), up 20.2% year-over-year, while net profit climbed 23.1% to CNY6.64 billion. Gross margin rose to 11.6%, up 0.4 percentage points, reflecting a stronger product mix and tighter cost discipline
Under strict US containment policies, many Taiwanese companies engaged in business with the US opt to remain silent about their relationships and procurement activities with Chinese firms to avoid drawing attention from the US government. Premier Jung-Tai Cho of the Executive Yuan noted that the US places significant importance on economic security. He stated that any claims suggesting Taiwan is "closely integrated" with the Chinese supply chain could be harmful to Taiwan's external negotiations
Goertek Inc., a major Apple supplier and leading contract manufacturer for AR/VR hardware, reported mixed first-half 2025 results, highlighting improved profitability and growing opportunities in next-generation AI-enabled devices