In a significant development for Taiwan-India economic relations, the Allegiance Group has signed a major project cooperation agreement with the government of Telangana state in India to establish the first "I.T.I.P" Taiwanese industrial zone within the state's "Future City"(Net Zero City) project.

AMD CEO Lisa Su is in China to strengthen the company's partnerships with local technology firms. During her visit, she attended AMD's AI PC innovation summit, Advancing AI, in Beijing and is expected to remain in the country for at least a week. She is also set to participate in the China Development Forum on March 23

Industry insiders suggest that since Huawei was placed on the US Entity List in 2019, the company has faced continuous challenges in obtaining related technologies. The license for Windows operating systems for personal computers (PCs) is set to expire in March, raising concerns that ongoing pressure from the US may hinder Huawei's ability to secure a renewal agreement with Microsoft

Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery goals, driving Xiaomi to raise its 2025 EV production target to 350,000 units, highlighting a major push into the automotive market

CATL, the world's largest electric vehicle (EV) battery manufacturer, has agreed to invest up to CNY2.5 billion (approx. US$345.5 million) in collaboration with NIO to expand China's battery-swapping infrastructure

Thailand has approved a more than US$1 billion investment by Sunwoda Electronic to build an electric vehicle (EV) battery plant in the country, marking Sunwoda as the first EV battery manufacturer in Thailand

BYD unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel

Mitsubishi Electric expects revenue from its defense system business to soar to at least JPY600 billion (approx. US$4.03 billion) in fiscal 2031, with its operating profit to more than quadruple, thanks to an increase in spending by the Japanese government to reinforce the country's defense capabilities

Aeon Motor's global market growth, production optimization, and new energy product strategy led to significant financial gains. In the fourth quarter of 2024, revenue was NT$483 million (approx. US$14.66 million), contributing to an annual consolidated revenue of NT$2.29 billion, marking a 6.81% year-over-year increase. In 2025, Aeon Motor plans to strengthen its presence in the two-wheeler market and continue its push into the new energy sector

Copper-clad laminate (CCL) manufacturer Ventec has experienced declining revenue over the past three years but has strategically shifted towards niche specialty materials and high-margin products, progressively boosting its gross margin

Construction material maker Buima saw its gross margin reach 14.56% in 2024, boosted by solid shipments of battery module products and a marked increase in exports of metal construction materials, yet heightened competition in the wall panel market in China led to an overall loss for the year. Going forward, the company hopes to see more positive operations from cost reduction strategies and green products

With competitive pressure increasing in the Chinese market, compounded by various unfavorable factors globally, Tesla China announced on March 17 that it will offer a one-month free trial of its full self-driving (FSD) feature. This initiative is viewed as an urgent measure to stimulate sales in the Chinese market and demonstrates Tesla's effort to enhance competitiveness and reverse declining sales

Recent media reports suggest that Samsung Electronics' ambitious initiative to develop the 1.4-nanometer (SF1.4) process is facing significant challenges. This development could once again place Samsung Foundry in a difficult position

INCJ, a public-private partnership overseen by the Japanese Ministry of Economy, Trade and Industry (METI), has disclosed that it has sold all its shareholding in Japan Display (JDI) via the market, incurring a loss of JPY154.7 billion (US$1.05 billion)

According to the China Association of Automobile Manufacturers, China's automobile export volume reached 5.859 million units in 2024, representing a year-over-year increase of 19.3%. This includes 4.574 million internal combustion engine vehicles and 1.284 million new energy vehicles