Global supply chain: Advanced economies

Advanced economies news coverage

IN THE NEWS

Tuesday 8 July 2025

Local OTT platforms growing strong in Taiwan market despite international rivalry

Taiwan's top-three telecom service providers remain highly competitive in the local over-the-top (OTT) market, delivering impressive results in the first half of 2025 despite keen...

Tuesday 8 July 2025

Taiwan's Thunder Tiger sees record revenue on US drone pivot

Thunder Tiger Technology posted record monthly revenue in June 2024 as the Taiwanese manufacturer capitalized on Western military buyers seeking alternatives to Chinese-made unmanned...

Tuesday 8 July 2025

TiSPACE VP01 suborbital rocket launch postponed until July 12 due to typhoon

The test launch of the VP01 suborbital rocket by private Taiwanese rocket manufacturer and launch service provider Taiwan Innovative Space (TiSPACE) scheduled for July 6, 2025, at...

Tuesday 8 July 2025

LG's provisional 2Q25 financial report shows profit plunge of 46.6% after tariff hit

LG Electronics' performance in the second quarter of 2025 fell short of expectations. According to its recently released provisional financial results, operating profit dropped significantly...

Tuesday 8 July 2025

GE Vernova's 1.3GW Taiwan gas plant starts operations

General Electric's power unit GE Vernova said a new 1.3-gigawatt gas-fired unit at Taiwan Power Co.'s Hsingta plant began commercial operations, marking a shift away from coal generation...

Tuesday 8 July 2025

Japan to conduct experimental rare earth mining near Minami Torishima to prevent geopolitical supply disruptions

The Japan Agency for Marine-Earth Science and Technology (JAMSTEC), under the Ministry of Education, Culture, Sports, Science and Technology (MEXT), will begin experimental drilling...

Tuesday 8 July 2025

D-Link breaks through in Japan's demanding networking market

Known for its high technical barriers and stringent quality standards, Japan's networking equipment market has long posed a challenge...

Tuesday 8 July 2025

Advantech reports 18% YoY revenue growth in June, driven by strong performance in US, Europe, and emerging markets

Despite significant exchange rate fluctuations in June, Advantech recorded consolidated revenue of NT$5.838 billion (approx. US$201 million) for June 2025, representing an 18.39%...

Tuesday 8 July 2025

Taiwan energy storage firm targets Asia expansion with AI trading platform

HD Renewable Energy's Star Exchange unveiled its "Power Bank" platform this month, integrating AI trading technology to bring financial market mechanisms to electricity services across...

Monday 7 July 2025

CipherLab sees AI boosts orders; sets up Japanese subsidiary to expand operations

CipherLab, a manufacturer of automatic identification and data capture (AIDC) solutions, performed well in the first half of 2025, benefiting from large-scale orders from domestic...

Monday 7 July 2025

Taiwan chip giants face green power crunch as prices surge

Taiwan's semiconductor companies are caught between soaring electricity costs and urgent renewable energy demands, creating a supply-demand mismatch that's driving green power prices...

Monday 7 July 2025

South Korea seeks US tariff extension, proposing manufacturing partnership

South Korea is seeking to extend a looming tariff grace period tied to US President Donald Trump's reciprocal tariff policy. South Korea's Trade Minister Yeo Han-koo traveled to Washington...

Monday 7 July 2025

Nissan reportedly in talks with Foxconn to explore electric vehicle production at Oppama plant

Nissan Motor is engaging in discussions with Taiwan's Foxconn to potentially use its Oppama plant in Kanagawa Prefecture for electric vehicle (EV) production. This move forms part...

Monday 7 July 2025

Taiwan IPC makers bet on AI agents to drive edge computing boom

Taiwan's industrial PC manufacturers see AI agents as the catalyst for widespread AI adoption, expecting the application market to expand significantly over the next two years as...

Monday 7 July 2025

Samsung's 1H25 performance incentive rates: Samsung foundry bonus drops to 0

Samsung Electronics' Device Solutions (DS) division, which oversees its semiconductor operations, has capped its performance bonus for...

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