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Friday 4 July 2025
Component makers across Southeast Asia await clarity as Vietnam reaches tariff deal with US

US President Donald Trump has unveiled a trade agreement with Vietnam that reduces tariffs on Vietnamese exports to the US from 46% to 20%, while imposing a 40% levy on transshipped goods. Although the full policy details have yet to be released, connector and cable suppliers say the Vietnam deal provides a provisional reference point amid broader uncertainty over regional tariff policies.

Friday 4 July 2025
China-based USI moves upmarket with L10 edge AI server for global clients

Universal Scientific Industrial Shanghai (USI), a China-based electronics design and manufacturing company, has completed delivery of a Level 10 (L10) full-system joint design manufacturing (JDM) project. The lightweight edge AI server, co-developed with a major international client, targets deployment in healthcare, retail, and industrial applications across Europe and North America.

Friday 4 July 2025
China-India rivalry forces Foxconn to rethink manpower strategy
As 2025 begins under President Donald Trump's second term, rising trade tensions and tariffs are pushing regionalized manufacturing. In this context, Foxconn is reportedly recalling Chinese engineers from its Indian operations, highlighting the complex China-India dynamics shaping global industry.
Thursday 3 July 2025
Luxshare to list in Hong Kong as part of global strategy, joins wave of Apple suppliers
Luxshare Precision Industry Co., a key supplier to Apple and a leading player in China's electronics manufacturing sector, plans to issue H-shares and list on the Hong Kong Stock Exchange (HKEX). The initiative aims to support its global expansion strategy, boost access to international capital, and improve corporate governance and transparency.
Thursday 3 July 2025
Foxconn's recall of hundreds of Chinese staff from India iPhone plant siren concerns over Apple's South Asia strategy
Foxconn has instructed hundreds of Chinese engineers and technicians at its iPhone assembly plant in southern India to return to China, according to a Bloomberg report. Sources familiar with the matter said most Chinese employees were notified over the past two months, and more than 300 have already left. Only a limited number of Taiwanese support personnel remain on site.
Tuesday 1 July 2025
Dixon sees order diversification as clients split smartphone volumes among rivals
Dixon Technologies, India's largest EMS provider, is seeing a shift in its smartphone manufacturing business as key clients begin splitting orders with competing suppliers.
Tuesday 1 July 2025
Sharp to divest smartphone camera module business to Foxconn subsidiary for JPY2.4 billion
Sharp announced on June 30 that it will sell its smartphone camera module business, including SAIGON STEC CO., LTD. (SSTEC), to Fullertain Information Technologies Ltd. – B.V.I., a subsidiary of its parent company, Foxconn. The deal is valued at approximately JPY2.4 billion (approx. US$16.6 million) and encompasses the transfer of SSTEC's shares and fixed assets.
Monday 30 June 2025
Kinpo Group adopts cautious stance amid tariff uncertainties, plans capacity expansions
In an earnings call on June 27, 2025, Kinpo general manager Wei-Chang Chen acknowledged that tariff uncertainties have led some clients to adopt a more conservative purchasing approach. However, Chen emphasized that the full impact will only become clear once tariff policies are finalized. Looking ahead to the remainder of 2025, Kinpo aims to maintain full-year performance at levels comparable to 2024, measured in US dollars.
Monday 30 June 2025
Chinese server component exports to US surge despite tariffs, driven by AI server demand and local assembly push
Despite the Trump administration's implementation of high tariffs on Chinese imports without granting China the grace periods afforded to other trade partners, the volume of server components exported from China to the US has continued to rise, driven by increasing demand for AI servers.
Monday 30 June 2025
Mitac Holdings expands North American server production facilities amid AI-driven demand surge
Mitac Holdings Corporation is rapidly expanding its server production capacity in North America, driven by strong demand for artificial intelligence applications. The company recently secured two facility leases in California within a single week to address rising order volumes from cloud customers. Mitac president Billy Ho confirmed that existing production lines are operating at full capacity, emphasizing the robust momentum in server and network product orders.
Monday 30 June 2025
Apple supplier Lens Tech seeks up to US$606M in HK listing
Lens Technology Co., a supplier to Apple Inc., is seeking to raise as much as HK$4.8 billion (approx. US$606 million) in a Hong Kong listing, the latest Chinese company to seek a second trading foothold in the financial hub.
Monday 30 June 2025
India roundup: Taiwanese firm on thin ice over Indian investments
Despite rising investments in India, Taiwanese companies remain cautious, treading carefully as if walking on thin ice.
Friday 27 June 2025
AI smart glasses ignite China's supply chain revolution
AI smart glasses are transitioning from research and development to commercial deployment, triggering the rise of a robust end-to-end supply chain. Spanning chipmakers, optical and acoustic module suppliers, original equipment manufacturers, and brand integrators, the ecosystem is expanding rapidly, reminiscent of the early boom in smartphones and wearables.
Friday 27 June 2025
Xiaomi goes all-in: AI glasses, foldables, EV lead ecosystem launch
Xiaomi unveiled a suite of new hardware on June 26 at its "Human x Car x Home" ecosystem launch, led by its first AI smart glasses and electric SUV. The event highlighted Xiaomi's bold push to reshape China's consumer tech and mobility sectors.
Wednesday 25 June 2025
Xinhao to offload solar arm to Luxshare in related-party deal amid pivot to core ops

Shenzhen Xinhao Photoelectricity Technology said on June 22 that it had signed a Letter of Intent with Luxshare Precision Industry Co. to transfer full ownership of its photovoltaic subsidiary, Xinguang Energy Technology (Anhui) Co. The move is part of Xinhao's broader effort to streamline operations, exit underperforming PV assets, and refocus on core businesses such as glass protection panels and hybrid energy storage systems.

Wednesday 25 June 2025
Taiwanese government approves Foxconn India and US investments
Foxconn has received the Taiwanese government's approval for two major overseas investments, including a US$1.49 billion project in India and a US$735 million data center venture in the US, as the company positions itself to benefit from rising AI infrastructure demand under the US-led Stargate initiative.
Wednesday 25 June 2025
Foxconn develops lighter AI solve to Vision Pro weight issues, unveils semiconductor breakthroughs
Foxconn highlighted Vision Pro's hardware hurdles at an NCHC event, unveiling AI-driven semiconductor innovations to enable lighter AR glasses. The company also outlined efforts in chip packaging, factory automation, and cross-border R&D as part of its 3+3 strategy amid global manufacturing and geopolitical challenges.
Monday 23 June 2025
Jabil to invest US$500 million in US AI and cloud infrastructure
Electronics component manufacturer Jabil has revealed a strategic investment of US$500 million in the US to enhance its customer-facing cloud computing and artificial intelligence (AI) data center capabilities. The company plans to establish a new facility in the southeastern region of the country, with operations expected to commence by mid-2026.
Friday 20 June 2025
Foxconn reportedly to manufacture iPhone enclosures in India, expands Tamil Nadu presence
Foxconn is preparing to manufacture iPhone enclosures in India for the first time, marking a significant expansion of its local operations. According to sources cited by the Economic Times, the company plans to set up a dedicated unit at the ESR Industrial Park in Oragadam, Tamil Nadu, adjacent to its upcoming display module assembly plant.
Thursday 19 June 2025
Wistron chair urges Taiwan to lead in AI, calls it key to future national power
Wistron chairman Simon Lin emphasized AI as a symbol of national power during the opening of the company's global operations headquarters at its Zhubei AI Park in Hsinchu County, on June 19. Lin underscored the urgency for Taiwan to lead in AI applications to secure its future competitiveness.
Thursday 19 June 2025
Wistron opens global HQ in Zhuubei as Taiwan pushes AI partnership with US
Wistron inaugurated its global operations headquarters at the Zhubei AI park in Hsinchu County on June 19, 2025, with Vice President Bi-khim Louise Hsiao in attendance. Hsiao underscored the strength of Taiwan's AI industry and the need for ongoing governmental discussions with the US.
Tuesday 17 June 2025
Foxconn formalizes leadership succession, embraces institutionalized executive model
Leadership succession has become an inescapable issue for Taiwan's corporate giants. At Foxconn, the world's largest electronics manufacturer, the spotlight has shifted from pure technological transformation to a more deliberate and strategic recalibration of executive leadership.
Tuesday 17 June 2025
India to command 20% of global smartphone output in 2025 as shipments to US surge amid tariff
Counterpoint Research forecasts that India will account for one-fifth of global smartphone manufacturing output in 2025, driven by rising exports from major brands like Apple and Samsung, according to the Economic Times, Hindu Business Line, and CNBC. The report comes as global smartphone shipments face renewed uncertainty from potential tariff changes, particularly from the US.
Friday 13 June 2025
VS Industry reports sales decline in 3Q25 amid profit pressure
On June 11, 2025, VS Industry announced its financial results for the third quarter of fiscal 2025, reporting sales of MYR909.4 million (US$214.87 million), down 10% year-over-year from MYR1.01 billion in the same quarter last year. The company's gross profit also fell sharply by nearly 32% to MYR70.9 million, while operating income dropped 44.12% to MYR39.9 million. Net profit declined 56.25% to MYR23.8 million, reflecting mounting pressure on margins and overall profitability.
Friday 13 June 2025
Dixon Technologies, Signify to form 50:50 JV for lighting OEM in India
According to a corporate filing, Dixon Technologies and Signify Innovations India have signed an agreement to form a 50:50 joint venture to manufacture lighting products and accessories in India, aimed at strengthening their OEM capabilities and market presence. The proposed transaction is expected to close by November 30, 2025, subject to regulatory approvals and other conditions.