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A blockage of the Strait of Hormuz following conflict between the US and Iran is raising energy supply risks for Southeast Asia, with import-dependent economies most exposed. If the conflict continues, the region's recent gains from supply chain shifts could begin to erode.
EVE Energy, one of China's largest battery makers, has reported strong profit growth expectations for the first quarter of 2026, as rising demand for energy storage — fueled in part by the expansion of artificial intelligence infrastructure — continues to reshape the industry.
As concerns over energy security converge with the push for low-carbon transition, energy storage has emerged as a central arena in the global energy shift—and China's companies are moving quickly to claim a larger role.
South Korea has been actively advancing the development of small modular reactor (SMR) technology in recent years. The government, together with Korea Hydro & Nuclear Power (KHNP), is moving forward with next-generation i-SMR standard design certification and site selection for the first plant. Private-sector player Doosan Enerbility is taking the lead in positioning itself in the global SMR contract manufacturing market, backed by its largest-ever order volume.

Industry sources report that the recent supply concerns over semiconductor-grade helium triggered by the US-Iran conflict have eased, as Samsung Electronics and SK Hynix secured long-term contracts ensuring stable access to the critical gas.

EVE Energy, one of China's largest battery manufacturers, said on April 7 that it expected strong profit growth in the first quarter of 2026 as demand for energy storage batteries continued to expand.
Chinese energy storage players are going all in on the AI data center market, as intense domestic competition has caused falling profit margins from traditional storage projects. The booming token economy is changing the role of AI data center energy storage from simply backup power to a core element of computing power.

Prices for gallium arsenide (GaA) substrates — a key material used in power amplifiers for wireless communications — are rising, driven by surging costs for gallium, a critical upstream metal. After months of sustained increases in raw material prices, industry executives say a reversal appears unlikely.

Taiwan-based air conditioner and commercial laundry machine distributor Up Young Cornerstone plans to focus its 2026 operations on two core strategies: group upgrades, and the development of brands and channels. The company aims to deepen its existing air conditioning and commercial laundry businesses while further integrating agency and proprietary brand resources, advancing toward a diversified business model that supports a target of double-digit revenue growth for the year.

The outbreak of war between the US and Iran in late February 2026 has entered its second month, sending shockwaves through global energy and petrochemical markets. Soaring crude oil and liquefied natural gas (LNG) prices are cascading downstream, affecting manufacturers across multiple industries.

Samsung SDI is actively expanding its lithium iron phosphate (LFP) battery material supply chain to capture opportunities in the US energy storage system (ESS) market, driven by growing demand from AI data centers. The company is procuring LFP cathode materials from South Korea's L&F while also investing in Fino through a paid capital increase to strengthen collaboration with CNP Advanced Material Technology.