SK hynix said on August 19 that its board had approved a plan to repurchase and cancel KRW40 trillion (roughly US$29 billion) of its own shares, the largest share buyback and cancellation ever undertaken by a company listed in South Korea.

Vietnam is considering plans to turn Bac Ninh, a major Samsung Electronics manufacturing hub, and Quang Ninh into centrally administered cities as the country builds out its northern electronics, semiconductor and logistics base.

Industry figures and analysts from Taiwan and the United States gathered on August 19 at an international unmanned aerial vehicles (UAVs) forum to discuss how Taiwan can move beyond its traditional role as a components supplier and become a strategic partner in the global drone supply chain. The discussion takes place at a time when drones have become the frontier of warfare, and countries such as the US are looking to build non-China drone supply chains.