Cooling module manufacturer Microloops’ initial public offering application passed the Taiwan Stock Exchange’s listing review committee on June 3, 2025. However, the case still requires approval from the Taiwan Stock Exchange board of directors. The company is applying for a capital amount of NT$600 million (US$18.5 million), focusing primarily on the research and manufacturing of high-performance cooling solutions. Its products are widely used in cloud AI computing centers, computers and graphics cards, automotive control systems, and new energy vehicles.

Leading US artificial intelligence experts Fei-Fei Li and Andrew Ng have voiced strong concerns over the Trump administration’s proposed 2026 budget, warning that sweeping cuts to public education and basic scientific research could weaken the country’s long-term competitiveness in technology and innovation.

Teco held its annual shareholders meeting on June 3, 2025. Chairman Morris Li stated that in the face of global economic and market uncertainties, the company would continue to adhere to a dual-axis strategy of innovation and sustainability. It aimed to deepen its energy-saving and carbon reduction initiatives and advance toward becoming a core driver of global electrification, intelligence, and green energy development.

South Korea had been navigating six months of political turbulence following former President Yoon Suk-Yeol’s brief imposition of martial law late last year – a move that triggered the nation’s worst constitutional crisis in decades. With Yoon officially impeached in April 2025, a snap presidential election was called. This election was largely seen as a verdict on his predecessor’s actions.