Foxsemicon Integrated Technology Inc. (FITI), a subsidiary of Foxconn specializing in semiconductor equipment, is expanding its footprint in Thailand with a THB10.5 billion (approx. US$311 million) investment. Approved by the Thailand Board of Investment (BOI), this initiative aims to bolster Thailand’s semiconductor industry, which is rapidly becoming a regional hub for advanced manufacturing.

Samsung Display (SDC) recently announced its routine personnel changes, naming Vice President Joohyung Lee as the new head of its most profitable division, the small- and medium-sized display sector. Chung Yi, the previous head of this unit, has been promoted to president and will now serve as SDC’s president, as highlighted by The Korea Herald.

The European Union’s newly imposed tariffs on Chinese electric vehicles (EVs) are sending a ripple of concern through the global auto industry. In response, BYD, the top EV manufacturer in China, has announced plans to manufacture its Dolphin and Atto 3 models in Europe by 2025, a move aligned with its global expansion strategy.

Samsung Electronics has reportedly initiated a large-scale personnel reshuffle, reallocating engineers to its next-generation semiconductor hub in Pyeongtaek. However, the company denied these claims, stating they are unfounded.