WeMo bets on asset-light, open-platform model to scale Taiwan’s MaaS ecosystem and drive growth for the next decade

Approaching its 10th anniversary, Taiwan-based shared mobility company WeMo Scooter is doubling down on an open-platform strategy to cement its position in the Mobility-as-a-Service (MaaS) market. Powering nearly 10 million rides annually, the company is expanding its cross-platform ecosystem and partnership network to capture new users while avoiding the capital-intensive path of vehicle manufacturing.

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Kaori’s Kaohsiung plant targets 2027 output for AI cooling and green energy demand

Kaori Heat Treatment held a groundbreaking ceremony for its new plant at Kaohsiung’s Ciaotou Science Park on June 23. Chairman Dr. Allen Wu led the management team at the event, joined by government representatives and industry partners. Total investment in the Ciaotou Science Park plant is expected to be capped at NT$3.25 billion (approx. US$103 million), making it Kaori’s largest production base, with a development scale exceeding the combined size of its existing sites.

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Smartphone demand and chip supply pressures cloud 2H26 peak season outlook

Market sentiment toward the smartphone industry remains subdued. On the demand side, global smartphone sales have declined for several consecutive weeks during the second quarter of 2026, with only Apple and Huawei showing relative resilience thanks to their strong brand appeal. On the supply side, chip shortages continue to intensify, expanding beyond memory products to include both advanced-node and mature-node semiconductors.

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Chinese Premier Li Qiang puts China’s advanced manufacturing agenda on display before Summer Davos

Chinese Premier Li Qiang will attend Summer Davos 2026, to be held from June 23 to 25 in Dalian, Liaoning province. The forum, formally the Annual Meeting of the New Champions, will feature a speech by Li. Ahead of the event, Li visited Dalian on June 22 to inspect local heavy industry and advanced equipment manufacturers, signaling China’s continued policy support for advanced manufacturing.

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