SoftBank Group Corp. founder Masayoshi Son declared he’s ready to swing for the fences when he makes his next big tech bet, suggesting the Japanese conglomerate is on the cusp of making a major investment in AI.

Affected by the economic downturn, 5G coverage and penetration in Europe have been progressing slower than expected.

South Korea’s leading IC design company, LX Semicon, is reportedly downsizing its Silicon Carbide (SiC) semiconductor R&D operations.

China might move closer to retaliating against the European Union following the bloc’s tariff increase on EVs. In a recent closed-door meeting, Chinese automakers pushed its government to raise tariffs on EU-made gasoline cars with large-displacement engines.