China has announced a major shift in its new energy vehicle (NEV) purchase tax policy, signaling a new phase for the nation’s electric vehicle (EV) market. Starting January 1, 2026, NEV buyers will lose full tax exemption but still benefit from a 50% reduction.

Buima reported steady revenue growth in October 2025 as orders for green energy and construction projects advanced. The company is accelerating its expansion into renewable energy, developing next-generation energy storage and management systems to strengthen its market position and capture international opportunities.

SK Hynix is reportedly developing a new hybrid memory platform that combines mobile DRAM and NAND flash to accelerate on-device artificial intelligence in smartphones and tablets, according to Korean industry media, including ET News and G-ENews.

As the Southern Taiwan Science Park (STSP) becomes more saturated with semiconductor industrial land, the National Science and Technology Council (NSTC) is accelerating land development to meet TSMC’s expansion needs. A comprehensive pollution remediation plan has been implemented with an investment of NT$57.011 billion (US$1.8 billion). On November 5, 2025, the Environmental Impact Assessment (EIA) committee approved the project to enter its second phase. The project will transform heavy industrial land into a green, sustainable ecological science park by reactivating contaminated land.