Samsung Electronics and SK Hynix are poised to benefit from Washington’s reported decision to allow Nvidia to resume exports of its lower-tier H20 artificial intelligence chips to China, which contain the South Korean companies’ high-bandwidth memory (HBM) components.

Xiaomi has overhauled its Africa leadership team as part of an aggressive regional push. Liu Shequan has been named general manager of the Africa regional department and head of the West Africa division, reporting directly to Lin En, general manager of the international sales department.

President Donald Trump has reached a new tariff agreement with key US trade partners, including the European Union, Japan, and South Korea, setting a unified reciprocal tariff rate of 15% that for the first time includes automobiles and auto parts. The policy, which took effect on August 7, 2025, could deliver a significant boost to foreign carmakers and suppliers operating in the US, but uncertainty lingers.

The global electric vehicle market is increasingly dominated by three major regions: China, Europe, and the United States. While China’s EV ecosystem—including vehicle sales and charging infrastructure—continues to accelerate, Germany faces setbacks due to underused public charging stations. In the United States, however, a dramatic policy reversal under President Donald Trump is threatening to unravel recent federal efforts to build a more equitable and accessible charging network.