SK Group chairman meets OpenAI CEO Sam Altman to deepen AI, HBM ties

SK Group chairman Chey Tae-won recently visited OpenAI’s headquarters in San Francisco for a private meeting with CEO Sam Altman, according to reports from South Korean outlets Maeil Business Newspaper and Yonhap News Agency. The visit marks the third known encounter between the two executives, following previous meetings in Seoul in February 2025 and San Francisco in June 2024.

Continue reading

Taiwan rallies industry to fast-track AI robot development with three-phase strategy

As artificial intelligence increasingly converges with robotics, humanoid machines are moving beyond the realm of science fiction and into the spotlight of global technology and investment. Taiwan officially launched its National AI Robotics Alliance on July 22, 2025, a collaborative platform aimed at uniting the island’s industrial strengths and establishing a presence on the global robotics stage.

Continue reading

PSMC reports bigger 2Q25 loss, stronger Taiwan Dollar and weak chip prices offset Tata deal gains

Powerchip Semiconductor Manufacturing Company (PSMC) reported a steeper net loss in the second quarter of 2025, as a stronger New Taiwan dollar and weakening wafer average selling prices (ASPs) continued to weigh on performance. The contract chipmaker posted a net loss of NT$3.33 billion (US$103 million), marking its eighth consecutive quarterly loss, despite contributions from a technology licensing deal with India’s Tata Group.

Continue reading