Advantech reports 18% YoY revenue growth in June, driven by strong performance in US, Europe, and emerging markets

Despite significant exchange rate fluctuations in June, Advantech recorded consolidated revenue of NT$5.838 billion (approx. US$201 million) for June 2025, representing an 18.39% year-over-year increase. Cumulatively, Advantech’s consolidated revenue from January to June 2025 reached NT$35.187 billion, marking a 23.36% year-over-year growth.

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China Resources takes control of Konka in bid to forge chip-to-device tech giant

In June 2025, China’s State Administration for Market Regulation (SAMR) approved China Resources (CRC)’s acquisition of Konka Group without conditions, marking a key move in CRC’s expansion into consumer electronics and semiconductors. With the deal now confirmed, the focus shifts to CRC’s biggest hurdle: reviving Konka’s underperforming business through innovation and restructuring.

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Ennostar divests Kfes Lighting in strategic pivot to high-growth sectors

Ennostar, through its subsidiary Epistar JV, announced Monday that it will divest its entire stake in Kfes Lighting, as part of a broader strategic shift to streamline its operations and sharpen its focus on high-growth sectors. The transaction, valued at US$35.73 million, was approved by Ennostar’s board and is expected to improve the group’s financial flexibility.

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South Korea seeks US tariff extension, proposing manufacturing partnership

South Korea is seeking to extend a looming tariff grace period tied to US President Donald Trump’s reciprocal tariff policy. South Korea’s Trade Minister Yeo Han-koo traveled to Washington last week to present what officials describe as a “technology-driven framework” aimed at reshaping the conversation around tariffs into one of strategic industrial cooperation.

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