Frank Lee takes over Co-Tech chairman position, optimistic about AI-driven enterprise upgrades

Taiwan-based niche copper foil material manufacturer Co-Tech held its annual shareholders meeting on June 23, 2025. Chairman Raymond Soong officially stepped down after an 11-year tenure, with current president Frank Lee succeeding him as chairman. The company aims to leverage artificial intelligence (AI) technology to analyze critical process data and accelerate the development of advanced specialty copper foil products.

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US semiconductor tariffs could backfire on American tech giants, claims senior Taiwan official

Taiwan saw an impressive surge in exports during the first months of 2025, driven by increased capital expenditures from US cloud service providers and clients advancing order pull-ins in anticipation of reciprocal tariffs. Going forward, however, semiconductor exports in 2026 and 2027 might be impacted as the US government launches a national security investigation on semiconductors and downstream products under Section 232 of the Trade Expansion Act. A top Executive Yuan official has now noted that US companies would ultimately suffer the most from any tariffs imposed on semiconductors.

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Rising Israel-Iran tensions drive demand for Taiwan’s military power amplifiers

Rising tensions between Israel and Iran have drawn global focus back to the modernization of defense communications and radar systems. This shift is driving sustained demand for military-grade power amplifiers (PAs), positioning Taiwan-based suppliers like Transcom as critical contributors to high-frequency defense applications. Transcom has experienced consistent growth in orders from Israeli clients over the past two years.

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Xiaomi snaps up 120-acre Beijing site to scale EV output

Xiaomi is advancing its electric vehicle ambitions as its wholly owned unit, Xiaomi Jingxi Technology, secures a 50-year lease for a 485,134-square-meter (~119.88-acre) industrial site in Beijing’s Economic-Technological Development Area (BETDA), also known as Yizhuang New Town. The deal, worth CNY635 million (approx. US$88.4 million), was confirmed by the Beijing Municipal Planning and Natural Resources Commission.

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