Tesla reportedly appoints India head as sales remain slow under high import duties

Bloomberg, citing unnamed sources, reported that Tesla had named Sharad Agarwal, former head of Lamborghini India, as its country head, signaling a shift toward a more localized strategy after a slow start in the world’s most populous nation. Agarwal, who begins his tenure this week, will oversee day-to-day operations on the ground, replacing Tesla’s prior approach of managing India through a small local team reporting remotely from China and regional hubs.

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China eases trade curbs on US optical fibers, suspends entity restrictions

The Chinese Ministry of Commerce announced on November 5, 2025, that, effective November 10, 2025, it will end anti-circumvention measures on certain cut-off shifted single-mode optical fiber (G.654.C optical fiber) imported from the US. This change means that related products will no longer face anti-dumping duties ranging from 33.3% to 78.2%, restoring their standard import status.

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Advantech maintains strong 3Q25 performance despite rising raw material costs

Advantech, a leading industrial PC manufacturer, reported steady growth in the third quarter of 2025 despite experiencing a slight decline in gross margin caused by rising raw material costs. Consolidated revenue for the third quarter reached NT$17.774 billion (US$570 million), marking a 19% increase year-over-year. The company posted a gross margin of 38.9% and net profit after tax of NT$2.77 billion.

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