LG reportedly plans to expand its India manufacturing footprint

New Daily reports that LG Electronics has decided to expand its manufacturing footprint in India, with a major investment of about KRW1.4 trillion (approximately US$1.0 billion) to upgrade its home appliance production facility in Greater Noida. The move comes as LG Group Chair Koo Kwang-mo participates in a presidential economic delegation visiting India and Vietnam, underscoring the strategic importance of the investment timing.

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Restocking, cost pass-through lift Eternal Materials to 1Q26 profit gains

Eternal Materials’s stronger March and first-quarter 2026 results signal resilience across global supply chains of synthetic resins and electronic materials. Rising sales, steady margins, and effective cost pass-through have eased concerns about Middle East uncertainty and raw material availability, while shipment growth and niche product gains point to expanding momentum.

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Chinese automakers use supply chain shifts to bypass US trade barriers

Faced with escalating trade barriers from the US, Chinese automakers are adopting a “buffer route” strategy by using Canada and Mexico as transit points to enter the US market, while also evolving their approach from simply exporting fully assembled vehicles to embedding themselves into complex global supply chains. By deepening their integration from pure manufacturing into technical standards, Chinese automakers are now venturing beyond market expansion, as they compete for leadership and dominance in both manufacturing and technology.

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TSMC 2nm leak case results in NT$150M fine for TEL; company says no confidential data was leaked and discussions are underway

In the trade secret leak case involving TSMC’s 2nm process, the Intellectual Property and Commercial Court ruled on April 27, 2026, that Tokyo Electron (TEL), the equipment supplier involved, must pay a fine of NT$150 million (US$4.8 million), marking the first penalty imposed on a legal entity under the National Security Act.

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