Foxtron’s global EV push gains speed—with a mystery U.S. partner set to emerge by year-end

At its May 23 shareholders’ meeting, Foxtron Chairman Young Liu reiterated the company’s goal of achieving profitability by 2029. While still in the red, Liu highlighted the firm’s increasingly comprehensive EV portfolio and expanding partner network as growth catalysts. He added that Foxtron will pursue new collaborations through a variety of strategic engagement models.

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Xiaomi takes aim at MediaTek with 3nm XRing O1 breakthrough

Xiaomi’s launch of the XRing O1 at its “New Starting Point” event in Beijing marked more than just a new chip release—it was a direct challenge to industry giants Apple, Qualcomm, and MediaTek. Backed by over CNY13.5 billion (approx. US$1.87 billion) in R&D across four years, the XRing O1 is Xiaomi’s first successful flagship SoC since the ill-fated Surge S1, signaling a serious shift in the company’s silicon ambitions, as ICsmart and Reuters report.

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Chunghwa Telecom, Askey team up for made-in-Taiwan private networks

Chunghwa Telecom has announced a collaboration with Asus subsidiary Askey Computer to strengthen its enterprise private network solutions with homegrown Wi-Fi technology. The project will integrate Chunghwa Telecom’s self-developed 5G smart network technology with Askey’s Wi-Fi solutions, to create an industry-leading dual-network solution that offers stable, secure, and flexible private networking for enterprises.

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Taiwan’s hydrogen vehicle plans hit regulatory wall

Global sales of hydrogen fuel cell vehicles (FCVs) declined for the second consecutive year in 2024, highlighting the ongoing challenges in developing the hydrogen mobility market. In Taiwan, stringent regulations and complex approval procedures have delayed the launch of hydrogen refueling stations by state-owned CPC Corp and private gas supplier Linde LienHwa, prompting industry stakeholders to call for regulatory relaxation to accelerate adoption.

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