Automotive connector manufacturer Hu Lane faced significant profitability challenges in the second quarter of 2025 due to the traditional industry off-season and severe exchange rate volatility. The company reported weaker-than-expected profit performance during this period, with most industry players similarly affected by sharp currency fluctuations. Hu Lane chairman Tzu-hsiung Chang noted the compounded impact of short-term exchange rate swings on the supply chain’s performance, causing losses across the sector.

Sanyang Motor held its shareholder meeting on June 26 to issue its financial report for 2024. The company’s two-wheel and four-wheel business segments both saw growth throughout the year, according to chairman Ching-yuan Wu, who stressed that the company’s core principles of quality, service, and innovation will continue to drive its operations amid external competition.

US semiconductor giant Nvidia has recruited two leading artificial intelligence (AI) specialists from China as part of its ongoing efforts to broaden its research team, according to a report by the South China Morning Post on June 29.

Reliance Jio, India’s largest wireless operator by subscribers, is projected to overtake global competitors to become the largest fixed wireless access (FWA) service provider by subscriber count by the end of the second quarter 2025, according to ICICI Securities, cited by the Economic Times. The telecom company’s rapid subscriber growth has placed it ahead of rival Bharti Airtel and US-based T-Mobile.