South Korea’s newly elected President Lee Jae-myung has unveiled a flagship policy offering up to 10% production tax credits for semiconductors manufactured and sold domestically, marking a shift from the country’s traditional investment-based incentives to output-focused support similar to US measures under the Inflation Reduction Act.

The US has issued new export restrictions targeting leading electronic design automation (EDA) firms—Cadence, Synopsys, and Siemens—prohibiting them from supplying software critical to advanced artificial intelligence (AI) chip development in China. The move intensifies Washington’s broader tech containment push and directly impacts China’s ambitions for semiconductor independence.

Russia’s SJ-100 regional aircraft completed its maiden flight with a domestic PD-8 engine in April 2025, marking a milestone in the country’s drive to replace Western components under international sanctions.

As many Taiwanese technology companies strive to meet international RE100 and net-zero emissions targets, they are increasingly concerned about the long-term challenge of green energy shortages. In response, GreenRock Energy announced on June 4 the launch of a new joint venture, dubbed Yishi Energy, in partnership with Delta Energy and ZN Energy. The goal is to create an investment platform for solar energy projects and strengthen participation in Taiwan’s green power trading market.