China and US announce tariff rollbacks and renewed trade talks amid easing tensions
The governments of China and the US released a joint statement on May 12, 2025, announcing a significant easing of trade tensions, with both sides agreeing to roll back certain tariffs and resume high-level consultations aimed at stabilizing economic relations. The move is seen as a strategic effort to de-escalate ongoing trade frictions and reestablish a framework for long-term, mutually beneficial economic cooperation.
Global PMX enters EUV and DUV lithography equipment market, strengthening semiconductor shipments
Taiwan’s 5G ambitions confront limits of homegrown technology
At a high-security inspection of the Evergreen Group’s Seventh Container Terminal on May 7, Chunghwa Telecom’s CTO & SEVP, Chih-Hsiung Huang, acknowledged that limitations in domestic 5G Open Radio Access Network (O-RAN) technology have made it unsuitable for the expansive port environment. As a result, the 5G private network deployed at the terminal continues to rely on base stations provided by Nokia and Ericsson.