Taiwan’s total machine tool exports dropped 14.8% year-over-year to US$2.218 billion in 2024, prompting the government to introduce measures aimed at revitalizing the industry. The Industrial Development Administration (IDA) under the Ministry of Economic Affairs (MOEA) has included machine tools as a demonstration case in its “Pilot Program for Promoting the Introduction of Generative AI in Various Industries,” aiming to address four major pain points plaguing Taiwan’s machine tool industry.

HTC has secured a US$250 million deal with Google for the non-exclusive rights to its extended reality (XR) patents. In exchange, the tech giant will receive a portion of HTC’s research and development personnel.

Smartphone AP shipments to Chinese brands will rise slightly by 0.6% sequentially in the first quarter of 2025 as off-season is unlikely to have a major influence.