Taiwan Cement partners with three major players to form Europe’s largest EV charging alliance

Taiwan Cement’s (TCC) European subsidiary, Atlante, which focuses on energy storage and electric vehicle (EV) fast-charging services, has announced the establishment of Spark Alliance in collaboration with three leading charging service providers: France’s Electra, the Netherlands’ Fastned, and Germany’s Ionity. This new alliance is currently the largest and most comprehensive EV charging station coalition in Europe.

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Trump’s tariffs trigger market turmoil: TSMC plunges 13.56%, Foxconn falls 18.57%, Wiwynn bucks trend

US President Donald Trump’s introduction of “reciprocal tariffs” across various countries has triggered a substantial market upheaval, causing US equity markets to drop sharply over two consecutive trading days and erasing approximately US$6.6 trillion in market value. The shockwaves reached Taiwan’s stock exchange, leading to consecutive declines.

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South Korean firms’ decades-long US cultivation: Shield against protectionism?

On April 2, 2025, US President Donald Trump announced a new round of tariffs, imposing rates as high as 46% on products from Vietnam, 34% on those from China, 32% on Indonesia, and 26% on goods from India—key regions where many South Korean companies have production hubs. This escalation threatens to disrupt the complex global supply chains of these firms. However, for businesses like Hanwha Solutions and OCI, which run solar energy plants in the US, the changing geopolitical landscape could strengthen their competitive position.

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Tariff impact minimal: Hye Technology reports no direct sales to the US

In response to the announcement by the US government on April 2, 2025, regarding reciprocal tariffs, Hye Technology stated that it does not directly sell automation and semiconductor testing equipment to the US market. Consequently, the related tariff policy has no direct impact on its operations, nor has it affected existing orders or shipping arrangements.

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