The EU’s anti-dumping duties on battery electric vehicles (BEV) imported from China are reshaping the European car market, accelerating the penetration of Chinese plug-in hybrid electric vehicles (PHEV).

Samsung Electronics is under intensifying pressure in its foundry business following reports that AMD has abandoned plans to adopt its advanced 4nm process, SF4X. The decision marks another setback for Samsung, already grappling with low 3nm yields and weakening demand for older process nodes.

Central Bank governor Chin-Long Yang has stepped forward to dispel rumors regarding exchange rate fluctuations, urging the market not to speculate on foreign exchange issues. He stressed the importance of maintaining order and stability in the forex market to prevent adverse effects on the real economy. Yang also highlighted that the Central Bank has detected signs of speculative currency trading by “vultures” and is closely monitoring the situation.