US President Donald Trump is set to impose a 25% tariff on imported cars and related parts in April and May. In response, Canadian Prime Minister Mark Carney has vowed to defend the nation’s sovereignty. Ontario Premier Doug Ford, whose province is home to North America’s only cluster of five automotive manufacturers and eight assembly plants, has threatened retaliation. The province also houses engine and transmission factories, making it a key player in the region’s automotive industry.

With AI and autonomous learning capabilities promising to reshape industrial manufacturing, leading industrial automation firms Siemens and Rockwell Automation have both recently offered their insights into the Industry 4.0 era.

The South Korean government recently announced a collaboration with Samsung Electronics, SK Hynix, and DB Hitek to enhance the operational quality of the national public foundry platform, MoaFab, through advanced manpower, equipment support, and other resources.

SMIC released its fourth-quarter and full-year 2024 financial results on March 27, reporting record revenue and wafer shipments. However, profitability declined amid persistent US export controls and reduced investment income. Net profit attributable to shareholders dropped more than 20% year-over-year.