Maxell will stop producing square lithium-ion batteries, used in smartphones and gaming consoles, by May 2025 and dissolve its Chinese manufacturing subsidiary, Wuxi Maxell Energy Co., Ltd. The company announced on March 24 that it expects a notable loss of approximately JPY2.8 billion (US$18.74 million) for the fiscal year 2024 due to the closure, reports Nikkei and Jiji.

Taiwan-based China Motor Corporation (CMC), a Yulon Group subsidiary, held an investor conference on March 26, addressing the MG brand’s production status, Taiwan’s potential auto import tariff cuts, and the launch of its upcoming electric commercial vehicle and compact SUV.

Nvidia’s high-end AI server, the GB200, is facing challenges due to technical bottlenecks and material supply issues. Industry sources report that key materials used for chip substrates are in short supply due to insufficient production capacity from Japanese suppliers, raising concerns regarding future shipment schedules. However, Taiwan Glass, a major player in the glass manufacturing industry, recently announced that it has successfully overcome the capacity gap.