This Asia tech industry summary will mainly focus on Samsung Electronics announcing new leadership for its Device Solutions (DS) division; Mitsubishi Electric planning to set up a new plant for factory automation (FA) equipment in India for products exported to Southeast Asia and Europe; and BYD surpassing Volkswagen to become the world’s third most valuable automaker.

As global warming receives global attention, curbing greenhouse gas is both a responsibility and pressue for companies. This pressure, which promises to gradually become cost and risk in the future, is now an important part of a company’s business strategy. TSMC’s senior vice president for Europe and Asia, Lora Ho, is the chair of the company’s ESG committee. Ho is a former chief financial officer and is very familiar with cost structures and business conditions, which I think is why she was appointed to this important position.

Intel has announced the availability of the Intel Arc A380 graphics processing unit (GPU), the first of its Arc A-series 3 graphics desktop products, providing mainstream gamers and content creators with a new option.

China-based automakers are striving for government subsidies for new energy vehicles (NEVs) as the subsidy program is drawing to an end this year, according to industry sources.