16
Apr
16
Apr
CATL posts 33% profit growth, downplays US tariff impact
CATL, China’s dominant battery manufacturer, reported first quarter 2025 revenue of CNY84.7 billion (US$11.7 billion) with net profit reaching CNY14 billion, up 33% year-over-year. During its earnings call, the company minimized concerns about recently imposed US tariffs, citing limited exposure to the American market.
16
Apr
Trump’s auto tariffs create supply crunch as China faces surplus
Trump’s steep 25% tariff on imported vehicles plus an additional 25% border tax on cars from Canada and Mexico has upended the US auto market, creating significant supply constraints and pricing uncertainties.
16
Apr
Display veteran reemerges with record-breaking Micro OLED breakthrough
Veteran display entrepreneur KT Chu, who has launched four ventures and played a pivotal role in the rise of Taiwan’s LCD industry, is back in the spotlight with a new technological milestone. His company, INT, recently developed the world’s brightest Micro OLED display, boasting a brightness of 60,000 nits—twenty times the industry standard of five years ago. The development marks a significant step forward for augmented reality (AR) smart glasses, a sector Chu believes is on the cusp of transformation.
16
Apr
Foxconn elevates US industry push as product chief joins NAM board
As global manufacturing localizes, production shifts to the US are becoming the new norm. Foxconn is aligning with this trend by stepping up efforts to shape a more supportive environment for industrial growth.
16
Apr
Hong Kong tech expo InnoEx features low-altitude economy
The 3rd InnoEx show kicked off in Hong Kong on April 13, 2025, with the low-altitude economy taking center stage. Together with the concurrent 21st HKTDC Hong Kong Electronics Fair (Spring Edition), the exhibitions showcase more than 2,800 companies from 29 countries and regions.
16
Apr
US-China standoff: High likelihood of negotiations amid rising tensions
The US government announced an executive order for reciprocal tariffs on April 2, 2025, imposing additional tariffs ranging from 11% to 50% on 57 countries with significant trade deficits starting April 9. Taiwan’s tariff rate was set at 32%.
16
Apr
China counters US trade pressures with semiconductor raw materials
The escalating trade war between China and the US has led to increased counter-pressure from China. By restricting rare earth exports, subjecting genetically modified agricultural products to national review, and discovering high-purity silicon resources, China is playing its “resource card” to gradually reduce its reliance on imports from the US while enhancing its bargaining power in subsequent negotiations and reshaping supply chain dynamics.
16
Apr
China slams rumored US deep-sea metal stockpile plan as chaotic and destabilizing
The US government reportedly plans to create a stockpile of deep-sea metals to lessen its dependency on China for essential battery metals and rare earth elements. This initiative may involve a draft executive order to expedite deep-sea mining applications in the Pacific Ocean and enhance domestic mineral processing, according to sources cited by the Financial Times and Reuters.
15
Apr
ByteDance reportedly taps suppliers for AI smart glasses in broader XR strategy
ByteDance is reportedly developing its AI-powered smart glasses and has entered talks with suppliers, marking its latest move into the competitive AI hardware market.