China’s central government has approved Shanghai’s plan to build 29 gigawatts of offshore wind capacity, as the city works to cut emissions to meet Beijing’s ambitious climate targets.

Although still leading in OLED panel production globally, South Korea now faces a fierce challenge from China’s rapidly advancing display panel industry and this shift has sent shockwaves through South Korea’s tech sector, prompting urgent calls from Korean experts for government support and increased investment to maintain its competitive edge.

Recent rumors suggest that Apple is conducting research and development for its first “foldable iPhone,” with a potential release targeted for 2026. Industry sources believe that if Apple officially enters the foldable smartphone market, it could pose a significant challenge to current market leader Samsung Electronics while also potentially expanding the overall market.