Chinese tech firm Huawei Technologies Co.’s push into the electric vehicle market has received another boost, after an investment valued its auto solutions company at RMB 115 billion (US$16 billion).

Whether AI-powered smartphones will trigger a new wave of device upgrades has garnered significant attention across various sectors. Taiwan’s wireless communication testing specialist, Sporton International, is particularly optimistic about the potential business opportunities and gross margin growth driven by the upcoming hybrid AI trend.

Chinese offshore wind turbine manufacturers are leveraging their cost advantage to capture global market share, posing a serious threat to European competitors like Siemens Gamesa and Vestas. This aggressive pricing strategy is sparking debates over the localization of offshore wind manufacturing in Europe, the US, and across Asia-Pacific. Meanwhile, Taiwan is facing scrutiny from the European Union and the World Trade Organization (WTO) over its localization policies.

Taiwan’s Shinkong Synthetic Fibers Corporation (SSFC), keen on product diversification to mitigate market risks, is expanding into the semiconductor and automotive sectors while maintaining 100% capacity utilization across all product lines, according to General Manager Chin-da Ou.