Since the start of the trade war between the US and China in 2018, the global industry has been rethinking the need for globalization and regionalization planning. The pandemic has also seriously challenged the previous forms of global labor division. It has accelerated the reshuffling process of the global supply chain, with short chains and regional production becoming the new indicator.

Sony and WS Audiology have teamed up developing hearing aids, planning to make them available in the US market in October. CATL and EVE Energy will supply large cylindrical batteries for BMW’s new cars starting from 2025, and several battery companies are planning to mass produce 46800 batteries. Commercialization of Hyundai’s third-generation fuel cells will be delayed from 2023 to 2027, thanks to technical difficulties and uncertain demand.

The aggressive interest rate hikes of the US Federal Reserve have pushed the dollar index above 111 to hit a 20-year high, triggering an 11.7% depreciation of the Taiwan dollar against the greenback since the beginning of 2022. However, Taiwan semiconductor companies are expected to benefit from a strong US dollar.

SoftBank chairman and CEO Masayoshi Son raised the possibility of a strategic alliance between Arm and Samsung on September 22, according to several media outlets, as falling technology stocks worldwide complicate SoftBank’s ongoing plan to publicly list Arm in 2023. According to Nikkei Asia, Son announced plans to visit South Korea for talks with Samsung regarding the strategic alliance, in a bid to boost the chip design company’s valuation.