Mitsubishi pulls plug on China engine JV, redirects focus to EVs and ASEAN markets

Mitsubishi Motors has announced the end of its engine production operations in China, effectively terminating its joint venture with local partners. This marks the company’s complete withdrawal from automotive manufacturing activities in the country, following its 2025 exit from full vehicle production. The decision reflects the changing landscape of China’s automotive market amid the growing dominance of electric vehicles (EVs).

Continue reading

Edge AI drives Innodisk Q3 momentum and full year growth

With industrial-control application demand warming up and DDR4 market prices rising, industrial-control memory vendor Innodisk’s operations in 2025 have improved. Revenue has grown for six consecutive months, and the first-half revenue reached a record high. With the third quarter revenue and gross margin maintaining positive growth, the second half of 2025 has a chance to outperform the first half, and full-year 2025 could break a new high.

Continue reading

Powertech reroutes supply chain to Vietnam as high-end PDU nears certification

Powertech Industrial Co. is accelerating its shift to Vietnam, redirecting more than 60% of its procurement budget to mitigate risks tied to escalating US-China trade tensions. With President Donald Trump back in office and Vietnam’s tariff policy now clarified, the company is capitalizing on renewed growth opportunities. Previously stalled orders are gradually resuming amid improved policy visibility.

Continue reading

Trump’s aggressive trade tactics yield mixed global economic signals

President Donald Trump’s aggressive trade strategy, executed alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, continues to reshape international economic relationships. Japan exemplifies this dynamic: after facing a 15% tariff—down from an initial 25%—Tokyo publicly expressed gratitude while committing to US$550 billion in US investments, with America retaining 90% of profits.

Continue reading

What did Japan give up to lower US tariffs?

Japan has pledged to invest US$550 billion in the US economy under a sweeping trade deal unveiled July 22, 2025, aiming to avert steep auto tariffs. The pact expands US access to Japan’s markets across autos, agriculture, and defense while deepening bilateral ties in semiconductors, energy, and critical infrastructure, according to Nikkei, Reuters, and Yomiuri.

Continue reading