BYD’s financial report reveals a 30% year-over-year decline in profit for the second quarter of 2025. This drop not only fell short of market expectations but also marked the first decline since 2021, underscoring how intense price competition in China’s automotive market is affecting even industry leaders.

South Korea recently hosted the second annual Social Value Festa, exploring ways to design a sustainable future. The event attracted over 300 major corporations, social enterprises, and venture capital firms, including SK Group, Kakao, and LG Chem. Leading companies showcased solutions leveraging artificial intelligence (AI) and other emerging technologies to address pressing social challenges.

Government agencies in Taiwan have taken measures to foster innovation and entrepreneurship in recent years, with the National Science and Technology Council (NSTC), Ministry of Economic Affairs (MOEA), and National Development Council (NDC) offering subsidies and guidance to foster more US$1 billion unicorns and accelerate industrial transformation into knowledge and applied services. Yet many of these startups have failed to rise out of the doldrums: even though their founders have vanished, these companies still exist in name only without being dissolved.

Dosilicon Co. has doubled down on Lisuan Technology, a Chinese GPU startup with no revenue but soaring investor attention. The Shanghai firm raised CNY500 million (US$70 million) in new funding, lifting its valuation to CNY4.21 billion.