RichWave turns to non-China markets amid sluggish Wi-Fi 7 growth

Radio frequency front-end chipmaker RichWave held its earnings call on August 1, 2025, and shared its outlook for the coming months. In the second quarter, RichWave posted a loss mainly due to the appreciation of the New Taiwan dollar and the slower-than-expected penetration of Wi-Fi 7. For the second half of the year, the sluggish performance in the Chinese market is the main reason Wi-Fi 7 adoption has fallen short of expectations.

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LG Electronics reportedly revives India IPO plan with scaled-down valuation amid market uncertainty

LG Electronics is reportedly preparing to revive the initial public offering (IPO) of its Indian subsidiary, months after shelving the plan due to market volatility. According to South Korean Financial News, the company has resumed discussions with local investment banks, but the scale of the offering has been significantly reduced.

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EV adoption stalls in Taiwan as net-zero targets quietly recede

Since early 2025, Taiwan’s real estate and auto markets have been sluggish, with car sales in a prolonged downturn. Though the government once set ambitious electric vehicle (EV) adoption targets under its 2050 net-zero carbon roadmap—including EVs accounting for 10% of all new car sales and 20% of motorcycles by 2025—those goals have since been quietly softened. As of 2024, Taiwan has fallen significantly short: EVs represented just 8.3% of new car sales and electric scooters 10.5%.

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