South Korea has laid out an ambitious vision to become a major player in the new space economy, with a long-term goal of landing on the Moon using domestically developed rockets and building a permanent lunar economic base. But as Seoul sketches bold plans reaching into mid-century, the country’s space industry is already confronting growing turbulence — from stalled rocket orders to a quiet exodus of specialized talent.

Nvidia’s H20 chip gets the green light for China after US policy shifts; TSMC breaks records and joins the trillion-dollar club; and Taiwan’s tech community quietly backs a grassroots recall movement tied to democratic and cross-strait concerns.

Powerchip Semiconductor Manufacturing Company (PSMC) reported a steeper net loss in the second quarter of 2025, as a stronger New Taiwan dollar and weakening wafer average selling prices (ASPs) continued to weigh on performance. The contract chipmaker posted a net loss of NT$3.33 billion (US$103 million), marking its eighth consecutive quarterly loss, despite contributions from a technology licensing deal with India’s Tata Group.