Jim Elliott, a veteran executive who spent over 20 years leading Samsung Electronics’ memory operations in the US, has reportedly exited the company to join rival NAND flash provider SanDisk as Chief Revenue Officer (CRO), according to sources cited by South Korea’s Financial News (Fnnews) and Asian Economic News Agency.

Wistron Corporation reported a record-high monthly revenue in May, exceeding NT$200 billion (US$6.68 billion) for the first time, fueled by robust demand for AI servers. The company expects AI server shipments to sustain triple-digit sequential growth throughout the second quarter, with volumes increasing steadily month over month. Wistron is a major supplier of mainboards for Nvidia’s AI accelerators.

Suzuki Motor has suspended production of its best-selling Swift series, excluding the Sport variant, at its Japanese plant starting May 26, 2025, as China’s tightening of rare earth metal exports reverberates across the global automotive sector.

India has eased land and operational norms in Special Economic Zones (SEZs) to lower entry barriers and spur investment in semiconductor and electronic component manufacturing.