Yageo again extends Shibaura tender deadline ahead of crucial Taiwan talks

Yageo has extended the deadline for its tender offer to acquire Japan’s Shibaura Electronics for a fifth time, citing ongoing regulatory review under Japan’s Foreign Exchange and Foreign Trade Act. The Taiwan-based passive components giant now expects to complete the share acquisition by August 1, 2025, according to a company statement released on July 15.

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South Korean AV startup brings self-driving shuttles to Singapore with Grab

As autonomous vehicle (AV) companies worldwide race to accelerate commercialization, Singapore has established itself as a premier proving ground for self-driving technology. South Korean autonomous shuttle startup Autonomous A2Z has seized on Singapore’s robust regulatory framework and advanced infrastructure to launch its first overseas operation, partnering with ride-hailing giant Grab to deploy self-driving shuttle services on public roads in Singapore’s bustling downtown.

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Trump cuts Indonesian tariff to 19% after securing billions in purchase commitments

US President Donald Trump announced a new trade agreement with Indonesia on Tuesday, establishing a 19% tariff on goods imported from the Southeast Asian nation into the United States. This rate represents a significant reduction from an earlier threat of a 32% tariff, signaling a partial de-escalation of trade tensions as the Trump administration continues to push for what it views as more favorable terms with trading partners.

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ASML posts strong results, eyes growth amid China curbs and tariff concerns

ASML reported robust second-quarter earnings, with sales rising 23% year-over-year to EUR7.69 billion (US$8.94 billion), driven by upgrade demand and cost efficiencies. While tariff impacts were milder than expected, the company remains restricted from selling its top-tier EUV tools to China, despite signs of easing geopolitical tensions and renewed chip shipments by US rivals.

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Samsung, S&S Tech advance EUV mask localization to reduce reliance on Japan’s Hoya

Samsung Electronics is accelerating efforts to localize the production of extreme ultraviolet (EUV) blank masks in South Korea through a collaboration with domestic partner S&S Tech. The goal is to pass final quality certification by the second half of 2025, marking a critical milestone in South Korea’s push for greater self-sufficiency in next-generation semiconductor materials.

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EV disputes remain a roadblock to EU-China relations

As the European Union and China prepare to celebrate the 50th anniversary of their diplomatic relations with a high-level summit in Beijing at the end of July 2025, the atmosphere behind closed doors is far from festive. The main issue at hand is the tariffs on Chinese electric vehicles (EVs), which have become a contentious point in the increasingly complex trade relationship between the EU and China.

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