Chang Ascending Enterprise Co. (CAEC) reported a record consolidated revenue of NT$61.15 million (US$2.04 million) for May 2025, buoyed by growing demand for lithium iron phosphate (LiFePO4) battery modules used in uninterruptible power supply (UPS) systems. The company credited the milestone to the start of mass production validation for UPS battery modules and battery management systems (BMS) supporting next-generation semiconductor manufacturing facilities.

Industrial PC (IPC) maker Avalue Technology held its annual shareholders’ meeting on June 10, 2025, reaffirming its steady growth outlook for 2025 despite ongoing exchange rate volatility. Chairman Li-chi Liu noted that while tariffs have a limited impact on the IPC sector, fluctuating currency rates remain a common challenge for industry players. Nonetheless, he expressed confidence in continued expansion driven by robust demand in key application areas, particularly smart healthcare.

OpenAI plans to onboard Google Cloud—part of Alphabet Inc.—as one of its computing infrastructure providers to meet surging demand for AI workloads, according to sources familiar with the matter. The agreement was finalized in May.