As Middle Eastern nations accelerate economic diversification efforts, global attention is turning to the region’s rising profile as a destination for technology investment — a trend further amplified by US President Donald Trump’s recent visit, which resulted in more than US$2 trillion in investment and cooperation agreements across the region.

Global smartphone shipments hit 294.7 billion units in the first quarter of 2025 with volumes in the second quarter to pick up 4.9% on year.

Taiwan Semiconductor Manufacturing Company (TSMC) chairman C.C. Wei addressed key concerns on June 3, 2025, during a shareholder meeting, touching on currency volatility, global trade issues, technology leakage risks, and the company’s strong business outlook. Wei reassured investors that despite near-term macroeconomic pressures, TSMC remains focused on maintaining its technological leadership and expects record-high revenue and profit for the full year 2025.

BOE Technology Group is fast-tracking its 8.6-generation (8.6G) OLED production line in Chengdu, raising red flags for South Korean display makers. Having already ceded LCD leadership to China, South Korean firms now worry their edge in OLED may also be under threat.