Samsung’s smartphone exports from India dropped sharply in the second quarter of 2025, likely due to the end of its eligibility for the production-linked incentive (PLI) scheme. Meanwhile, Apple’s iPhone exports to the US are surging under the same scheme, even as Samsung gains US market share through Vietnam production.

Toyota Motor plans to begin electric vehicle (EV) production in Europe by 2028, marking a significant expansion of its global EV manufacturing strategy. The company announced that its subsidiary in the Czech Republic will produce approximately 100,000 EVs annually, making it Toyota’s first EV production hub in Europe and its fourth globally, following facilities in Japan, the US, and China.

Samsung Electronics is accelerating the resumption of construction at the fourth phase (PH4) of its Pyeongtaek Campus Line 4 (P4) in South Korea, where construction was halted last year. The urgency stems from Samsung’s need to mass-produce its 10nm-class sixth-generation DRAM (1c DRAM). Samsung plans to begin preliminary work in August 2025 to ensure the smooth commencement of official construction in November.