Xi visits Shanghai to personally oversee China’s AI strategic development

Amid escalating US-China technology tensions, artificial intelligence (AI) has become a central battleground for both nations. Chinese authorities have intensified their focus on the AI sector, with President Xi Jinping visiting Shanghai on April 29, 2025, to inspect innovations and developments in the large model industry, underscoring China’s top-level strategic commitment to advancing AI technology breakthroughs.

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NXP leverages strategic acquisitions and regional strengths to drive long-term growth amid tariff uncertainties

NXP Semiconductors is sharpening its global competitive edge through a series of strategic acquisitions and regionally aligned operations, CEO Kurt Sievers said during the company’s first quarter 2025 earnings call on April 29. He framed the recent acquisitions of Kinara, Aviva, and TTTech Auto as part of a broader offensive strategy aimed at enhancing product differentiation, particularly in the Automotive and Industrial sectors.

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Foxconn reportedly eyes India’s new PLI scheme amid soaring local growth as Tata begins iPhone production at new plant

Foxconn is planning to invest in India through its subsidiary Yuzhan Technology to tap into the newly launched production-linked incentive (PLI) scheme for electronic components, according to The Economic Times, which cites sources familiar with the matter. This move comes amid industry speculation that other major players, such as Dixon Technologies and Tata Electronics, are also preparing to apply for the scheme.

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Intel Foundry executive: customers need more foundry options; Intel strives to earn their trust

Intel is undergoing a major transformation, with its foundry business embodying the “Made in America” mission supported by US President Donald Trump. Naga Chandrasekaran, Intel’s EVP and general manager of Intel Foundry Technology and Manufacturing organization at Intel, stated that integrating customer feedback into technology development and fostering close collaboration will be central to Intel’s future growth.

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Gogoro’s battery bet faces market test as it restructures and regroups

After becoming Taiwan’s first unicorn to go public in the US, Gogoro—the electric scooter company known for its sleek design and battery-swapping model—has struggled to maintain investor confidence. The company recently filed to transfer its listing from the Nasdaq Global Select Market to the Nasdaq Capital Market, a move typically seen as a step-down. Though 2025 may have started with a stumble, some in the company’s supply chain say the year could yet hold promise.

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