Washington has formally approved shipments of Nvidia's H20 artificial intelligence chips to China, a decision widely seen as a strategic compromise shaped by both geopolitical calculations and commercial realities.
On July 18, 2025, in Beijing, China's Minister of Commerce Wang Wentao attended a press conference held by the State Council Information Office on the country's high-quality fulfillment of targets set for the 14th Five-Year Plan period. He announced that on July 17, he met with Nvidia CEO Jensen Huang in Beijing, signaling China's continued engagement with American high-tech companies.
Connector maker CviLux held a groundbreaking ceremony for a new factory in Dongguan's Changping region, as part of the company's plan to accelerate the consolidation of production capacity in China. This comes amid the larger trend for manufacturers to relocate production outside of China due to ongoing tensions between China and the United States.
TSMC lifted its full-year revenue outlook in dollar terms during an earnings call, citing robust demand for high-performance computing chips driven by artificial intelligence (AI) applications. The world's largest contract chipmaker benefits from the ongoing AI surge even as multiple macroeconomic challenges persist.
India's electronics manufacturing services (EMS) sector is gaining momentum amid global supply chain realignment. Kaynes Electronics will invest INR3.52 billion to build a new high-tech facility in Bhopal, highlighting Central India's growing role in the country's push to attract electronics production beyond China.
Leading US glass substrate manufacturer Corning stated that China is the only market outside of the US that has deployed all five of its major business segments. Corning's accumulated investments in China have surpassed US$9 billion, with over 90% of its raw materials sourced locally.
TSMC lifted its full-year dollar revenue forecast and signaled stable second-half orders, providing relief to a supply chain grappling with tariff uncertainties and softening consumer demand.
As the 90-day grace period for reciprocal tariffs ends, the Trump administration has sent tariff notices to trade partners. Effective August 1, 2025, Japan and South Korea will face 25% tariffs; Canada will face 35%; and the EU and Mexico will face 30%. While the negotiation window remains open, at least a 10% tariff is expected, stirring the pot for global tariff uncertainty.
Once celebrated as China's most promising AI agent, Manus has plunged into uncertainty after abruptly shifting its headquarters to Singapore and erasing its digital footprint from Chinese platforms. The abrupt reversal marks a dramatic rise-and-fall arc in under 100 days.
In a stunning about-face that has left the tech industry reeling, US President Donald Trump has abruptly lifted export restrictions on H20 AI chips to China—effectively erasing months of stringent semiconductor sanctions overnight.
South Korea's Ministry of Science and ICT allocated KRW42.6 billion (approx. US$31 million) for physical AI proof-of-concept projects through a supplementary budget, representing the largest portion of the government's 179.3 billion won AI sector funding boost.
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