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Maersk: The closure of the Strait of Hormuz, East Asian weather conditions, and network congestion have increased fuel, network, and container handling costs.

2026-11-05

Maersk: The closure of the Strait of Hormuz, East Asian weather conditions, and network congestion have increased fuel, network, and container handling costs.

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2026-11-05

The Ministry of Industry and Information Technology (MIIT) has published a draft Interim Provisions on Digital ID Management for New Energy Vehicle (NEV) power batteries for public comment. The draft, aimed at implementing the NEV battery recycling a

The Ministry of Industry and Information Technology (MIIT) has published a draft Interim Provisions on Digital ID Management for New Energy Vehicle (NEV) power batteries for public comment. The draft, aimed at implementing the NEV battery recycling action plan and interim recycling measures, seek to strengthen full-chain supervision of power batteries and raise recycling and reuse capacity.
2026-11-05

Foxconn reported October revenue up 46% YoY to NT$1.31 trillion ($39.7bn), driven by AI infrastructure build-out and sustained demand for NVIDIA-based servers. September revenue rose 38% YoY to a record NT$1.16 trillion, leaving Q3 revenue up 47% YoY

Foxconn reported October revenue up 46% YoY to NT$1.31 trillion ($39.7bn), driven by AI infrastructure build-out and sustained demand for NVIDIA-based servers. September revenue rose 38% YoY to a record NT$1.16 trillion, leaving Q3 revenue up 47% YoY at NT$3.03 trillion, about 7% ahead of consensus. Cloud and networking units—fueled by AI server orders—led growth, while computing products and components also posted strong gains; consumer electronics revenue was flat despite higher iPhone ASPs. Analysts Steven Tseng and Rebecca Wang say momentum should continue into Q4 as Vera Rubin shipments ramp and seasonal IT demand provides tailwinds.
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