Switchgear Global Market Report, Industry Insights, Trends, Key Developments 2017–2023

Chinese artificial intelligence chip giant Cambricon Technologies reported a 147.7 per cent surge in third-quarter profit on Friday, as the country’s aggressive push to replace Nvidia chips continues to fuel high growth among local chipmakers. The Shanghai-listed chipmaker generated 1.4 billion yuan (US$210 million) in net profit for the three months ended September 30, up from 566.6 million yuan during the same period last year. Revenue reached 3.5 billion yuan, an increase of 104.5 per cent...

The storm has caused at least one death and dozens of injuries, officials said. Schools have closed on the island and hundreds of flights have been canceled.

The Philippine government put a bounty on Friday on the head of the top enforcer of ex-president Rodrigo Duterte’s bloody anti-drug crackdown, nearly a year after the International Criminal Court (ICC) ordered his arrest. Former Philippine police chief and sitting Senator Ronald “Bato” dela Rosa had mostly been in hiding for months before The Hague-based tribunal unsealed the November 2025 arrest warrant against him in May and put him into flight. The bounty comes just over a month before...

Paper straws, widely promoted as an eco-friendly alternative to plastic, may actually have a greater environmental impact than conventional plastic straws, according to a South Korean government-commissioned study that has renewed debate over whether switching materials truly reduces waste. The Comprehensive Study on Single-Use Straws, commissioned by South Korea’s Ministry of Climate, Energy and Environment, was disclosed on Wednesday by opposition People Power Party lawmaker Kim Wi-sang, The...

The Philippines is turning to the United States to build its oil stockpile amid the global energy crunch, with observers saying the move could also serve Washington’s military interests and deepen strategic ties. A bilateral deal could deliver more immediate benefits than a broader Asean stockpile, which would entail coordination hurdles, analysts said, but questions remain over how quickly Manila could establish such a reserve and whether it would meaningfully reduce long-term dependence on...

This article was first published by The Korea Times in a partnership with the South China Morning Post. Chinese humanoid robot makers are accelerating efforts to gain a foothold in South Korea, moving beyond dance performances and showroom displays to factory trials and commercial deployments, as Seoul ramps up investment in physical artificial intelligence. A growing number of Chinese robotics companies – including Hong Kong-listed UBTech Robotics, start-up Anyverse Dynamics, Shanghai-based...

Malaysia’s oil-rich Sarawak state will dissolve its assembly on Monday in a test of political strength for a powerful regional coalition whose support has become crucial to Prime Minister Anwar Ibrahim’s government. Anwar is facing growing pressure following electoral setbacks for his own coalition in Peninsular Malaysia, while over in Borneo, ruling Gabungan Parti Sarawak (GPS) continues to press for greater autonomy and control over the state’s vast oil and gas resources. Sarawak Premier Abang...

Dozens were injured and more than 300 homes were toppled by the 7.0-magnitude quake, which sent residents fleeing into the cold night air, state media said.

The world’s oldest cave paintings on the Indonesian island ⁠of Sulawesi are under threat ⁠as heat and smoke from the ⁠country’s worst wildfires in more than a decade risk accelerating the deterioration of the more than 67,000-year-old works of art, according to researchers. Indonesia is battling its most intense forest and land fires since 2015 as a severe El Nino drives up temperatures and reduces ‌rainfall, leaving its forest and peatland vulnerable to fire. While the islands of Sumatra and...

Chinese artificial intelligence model developers DeepSeek and MiniMax have completed export registration procedures and proceeded with open-source releases and overseas licensing activities, according to Chinese state media, days after Beijing moved to tighten oversight on AI tech transfers. Yuyuan Tantian, an influential social media account affiliated with state broadcaster CCTV, reported on Thursday evening that the two AI companies had completed the required registrations after Beijing...

US and South Korean officials see the chances fading of ⁠a meeting between President Donald Trump and North Korean leader Kim Jong-un this year, according to five people with knowledge of the situation. Trump, the only US president to have met a North Korean leader, has been eager to jump-start talks with North Korea, but Pyongyang has shown little interest in diplomacy aimed at containing its nuclear programme. The US has received no response from North Korea on holding a Trump-Kim meeting, and...

A rare escalation this month exposed the increasingly lethal arsenals the two Koreas are building up across the world’s most heavily fortified border.