Samsung SDI, a leading Korean battery maker, has slashed the pricing of its new share issue by 17% after its stock price dropped amid a broad market sell-off, which was triggered by concerns over potential U.S. tariffs, Azernews reports.
Chinese tech giant Xiaomi has announced plans to invest 50 billion yuan ($6.9 billion) over the next ten years to develop its own microchips for smartphones, marking a major step toward technological independence, Azernews reports.