Seoul reluctant on Trump’s push for more flexible US Forces Korea

Advertisement On Sunday, South Korean President Lee Jae-myung told reporters on his flight to Washington for an inaugural summit with Trump that it was difficult to agree to an American demand for strategic flexibility of US Forces Korea (USFK). Lee, who became president in June, said “it is true” the US had demanded “flexibility” of the USFK, but “this is not an issue we can easily agree with”. “Instead, discussions on a future-oriented strategic transformation of USFK are necessary from our perspective as well,” Lee said. Kang Jun-young, a professor…

China seeks to triple output of AI chips in race with the US

China’s chipmakers are seeking to triple the country’s total output of artificial intelligence processors next year, as Beijing races the US to develop the most advanced AI. One fabrication plant dedicated to producing Huawei’s AI processors is scheduled to start production as soon as the end of this year, while two more are due to launch next year, said two people with knowledge of the plans. While the new plants are designed to specifically support Huawei, it is not clear who exactly owns them. Huawei denied having plans to launch…

China seeks to triple output of AI chips in boost to DeepSeek ambitions

China’s chipmakers are seeking to triple the country’s total output of artificial intelligence processors next year, as domestic groups such as DeepSeek push for the semiconductors needed to match western rivals in developing the most advanced AI. One fabrication plant dedicated to producing Huawei’s AI processors is scheduled to start production as soon as the end of this year, while two more are due to launch next year, said two people with knowledge of the plans. While the new plants are designed to specifically support Huawei, it is not clear…

China races to embed AI use across major industries with ambitious 2030 target

In its latest road map for artificial intelligence, China has set targets for the adoption of AI-powered devices across various industries – aiming for over 70 per cent by 2027 and over 90 per cent by 2030. Advertisement The targets, unveiled in guidelines by the State Council, China’s cabinet, on Tuesday, are part of Beijing’s “AI Plus” strategy, which seeks to integrate the cutting-edge technology across manufacturing, agriculture and services. “[The strategy aims to] boost productivity, reshape how industries operate, and accelerate the growth of a smart economy and society…

Mitsubishi blames high turbine costs for its retreat from offshore wind projects

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mitsubishi Corporation has blamed high turbine costs for its withdrawal from three major offshore wind projects in Japan, in a retreat that marks a setback for the country’s energy self-sufficiency drive. Mitsubishi president Katsuya Nakanishi singled out price increases by turbine manufacturers as the biggest factor behind cost pressures. The wind farms were to provide 1.7 gigawatts of electricity, enough to power about 1.5mn homes. “In Europe, as offshore wind…

China’s high-speed jet drone, aviation expert leaves US: 7 science highlights

We have put together stories from our coverage on science from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China’s first high-speed jet drone makes every warship an aircraft carrier In an aviation tech breakthrough that could change naval warfare, Chinese aerospace engineers have unveiled what could be the world’s first high-speed vertical take-off and landing (VTOL) drone powered by a jet engine. The sleek, runway-independent uncrewed aircraft can be launched from the decks of…

China tests meltdown-proof tech for nuclear waste-recycling fast reactor

China has tested a new residual heat removal system that could make its next-generation, radioactive waste-recycling nuclear power plants more meltdown-proof. Advertisement The China Institute of Atomic Energy said it “recently” conducted the simulation of a passive heat removal system for fast nuclear reactors, calling it a breakthrough in the development of a fourth-generation nuclear plant with a closed-loop fuel cycle. “This is the first proof-of-principle test in China for a new passive residual heat removal technology for [integral] fast reactors,” the institute wrote on Monday, although it did not…

China’s industrial profits fall more slowly amid crackdown on price wars

China’s industrial companies saw their profits fall at a slower pace in July, in a potential sign that efforts to curb overcapacity are starting to ease the strain from aggressive competition among producers. Advertisement Industrial profits declined 1.5 per cent last month from a year earlier, falling the least since they began shrinking in May, according to data released on Wednesday by the National Bureau of Statistics. For the first seven months of the year, earnings contracted 1.7 per cent year on year. Profits climbed much faster in the manufacturing…

Pentagon unit steps up tech ties with allies to counter China

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A Pentagon unit responsible for boosting the adoption of new commercial technologies by the US military is preparing to deploy officials to dozens of allied countries, as Washington struggles to counter China’s military build-up on its own. The plan by the Defense Innovation Unit includes sending a representative to Taiwan this year to speed up collaboration on drones and tap into the country’s technology sector, as well as…

US tariffs on India hit 50% as Trump-Modi ties sour

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US has slapped punitive tariffs on India over its purchases of discounted Russian oil, dealing a blow to the world’s fastest growing large economy and deepening a rift between Washington and New Delhi. The 25 per cent levy — which came on top of a 25 per cent “reciprocal” tariff — took effect at 12.01am US eastern time on Wednesday and raised rates on India to among…