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Crypto

Germany far-right AfD wins 43.8% in Saxony-Anhalt, putting Bitcoin one-year tax exemption in focus

Germany\'s far-right Alternative for Germany (AfD) won a landslide in the Saxony-Anhalt state election, a result that could intensify political debate over Bitcoin\'s one-year holding tax exemption. While the state vote does not directly change federal tax law, the outcome is seen as boosting AfD\'s influence as it has opposed tighter taxation. The government plans to overhaul crypto-asset taxation from 2027 and is considering scrapping the exemption.

Industry

Samsung to build 240 billion won HVAC production line in Gwangju, to start operations in early 2028

Samsung Electronics will build an HVAC production line for AI data centre air-conditioning equipment at its Gwangju complex. Samsung Electronics, FlaktGroup Korea and the Jeonnam-Gwangju Integrated Special Zone signed an investment agreement on Aug. 19. Samsung plans to invest about 240 billion won to construct a 21,800 square metre production line at its third campus in Buk-gu, Gwangju, with operations set to begin in early 2028.

Industry

AI factory build in Korea leaves server, cooling supply chain tied to Taiwan

Construction of gigawatt-scale AI factories in South Korea is getting under way, but server assembly and liquid-cooling component supply chains are controlled by Taiwanese companies, raising concerns that Korean materials and parts suppliers are being sidelined. Nvidia plans to ship fully assembled compute trays from its next-generation Vera Rubin platform, narrowing assembly partners to Foxconn, Quanta and Wistron. Cooling component suppliers Auras and AVC have also taken an early lead.