Solum has become the first South Korean company to win Saudi government incentive approval in electric vehicle charger manufacturing, it said on Sunday. The electronic components maker received final approval under the Standard Incentives for the Industrial Sector programme and secured Saudi government subsidies. Solum is pursuing a joint venture with local partner AL BAKHEET and is in talks to build an EV charger plant using its own power modules.

U.S. President Donald Trump is expected to invite major U.S. corporate leaders, including Apple CEO Tim Cook, to join his planned trip to China next week, a report said. The list could include Nvidia, Qualcomm, Exxon, Boeing, Blackstone, Citigroup and Visa executives. The visit could extend beyond an economic delegation and touch on U.S.-China technology competition, including possible AI discussions. Attention is on whether Cook will attend, given Apple’s China dependence and his ties with Trump.