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Taiwan warns of surge in Chinese cyberattacks and “online troll army”

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Taiwan’s National Security Bureau (NSB) has reported a 17% rise in Chinese cyberattacks targeting its government systems so far in 2025, amounting to an average of 2.8 million attacks per day. The agency warned that Beijing is deploying an “online troll army” to amplify disinformation and undermine public trust in the island’s institutions.

The NSB report, presented to parliament, described these as systemic cyberattacks focusing on key sectors such as defence, telecommunications, energy, and healthcare. Beyond espionage, the operations reportedly use the dark web, internet forums, and social media to spread fabricated content and erode public confidence in Taiwan’s cybersecurity capabilities.

Taiwan’s authorities accuse China of using “grey-zone” tactics — hybrid measures that combine military drills, cyber intrusions, and propaganda — to pressure the island into accepting Beijing’s sovereignty claims. China’s Taiwan Affairs Office declined to comment, though Beijing has repeatedly denied involvement in hacking and instead claims it is a victim of Taiwanese cyber operations.

The report also flagged more than 10,000 suspicious social media accounts, mostly on Facebook, that collectively spread over 1.5 million pieces of disinformation. These campaigns reportedly promote pro-China narratives, attack Taiwan’s leadership, and attempt to sow distrust toward the United States, Taipei’s key ally and arms supplier.

According to the NSB, AI-generated memes and targeted digital propaganda have become central tools in China’s information warfare strategy ahead of Taiwan’s elections and trade talks with Washington.

China opens antitrust probe into Qualcomm over its Autotalks deal

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China’s State Administration for Market Regulation (SAMR) has launched an antitrust investigation into U.S. semiconductor giant Qualcomm over its acquisition of Israel’s Autotalks. The regulator said it would examine whether Qualcomm violated Chinese competition laws by failing to properly declare details of the transaction.

Following the announcement, Qualcomm shares dropped more than 5%, as U.S. President Donald Trump threatened new tariffs against China and hinted at cancelling a planned meeting with President Xi Jinping. The probe adds new pressure to both countries’ tech sectors amid an escalating rivalry in artificial intelligence and semiconductor technology.

Qualcomm completed its Autotalks deal in June, integrating the Israeli company’s V2X (vehicle-to-everything) communication technology into its Snapdragon car platform. Analysts suggest that Beijing’s move might go beyond a “no-harm” early filing penalty, signaling potential economic leverage on U.S. chip and auto supply chains.

The case follows China’s recent accusations against Nvidia for breaching anti-monopoly rules. With 46% of Qualcomm’s 2024 fiscal revenue coming from Chinese customers, analysts warn the investigation could intensify investor concerns about geopolitical and regulatory risks in the semiconductor industry.

Chinese battery stocks tumble after new export controls tighten grip on EV supply chain

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Chinese battery shares fell sharply on Friday after Beijing announced new export controls on lithium battery materials and technology, deepening its hold on a supply chain vital to global electric vehicle (EV) and energy storage industries.

The Ministry of Commerce said exporters of certain high-end lithium-ion batteries, cathode and graphite anode materials, and related technical know-how will now require permits starting November 8. The move follows China’s expanded restrictions on rare earths, escalating tensions with the United States ahead of a potential meeting between Presidents Donald Trump and Xi Jinping.

Shares of major producers sank: CATL dropped 6.82%, Tianqi Lithium fell 7.17%, EVE Energy plunged nearly 11%, and BYD lost 2.54% by market close. China’s New Energy Vehicles Index slid 6.02%.

“The new controls drastically expand how much of the lithium battery supply chain China is staking a claim to,” said Cory Combs of Trivium China, warning that Beijing could slow or limit export licenses to maintain leverage.

Analysts at Zaoshang Securities argued the impact should be limited, saying the measures stop short of a ban and that past controls, such as those on natural graphite, caused no major export decline. Still, investors remain uneasy as the curbs come alongside tighter EV tax exemption rules, which could hit domestic demand.

Chinese companies such as CATL and BYD, which supply automakers worldwide and operate joint ventures like the Ford-CATL plant in the U.S., could face ripple effects across global supply chains as Washington and Beijing compete for dominance in critical materials.