Samsung SDI acquires GM's stake in Indiana battery plant
Samsung SDI has signed a new joint development agreement with General Motors for next-generation prismatic batteries, while simultaneously acquiring GM's 49.99% stake in their joint venture SynergyCells in New Carlisle, Indiana. The plant will initially be used for energy storage system production rather than electric vehicle batteries.
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BEL collaborates with Ananth on advanced electronic systems
The partnership will focus on indigenous design and development, system engineering, electronics manufacturing, integration, testing and production for current and future programmes of strategic importance.
Micron unveils $10 billion AI memory research lab in Boise
Micron Research Labs will center on a flagship Boise campus designed to support advanced research across critical technology domains. Key research areas include critical memory technologies, advanced memory and compute architectures, packaging and future semiconductor manufacturing.
Messer invests $40M to expand production capacity in Vietnam
At its existing site in Yen Binh, the German company will build a new air separation unit capable of producing 600 metric tons per day of nitrogen, oxygen and argon. Additionally, Messer will build a new nitrogen liquefier at its site in Song Cong.
Stryten acquires C&D Trojan to expand battery manufacturing
Following the close of the transaction, Stryten will operate 15 battery manufacturing and component facilities across the US. This expanded footprint will strengthen Stryten’s vertically integrated manufacturing supply chain and its ability to produce energy storage solutions.
LG Electronics accelerates robotics collaboration with Nvidia
Data collected across various environments such as LG’s Data Factory and LG CNS’s logistics automation solutions will be linked with Nvidia’s robotics stack, where it is augmented and synthesized into high-quality data for robot learning.
US aircraft engine parts manufacturer Pursuit acquires Leesta
Founded in 1964, Canadian company Leesta Industries specializes in the machining of flight-safety-critical aeroengine components used across a range of commercial and military aircraft platforms.
TT Electronics secures lifetime power electronics contract with Rolls-Royce
TT Electronics has signed a multi-million pound lifetime contract with Rolls-Royce to supply power electronics for all large civil aircraft engines. The agreement covers TT Electronics' multi-chip power modules and precision magnetics, manufactured at its Bedlington and Barnstaple facilities in the United Kingdom.
ASMPT secures orders for more than 50 chip-to-substrate bonding tools
ASMPT announced in late July bulk orders for more than 50 of its Chip-to-Substrate Thermo-Compression Bonding tools from OSAT customers, for use in advanced AI computing chip packaging.
Forge Nano breaks ground on battery gigafactory in North Carolina
Forge Nano has broken ground on a major expansion of its lithium-ion battery manufacturing facility in Morrisville, North Carolina, in the United States. The project, backed by up to USD 100 million from the US Department of Energy, will expand the site to nearly 315,000 square feet and establish up to 3 GWh of annual battery cell manufacturing capacity.
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