General Motors to sell Indiana battery venture to Samsung SDI
Samsung SDI is poised to buy the 680-acre property, take over the JV and own the Indiana battery-making facility, Bloomberg reports. GM’s move comes as it scales down its EV ambitions amid lukewarm demand for electric vehicles in America.
Ad
Air Liquide, ArianeGroup renew partnership with two Ariane 6 contracts
ArianeGroup is currently increasing the Ariane 6 production rate. To support this industrialization phase, Air Liquide’s Engineering & Technologies will provide critical cryogenic equipment necessary for the manufacturing and propulsion of the rockets up to the 42nd flight of Ariane 6.
Sony, TSMC plan $6.4 billion image sensor factory in Japan
Sony Semiconductor Solutions will hold a controlling stake in the venture — about 60% — with TSMC owning the remaining 40%.
Has the semiconductor market changed since spring?
Earlier this year, several discussions at Evertiq Expo pointed to the same conclusion: while the semiconductor industry continues to grow, that growth is far from evenly distributed. AI, memory and data centres have driven record revenues, while other parts of the electronics industry continue to face a very different reality.
Liebherr-Aerospace Technology breaks ground on Shanghai facility
Designed as a single-story steel-structured plant, it features a 30-meter span and a building height of 18.30 meters, providing ample space for the precision manufacturing and assembly of large-scale aircraft components.
Ad
Ad
Indian space technology startup GalaxEye acquires StarOps
The integration adds a strong portfolio of indigenous spacecraft technologies and engineering know-how to GalaxEye. These include qualified satellite bus platforms across the 50 kg, 150 kg and 250 kg classes, proprietary subsystem technologies, qualification heritage, testing infrastructure and engineering tools.
Eiffel partners with Ergy to accelerate BESS investments in Poland
Under the partnership, Eiffel Investment Group will provide long-term infrastructure investment expertise, while Ergy will originate, develop, arrange financing, construct and manage battery storage projects, drawing on its experience in the Polish renewable energy market.
Omega Holdings acquires automotive aftermarket business of Wells
The acquisition expands Omega Holdings’ capabilities in the vehicle electronics category. Following the transaction, the acquired aftermarket business will continue to operate as a standalone business under the Omega Holdings group.
Former SK hynix employee jailed for leaking information to Chinese firm
The employee, who formerly worked at SK hynix's office in China, was found to have printed out or took photos of documents containing trade secrets downloaded from the company's internal server, according to Yonhap news agency.
Hitachi Energy partners with Blykalla to advance grid integration
By integrating Swedish firm Blykalla´s power generation with Hitachi Energy´s solutions for electrical infrastructure, the collaboration aims to accelerate the commercialization and deployment of advanced nuclear solutions across Europe and the US.
Load more news

