Samsung weighs semiconductor packaging investment in Vietnam
Samsung Electronics is considering an investment in chip testing and packaging operations in Vietnam, Reuters reports, citing a source familiar with the matter.
Kinetic finalizes majority stake agreement with Cyient Semiconductors
Cyient Semiconductors’ global reach enables Kinetic Technologies to tap into India’s semiconductor ecosystem, gaining access to engineering talent, OSAT and manufacturing partners, and stronger design capabilities.
Siemens joins ESA’s EPIC program to empower European startups
Siemens will provide industrial-grade, comprehensive digital twin capabilities and a fully digital engineering and simulation backbone for the European space industry along with access to mentors and experts in the field.
BASF, Sevnce to advance smart transformation of chemical industry
The two companies will explore potential applications of Sevnce’s robotic and intelligent inspection solutions at BASF sites, and advance materials innovation for key robotic components.
Intel joins Musk-led Terafab project
Intel has announced it will join the Terafab project, spearheaded by Elon Musk, alongside SpaceX, Tesla and xAI.
Matter partners with Iontra to boost AI-led battery intelligence
By embedding Iontra’s intelligence at the edge, Indian electric mobility company Matter enables faster and safer charging without hardware changes, improves reliability under demanding Indian conditions, and reduces lifetime ownership costs.
Skoda to exit China market by mid-2026
Skoda Auto has announced it will end car sales in China by mid-2026. The decision follows declining sales and increasing pressure from local electric vehicle manufacturers, according to Reuters.
Kioxia to invest in Nanya Technology, secure long-term DRAM supply
Kioxia Corporation will subscribe to a third-party share allotment by Nanya Technology Corporation and enter into a long-term DRAM supply agreement with the company.
Intel to repurchase Fab 34 JV stake for $14.2 billion
US semiconductor manufacturer Intel has reached a definitive agreement with Apollo Global Management to repurchase the 49% equity interest it does not own in the joint venture tied to its Fab 34 semiconductor facility in Ireland. The transaction is valued at USD 14.2 billion.
Lumentum expands with new US manufacturing facility
Optical and photonic solutions provider Lumentum plans to establish a new US manufacturing facility in Greensboro, North Carolina.
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