Geely Auto, Ford establish manufacturing JV at Valencia plant
The JV aims to transform Ford’s Valencia, Spain facility into a shared, high-tech manufacturing hub. Under the proposed ownership structure, Chinese firm Geely Auto will own 34% of the new entity and Ford will own 66%.
Nvidia to invest $1 billion in Naver to boost Korean AI infrastucture
South Korean company Naver, Nvidia and Brookfield have announced a proposed expansion of Korea’s sovereign AI factory infrastructure, with planned investments that will grow the initial Nvidia DSX AI factory deployment to 200 megawatts.
Collins Aerospace opens UK hub to advance aircraft systems
With a more streamlined solution, electric thrust reverser actuation systems (elecTRAS) supports the elimination of actuation hydraulic interfaces and fluids and facilitates a 15-20% reduction of the nacelle actuation weight at the integrated aircraft system level.
NIELIT, SCL collaborate to advance chip innovation in India
As part of this collaboration, the 1.2 µm Process Design Kit will be made available through eChipHub, and provide students, researchers, faculty members, startups, MSMEs and industry professionals with access to an indigenous semiconductor process technology for IC design and prototyping.
University of Arizona, TU/e expand semiconductor, photonics cooperation
The University of Arizona and the Eindhoven University of Technology in the Netherlands have signed a five-year MOU to align education and research activities with the needs of a rapidly growing semiconductor sector.
AdvancedPCB installs new SES line at Aurora facility
Supplied by Equip Tech and manufactured by Universal Circuit Board Equipment (UCE), the SES line incorporates automated chemical management, conveyorized material handling, and integrated process controls throughout the strip, etch and strip (SES) cycle.
Air Products to expand gas supply network for chip manufacturer
Air Products will supply a range of industrial gases, including nitrogen, oxygen, argon and helium, to support the customer’s semiconductor operations in Taiwan.
India’s Raghu Vamsi Aerospace Group raises $40 million
The capital will be used to expand manufacturing capacity across the group’s facilities in India, the UK and the US, accelerate development of its upcoming manufacturing campus, and strengthen its mission systems and deep-tech & autonomous systems businesses.
Kontron secures European customer for 5G automotive modules
This contract represents a milestone in Kontron’s strategy to establish a European alternative to non-European suppliers of mobile communications modules, as it marks the first time these modules will be used in a vehicle platform of a European car manufacturer.
Hanza reports 70% increase in second quarter net sales
Swedish contract manufacturer reports net sales of approximately USD 264 million for the second quarter of 2026. Adjusted for currency and acquisitions, sales increased by 9%. Adjusted operating profit amounted to roughly USD 22 million.
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