Volkswagen to cut 100,000 jobs by end of decade September 04, 2026 The German automobile giant had said in March that it would cut 50,000 roles by the end of the decade. Volkswagen also indicated that it plans to slash the number of car models the group produces by half.
Indian deep-tech startup Zenergize raises $4 million September 02, 2026 The funding will be deployed towards expanding manufacturing capacity, strengthening engineering, growing its nationwide service network and sales footprint, accelerating R&D and building operational capabilities to serve large enterprise and OEM customers.
SVI Slovakia obtains IATF 16949 certification September 01, 2026 SVI Slovakia has obtained IATF 16949 certification, confirming that its facility complies with the quality requirements of the automotive industry. The company says the certification strengthens its manufacturing capabilities in Europe and creates new opportunities for automotive and e-mobility projects.
No AI without security September 01, 2026 Why cybersecurity is the key to AI applications in medical technology?
Mahindra wins Airbus contract to manufacture A320 fuselage skins September 01, 2026 Mahindra Aerostructures will manufacture fuselage skins for Sections 18 and 19, covering the rear fuselage and tail sections of the Airbus A320neo and A321XLR aircraft. The components will be manufactured at Mahindra Aerostructures’ facility in Bengaluru.
Siemens partners with EPG to enhance grid resilience August 31, 2026 Integrating EPG’s synchrophasor technology and Wide Area Monitoring Systems directly into Siemens’ power automation portfolio empowers utilities and grid operators to master growing grid complexity, streamline operations and improve grid stability and resilience.
Qcells expands alliance with Microsoft to boost grid capacity August 31, 2026 Rather than simply adding electricity demand to the grid, the proposed approach would develop new generation and flexible energy resources alongside Microsoft’s expanding data center footprint, helping support grid reliability while enabling future AI growth.
Rolls-Royce expands Marand partnership, opens Canberra headquarters August 28, 2026 Rolls-Royce selected Marand to build three additional gas turbine acoustic enclosures and corresponding ship interface systems for the Type 26 programme. Marand will manufacture and assemble the enclosures at its Melbourne facility.
Saab to build new 80,000 square metre facility in Jönköping August 27, 2026 Saab is developing a new production facility of just over 80,000 square metres in Hedenstorp outside Jönköping, Sweden, with move-in planned for 2029–2030. Property developer Vectura has signed a lease agreement with Saab and will develop the facility for long-term ownership, according to a press release from Vectura.
Doosan acquires 70.6% stake in SK Siltron August 26, 2026 South Korean conglomerate Doosan has signed a share purchase agreement to acquire a 70.6% stake in SK Siltron from SK Group for KRW 2.3 trillion, equivalent to approximately USD 1.7 billion. The deal was approved by Doosan's board on July 31.
Donut Lab acquires nanotechnology company Nordic Nano Group August 25, 2026 Finnish technology company Donut Lab has acquired nanomaterials company Nordic Nano Group, with the entire team transferring to Donut Lab. The acquisition brings together both companies' intellectual property, technology and staff under one roof.
LG Electronics accelerates robotics collaboration with Nvidia August 21, 2026 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.
ASMPT secures orders for more than 50 chip-to-substrate bonding tools August 20, 2026 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.
Jubilant Ingrevia to acquire 40% stake in Zettaone August 20, 2026 Zettaone is an Indian electronics design and manufacturing platform with integrated capabilities in the electronics/semicon industry. It delivers engineering solutions for aerospace, defence, semiconductor, automotive, medical and industrial applications.
Posco Future M signs supply agreement for LFP cathode materials August 19, 2026 The agreement, reached to preemptively address surging North American ESS demand, will see Posco Future M supply more than 190,000 tons of LFP cathode materials to a major Korean battery maker over six years.
TTM Technologies acquires Epiq Solutions for $1.1 billion August 18, 2026 TTM Technologies has entered into a definitive agreement to acquire Epiq Design Solutions, a provider of software-defined radios, high-performance RF products and space compute solutions for defence and signals intelligence applications. The all-cash purchase price is USD 1.1 billion.
Top five NAND Flash brands post 77% revenue surge in Q2 August 18, 2026 Combined revenue for the top five publicly listed NAND Flash brands rose 77% QoQ in Q2 2026 to USD 68.87 billion, driven by sustained AI server demand for enterprise SSDs and significant contract price increases. Micron posted the strongest growth of the group and moved up to third place, according to TrendForce.
Nelco partners with Elveo on next-gen D2D, IoT connectivity August 18, 2026 Under the agreement, Nelco will bring reliable, next-generation connectivity and compute solutions directly from Elveo’s satellites in space to varied sectors, including automotive, maritime, energy and government in India and South Asian markets.
Fluence Energy, LEAG start construction of BESS in Germany August 17, 2026 The Heinersbrück GridBattery, scheduled for completion in 2027, is the second joint project for Fluence and LEAG Clean Power. The companies are already deploying the 1GW / 4 GWh GigaBattery Jänschwalde 1000 system in the same part of the country, in eastern Germany.
Mitsubishi Electric to wholly acquire Poland-based Medcom August 17, 2026 Medcom designs, manufactures, sells and maintains electrical equipment for railcars and electric urban transportation, including auxiliary power supply systems, propulsion control systems and industrial power electronics equipment. Its primary business is in Europe.
EMS provider Norautron acquires Jaltek, establishes UK presence August 14, 2026 The acquisition marks an important step in the Norwegian company's international growth, establishing a presence in the UK while expanding the Group’s advanced electronics manufacturing capacity and strengthening its technical and design capabilities.
CATL, Solarpro sign 2 GWh sodium-ion BESS agreement August 12, 2026 Leveraging the technology’s unique advantages in low-temperature performance and long cycle life, CATL and Solarpro will explore sodium-ion storage solutions tailored to diverse application scenarios across Central and Eastern Europe.
India’s CESC unit to buy solar portfolio from ReNew for $510M August 11, 2026 The transaction marks a shift in the composition of Purvah’s portfolio — from a platform built primarily on projects under development to one anchored by assets already generating contracted cash flows.
Sony, TSMC plan $6.4 billion image sensor factory in Japan August 11, 2026 Sony Semiconductor Solutions will hold a controlling stake in the venture — about 60% — with TSMC owning the remaining 40%.
Eiffel partners with Ergy to accelerate BESS investments in Poland August 10, 2026 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 August 10, 2026 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.
Hadrian raises $1.4 billion to build automated factories in US August 10, 2026 The financing will be co-led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, and Baillie Gifford. JPMorganChase’s Strategic Investment Group joined as anchor co-lead, investing through the firm’s Security and Resiliency Initiative.
AMD acquires Canadian AI chip startup Taalas August 07, 2026 Taalas’ technology optimizes inference dataflows, reducing compute and memory bottlenecks associated with general-purpose architectures and enabling highly optimized AI inference capabilities.
Air Liquide invests $150M in Idaho semiconductor gas plant August 06, 2026 Scheduled to begin operations in 2028, Air Liquide’s production unit will deliver large volumes of ultra-pure nitrogen, oxygen and argon, essential for manufacturing advanced memory chips.
MetaOptics, Elsoft to advance chip optics manufacturing tools August 06, 2026 Under the partnership, the two companies will design, build and industrialise the key fabrication equipment behind the metalens value chain, from research and development through to high-volume manufacturing.
Base Power raises $1 billion, launches home battery August 05, 2026 The Austin, Texas-based startup has raised over USD 2.5 billion capital to date. The fresh funds will go toward bringing the new battery, Base Core, to more homes, expanding nationally and hiring talent.
SK Group, Nvidia expand partnership across AI factories, memory August 03, 2026 The planned USD 500 billion comprehensive partnership aims to accelerate large-scale AI infrastructure development, including sovereign, physical, agentic and enterprise AI services and jointly address the increasing AI demand across Asia-Pacific.