Hanwha partners with BAE on anti-jamming GPS for guided missiles September 15, 2025 The collaboration between South Korea’s Hanwha Aerospace and BAE Systems will leverage BAE’s expertise in military GPS and anti-jamming solutions to counter sophisticated electronic warfare threats.
Hitachi to invest $1 billion in America’s grid infrastructure September 08, 2025 These investments, among the largest seen in the electrical industry in the US, include approximately USD 457 million for a new large power transformer facility in South Boston, Virginia, along with significant expansions of existing facilities throughout the country.
TDK’s $340 million Li-ion battery plant inaugurated in India September 05, 2025 TDK Corporation’s state-of-the-art lithium-ion battery plant in Haryana will produce about 200 million battery packs every year, covering nearly 40% of India’s annual requirement of 500 million packs.
Trump warns ‘fairly substantial’ semiconductor tariffs are coming September 05, 2025 Trump had said last month that he would impose a 100% tariff on semiconductor imports, but would exempt products from companies that shift their manufacturing to the US.
SK hynix introduces ‘industry’s first’ commercial High NA EUV September 04, 2025 The TWINSCAN EXE:5200B, the first model for volume production of ASML’s High NA EUV product line, enables printing of transistors 1.7 times smaller and achievement of transistor densities 2.9 times higher, compared with the existing EUV system, with a 40% improvement in the NA to 0.55 from 0.33.
Panasonic invests €320M, reopens heat pump factory in Czech Republic September 04, 2025 The fully upgraded and expanded giga factory in Pilsen, Czech Republic, will be capable of producing up to 1.4 million indoor and outdoor heat pump units per year from 2030 onwards, for supply throughout Europe.
Report: LG Energy wins $11B battery contract with Mercedes-Benz September 03, 2025 The Korean battery giant will supply 32 gigawatt-hour batteries to Mercedes-Benz by the end of 2035. LG Energy also signed another contract with a Mercedes-Benz affiliate to sell 75 gigawatt hours of batteries in total by the end of 2037.
Hitachi Energy acquires remaining stake of eks Energy August 29, 2025 The integration of eks Energy’s innovative technology, talent and enterprising spirit provides Hitachi Energy with greater strategic and operational flexibility.
MetaSensing partners with CONTEC to advance SAR technology August 29, 2025 The agreement aims to develop proprietary SAR (Synthetic Aperture Radar) satellites and jointly target opportunities with commercial and governmental customers.
SK hynix begins mass production of 321-layer QLC NAND flash August 27, 2025 To maximize the cost competitiveness of its new product, SK Hynix developed a 2Tb device with double the capacity of existing solutions. To address potential performance degradation in large-capacity NAND, the number of planes was increased from 4 to 6.
Entegris to invest $700M in US to enhance semiconductor innovation August 22, 2025 This investment in R&D projects and related capital expenditures will span Entegris’ two divisions, Materials Solutions and Advanced Purity Solutions. A portion of the investment will be used to develop its Aurora, Illinois location into a state-of-the-art US Technology Center.
India approves 4 projects in $530 million boost to chip making August 20, 2025 The four new proposals approved are from SiCSem, CDIL, 3D Glass Solutions and ASIP Technologies. The SiCSem and 3D Glass units will be set up in Odisha, CDIL will expand its facility in Punjab, and ASIP will establish a plant in Andhra Pradesh.
Zelestra, EDP sign solar + BESS hybrid PPA in Spain August 15, 2025 This agreement will allow Zelestra to build a project consisting of 170 MWdc of solar capacity and 400 MWh of battery storage in Extremadura, Spain.
TXR, iRAYPLE partner to advance robot automation technology August 15, 2025 TXR Robotics will combine its robot control (FMS) and SLAM-based autonomous driving technology with iRAYPLE’s high-precision machine vision to implement ‘intelligent robot automation solutions’ optimized for industrial sites through technical cooperation and localization.
FuriosaAI closes $125M round to scale production of AI inference chip August 11, 2025 The new funding will be used to accelerate mass production of Furiosa’s RNGD chip to support global enterprise customers and lay the groundwork for development of Furiosa’s next-generation chip.
China’s Sungrow deploys 60MWh BESS in Finland August 11, 2025 The BESS project is located less than 100 km south of the Arctic Circle and is made up of 26 Sungrow PowerTitan battery containers. With a power output of 30MW and a storage capacity of 60MWh, this installation will play a vital role in stabilizing the local grid.
SIA: Hope tariff exemptions, trade deals ensure US chip leadership August 08, 2025 President Trump said this week that he plans to impose 100% tariffs on imported semiconductors but indicated he would not charge companies that commit to making chips in the US.
Report: GM to import EV batteries from China’s CATL August 08, 2025 The arrangement is a stopgap for the Detroit automaker in the next two years as it works to manufacture its own low-cost lithium iron phosphate (LFP) batteries, the Reuters report says.
Firefly wins $177M NASA contract for mission to Moon’s South Pole August 08, 2025 The mission will utilize Firefly’s Elytra orbital vehicle and Blue Ghost lunar lander to enable payload operations that include evaluating the Moon’s south pole resources, such as hydrogen and water, and studying the radiation and thermal environment.
Trump proposes 100% tariff on imported chips – with exemptions August 07, 2025 President Donald Trump announced plans to impose a 100% tariff on imported semiconductors, while exempting companies that manufacture chips within the United States or have committed to doing so.
CATL, BASF sign framework agreement for cathode active materials August 07, 2025 This agreement builds on the collaborative foundation laid in 2021, when the two companies entered into a partnership on battery materials solutions with the shared goal of developing a sustainable battery value chain.
LS ELECTRIC, GE Vernova sign MOU to localize converter equipment August 06, 2025 Having already achieved localization of HVDC conversion transformers (CTR), LS ELECTRIC plans to embed GE Vernova’s advanced technology in converter valves to complete the localization of voltage-source conversion facilities.
Trump’s new tariffs trigger confusion across the globe August 01, 2025 Economists estimate the overall tariff rate on US imports at around 15% compared to the roughly 2% at the start of the year. This makes it the highest level since the 1930s. However, in a hint that Trump was open to further negotiations, the White House said that the new measures will take effect in a week.
LS Electric partners with Naver on AI-based power, data center solutions August 01, 2025 The two South Korean companies plan to introduce AI agents by integrating Naver’s AI models into LS Electric’s power equipment diagnostic solution, enhancing customer convenience by enabling unskilled personnel to easily manage power equipment.
KISTI begins construction of South Korea’s 6th national supercomputer July 31, 2025 Korea Institute of Science and Technology Information (KISTI) has signed a USD 275 million contract with HPE for construction of the supercomputer, which will support R&D in high-precision scientific and engineering simulations as well as large-scale AI.
Report: Tesla signs $4.3 billion battery deal with LGES July 30, 2025 Elon Musk’s company has been looking to reduce reliance on Chinese imports due to US tariffs. The lithium iron phosphate (LFP) batteries will be supplied from LGES’s factory in Michigan.
Tesla signs $16.5 billion chip contract with Samsung Electronics July 28, 2025 The Samsung-Tesla deal comes at a sensitive time as South Korea is trying to reach a trade deal with the US after the Trump administration’s stated intention of imposing 25% tariffs.
SK Hynix reports record jump in profit as demand for AI chips soars July 24, 2025 SK Hynix reported a bigger-than-expected 68% jump in operating income in the June quarter. The South Korean chipmaker, a key supplier to AI giant Nvidia, said new model launches by customers would drive high-end AI chip demand growth, and that it was on track to double HBM chip sales for the full year.
Air Liquide starts molybdenum plant in Korea to support next-gen chips July 24, 2025 Molybdenum is emerging as a promising replacement for the traditional chip manufacturing material tungsten. This new manufacturing facility will supply leading semiconductor customers with Air Liquide’s advanced materials offering Subleem.
Hyundai’s IONIQ 9 Seed Ball Drone Station to support forest restoration July 23, 2025 The newly developed IONIQ 9 Seed Ball Drone Station is a specially designed vehicle based on Hyundai Motor’s flagship electric SUV, IONIQ 9, in collaboration with Guru E&T, a startup specializing in reforestation solutions and technologies.
Scatec awarded 846 MW solar PV projects in South Africa July 23, 2025 Located in the Free State province, the cluster will comprise three solar power plants, Oslaagte Solar 2 (293 MW), Oslaagte Solar 3 (293 MW), and Leeuwspruit Solar (260 MW). The estimated total project cost for the solar cluster project is USD 735 million.
LG aims to expand HVAC business to $15 billion in sales by 2030 July 22, 2025 In 2025, LG Electronics expects to more than triple orders for its data center cooling solutions compared to the previous year, marking it as a key growth engine. LG is also actively pursuing strategic acquisitions to reinforce its HVAC expertise and broaden its portfolio.