Siemens Mobility wins over €2 billion battery train contract October 19, 2026 The order includes 113 three-car Mireo Plus B trains, an extensive 30-year service package, and the construction of two Rail Service Centers in Lower Saxony.
Volvo Cars expands Nvidia partnership for automated driving October 19, 2026 Volvo Cars is extending its partnership with Nvidia to develop automated driving for its future cars. The aim is for the cars to handle everything from highways and city traffic to parking, and to gradually introduce eyes-off and mind-off driving.
E&R opens Malaysia plant to expand packaging materials production October 19, 2026 This expansion will further strengthen Taiwanese firm E&R Engineering Corp’s supply capabilities in Southeast Asia, delivering real-time technical support and supply chain flexibility to semiconductor and OSAT customers.
TSMC to build another 3nm fab in Tainan October 19, 2026 TSMC plans to build a new 3nm fab in Tainan, with production slated to start in the first half of 2028. The company is also moving some 5nm capacity over to 3nm as demand for its leading-edge processes continues to grow.
Flex completes acquisition of power conversion solutions firm EPC October 19, 2026 EPC Power is now part of Flex’s Cloud and Power Infrastructure segment, expanding the company’s capabilities across power, cooling and compute to address growing demand for higher-density AI infrastructure and next-generation 800V data center power architectures.
Reflect Orbital purchases two Skyroot Aerospace launches October 19, 2026 The agreement extends Indian space launch company Skyroot’s commercial launch and supports US-based space tech startup Reflect Orbital’s phased development and deployment plans.
Flip Electronics announces distribution partnership with Synaptics October 19, 2026 Through this agreement, Flip Electronics will distribute Synaptics’ expansive portfolio of embedded compute, wireless connectivity, and sensing solutions, focusing on aged, end-of-life, and obsolete devices that support innovation across automotive and IoT market.
Europe’s Chips Act 2.0 must start with demand October 19, 2026 Technology Industries of Finland publishes its recommendations on the Chips Act 2.0. The Commission has built the right framework. Whether it works depends on where the money goes and who decides.
MHI partners with Ingeteam to advance power solutions for data centers October 19, 2026 The alliance combines MHI’s expertise in integrated power, cooling and energy management with Ingeteam’s expertise in rotating electrical machines, power electronics, control and automation and digital technologies.
MintNeuro raises $5 million to scale chip platform for neural devices October 19, 2026 The London-based startup will use the investment to grow its engineering and commercial teams, bring its products to market, support customers as they adopt its chips, and strengthen its presence in the US alongside its UK and European base.
Fathom expands aerospace, defense platform with 3 acquisitions October 19, 2026 The addition of TCS Industries, TCS Electronics, and Precision Grinding & Manufacturing Corporation reinforces Fathom’s ability to address growing demand for precision components, integrated electronics and complex assemblies.
Ubitium raises $14M to build universal processor for Physical AI October 16, 2026 Autonomous machines need three kinds of computing to work together so they can perceive, think and act in the real world. German startup Ubitium is building one universal processor to replace the stack of specialised chips.
Foxconn to take 50% stake in Mitsubishi Electric’s automotive business October 16, 2026 Foxconn has reached a final agreement with Mitsubishi Electric to buy half of Mitsubishi Electric Mobility for JPY 115 billion (EUR 646.3 million). The two companies will then run the automotive equipment business together.
India’s Vikram Solar secures 187 MW module supply order October 16, 2026 Under the agreement, Vikram Solar will supply its high-efficiency N-Type TOPCon G12R modules, featuring glass-to-glass construction and bifacial technology, with power ratings ranging from 615–625 Wp.
Cohere to acquire AISLE to advance cyber-resilient sovereign AI October 16, 2026 Founded in 2024, Prague-based AISLE has developed AI systems capable of discovering, validating and helping remediate previously unknown vulnerabilities in complex production software.
MetaOptics expands into Malaysia with incorporation of subsidiary October 16, 2026 Mass production and fabrication, volume assembly and testing will sit in proximity in the new facility, enabling shorter development cycles, improved production yields and a faster path from prototyping to commercial-scale mass production.
Lockheed Martin Skunk Works, NLR expand strategic collaboration October 16, 2026 The next phase of cooperation aims to focus on connectivity to the Dutch industrial base, coordination on military operational analysis, alignment on technology roadmaps, and collaboration on Unmanned Aerial Systems (UAS).
TCS launches Industrial Intelligence Foundry to boost AI-led engineering October 16, 2026 The Foundry will help enterprises embed intelligence into core engineering and manufacturing workflows for aerospace, mobility, semiconductors, medical devices, industrial electronics, utilities and energy.
Fortastra raises $30 million to advance on-orbit security platforms October 16, 2026 The funds will be used to accelerate development and commissioning of Fortastra’s on-orbit security platforms, expand the US company’s engineering and operations team, and continue developing its core autonomy and manufacturing capabilities.
Qilimanjaro announces €20 million first close of its Series A October 16, 2026 The fresh funding will enable the Spanish company to scale and industrialize its quantum computers, advance the development of new generations of chips, and increase its manufacturing and deployment capacity.
Infineon secures 200mm SiC wafer supply from Wolfspeed October 15, 2026 Infineon has signed a multi-year agreement with Wolfspeed for the supply of 200mm silicon carbide (SiC) wafers. The deal moves the companies’ existing supply relationship from 150mm to 200mm substrates.
ASML expects demand to outstrip supply in 2027 and 2028 October 15, 2026 ASML’s planned capacity for 2027 and 2028 will not fully meet customer demand, the company now says. ASML is therefore looking at ways to expand capacity beyond what it has already announced. Third-quarter sales reached a record EUR 11.7 billion.
300mm fab equipment spending set to reach $227 billion by 2029 October 15, 2026 Global spending on 300mm front-end fab equipment is projected to rise 31% to USD 149 billion in 2026, according to SEMI. Equipment investment in the Americas is expected to more than double over the same forecast period.
Inission enters Germany with acquisition of Bavaria Digital Technik October 15, 2026 Swedish EMS provider Inission is acquiring Pfronten-based EMS provider Bavaria Digital Technik (BDT) for EUR 5.3 million. The deal marks Inission’s first operation in Germany.
STMicroelectronics wants Jean-Marc Chery to stay on as CEO for one more year October 15, 2026 STMicroelectronics’ Supervisory Board will propose that Jean-Marc Chery be reappointed as President and CEO for one year. The proposal goes to shareholders at the company’s 2027 Annual General Meeting.
DigiKey to invest $100 million in distribution expansion amid 50% growth October 15, 2026 DigiKey is putting USD 100 million over the next 18 months into expanding its distribution centre in Thief River Falls, Minnesota, and its order management system. The component distributor expects to grow by more than 50% this year.
Skeleton Technologies raises Siemens-led round to expand US production October 15, 2026 Supercapacitor maker Skeleton Technologies has raised a new investment round led by Siemens, valuing the company at more than USD 1 billion. The money will mainly go towards building up manufacturing in the US, including its own cell production, for power systems in AI data centres.
XIVER adds ASML DUV lithography to its Eindhoven foundry October 15, 2026 Dutch specialty foundry XIVER has acquired an ASML PAS 5500 DUV lithography tool to make finer structures for photonic and semiconductor devices. The tool is expected to be in operation in 2027.
Vietjet Air expands contract with RTX’s Collins Aerospace October 15, 2026 Under the expanded contract, FlightSense, a full-lifecycle support program powered by Collins’ Ascentia analytics platform, will deliver guaranteed component availability, reduced downtime and cost predictability.
India’s Larsen & Toubro wins EPC orders worth over $1 billion October 15, 2026 In Saudi Arabia, the Power Transmission & Distribution (PT&D) business vertical of Indian multinational Larsen & Toubro (L&T) has won Engineering, Procurement and Construction (EPC) orders in the 380 kV transmission and substation segments.
GlobalFoundries to operate two Japan-funded fabs in New York October 14, 2026 GlobalFoundries has been selected to operate two new fabs at its site in Malta, New York, financed by Japan through up to USD 21 billion under the US-Japan trade agreement. In a separate agreement, the US government will also take an equity stake of around 4% in the company.
Comrod acquires TransOpto to add optical links to its defence portfolio October 14, 2026 Norwegian communications company Comrod has acquired TransOpto in Kristiansand, which develops wireless optical data links. The technology gives defence customers an alternative to radio communication that is harder to detect.