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Foxconn to take 50% stake in Mitsubishi Electric’s automotive business

2026-10-16 eIndustry

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 equip…
» Evertiq

Posted in: Uncategorized

India’s Vikram Solar secures 187 MW module supply order

eIndustry

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 W…
» Evertiq

Posted in: Uncategorized

Cohere to acquire AISLE to advance cyber-resilient sovereign AI

eIndustry

Founded in 2024, Prague-based AISLE has developed AI systems capable of discovering, validating and helping remediate previously unknown vulnerabilities in complex production software.
» Evertiq

Posted in: Uncategorized

MetaOptics expands into Malaysia with incorporation of subsidiary

eIndustry

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 prototypi…
» Evertiq

Posted in: Uncategorized

Lockheed Martin Skunk Works, NLR expand strategic collaboration

eIndustry

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…
» Evertiq

Posted in: Uncategorized

TCS launches Industrial Intelligence Foundry to boost AI-led engineering

eIndustry

The Foundry will help enterprises embed intelligence into core engineering and manufacturing workflows for aerospace, mobility, semiconductors, medical devices, industrial electronics, utilities and e…
» Evertiq

Posted in: Uncategorized

Fortastra raises $30 million to advance on-orbit security platforms

eIndustry

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 …
» Evertiq

Posted in: Uncategorized

Infineon secures 200mm SiC wafer supply from Wolfspeed

eIndustry

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 substra…
» Evertiq

Posted in: Uncategorized

Qilimanjaro announces €20 million first close of its Series A

eIndustry

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 c…
» Evertiq

Posted in: Uncategorized

300mm fab equipment spending set to reach $227 billion by 2029

2026-10-15 eIndustry

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 s…
» Evertiq

Posted in: Uncategorized

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