The US Department of Commerce sent a letter to TSMC imposing export restrictions on sophisticated chips, of 7 nanometer or more advanced designs, destined for China, sources told Reuters.
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The North American arm of French state-owned power company EDF hopes to begin construction on the project, Beehive Battery Energy Storage System, next year, and expects it to enter commercial operatio…
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Last month, MGL had announced the signing of an indicative and non-binding term sheet with International Battery Company for a proposed investment in IBC of an amount not exceeding INR 3.85 billion.
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The third quarter revenue of China’s top chip foundry was up 34% from a year earlier to USD 2.17 billion. Net profit for the quarter touched USD 148.8 million, up 58.3% from last year.
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The acquisition of Nordic Engineering Partner gives Cicor a presence in Sweden, one of Europe’s leading markets for advanced electronics in healthcare tech, industrial and aerospace & defence sector…
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Bain Capital-backed Kioxia may use a new method for listing at the Tokyo Stock Exchange to speed up its IPO, which has been delayed in the past.
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The collaboration aimed at the domestic production of these auto parts in India is expected to generate INR 2.5 billion in business by FY30.
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The loan to build a battery plant in Rochester is being seen as a move to bolster President Joe Biden’s domestic EV supply and climate agenda before Donald Trump assumes office in January.
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Sources told the Korea Economic Daily that the deal’s value is estimated to be USD 6.7 billion. The batteries, 46 mm in diameter, will be installed in the Rivian R2 SUV to debut in 2026.
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These agreements will help develop the next generation of power architecture, including Infineon’s PROFET™ smart power switches, enabling Stellantis to implement intelligent power network manageme…
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