Aerotech Inc., a US-based precision motion control and automation company, is expanding its partnership with its South Korean distributor, ANI Motion Tech. Their latest joint venture...
As the direction of the US space policy changed from 2003 on, the National Aeronautics and Space Administration (NASA) gradually left the low Earth orbit (LEO) satellite sector to...
Reports from international media indicate that Volkswagen's vehicles, including thousands of Porsche cars, hundreds of Bentley cars, and thousands of Audi cars, are being held at...
China-based car component suppliers are building production sites rapidly in the suburb of Monterrey, the northeast of Mexico. They are forming a supply chain for Tesla's future Gigafactory...
The US Department of Commerce has disclosed US$1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. According to the pure-play foundry,...
The US Department of Energy remains steadfast in its drive to overhaul local energy infrastructure. In addition to the surge in demand for transformers vital to the electrical grid,...
Scout Motors took a step further to establish its first production site in South Carolina, the US. The company aims to begin production by the end of 2026 and make 200,000 vehicles...
A recent report from a US-based think tank suggested ways the Indian government can enhance regulatory stability and business conditions to attract more semiconductor investments.
Japan-based semiconductor company Renesas announced on February 15 that it will acquire US-headquartered Altium, which focuses on developing electronics design systems. Renesas will...
GlobalFoundries' revenue decreased 9% year-on-year in 2023, but revenue from the automotive sector rose by a robust 180%, according to the company's available presentation material...