Industrial Innovations

02 Apr 2025

LG Energy Solution unit to pay $2 billion for Michigan battery venture with GM

South Korea’s LG Energy Solution said on Tuesday that its U.S. unit will acquire the assets held by its Michigan electric vehicle battery venture with General Motors for $2 billion.

Qualcomm considers buying UK semiconductor firm Alphawave

02 Apr 2025

U.S. chipmaker Qualcomm is considering making an offer to acquire Alphawave IP Group, it said on Tuesday, sending shares of the British semiconductor company surging more than 52%.

Exclusive-Arm expects its share of data center CPU market sales to rocket to 50% this year

01 Apr 2025

Arm Holdings expects its share of the global market for data center central processing units to surge to 50% by the end of the year, up from about 15% in 2024 with gains driven by the boom in artificial intelligence, a senior executive said.

GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, sources say

01 Apr 2025

Taiwan’s major chipmaker United Microelectronics and U.S.-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told Reuters on Monday.

Business Reporter: Whistleblowing in supply chain transparency

31 Mar 2025

Discover how digital innovation and AI are reshaping the energy sector, boosting efficiency, sustainability, and cybersecurity.

28 Mar 2025

Italian top government official seen joining STMicroelectronics supervisory board

Italy intends to appoint Marcello Sala, head of an economy ministry department that manages state-run firms and asset disposals, as a supervisory board member at chip maker STMicroelectronics, three sources said.

Exxon investing $100 million in facility to produce cleaning alcohol for chip industry

27 Mar 2025

Exxon Mobil said on Wednesday it will spend $100 million to upgrade its Baton Rouge, Louisiana, chemical plant to produce a highly pure form of isopropyl alcohol that is used in the tech industry to clean and process microchips.

Aurora plans for self-driving trucks in harsh weather ahead of commercial launch

26 Mar 2025

Aurora Innovation plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday.

Firefly Aerospace selects Blue Origin unit to explore volcanic formations on moon

25 Mar 2025

Firefly Aerospace has partnered with Blue Origin’s Honeybee Robotics to supply a rover for its third lunar mission in 2028 to study the Gruithuisen Domes, the Texas-based rocket maker said on Monday.

Exclusive-Quantum computing startup PsiQuantum raising at least $750 million, sources say

25 Mar 2025

Quantum computing startup PsiQuantum is raising at least $750 million at a $6 billion pre-money valuation, according to two people familiar with the matter.

South Korea's SK On wins EV battery deal with Nissan

19 Mar 2025