Lohia partners with Massivit, to invest up to $10M in manufacturing unit
The investment will support an ongoing expansion of the company’s manufacturing infrastructure in Kanpur in the northern Indian state of Uttar Pradesh, where a new 250,000-square-foot facility is being developed alongside its existing 80,000-square-foot plant.
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Canada’s Stathera raises $55 million to scale silicon timing
Stathera will use the proceeds to fund mass production of its GEN2 silicon timing portfolio while accelerating development of its next-generation platform for AI data centers and growing the company’s engineering and commercial teams.
CATL, Solarpro sign 2 GWh sodium-ion BESS agreement
Leveraging the technology’s unique advantages in low-temperature performance and long cycle life, CATL and Solarpro will explore sodium-ion storage solutions tailored to diverse application scenarios across Central and Eastern Europe.
ZeroAvia, Marshall to advance hydrogen-electric capability in defence
Together, the two companies will seek to integrate scalable, mission-ready hydrogen-electric power and propulsion solutions for defence customers across both new and existing aircraft platforms.
Navitas files patent infringement lawsuit against Renesas
The lawsuit comes weeks after Japanese semiconductor company Renesas sued US-based Navitas in the California federal court, claiming the company poached its employees to steal trade secrets for developing next-gen GaN chips.
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India’s CESC unit to buy solar portfolio from ReNew for $510M
The transaction marks a shift in the composition of Purvah’s portfolio — from a platform built primarily on projects under development to one anchored by assets already generating contracted cash flows.
General Motors to sell Indiana battery venture to Samsung SDI
Samsung SDI is poised to buy the 680-acre property, take over the JV and own the Indiana battery-making facility, Bloomberg reports. GM’s move comes as it scales down its EV ambitions amid lukewarm demand for electric vehicles in America.
Air Liquide, ArianeGroup renew partnership with two Ariane 6 contracts
ArianeGroup is currently increasing the Ariane 6 production rate. To support this industrialization phase, Air Liquide’s Engineering & Technologies will provide critical cryogenic equipment necessary for the manufacturing and propulsion of the rockets up to the 42nd flight of Ariane 6.
Sony, TSMC plan $6.4 billion image sensor factory in Japan
Sony Semiconductor Solutions will hold a controlling stake in the venture — about 60% — with TSMC owning the remaining 40%.
Has the semiconductor market changed since spring?
Earlier this year, several discussions at Evertiq Expo pointed to the same conclusion: while the semiconductor industry continues to grow, that growth is far from evenly distributed. AI, memory and data centres have driven record revenues, while other parts of the electronics industry continue to face a very different reality.
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