LG Display has introduced FLiPP, an innovative FMM-less OLED manufacturing method that uses photolithography and UV light. The technology promises brighter, longer-lasting, and more efficient panels without size or resolution constraints.
Chinese carmaker Chery is expanding in the UK with a new research and development centre at UTAC Millbrook in Bedfordshire, following rapid sales growth and plans for UK-based manufacturing.
Exicom Tele-Systems has launched production of liquid-cooled power modules for EV chargers at its Hyderabad facility. The move, leveraging technology from its acquisition of Tritium, aims to supply global markets and improve charger reliability.
GE Aerospace and Hindustan Aeronautics Limited (HAL) have announced a strategic intent to partner on developing jet engines for India's AMCA program, aiming to bolster local manufacturing and technology transfer capabilities.
Detroit-based startup Grounded has raised $5 million in seed funding and opened a 50,000-square-foot facility. The company is shifting from electric-only van customization to a vehicle-agnostic model, serving commercial, medical, and public safety sectors.
Google plans to move all Pixel smartphone, watch, and wireless earbud production out of China by next year, shifting manufacturing to Vietnam and India amid US-Beijing tensions and leveraging existing supply chains.
Hong Kong's sports industry and related sectors contributed HK$46 billion (1.5% of total) in value added at basic prices to the economy in 2024, amidst a record Olympic performance in Paris.
US entrepreneur Elon Musk faces increasing competition from Chinese rivals in sectors like electric cars, rockets, and robotics, as domestic competitors leverage integrated supply chains and fast-response manufacturing.
Beijing and Shanghai lead China's top AI companies, while second-tier cities like Hangzhou, Hefei, and Wuhan gain momentum due to academic talent concentration.
Four accessory retailers on Yu Chau (Bead) Street in Hong Kong's Sham Shui Po are closing by month's end, threatening the area's crafting heritage, with only a few such shops remaining.
Israeli defense officials in the IDF and Mossad have been shocked by the surprisingly rapid recovery of Iran's military capabilities, particularly in ballistic missile production, just four months after the main military campaign ended in April.
Semiconductor Manufacturing International Corporation is planning to add equipment to its factories after surging demand for mature-node chips used alongside AI processors exceeded expectations.
Czinger revealed its production BrakeNode, a 3D-printed integrated brake assembly, on the new 21C Spyder during Monterey Car Week, offering weight savings and easier servicing.
Apple CEO Tim Cook and Commerce Secretary Howard Lutnick opened a new manufacturing facility in Houston, Texas, which will build Mac Minis and AI servers while offering free training.
SMIC and Hua Hong report substantial year-on-year profit increases of 261.7% and 385.9% to $479.2M and $38.6M, respectively, in Q2, driven by high demand for AI computing power, with Hua Hong's revenue reaching a record $717.5M.
China has detained multiple Japanese nationals, including corporate executives, for allegedly violating export restrictions on dual-use goods, according to a report by The Mainichi.
Donald Trump has ordered a new 15% tariff on imported polysilicon effective December 4 to support US chip and solar supply chains against Chinese competition, prompting criticism from Beijing.
Hong Kong and Malaysia aim to strengthen economic ties in sectors like semiconductor manufacturing, as Trade Development Council chairman Frederick Ma Si-hang leads Hong Kong's largest business delegation to Malaysia.
Bangladesh expresses 'deep shock' after 16 of its citizens die in an unlicensed sofa factory fire in Saudi Arabia; authorities ensure repatriation of bodies and compensation for families.
Malaysian officials Redzuan Abd Rahman and Mohamad Termizi HJ Piee stated that economic ties between Malaysia and South Korea have entered a new phase, offering vast opportunities for South Korean companies to use Malaysia as a gateway to ASEAN.
Sony and TSMC are planning a joint venture to produce high-performance camera sensors at a Kumamoto plant, with mass production potentially starting in 2029.
Berkshire Hathaway reported a 16% rise in Q2 operating earnings to $12.98 billion, driven by energy, railroad, and manufacturing strength. CEO Greg Abel deployed record cash, accelerating share buybacks to $4.5 billion and shifting Berkshire to a net equity buyer.
Apple plans to reinvest its multibillion-dollar tariff refund into shifting supply chains to the U.S., contrasting with smaller businesses using refunds merely to pay off debt and survive following the Supreme Court striking down previous tariffs.
The US imposes a 15% tariff and price floors on polysilicon and related products from China to protect domestic manufacturers and curb imports, aiming to secure the semiconductor supply chain.
