Vulcan Elements wins US Army drone permanent magnet contract
The award supplies neodymium-iron-boron magnets for motors in the SkyFoundry program, which targets one million small unmanned…
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South Korea court cuts Hanwha Ocean antitrust fine to $560,000
The Supreme Court finalized a ruling reducing a 15.3 billion won penalty by 95% after rejecting antitrust claims over canceled…
TikTok hires Akin Gump to steer US trade and export controls
A disclosure filed Sept. 25 shows the video platform paid $110,000 to navigate algorithm and customs restrictions, dropping…
SK On orders $118 million in LFP cathodes from L&F for storage
The three-year contract represents 7.51% of L&F's 2025 revenue and supplies converted production lines in South Korea and Georgia…
Rainbow Robotics taps E Tech Group to expand US cobot fleet
The agreement appoints the Rockwell Automation Platinum partner to handle deployment and warranty service across North American…
China Rare Earth pairs with Benmo on humanoid robot magnets
The state-backed research unit and Hong Kong-listed actuator maker will develop customized NdFeB alloys and magnetic rings to…
Samsung says HBM will take 30% of DRAM wafer capacity by 2027
The shift crowds out standard DDR5 output across shared lines, while research firm TrendForce projects average selling prices for…
Synopsys expands TSMC pact with agentic AI chip design tools for A14
The deployment validates autonomous EDA workflows across TSMC's 1.4-nanometer A14 node, multi-die CoWoS interposers and HBM4…
Korea opens 1,180 MW battery auction to balance power gridMembers
The 7.08 GWh central tender introduces a 25-year contract option in Jeju and tests local cell supply chains at Samsung SDI, SK On…
China Imposes 55% Tariff on Brazil Beef as Imports Hit Quota
The commerce ministry will collect a combined 67% duty starting Oct.
Samsung Heavy Industries wins $226 million gas carrier order
The 307.4 billion won deal for two very large gas carriers lifts the yard's 2026 merchant vessel order intake to $7.5 billion,…
HD Hyundai Heavy launches 8,200-ton Aegis destroyer in Ulsan
The Daeho Kim Jong-seo completes South Korea's planned six-ship Aegis destroyer fleet, with shipbuilder HD Hyundai Heavy…
LS Eco Energy builds Vietnam samarium line as US rules loom
The Seoul-based supplier will spend 11.6 billion won for 58% of Global Shre Metal to produce 240 tons of defense-grade material…
SFA and Rainbow Robotics form pact on autonomous fab systems
The non-binding agreement combines factory logistics software with precision robotic arms to pursue fully unmanned semiconductor…
Ultium Cells to build first prismatic LMR battery line in US
The $1 billion joint venture upgrade in Tennessee pivots LG Energy Solution and General Motors toward high-manganese cells to…
SK hynix Evaluates Solidigm US IPO Amid Governance Scrutiny
Reports of a potential $150 billion U.S. listing for the enterprise SSD subsidiary highlight booming AI storage demand while…
Foundry 2.0 Revenue Climbs 25%Members
Counterpoint Research said Sept. 29 that global Foundry 2.0 revenue expanded 25% year-on-year to a record $96.6 billion in the…
CATL Licenses Battery Pack Tech to Egypt's BME in Cairo Deal
The Chinese cellmaker agreed to license commercial electric vehicle pack assembly and supply cells to a $39 million facility…
SK hynix resumes DRAM packaging outsourcing to vendor Winpac
The memory maker is allocating DDR4 and DDR5 flip-chip assembly to the domestic OSAT provider, shifting legacy backend operations…
SK On assumes $1.5 billion debt from US battery subsidiary
The transaction transfers 2.028 trillion won in dollar bonds from SK Battery America to the Seoul parent, representing 14.05% of…
HD Hyundai deploys physical AI in Ulsan shipyard automation
The shipbuilder joined South Korea's national physical AI alliance and backed sensor startup AIDIN Robotics to automate heavy…
HD Hyundai and Hanwha win China dual-fuel engine contracts
South Korean engine builders took over 65% of their 2026 order value from Chinese shipyards, securing high-margin propulsion…
Fanuc and Yaskawa Expand US Robot Plants to Meet AI Factory Push
The Japanese automation leaders are committing over $270 million to new Michigan and Wisconsin campuses as North American…
Japan urges China to expedite rare earth export approvals
Japanese delegates in Beijing raised administrative export delays as Chinese magnet shipments to Japan fell 17.1% in August…