HS Hyosung Energy Solution Korea, a joint venture formed by South Korea's HS Hyosung Group and Belgian materials leader Umicore, signed a memorandum of understanding with Ulsan Metropolitan City on September 14 to construct a major silicon anode materials manufacturing base.
Panasonic Energy, the battery unit of Panasonic Holdings, is betting big on energy storage for AI data centers as demand for backup batteries from AI data centers surges. The company said it will keep energy storage systems (ESS) as a core growth driver and flex investment plans to match market demand.
Tesla has established a subsidiary in Vietnam as it prepares to enter the local market. Reuters reported that filing documents show the unit is registered in Ho Chi Minh City with capital of US$3 million.
As US AI executives warn that artificial intelligence development may need to slow down, Chinese companies are pressing ahead with open source tools and large-scale deployment. The gap matters far beyond China, because the next phase of AI competition may be shaped as much by collaboration and standards as by chips and model size.
China has introduced what it says is the world's first medical-device standard for brain-computer interfaces (BCIs) that use AI to process electroencephalogram (EEG) data, marking a step toward tighter regulation and commercialization of the emerging technology.
Chinese RISC-V chip designer Nuclei System Technology has formally begun its IPO process, seeking fresh capital while heavy R&D spending continues to outweigh revenue despite gross margins above 80%.
Chinese baijiu (white liquor) producer Wuliangye, or "Five Grain Liquid," is moving into battery materials by turning distillers' grains, a liquor-production by-product, into biomass porous carbon for silicon-carbon anodes.
S&P Global Mobility senior research analyst for connected cars and user experience in Asia-Pacific Quan Zhang shared the latest forecasts for the cockpit display and head-up display (HUD) markets.
