Japanese industrial machinery maker IHI Corp. has signed a satellite procurement agreement with Finnish synthetic aperture radar (SAR) satellite operator ICEYE, marking the launch of a joint satellite constellation program aimed at strengthening Japan's national security and expanding into commercial and public markets. The companies plan to begin acquiring satellite data in fiscal year 2026 (April 2026-March 2027)
China's electric vehicle (EV) sector, once a symbol of the nation's manufacturing ascendancy, is now showing signs of strain. As production far outpaces demand, the industry has entered a phase of what analysts describe as "bleeding competition", a prolonged period of margin erosion and consolidation that could reverberate across the global auto market
