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ASE launches $3.41B IC test megafacility in Kaohsiung
Advanced Semiconductor Engineering (ASE) broke ground on a new integrated‑circuit test plant in Kaohsiung, investing NT$108.3 billion (about $3.41 billion). The facility, part of a high‑tech testing cluster, is slated to start operations in April 2027 after a 36% growth in ASE’s testing business in 2025. The project expands ASE’s capacity and lifts its 2026 capital budget.
Also developing:
By the numbers: Ara Partners invests up to $500M in waste‑management firm Sedron
nLIGHT announced a new $50 million contract for a long‑running missile program and started low‑rate initial production on a classified laser‑sensing project. The moves underscore laser sensing as a primary revenue engine for the company and intensify competition with Coherent and IPG Photonics.
NozzlePro, a division of SuperKlean Washdown Products, launched an e‑commerce site on April 1 that lets distributors and end users purchase pressure‑wash nozzles directly. The upgrade promises instant ordering, standardized pricing and greater procurement transparency, signaling a shift toward direct‑to‑consumer channels...
Emirates Global Aluminum (EGA), the Gulf’s largest aluminium producer, has declared force majeure on portions of its contract book after Iranian missile and drone strikes damaged its Al Taweelah smelter, forcing a shutdown. The outage removes roughly 4% of global aluminium...
Schaeffler and Chinese robotics firm ROKAE signed a strategic cooperation agreement on April 7 to co‑develop core components for humanoid robots, including joint modules. The partnership blends Schaeffler’s high‑performance sensors, harmonic drives and precision manufacturing with ROKAE’s full‑stack robotics expertise and...
EngineAI Robotics Technology Co. closed a $200 million Series B round, lifting its valuation above 10 billion yuan (≈$1.4 billion). The round was co‑led by Henan Investment Group’s Huirong Fund and Luxshare Precision, with participation from numerous state‑backed platforms and family offices. Henan plans...
Chery Auto launched its first European Operations Center in Barcelona, paired with a Spanish research institute focused on electrification and smart mobility. The move marks a shift from market testing to systematic regional management, centralizing compliance, finance and supply‑chain functions....
![[Gasgoo Express] NIO's William Li Discusses ES9 Design, Saying Originality Is Difficult but Must Be Done; March Passenger Vehicle Exports...](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://gascloud.gasgoo.com/production/2026/04/d969c976-b941-4bc9-8450-b8c17fb24f4a-1775916343.png)
NIO founder William Li highlighted the difficulty and necessity of original design while unveiling the ES9, an intelligent executive flagship SUV that blends Chinese cultural aesthetics with cutting‑edge technology. On the same day, China’s passenger vehicle exports surged to 695,000...
The Iran‑Israel‑U.S. conflict has forced the closure of the Strait of Hormuz, prompting a new toll regime and choking oil‑linked supply chains. Helium shipments from Qatar, India’s LPG imports and U.S. gasoline prices have all surged, driving U.S. inflation up...
Amneal Pharmaceuticals announced a 2026 revenue outlook of $3.05‑$3.10 billion, anchored by a manufacturing partnership with Pfizer for GLP‑1 therapies and a push toward complex injectables. The plan relies on a 20‑30 product launch cadence, margin discipline and a reduced net...
Clearwater Paper Corp. announced it has let go roughly 20% of employees at its Cypress Bend, Arkansas paperboard mill, reducing staff to about 250 workers. The restructuring is expected to save $8‑$12 million annually and will see the plant operate at...
Taiwan Semiconductor Manufacturing Co reported first‑quarter 2026 revenue of $35.7 billion, a 35% year‑over‑year increase that topped analyst estimates. The surge, driven by AI‑related chip orders, sparked a 2.3% rise in the stock and reinforced TSMC’s role as a bellwether for...
The reopening and subsequent closure of the Strait of Hormuz have driven Brent crude to $100‑$105 a barrel, inflating fuel and petroleum‑based raw material costs for Chinese manufacturers. Higher freight rates—up to four times normal—are prompting firms to delay or...
Why aren’t you bullish on the American economy? So many things to be excited about in the industrial economy: High oil exports great for US oil companies and industrial tied to it Low natural gas prices (the industrial fuel) Petrochems and plastics way up...
🔺 Scientists use AI to create ultra-strong, rust-proof steel for 3D-printed parts New AI-designed steel delivers high strength, flexibility, and rust resistance while cutting cost and processing time for 3D printing. https://t.co/hbm3AUGt2z https://t.co/b3vLdGRclh
Tesla has opened a dedicated 1.7‑million‑square‑foot Semi truck factory adjacent to its Sparks, Nevada Gigafactory, enabling vertical integration of the 4680 battery cells that power the vehicle. The plant is slated to ramp to a capacity of 50,000 Semis per...
