Machine tools
Hong Kong-listed optics supplier starts shipping lasers for AI circuit boards
Pangaea expects to deliver at least 500 laser systems, worth at least US$55 million, to one equipment maker by March 2027.
Manufacturing & contract electronics
Machine tools
State-owned firm steps in after botched Nigerian steel plant contract
A small Fuzhou firm couldn’t handle the export, supplier Zhongzhong says, so a unit of Xiamen ITG Group takes over the US$54.8 million order.
Smart factories
New STEP plant in Anhui: it's all about the ecosystem
The Shanghai robot and elevator-control maker's leased factory in Wuhu will make high- and low-voltage inverters, with room set aside for robots.
Electric vehicles
BYD looks to long-haul electric trucks for growth abroad
Its 150,000th commercial vehicle was a long-haul electric heavy truck, and BYD is pitching trucks abroad as part of a zero-carbon logistics package.
Automotive displays
Taiwan truck swaps mirrors for cameras
Formosa Automobile says Taiwan is the first place outside Europe licensed to assemble DAF's new-generation XF heavy truck, from imported parts.
Manufacturing & contract electronics
Southeast Asia passes China as top market for Taiwan's electronics-making machines
Exports of Taiwan's electronics and chip production equipment rose 44.7% from January through August, and shipments to Southeast Asia more than doubled.