On May 23, multiple sources reported that Wingtech Technology Co. Ltd. has filed a lawsuit against Nexperia in a court in southern China. Wingtech is seeking USD 1.18 billion in compensation for economic losses. Wingtech wants the defendants to reverse the Dutch governance measures to seize control of Nexperia from
On May 22, Surface Transforms plc announced that it had entered into an asset sale agreement to sell all the business and assets of the company substantially to CCST Limited. This transaction is now completed. The assets included in the transaction include the trading business, computer systems, intellectual property
On May 20, SEALSQ Corp announced the integration of IC’Alps into its semiconductor and post-quantum technology ecosystem. By integrating IC’Alps’ ASIC engineering expertise, SEALSQ strengthens its capacity to design and control sovereign semiconductor technologies within Europe.
IC’Alps specializes in custom integrat
On May 18, Uno Minda Limited, in an investor update, announced that it has planned a total capital expenditure of approximately INR 17.5 billion in FY 2026-27 (ending March 31, 2027), comprising around INR 6.5 billion towards sustaining capex and around INR 11 billion towards growth capex and land acquisition.
Based
On May 23, Dhoot Transmission Limited, backed by Bain Capital (via BC Asia Investments XV Limited), filed an updated draft red herring prospectus with SEBI for an IPO comprising a fresh issue of up to INR 14 billion and the sale of up to 16.3 million shares with BC Asia Investments XV and Mangalam Capital Private Lim
In an investor update, JTEKT India announced that it has begun exports to Stellantis in Brazil from May 2026. The Brazil order, for manual steering gear systems, targets approximately 70,000 units in FY 2027 (ending March), scaling to 150,000 units in FY 2028 and up to 500 thousand units per annum over time. JTEKT's
On May 21, Covestro signed a memorandum of understanding (MoU) with Jiangsu Genofort to jointly develop and industrialize ultra-flexible printed electronics haptic interaction systems for automotive interior applications. The collaboration aims to support the development of intelligent automotive interiors with advan
Bosch MC Battery Service Innovations GmbH, a joint venture (JV) between Robert Bosch GmbH (Bosch) and Mitsubishi Corporation (Mitsubishi), has secured its first customer for its “Battery as a Service” (BaaS) solution in China with the inauguration of an energy service hub in Chizhou.
The facility is operated by Shang
ams-OSRAM AG announced that its OSIRE E3731i intelligent RGB LED, based on the Open System Protocol (OSP), has been integrated into the NIO ES9 e-SUV.
This is the first deployment of the ams-OSRAM’s OSIRE E3731i within the NIO lineup, delivering an immersive and personalized dynamic lighting experience inside the cab
Announced on May 18, 2026, Nissan highlighted the ongoing role of the Nissan Casting Australia Plant in producing key components supporting its latest 5-in-1 e-POWER system while recognizing the local workforce during Australian Made Week 2026.
The facility received Australian Made certification in 2025, with many co
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On May 25, NTN Corporation announced that it has developed hub bearings that further enhance its highly advanced low friction performance, reducing rotational friction by approximately 66% compared with the conventional product, thereby contributing to improved energy efficiency of xEVs (electrified vehicles) includi
Infineon Technologies AG (Infineon), a global semiconductor manufacturer headquartered in Germany, has achieved the world’s top market share in the automotive semiconductor market for six consecutive years. In August 2025, the company acquired Marvell Technology, Inc. (Marvell)’s automotive Ethernet business and is s
Announced on May 22, 2026, Continental inaugurated the expansion of its tire manufacturing plant in Rayong, Thailand. The project represents an investment of over EUR 300 million (approximately THB 13 billion) and increases annual capacity by 3 million passenger car and light truck tires.
The project also introduces
On May 25, Tamura Corporation (head office: Nerima-ku, Tokyo) announced that it will relocate its head office to Higashi-Ikebukuro, Toshima-ku, Tokyo. The relocation is subject to shareholder approval at the Annual General Meeting of Shareholders scheduled to be held on June 25, 2026, and is planned for May 2027.
As
At the Auto China 2026 event, under the theme “When Chips Shine”, Axera Semiconductor Co., Ltd. (Axera) fully showcased its latest R&D results and mass-produced solutions in areas such as automotive intelligent driving and edge AI computing. Axera automotive intelligent chips are applicable to combined driver assista
On May 24, Belrise Industries Limited (BIL) announced that it secured two new order wins in Q4 FY 2026 (ending March). The first is from a fast-growing two-wheeler and three-wheeler OEM for exhaust systems and fuel tanks for one of their highest-selling models, to be supplied from a brownfield expansion at its Bangal
In an investor update, Bosch Limited announced that it is actively working with OEMs to prepare for CAFE Phase 3 regulations, scheduled for rollout in April 2027, which will increase content per vehicle. The company is also spearheading ADAS adoption in commercial vehicles ahead of mandatory regulations that take eff
On May 20, BASF announced that it is focusing on strengthening and growing its core businesses in the next phase of its “Winning Ways” strategy. The newly established Core Transformation Office drives the implementation of cross-unit transformation projects across all core businesses, service units, and corporate cen
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