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☆ Japan's TDK Corp to manufacture iPhone battery cells in India - minister
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

A man takes a video inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Dec 4 (Reuters) - Japanese electronic parts maker TDK Corp (6762.T) will manufacture lithium ion (li-ion) battery cells for Apple (AAPL.O) iPhones in India, a minister said on Monday. loadingApple has been touting India as its next big growth driver as it looks to move some production away from China. Cells manufactured at the facility will be supplied to Apple's li-ion battery assembler Sunwoda Electronics, the report added. Apple and TDK Corp did not immediately reply to Reuters' request for comment.

Persons: Francis Mascarenhas, TDK, Information Technology Rajeev Chandrasekhar, Manvi, Varun Organizations: Apple, REUTERS, Rights, TDK Corp, Information Technology, Twitter, Business, Reuters, Thomson Locations: Mumbai, India, iPhones, China, Wistron, Haryana, Manvi Pant, Bengaluru

☆ Lumentum to buy Cloud Light for $750 mln as demand for cloud-based solutions rises
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

Oct 30 (Reuters) - Lumentum Holdings (LITE.O) said on Monday it would buy Hong Kong-based Cloud Light Technology for about $750 million, as the networking equipment maker looks to capitalize on growing demand for cloud computing. Cloud Light, which makes fiber optic equipment and automotive sensors, is expected to expand Lumentum's opportunities in the cloud data center and networking infrastructure space. Cloud Light, which was spun off from Japanese electronic components manufacturer TDK (6762.T) in 2018, generated about $200 million in revenue over the last year, Lumentum added. Lumentum intends to finance the transaction, expected to close by the end of this year, through cash from its balance sheet. At the time of closing, the transaction amount would be paid in cash and the assumption and substitution of outstanding unvested Cloud Light options.

Persons: Lumentum, Arsheeya, Shilpi Majumdar Organizations: Lumentum Holdings, Light Technology, Microsoft, Google, Securities, Thomson Locations: Hong Kong, California, Bengaluru

☆ Veterans from Tesla, Northvolt hatch plan to mass-produce huge batteries to store solar and wind energy
▼ + stars: | 2023-10-04 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

The mountains of Colorado in the background inspired the name of the company, Peak Energy. We're completely the opposite," Cameron Dales, president and chief commercial officer of Peak Energy, told CNBC in a video interview Friday. 1 issue we face as it relates to expanding renewable energy sources is storage," Reichow told CNBC. "We're running a playbook which I and the rest of the executive team initially demonstrated and deployed at Northvolt," Mossburg told CNBC. "Landon and I worked together at Tesla and I know what he's capable of delivering," Reichow told CNBC.

Persons: Cameron Dales, Landon Mossburg, We're, Greg Reichow, Reichow, Ryan Gibson, Aidan Madigan, Curtis, Cameron, Mossburg, Northvolt, Peter Carlsson, Rho Kana, Enovix, Anil Achyuta, Landon, Tesla, Cam, It's, Alun Thomas, Dales Organizations: Peak Energy, Energy Battery, Energy, CNBC, Eclipse, Tesla, TDK Ventures, United States Energy Information Administration, Eclipse Venture, Cameron Dales, US, Dales, Symyx Technologies, Northvolt, Ford, Manufacturing Engineering, Panasonic Locations: Colorado, Silicon, Tokyo, San Francisco, Northvolt, Sweden, Cameron Dales, Fremont , Calif, Fremont , California, Penang, Malaysia, China, United States, U.S, Nevada, Enovix

☆ New silicon anodes could help EV batteries go farther, charge faster
▼ + stars: | 2023-04-04 | by ( Paul Lienert | ) www.reuters.com time to read: +2 min

Two startup companies, Group14 Technologies and Sila Nanotechnologies, are focused on new applications for silicon, an abundant element that is being developed as a supplement or replacement for graphite in battery anodes. Seven-year-old Group14 said on Tuesday that it has begun constructing a commercial-grade facility in Moses Lake for its SCC55 silicon-carbon powder. Group14’s joint-venture plant in Korea with battery maker SK is scheduled to open this year, according to Rick Luebbe, CEO and co-founder. Sila has raised more than $900 million, with Mercedes, ATL and Siemens (SIEGn.DE) among its corporate investors. Strong demand for silicon-rich anodes means “we’re under pressure to go faster and bigger,” Luebbe said.

☆ 23 major brands suspected of illegally sourcing products made by forced labor in China
▼ + stars: | 2022-12-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

And more ...Mary Meisenzahl/InsiderThese companies have also been suspected of having direct or indirect ties to Chinese forced labor in the aforementioned reports. Bosch"Bosch is committed to ensuring that its products are not produced wholly or in part by forced labor. "Compliance with human rights, labor rights and environmental standards is a top priority at PUMA and has been specified in our Codes of Conduct for over 20 years." As stated in our Business Conduct Guidelines, we reject all forms of oppression, forced labor and participation in human rights violations. We will continue to respect human rights and take a strong stand against forced labor."

☆ O companie din Israel a produs prima baterie pentru mașini electrice care se încarcă în 5 minute
▼ + stars: | 2021-01-20 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

O companie din Israel a reușit să producă prima baterie pentru mașini electrice care se poate încărca complet în numai cinci minute. Bateria pe litiu a fost dezvoltată de israelienii de la StoreDot și produsă de compania Eve Energy în China pe o linie standard de producție, scrie digi24.ro. Bateria care se încarcă în doar cinci minute este produsă pe baza unei tehnologii care are aceleași costuri cu bateriile auto obișnuite. Compania StoreDot a mai produs prin această tehnologie inovatoare baterii destinate telefoanelor, dronelor și scuterelor electrice. Faptul că încărcarea bateriilor durează mult și teama de a nu rămâne fără baterie în mijlocul drumului sunt motivele pentru care multă lume ezită încă să-și cumpere un vehicul electric.

Organizations: Eve Energy, Daimler, BP, Samsung Locations: Israel, China

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