Tower Semiconductor announced a strategic expansion of its 300mm Silicon Photonics and Silicon Germanium manufacturing capacity in Japan, supported by a $1 billion grant from the Japanese government. The expansion includes repurposing existing facilities and building a new manufacturing plant to meet rising demand from AI and data center markets. The company aims to boost revenue to $3.6 billion and net profit to $1.2 billion by 2028, with significant growth expected from 2029 onward. This move strengthens Japan's semiconductor ecosystem and Tower's technology leadership in advanced analog solutions.
FREELANDER, a British premium automotive brand co-developed by Chery and Jaguar Land Rover, announced its first international market launch in Abu Dhabi, UAE, scheduled for September 2026. This launch marks a key milestone in the brand's global expan...
The global blood glucose monitoring system market, valued at $16.8 billion in 2025, is projected to grow to $39.4 billion by 2035 at an 8.9% CAGR. Growth is fueled by rising diabetes prevalence, advancements in AI-enabled monitoring devices, and incr...
JCB, a Japanese payments company, has partnered with Circle to pilot the use of USDC, a dollar-backed stablecoin, for internal cross-border treasury transfers and merchant payments in Japan. The initial phase focuses on JCB's internal fund transfers,...
Pi Network's cryptocurrency PI plunged 17% on July 13 to an all-time low of $0.0785, driven by aggressive sell-offs from long-term holders known as "pioneers." The token has lost over 60% of its value year-to-date and 97% from its February 2025 peak ...
AstraZeneca has agreed to pay $600 million upfront, with up to $900 million more based on milestones, to acquire global rights to Zegfrovy, a lung cancer pill developed by China's Dizal Pharmaceutical. The drug targets non-small cell lung cancer pati...
