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global manufacturing industry
Trends
- 1Two Chinese EV Makers Announce Merger DealβTwo of Chinaβs EV Makers Announce a Deal as Auto Industry Moves Toward Consolidation
Two of China's electric vehicle manufacturers have announced a deal, a sign that the country's crowded and fiercely competitive EV sector is entering a period of consolidation. The move comes as intensifying price wars and overcapacity push weaker automakers toward partnerships or exits, and industry watchers expect more deals to follow as China's auto market reshapes itself.
- 2
Singapore is stepping up its investment in the semiconductor sector, according to the Financial Times. The city-state has long been a key hub for chip manufacturing and research, hosting major global players, and is now positioning itself to capture a larger share of an industry reshaped by supply-chain shifts and government subsidy races worldwide.
- 3Five million robots now work in factories worldwideβFive million robots now work in factories as humanoid hype is tested
New reporting puts the global fleet of industrial robots at five million units, a milestone for factory automation. The figure lands as the industry tests whether humanoid robots can live up to years of hype, with traditional robotic arms still doing the bulk of real manufacturing work. Observers are weighing how quickly humanoids might move from demos to production lines.
- 4LONGi lifts silicon solar cell efficiency to record 28.29%βLONGi pushes silicon solar efficiency to 28.29%, nearing the technology's theoretical ceiling
Chinese solar manufacturer LONGi reports a new silicon solar cell efficiency record of 28.29%, closing in on the technology's theoretical limit of around 29%. The milestone highlights how far cell engineering has progressed and how little headroom remains for conventional silicon, intensifying focus on next-generation designs like perovskite tandem cells. Industry observers are weighing what the achievement means for future cost reductions and the solar sector's competitive race.
- 5ASML says Europe risks falling behind in chipmakingβASML said it isnβt selling chipmaking machines in Europe, warning the region risks falling behind the US, China and Indi
ASML, the Dutch maker of advanced lithography machines essential for producing cutting-edge semiconductors, says it is not selling its chipmaking equipment in Europe. The company warned that the region risks falling behind the United States, China and India in the race to build semiconductor manufacturing capacity. The remarks have drawn attention across Europe, India and China, where debate is growing over Europe's ability to secure a place in the global chip industry.
- 6Dietary supplements market set to hit $324.9 billion by 2034βΌGlobal dietary supplements market to reach $324.9bn by 2034
A new industry forecast projects the global dietary supplements market will reach $324.9 billion by 2034. The projection points to steady growth in demand for vitamins, minerals and nutraceutical products worldwide. Industry observers attribute the momentum to rising health awareness, ageing populations and expanding consumer interest in preventive nutrition, with manufacturers expected to compete for share across developed and emerging markets alike.
- 7ASML says it has zero customers in EuropeβEurope's biggest chip company has zero customers at home; ASML executive says: We're not selling anything
ASML, Europe's most valuable chip technology company, reportedly has no customers on its home continent, with an executive stating plainly that the company is not selling anything there. The Dutch firm dominates the global market for advanced lithography machines used to make cutting-edge chips, but its buyers are concentrated in Asia and the United States, leaving Europe essentially absent from advanced chipmaking.