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Amkor has committed $1.6 billion for the first two phases of the project for facility, machinery and equipment, making a substantial contribution to Vietnam’s economic growth. The result will be Amkor’s most advanced facility, delivering next-generation semiconductor packaging capabilities.

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Hesai Technology announced an ADAS lidar design win with Neta Auto’s new series production vehicle. Hesai will supply ultra-high resolution long-range lidar AT128 for Neta Auto’s upcoming vehicle model which is expected to launch in the first half of 2025.

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Indian electric bus manufacturer JBM Electric Vehicles launched its all-electric city bus Ecolife and luxury coach Galaxy. This also marks JBM Electric Vehicles’ entry into the European Union region with an array of products & solutions specifically tailored towards providing end-to-end e-mobility ecosystem solutions.

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ZF is expanding its relationship with Oceaneering International, headquartered in Houston, Texas. The agreement brings together the strengths of both companies by combining Oceaneering’s engineering, manufacturing, and integration expertise with ZF’s know-how in developing the building functions needed to advance autonomous driving.

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