South Korea US$665.5 million Industrial Growth Fund expands financing for manufacturing AI, R&D commercialization and regional industry growth.

Space42 says local assembly and testing of Foresight satellites in Abu Dhabi show the UAE is building stronger space manufacturing capability.

NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide subsidies for chip design projects, manufacturing equipment and the development of a local semiconductor supply chain, covering…

EuroWire, LEIPZIG: BMW Group has launched a pilot project using humanoid robots in production at its Plant Leipzig, marking the company’s first deployment of humanoid robotics on a factory floor in Germany. BMW announced the project on Feb. 27 and provided additional details on March 9, describing the move as part of what it…