ECARX reported second-quarter 2026 revenue up 45% year-over-year and 71% sequentially, with gross margin expanding to 19.8% from 10.8% a year earlier and a fourth consecutive quarter of positive adjusted EBITDA. Shipments rose 51% quarter-over-quarter to approximately 550,000 units, driven by a 92% sequential increase in high-end Antora solutions and a 43% sequential rise in Pikes computing platforms, which together now account for 42% of shipments. The company reaffirmed full-year 2026 revenue guidance of $1 billion to $1.1 billion, citing a second-half-weighted launch cadence, order backlog, and historical seasonality. ECARX also highlighted a definitive agreement to acquire the Flyme software business for approximately $266 million, a strategic partnership with TPK Holdings to co-develop the ORCA LiDAR platform with mass production targeted for 2028, and a share exchange agreement with Qualcomm Ventures.
Nidec Replaces Presidents of Four Subsidiaries with Outside Hires
Nidec announced on the 2nd that it is changing the presidents of four subsidiaries, including Nidec Techno Motor. All of the new presidents come from outside the company, with their appointments effective as of the 1st. At Nidec Techno Motor and Nidec Drive Technology, Takeshi Nishiyama, a senior managing executive officer from Sony, took the helm at age 57, while Yuji Tanaka, a senior executive officer at Nidec, assumed the post at age 61. At Nidec Powertrain Systems, Chairman Katsuhiro Wada, formerly of Omron, took over at age 63, and at Nidec Machine Tool, Senior Executive Officer Kenji Hamanaka, formerly of Mitsubishi Heavy Industries, took the position at age 55. Amid a string of misconduct cases, the group is also overhauling its personnel appointments to push forward with management reform.
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6594.JP · Regulation · Neutral Nidec replaces presidents of four subsidiaries with outside hires amid a string of misconduct cases, part of a management-reform overhaul.
Nidec Powertrain Systems Corporation · Regulation · Neutral Nidec Powertrain Systems gets Chairman Katsuhiro Wada (ex-Omron) as its new president in the group's management reform.
Nidec Techno Motor Corporation · Regulation · Neutral Nidec Techno Motor gets a new outside president (Takeshi Nishiyama, ex-Sony) as part of the group's personnel overhaul.
Infineon opens semiconductor plant in Thailand with investment of over 48 billion baht
Infineon Technologies Manufacturing (Thailand) opened a new plant in Samut Prakan province on October 1, 2026, with Prime Minister Anutin Charnvirakul presiding over the ceremony, joined by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas. The plant received investment promotion from the BOI with an investment value of over 48 billion baht, covering the production of power control chip systems, integrated circuit and wafer testing, as well as research and development of semiconductor products. The plant is Infineon's third power control chip system production base, following Germany and China, starting with phase 1 and with plans to expand up to 5 phases. If all 5 phases are completed, it will be Infineon's largest assembly and testing production base in the world, with a total cleanroom area of 150,000 square meters, roughly twice the size of the company's current largest plant. Infineon plans to employ more than 5,000 Thai personnel in total, or approximately 1,000 people per phase, while the BOI has set conditions requiring the development of more than 600 Thai personnel in science and technology and the sending of more than 130 Thai personnel for specialized technology training abroad.
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IFX.XETRA · Supply · Positive Infineon opened a new Thai plant expanding power-chip assembly, testing and R&D capacity, with plans for up to 5 phases making it its largest assembly/test base.
Vishay Launches Four 650 V Superjunction MOSFET Power Modules in SOT-227 Package
Vishay Intertechnology introduced four new power modules featuring 650 V superjunction MOSFETs in the industry-standard SOT-227 package. The Vishay Semiconductors VS-FC50SA65, VS-FC100SA65, VS-FC150SA65, and VS-FC50LA65 are designed to deliver an optimized balance between conduction and switching losses for high efficiency power conversion in industrial applications. Three of the devices are in a single-switch configuration with nominal current ratings of 50 A, 100 A, and 150 A, while the fourth is a 50 A device in a low side chopper configuration that integrates a 650 V SiC diode. All four leverage the latest 650 V superjunction MOSFET technology to achieve a competitive tradeoff between on-resistance and gate charge, and they operate over a temperature range of -55 °C to +150 °C. The SOT-227 package provides a drop-in replacement for competing solutions, lowering costs by eliminating the need for PCB redesigns, and sample and production quantities are available now with lead times of 12 weeks.
VSH · Technology · Positive Vishay launched four new 650 V superjunction MOSFET power modules in the SOT-227 package for high-efficiency industrial power conversion.
Infineon Opens Backend Manufacturing Hub in Bangkok, Targeting Up to 1,000 Jobs
Infineon Technologies AG officially inaugurated its new backend manufacturing site in Bangkok, Samut Prakan, together with Anutin Charnvirakul, Prime Minister of Thailand, and Alexander Gorski, Chief Operations Officer of Infineon Technologies. The greenfield facility is built for phased expansion and can scale up to five modules, giving Bangkok the potential to become one of Infineon's largest backend manufacturing sites over time; it currently employs around 350 people and is expected to grow to approximately 1,000 employees as the first building, Module A, ramps up. The site covers the full spectrum of semiconductor backend processes as well as wafer test, complementing the ongoing expansion of Infineon's frontend manufacturing capacities and serving automotive, industrial and energy infrastructure applications. The Bangkok site runs on 100 percent green electricity and incorporates water recycling, rainwater collection and on-site solar modules. Infineon had around 57,000 employees worldwide at the end of September 2025 and generated revenue of about €14.7 billion in its 2025 fiscal year.
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IFX.XETRA · Supply · Positive Infineon inaugurated a new Bangkok backend manufacturing site that can scale to five modules, expanding its backend capacity and complementing frontend expansion.
Nidec Shares Plunge 18% After PwC Declines to Sign Off on Annual Report
Nidec Corp shares tumbled as much as 18% to 1,888.0 yen on Thursday after auditor PwC declined to vouch for the accuracy of the company's long-delayed annual report. The report, released Wednesday for the fiscal year ending March 2026, showed a substantially wider operating loss of 518.9 billion yen, or $3 billion, driven by an impairment loss of 632 billion yen tied to its automotive and commercial products divisions. PwC added a disclaimer stating it was unable to obtain sufficient and appropriate evidence to form an opinion on the financial report, compounding a reputational crisis that began over a year ago when Nidec admitted to improper accounting and governance practices. An independent investigation found misconduct including non-disclosure of impairment losses and delays in recognizing inventory depreciation, and the company acknowledged material weaknesses in internal control, saying it will undertake initiatives to fix governance and compliance. Nidec must submit a report on internal controls to the Tokyo Stock Exchange by end-October or risk de-listing, and on Wednesday it also announced the abrupt resignation of CEO Mitsuya Kishida, with CTO Michio Kaida to take over as CEO and president.
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6594.JP · Capital · Negative PwC declined to sign off on Nidec's annual report, which showed a 518.9 billion yen operating loss and a 632 billion yen impairment, deepening its accounting crisis and de-listing risk.
PricewaterhouseCoopers · Regulation · Neutral PwC is the auditor that declined to vouch for Nidec's financial report, a professional/regulatory action rather than a business development for PwC itself.
Nidec's 632.1 Billion Yen Impairment Within Expectations, but Auditor's Disclaimer of Opinion Weighs on Share Price
Nidec, a global leader in motors, reported on September 30 its results for the fiscal year ended March 2026, posting an impairment loss of approximately 632.1 billion yen related to past accounting fraud issues. While many analysts viewed the size of the loss as within market expectations, the prevailing view is that the audit firm's continued disclaimer of opinion on the financial statements will weigh on the share price. Takayuki Naito of Citigroup Global Markets Japan, Shoji Sato of Morgan Stanley MUFG Securities, Ryusuke Katsura of SMBC Nikko Securities, and Kengo Seitaka of Mizuho Securities each offered their views.