AI and edge computing demand is accelerating, prompting industrial memory module maker Innodisk to project strong growth through 2026. Chairman and president Randy Chien said NAND Flash prices remain on an upward trajectory, while Google TurboQuant is not a new compression technology. Similar to the DeepSeek effect in 2025, optimization is expected to broaden applications and lift demand. Innodisk expects its edge AI business to grow multiple-fold in 2026.

Flex said it has reached a definitive agreement to acquire Electrical Power Products (EP2), a specialist in engineered-to-order electrical control and protection systems, as it expands its footprint in critical power infrastructure.

The used mobile phone recycling market in China has recently heated up, with even non-functional old phones being collected at significantly higher prices than before. This surge is driven by a severe global shortage of consumer-grade memory chips.