According to Intel’s press release, the chip giant and Apollo signed a definitive agreement under which Apollo-managed funds and affiliates will lead an investment of US$11 billion to acquire from Intel a 49% equity interest in a joint venture entity related to Intel’s Fab 34.

STMicroelectronics (ST) and Geely have announced a multi-year agreement for the supply of Silicon Carbide (SiC) devices and the establishment of a joint lab to collaborate on vehicle electrification and digitalization. This deal comes as China emerges as a major EV market that component suppliers cannot afford to ignore, with automakers increasingly forming direct relationships with these suppliers.

据龟尾企业界6月5日透露，LG Display计划在今年下半年之前撤出龟尾M3（模组）生产设施。自愿退休也在进行中。根据公司与工会协议，年龄30周岁以上、工龄5年以上的技术人员符合资格。据悉，自愿退休人员将获得45个月的固定工资以及子女的学费。