TCL Technology’s display unit, China Star Optoelectronics Technology (CSOT), has completed the acquisition of LG Display’s Chinese businesses, taking full ownership of the two subsidiaries that operated LG’s Guangzhou panel and module factories. LG Display previously held an 80% stake in LGD CA and 100% of LGD GZ. In September 2024, the two companies reached an agreement that TCL CSOT will…

Tensions are flaring yet again between China and the US. China has reportedly made plans to impose export controls on certain lithium batteries, key anode and cathode materials, and manufacturing equipment starting November 8, 2025. If China enforces the controls, consumer electronics like notebooks will be significantly impacted. However, data center Battery Backup Unit (BBU) systems primarily use Japanese and Korean cells, making the impact there relatively limited.

The global AI wave is driving rapid expansion of data centers worldwide, with server computing density and power consumption rising in tandem. According to the International Energy Agency (IEA), global data center electricity demand could double by 2030, while load growth from AI training and inference may far exceed current expectations.