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The long-term agreements secure the delivery of distribution and power transformers, helping to address the global transformer shortage, a critical component in strengthening France’s electricity grid.

With this contract, LSCUS, the US subsidiary of South Korean company Gaon Cable, has added AI cloud providers to its existing customer base of big tech and generative AI companies.

Powered by the latest generation Rolls-Royce Trent 7000 engines, the A330neo is designed to fly up to 8,100 nautical miles / 15,000 kilometers non-stop.

Obsolescence risks in electronics supply chains have never been as numerous as they are today, according to Axel Wagner, Chairman of the German industry association COGD. He points to shifting semiconductor strategies, geopolitics and trade restrictions, and calls on companies to manage obsolescence across the whole company rather than within purchasing alone.

Tessolve is a Bangalore-based semiconductor engineering company offering end-to-end solutions across chip architecture, design, validation, testing and embedded systems. The investment round was spearheaded by US firm Vector Line.