Tag: #batteries7 results
SoftBank's mobile unit will manufacture large-scale batteries for AI data centers at former Sharp plant in Sakai, Osaka, targeting 1 GWh/year output. Partners are South Korea's Cosmos Lab and DeltaX; production starts next FY April, zinc-halide in 2027.
SoftBank plans to convert part of Sharp's former LCD factory in Sakai, Osaka, into a major battery production line for AI data centers, targeting start by 2031. This completes vertical integration including chips from Arm, Graphcore, Ampere. Data centers need urgent power solutions.
Crusoe has acquired batteries from Form Energy capable of lasting days to power its new data centers. The deal underscores rising interest in long-duration storage for high energy prices or grid stress. This supports reliable AI infrastructure operations.
SoftBank's mobile unit will convert its Osaka factory into a major production line for large-scale batteries. The move aims to power its own AI data centers. This positions SoftBank deeper into AI infrastructure.
Changxin Technology's Q1 2026 net profit fell 39.88% to 47.9M RMB due to forex losses and impairments. 2025 annual profit dropped 42.94% linked to Bic Power joint venture. Company eyes compute power as new growth area despite challenges.
CATL reported 2025 revenue of 4237B RMB, up 17%; net profit 722B RMB, up 42%. Cash flow from ops hit 1332B RMB, up 37%. Power battery market share hits record high; energy storage #1 for 5 years.