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TDK Corporation
6762.JP
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TDK Wins AMF Approval for Tronic’s Tender Offer at €5.56 Per Share

TDK Electronics AG has received approval from the French Financial Markets Authority for its public tender offer to acquire shares of Tronic’s Microsystems S.A. at a price of €5.56 per share. The offer will be open for 10 days, after which a mandatory squeeze-out for the remaining shares will take place.

Reuters·
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Reuters·
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TDK Electronics Switches All Production Sites to 100% Renewable Electricity

TDK Corporation has announced that all production sites of its subsidiary, TDK Electronics AG, are now powered entirely by renewable electricity, achieving its 2025 target ahead of schedule. This transition reduces CO₂ emissions by approximately 170,000 metric tons annually compared to 2015 levels. TDK Electronics aims for CO₂ neutrality for Scope 1 and 2 emissions by 2030 and plans to increase annual electricity generation from photovoltaic systems from 24,700 MWh to 44,000 MWh by 2026.

Reuters·
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Reuters·
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TDK Ventures invests in EdgeCortix for global expansion of edge AI platform, focusing on SAKURA-II processors.

In San Jose, California, TDK Corporation (TSE: 6762) revealed that its corporate venture-capital arm, TDK Ventures, Inc., is participating in the Series B funding of EdgeCortix® Inc. The latter is a top fabless semiconductor firm focused on energy-efficient Artificial Intelligence (AI) processing at the edge. Through this investment, TDK Ventures aims to boost the mass production of EdgeCortix's acclaimed SAKURA-II AI co-processors, which have already achieved significant success and garnered multiple design wins.

Unusual Whales·
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Unusual Whales·
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TDK Ventures Invests in EdgeCortix to Boost Edge AI Expansion

TDK Ventures has invested in EdgeCortix Inc. during its Series B funding round. The Tokyo-based semiconductor firm focuses on energy-efficient AI processing at the edge and plans to use the funds to mass-produce its SAKURA-II AI co-processors and develop the SAKURA-X chiplet platform. This marks TDK Ventures' first investment in a Japanese company, aimed at supporting EdgeCortix's global expansion in edge AI technology.

Reuters·
US
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Reuters·
US
SOXL
+4.54%

06:35 ET Rare Earth Magnets Market worth $30.01 billion by 2030 - Exclusive Report by MarketsandMarkets™

The Rare Earth Magnets Market is projected to grow from USD 21.98 billion in 2025 to USD 30.01 billion by 2030, at a CAGR of 6.4%. Key drivers include demand from consumer electronics, robotics, and electric vehicles. The automotive sector is the largest end-user, driven by the shift to electric vehicles. Sintered manufacturing processes dominate due to their superior magnetic strength. Major players include Proterial, Shin-Etsu Chemical, TDK Corporation, and VACUUMSCHMELZE, focusing on partnerships and expansions to strengthen market positions.

prnewswire·
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prnewswire·
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