JV Connects in India
Under a joint venture named Digital Connexion, Brookfield, Reliance Industries and Digital Realty have teamed up on a planned 1 gigawatt AI-native data center in southern India. The $11 billion investment will support the data center campus’ buildout on a 400-acre site in the port city of Visakhapatnam, located in the state of Andhra Pradesh, by 2030. The region known for ship building has now become the target of major AI infrastructure development, as this news follows Google’s $15 billion data center announcement in the city.
Increased spandex production capacity aims to create a more flexible supply chain in the Asia-Pacific region.
Photo courtesy of LYCRA Company
Spandex Expands As Needed
In November 2025, fiber solutions manufacturer LYCRA Company opened doors to its new fiber plant in Ningxia Province. The over $113 million facility will be the company’s second location in China, creating 500 new jobs in the Yinchuan region. “China is strategically important, representing over 50% of the global apparel production market,” said LYCRA Company CEO Gary Smith. “This partnership enables us to optimize our product mix more broadly while meeting the increase in demand for quality spandex.” The facility will bring an additional 30,000 tons of spandex production capacity, scaling to 120,000 tons over several years.
The Future Mobility Battery Campus is anticipated to bridge Hyundai’s battery ecosystem, driving future innovation and promoting cross-industry collaboration.
Rendering courtesy of Hyundai Motor Company
Powering Up In South Korea
Hyundai’s global investment sweep continues as the automotive giant looks to plant its first comprehensive battery R&D center in South Korea. The company has invested $814 million in the new 48-acre Anseong site, which aims to advance Hyundai’s EV performance and market competitiveness. The over 1-million-sq.-ft. facility will uniquely perform continuous process validation for battery cells, in addition to battery development. This approach ensures consistency and reliability in real-world conditions and is not currently practiced at the company’s research centers in Namyang and Uiwang. The new facility is expected to become operational by the end of 2026.
“Asia Pacific is projected to grow at 22% CAGR between 2025 and 2030, adding 17 GW of operational capacity. Johor, Bangkok and Melbourne have become the fastest-growing cities, currently accounting for 8% of capacity in Q3 2025, with their share expected to double to 16% by 2030.”
— Cushman & Wakefield’s Asia Pacific Outlook 2026 report noting rapid growth within the region’s developing data center markets
Arizona-based onsemi is one of the only companies in the world to produce SiC-based semiconductors from crystal growth to advanced packaging solutions.
Photo courtesy of onsemi
More Czech Chips
Up to $2 billion will be invested by Arizona-based semiconductor manufacturer onsemi for a new vertically integrated silicon carbide (SiC) production facility in Roznov, Czech Republic, after the EU approved the equivalent of a US$518 million subsidy. The site brings advanced packaging capabilities to the company’s current operations in the Zlín region. The project represents one of the first major semiconductor manufacturing investments in Central Europe and will produce more than 3 million wafers per year, vital to supporting EV, data center and renewable energy growth across Europe.
