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Industry

U.S. tightens security lock on ESS; Korean battery makers with North American plants eye order rally

The U.S. government has designated battery energy storage systems as equipment tied to national security, raising expectations that Korean battery makers with U.S. production bases will win more North American ESS orders in the second half. LG Energy Solution expects new ESS orders of 70 GWh in the second half, while SK On has secured a deal to supply 9 GWh over five years. Samsung SDI is converting EV production lines to ESS.

Industry

China\'s auto industry bets on humanoid robots as next growth engine, following Tesla

Chinese automakers are stepping up investment in humanoid robots as a next-generation profit business, seeking new revenue as electric-vehicle profitability declines. Xpeng\'s robotics unit raised more than $900 million at a valuation above $6.3 billion, with investors including IDG Capital, Gaorong Ventures, Tencent and Alibaba. Analysts say China has an edge in manufacturing and supply chains, but AI will determine competitiveness against Tesla. Global automakers are also expanding robot efforts.

Games & Commerce

Superfast selects two final teams for game discovery program

Superfast said on Monday it has selected Tripul Games and Keymaker Games as the final teams for its game discovery and incubation program, Superfast Next. A total of 100 teams applied, and 20 that passed document screening joined a pitching day held last month. Superfast said it evaluated game quality, development capability and growth potential. It plans to provide investment and business support, including publishing, through its Steam-focused label Offmoon.