TAIPEI (Taiwan News) — Foxconn and its subsidiary Pan-International Industrial Corp. will invest NT$1.18 billion (US$37 million) to acquire a 52% stake in Belgian startup Magnax, aiming to advance ...
Electric motors are the beating heart of any electric vehicle, and thanks to a startup in Belgium, your next EV’s motor could be stronger, smaller and more efficient. Magnax is hard at work developing ...
Today, most electric machines operate with radial flux (RF). Magnax offers a new concept, though—a machine that operates with axial flux (AF). Figure 1 provides a comparison of the RF and AF ...
Hon Hai Precision Industry ( (HNHPF)) has shared an announcement. Hon Hai’s subsidiary LinYih International Investments Co., Ltd. has agreed to acquire 424,631 preferred shares of Magnax BV for a ...
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