AGP Executive Report
Last update: 2 hours agoSemiconductor Security: Belgian prosecutors detained a 52-year-old man linked to bankrupt gallium nitride chipmaker BelGaN over alleged semiconductor espionage, including claims he also directed a Chinese firm set up soon after he joined; devices and communications were seized as the case heads toward trial. Chipmaking Momentum: ASML secured major commitments from top chipmakers for new production gear, while ASML, TSMC and imec reported a 94% yield on next-gen 2D material transistors—signaling progress beyond traditional silicon. Energy Infrastructure: ENGIE formally inaugurated its 875MW Flémalle flexible gas plant, selected under Belgium’s capacity mechanism, designed to ramp quickly to balance renewables. Offshore Wind Power: Belgium’s Princess Elisabeth energy island nears completion after an EIB-backed €1bn injection, aiming to aggregate offshore wind before sending power ashore. Logistics & Trade: Liege hosts the EU Cross-Border E-Commerce Forum (8-10 Sept) with 1,000+ attendees, while SolitAir launched freight services to Ghana. Pharma & Biotech: Nyxoah implanted the first patient in its US BREATHE study for the Genio sleep apnoea system; Purna Pharmaceuticals added operations and quality leadership in Puurs. Procurement Policy: A Brussels procurement overhaul is expected to target China, with experts warning it could raise costs and reduce competition. Deforestation Lobbying: Mondelez (Toblerone) is accused of lobbying Brussels and Washington to weaken the EU deforestation rules.
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