SoftBank is entering the energy storage industry, aiming for gigawatt-level annual production capacity by fiscal year 2028. The company will partner with South Korean firms Cosmos Lab and DeltaX to develop "zinc-halogen" batteries with water-based electrolytes and design large-scale energy storage systems. This move signifies SoftBank's expansion into new industrial sectors. AI
Summary written by gemini-2.5-flash-lite from 1 source. How we write summaries →
RANK_REASON Company entering a new industry with specific production targets and technology partnerships. [lever_c_demoted from significant: ic=1 ai=0.1]