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Global Battery Authentication ICs Market to Reach USD 1.18 Billion by 2030, Growing at a 9.3% CAGR | Valuates Reports

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BANGALORE, India, March 10, 2025 /PRNewswire/ — Battery Authentication ICs Market is Segmented by Type (WSON, SOT), by Application (Li-Ion, Li-Po, NiMH)

The Global Market for Battery Authentication ICs was estimated to be worth USD 635 Million in 2023 and is forecast to a readjusted size of USD 1176.4 Million by 2030 with a CAGR of 9.3% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Battery Authentication ICs Market:

The Authentication ICs market is experiencing robust expansion driven by evolving security requirements in battery systems. Innovations in packaging technologies and integration of advanced ICs are improving product reliability and safety across various industries. The convergence of stringent regulations and rising consumer awareness is encouraging manufacturers to invest in enhanced authentication solutions. This market is marked by dynamic competition as companies strive to offer innovative products that address both cost efficiency and operational reliability. Strategic collaborations and investments further propel market growth by ensuring continuous development and adoption of secure battery technologies. Ultimately, these trends are setting new industry benchmarks and redefining the landscape for authentication ICs in the global market. Market leaders continue to innovate and drive growth.

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TRENDS INFLUENCING THE GROWTH OF THE BATTERY AUTHENTICATION ICs MARKET:

Surface-mount (SOT) packages are fundamentally enhancing the Battery Authentication ICs market by providing compact, reliable solutions that cater to evolving industry needs. Their minimized footprint and robust performance enable manufacturers to integrate secure authentication processes within battery systems without compromising on design or efficiency. This packaging format supports high-density circuit configurations, which are critical for modern devices requiring sophisticated security measures. Moreover, SOT packages improve thermal management and signal integrity, ensuring consistent operation under demanding conditions. Consequently, they facilitate higher reliability and safety standards, attracting investments from automotive, consumer electronics, and industrial sectors. The resulting market expansion reflects increased demand for secure battery systems globally. This progress significantly bolsters market competitiveness and drives future innovations in battery security solutions.

Wire Small Outline No-lead (WSON) packages are increasingly pivotal in advancing the Battery Authentication ICs market by offering a compact design that meets the rigorous demands of modern electronics. Their unique construction minimizes lead inductance and enhances electrical performance, making them ideal for integration in secure battery systems. WSON packages contribute to lower assembly costs and improved thermal performance, facilitating reliable operation even in challenging environments. This efficient packaging solution supports the trend towards miniaturization and high-performance security, thereby fostering innovation and market expansion. As industries seek cost-effective and durable solutions, WSON packages are gaining widespread acceptance across automotive, consumer, and industrial applications worldwide. Their growing popularity underscores the vital role they play in boosting system reliability and market performance.

Lithium-Ion (Li-Ion) batteries are critically propelling the growth of the Authentication ICs market by offering high energy density, long cycle life, and superior performance in demanding applications. Their widespread use in portable electronics, electric vehicles, and renewable energy systems has necessitated advanced authentication solutions to ensure battery integrity and safety. The integration of Li-Ion batteries with authentication ICs enhances system reliability by preventing unauthorized access and ensuring accurate monitoring. Furthermore, these batteries support rapid charging and consistent power delivery, driving industry innovations that bolster secure battery management. Consequently, the market benefits from improved operational efficiency, increased consumer trust, and the accelerated adoption of energy storage technologies worldwide. This synergy between Li-Ion technology and authentication solutions is revolutionizing industry standards globally.

Stringent safety standards and international regulations are driving the demand for robust authentication ICs in battery systems. Authorities are mandating higher levels of security and reliability to mitigate risks associated with battery failures and unauthorized access. This has compelled manufacturers to adopt advanced authentication solutions that not only comply with legal requirements but also enhance system performance. By aligning with regulatory guidelines, companies can avoid costly penalties and ensure consumer trust in their products. The rigorous oversight by governing bodies fosters an environment where continuous improvement in authentication technologies is prioritized, ultimately contributing to market growth and sustainable industry practices in the face of evolving safety challenges. This focus reinforces quality assurance and accelerates product acceptance globally.

Companies are increasingly prioritizing cost efficiency by streamlining production and integrating authentication ICs into battery systems. These initiatives reduce overall expenses while maintaining high-quality safety standards. Economies of scale and process optimization drive down manufacturing costs and improve product competitiveness in a saturated market. Businesses are adopting innovative strategies to balance cost with performance, ensuring secure battery solutions remain affordable for diverse applications. Enhanced cost control measures enable rapid scalability and efficient resource utilization, further reinforcing market growth. By focusing on cost efficiency, manufacturers can offer attractive pricing without compromising on quality, ultimately attracting a broader consumer base and encouraging long-term market sustainability across various industrial segments. Such initiatives drive profitability and foster a resilient market globally.

Significant capital investments are being directed towards improving quality assurance measures in authentication ICs for battery systems. Firms are allocating resources to upgrade production processes and implement rigorous testing protocols. These investments are aimed at ensuring product durability and safety while meeting strict international standards. Enhanced quality assurance frameworks foster customer confidence and mitigate risks related to system failures and security breaches. By bolstering product reliability, companies can achieve higher market penetration and sustain long-term growth. This strategic focus on quality assurance not only reinforces compliance with regulatory demands but also drives competitive differentiation, ultimately leading to improved brand loyalty and increased market share in an evolving global landscape. Such financial commitments are transforming industry perspectives.

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BATTERY AUTHENTICATION ICs MARKET SHARE

Asia-Pacific, in particular, stands out as a major hub for innovation and manufacturing, contributing substantially to market expansion.

Regions such as Europe and North America also maintain robust market presence, bolstered by investments in research and development.

Key Companies:

Analog DevicesTexas InstrumentsRenesas ElectronicsMicrochip TechnologySemtechAtmelMaxim IntegratedUNIT Electronics

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          The global market for Battery Charger Identification (BCID) ICs was estimated to be worth USD 635 Million in 2023 and is forecast to a readjusted size of USD 1176.4 Million by 2030 with a CAGR of 9.3% during the forecast period 2024-2030.

–          The global Automotive Lithium Battery Management Chip market was valued at USD 1500 Million in 2023 and is anticipated to reach USD 2599.4 Million by 2030, witnessing a CAGR of 8.2% during the forecast period 2024-2030.

–          Battery Monitoring Market

–          The global market for Battery Cell Authentication Solutions was valued at USD 861 Million in the year 2023 and is projected to reach a revised size of USD 1240 Million by 2030, growing at a CAGR of 5.6% during the forecast period.

–          The global Automotive Lithium Battery Management Chip market was valued at USD 1500 Million in 2023 and is anticipated to reach USD 2599.4 Million by 2030, witnessing a CAGR of 8.2% during the forecast period 2024-2030.

–          The global market for Battery Security ICs was estimated to be worth USD 635 Million in 2023 and is forecast to a readjusted size of USD 1176.4 Million by 2030 with a CAGR of 9.3% during the forecast period 2024-2030.

–          The global market for Battery Charger Identification (BCID) ICs was estimated to be worth USD 635 Million in 2023 and is forecast to a readjusted size of USD 1176.4 Million by 2030 with a CAGR of 9.3% during the forecast period 2024-2030.

–          The global market for Two-wheeler Battery Swapping Service was valued at USD 2323 Million in the year 2023 and is projected to reach a revised size of USD 13700 Million by 2030, growing at a CAGR of 17.1% during the forecast period.

–          The global market for Lithium Battery Management IC was estimated to be worth USD 40380 Million in 2023 and is forecast to a readjusted size of USD 69600 Million by 2030 with a CAGR of 8.1% during the forecast period 2024-2030.

–          The global market for Narrowband IoT Access Service was estimated to be worth USD 6340 Million in 2023 and is forecast to a readjusted size of USD 8820.9 Million by 2030 with a CAGR of 4.9% during the forecast period 2024-2030.

–          The global Powered Smart Cards market is projected to grow from USD 943.6 Million in 2024 to USD 1727.2 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period.

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Technology

Galaxy Digital Inc. Announces Pricing of $3.507 Billion of Senior Secured Notes

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NEW YORK, July 23, 2026 /PRNewswire/ — Galaxy Digital Inc. (NASDAQ: GLXY) (“Galaxy” or the “Company”), a global leader in digital assets and data center infrastructure, today announced that its indirect wholly owned subsidiary, Galaxy Helios Data Centers II LLC (the “Issuer”), has priced a $3.507 billion private offering (the “Offering”) of 9.875% senior secured notes due 2031 (the “Notes”). The Offering is expected to close on July 28, 2026, subject to market and other conditions.

The Issuer intends to use the net proceeds from the Offering to finance a portion of the development and construction of two buildings containing eight data halls with a combined total of 400 megawatts (“MW”) of utility capacity and 260 MW of critical IT capacity (the “Project”) to be built on an approximately 260-acre property in Dickens County, Texas and to fund debt service reserves.

The Notes will bear interest at a rate of 9.875% per annum payable semi-annually in cash in arrears on February 1 and August 1 of each year, beginning on February 1, 2027 and will mature on August 1, 2031. The Notes will amortize at a rate of 4.00% per annum of the original principal amount subject to adjustment, with amortization payments payable semi-annually with the first payment date to occur at least ten months after the completion of the Project.

The Notes will be fully and unconditionally guaranteed by Galaxy Helios II LLC, a wholly owned direct subsidiary of the Issuer (the “Guarantor”), and will constitute the senior secured obligations of the Issuer and the Guarantor. The Notes and related note guarantee will be secured by first-priority liens on (i) substantially all assets of the Issuer and the Guarantor, other than certain excluded property and (ii) all equity interests of the Issuer held by the direct parent company of the Issuer.

The Offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the Offering may be completed.

The Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction, and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and any applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.

This press release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Galaxy

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Our 1.63 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.

Forward Looking Statements

This press release includes forward-looking statements, including statements relating to the completion, size and timing of the Offering, the terms of the Notes and the intended use of proceeds. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements represent the Company’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the satisfaction of the closing conditions related to the Offering and risks relating to the Company’s business, including those described in periodic reports that the Company files from time to time with the SEC. The Issuer may not consummate the proposed Offering described in this press release and, if the proposed Offering is consummated, cannot provide any assurances regarding the final terms of the Offering or the Notes or its ability to effectively apply the net proceeds as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and the Company does not undertake to update the statements included in this press release for subsequent developments, whether as a result of new information, future events, or otherwise, except as may be required by law.

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SOURCE Galaxy Digital Inc.

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The Finish Line that Changed China: Retracing the Long March to Yan’an

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BEIJING, July 23, 2026 /PRNewswire/ — A news report from China.org.cn on the Long March, and what it means for China today:

 

Every journey has a destination.

But some destinations become the beginning of something even greater.

This is Yan’an.

Over 90 years ago, an army of soldiers embarked from Yudu, Jiangxi Province, on a journey that would go down in history.

They crossed snow-capped mountains, vast grasslands and raging rivers, eventually arriving in northern Shaanxi.

Across this grueling 12,500-kilometer journey, they wrote a magnificent epic in human history with willpower and courage.

Here, their Long March came to a victorious end. But a new chapter of history was only beginning.

In Yan’an, the Red Army found time to recover and rebuild, and the Central Committee of the Communist Party of China regrouped, gathering strength for the next chapter.

Here, new ideas were debated, new strategies were shaped, and a vision for China’s future gradually took form.

Today, while preserving its revolutionary legacy, Yan’an has grown into a vibrant, modern city — with a greener environment, thriving industries and happier lives for its people.

Nearly 90 years ago, American journalist Edgar Snow came to northern Shaanxi, seeking to uncover a story that few outside China knew. He later chronicled it in his book “Red Star Over China,” which carried the story of the Long March to the world.

Today, people from around the world are once again retracing those steps.

As part of China International Communications Group (CICG)’s “Together on the Long March” international communication project, participants have spent more than a month retracing the route across six key regions.

From Jiangxi to Shaanxi, they followed the Red Army’s journey and witnessed the remarkable changes that have taken place along the way.

I asked them one simple question: What does this journey mean to you?

Zhavier Harris, marketing and communications manager at the Springfield Urban League, said conversations with local residents and descendants of the Red Army made history feel far more immediate than he had expected.

He said history isn’t as distant as we often think. “We’re only one or two generations from these great sacrifices that led to the development and the greatness that we see from the Communist Party of China and China as a whole.”

David Ferguson, honorary chief English editor at Foreign Languages Press under CICG and a recipient of the 2021 Chinese Government Friendship Award, said the journey deepened his understanding of the Long March.

He said the journey helped him understand not only the historical facts, but also what the Red Army endured. “If you see the Long March merely as a military campaign, it ended in Yan’an. But as a spirit, it has never truly come to an end.”

We came to retrace history. We leave with something more: a deeper understanding of China’s past, a clearer view of its present, and perhaps a greater appreciation for the stories that connect us across cultures.

Edgar Snow called the Long March “an Odyssey unequalled in modern times.” He believed that what sustained it was a flame — consisting of an undimmed ardor, an undying hope and an amazing revolutionary optimism.

Ninety years later, that flame still burns.

Passed down through generations, the spirit of the Long March continues to light China’s path forward.

And as it crosses borders and cultures, it offers the world a glimpse of a nation defined by resilience, perseverance and an enduring drive to move forward.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm 

The Finish Line that Changed China: Retracing the Long March to Yan’an
http://www.china.org.cn/video/2026-07/23/content_118614941.shtml

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SOURCE China.org.cn

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Visa and Lianlian Advance Trusted B2B Agentic Commerce Through LoopXPay’s First Live B2B Agentic Transaction

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First live B2B agentic transaction in Greater China highlights how AI-enabled commerce can help SMBs streamline purchasing and payments, supported by Visa’s Agentic Directory for trusted AI agent interactions

SINGAPORE, July 24, 2026 /PRNewswire/ — Visa (NYSE: V), a global leader in digital payments, and Lianlian DigiTech Co., Ltd. (“Lianlian”), an AI-native global financial infrastructure provider, today announced the first live B2B agentic transaction completed using LoopXPay, Lianlian’s AI agent. 

Small and medium sized businesses (SMBs) often lack dedicated procurement teams and spend valuable time sourcing, purchasing and making payments themselves. In the transaction, the LoopXPay agent was used to source a product sample from a supplier and complete the purchase in a single workflow. The agent identified the purchasing requirement, recommended suitable suppliers, compared options, placed the order and securely executed the payment within a single workflow, while operating within pre-defined spending controls and approval parameters.

The milestone highlights how AI-powered commerce experiences can help SMBs simplify purchasing and payment activities while maintaining appropriate controls and oversight. By enabling AI agents to operate within pre-defined spending parameters and approval controls, businesses can reduce manual effort while retaining visibility into commercial decision-making.

As AI agents become more involved in purchasing and payment activities, businesses will require confidence that transactions are being executed by verified participants, within approved parameters and with appropriate oversight. Capabilities aligned with Visa’s Trusted Agent Protocol can help provide the identity, transparency and controls needed to support these interactions.

As part of the collaboration, LoopXPay has been registered in Visa’s Agentic Directory, enabling participating businesses and merchants to identify verified AI agents within the ecosystem. Supporting the implementation of Visa’s Trusted Agent Protocol, the Agentic Directory helps provide greater transparency into agent-driven interactions and confidence that participating agents have met Visa’s requirements.

“AI-powered commerce experiences can help businesses simplify purchasing and payments while maintaining the controls and oversight they require,” said Darren Parslow, Global Head, Visa Commercial Solutions, Visa. “For SMBs, that means less complexity in managing day-to-day commercial activities and more time focused on growth. As businesses increasingly look to embed intelligence into purchasing and payment experiences, trust will become a critical enabler of adoption. Through our collaboration with Lianlian, we are helping advance the trusted foundations that businesses will need to participate in this next era of commerce with confidence.”

Building on this milestone, Visa and Lianlian are exploring how AI agents can support a broader range of commercial activities, including procurement, digital advertising optimisation and B2B platform payments, helping advance trusted commerce through greater efficiency, transparency and control.

Zhang Zhengyu, Founder, Chairman of the Board and CEO, Lianlian DigiTech, said, “AI is reshaping the entire commercial value chain, where a growing number of business activities will be autonomously executed by AI agents, with payments serving as the critical infrastructure connecting them to global commerce. Leveraging its experience in global cross-border payments, compliance, as well as payment network, LianLian is actively building AI-native financial infrastructure, delivering an integrated suite of capabilities for the Agent Economy, spanning identity verification, transaction authorisation, intelligent payment, and global fund settlement. Through this collaboration with Visa, we aim to combine Lianlian’s AI-native capabilities with Visa’s trusted global network and commercial payment expertise to help businesses transact more securely, intelligently and efficiently in an increasingly agent-driven commerce environment.”

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

About Lianlian

Lianlian DigiTech Co., Ltd. (“Lianlian DigiTech” or “Lianlian”) was founded in 2009 and listed on the Main Board of the Hong Kong Stock Exchange in 2024 (stock code: 2598.HK). As China’s leading global provider of digital and intelligent payment services, Lianlian adheres to its mission of “Connecting the world, empowering global commerce” and pursues an “AI-Native + Globalization” strategy. The Company is committed to building a trusted global intelligent financial infrastructure, enabling seamless connectivity between Chinese enterprises and global businesses.  As of now, Lianlian has established a global licensing portfolio comprising 68 payment licenses and related qualifications, and holds a VATP license issued by the Hong Kong SFC. It supports services in more than 200 countries and regions and enables transaction settlement in over 140 currencies, connecting over 180 global e-commerce platforms and serving a cumulative total of over 13.3 million customers. Learn more at www.lianlian.com.

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SOURCE Visa Worldwide Pte. Limited

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