India, June 3 -- Europe has spent decades building advanced aerospace systems, medical devices and telecommunications infrastructure, while relying on Asia for semiconductor assembly and testing. That dependence has long been viewed as one of Europe's biggest strategic weaknesses. On June 1, 2026, three companies moved to change that.

What happened in Nouvelle-Aquitaine, France

On Monday, 1st June, 2026, Foxconn, Radiall and Thales laid the foundation stone of their future joint venture at Le Barp in Nouvelle-Aquitaine, as part of the Choose France 2026 Summit. The new company is named Tessalia - Latin for tile, a reference to the pieces of a mosaic - and it's a deliberate metaphor. Tessalia Technology SAS is expected to become a key pa...