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Ametek Acquires Powervar
Ametek has acquired Powervar, a provider of power management systems and uninterruptible power supply (UPS) systems, for approximately USD 128 million.
Leoni boost management board to four members
Dr Klaus Probst will concentrate on chairing the Board – Dr Frank Hiller will assume responsibility for the Wire & Cable Solutions Division
Foxconn moving into wearables
The latest investment from EMS-giant Foxconn is said to be a fund to finance startups that focus on wearables.
Use it or lose it! Let the buyer beware
One was tempted to resort to Latin maxims to title this observation on the UK market for PCB laminates: Uti aut amittamus! Caveat emptor, but decided that plain English would convey a serious message more emphatically.
Skolkovo – Russian centre of innovation
“We cannot delay this any longer. We must embark on the modernization and technological re-equipment of the industrial sector as a whole. I believe, for our country, it is a matter of survival in the modern world,” said Dmitry Medvedev.
Europe has Saki's full attention
Twenty years ago, an Automated Optical Inspection (AOI) manufacturer – in fact one of the very first – entered the Japanese market, Saki Corporation.
HALO Electronics opens new Chinese production facility
HALO opens new production facility in the Guangxi region of China to reduce leadtimes and increase manufacturing capacity.
Celanese to cease manufacturing at two European facilities
Employee consultation process completed at Roussillon, France, acetic anhydride plant and Tarragona, Spain, vinyl acetate unit.
Concentrated PV solar installations to boom in coming years
After years of slow progress, the global market for concentrated photovoltaic (CPV) systems is entering a phase of explosive growth, with worldwide installations set to boom by 750 percent from 2013 to the end of 2020.
AVIC Tech signs technology collaboration agreement with TWI
Aviation Industry Corporation of China (AVIC) to advance welding and joining research capabilities in collaboration with TWI.
Nokia's solution to Indian tax dispute
Nokia's latest problem revolves a tax dispute in India, which could lead to the closure of its plant in Chennai, if its assets are not unfrozen.
Cost effective future for inkjet circuits
Researchers from Georgia Tech, the University of Tokyo and Microsoft Research have developed a novel method to rapidly and cheaply make electrical circuits by printing them with commodity inkjet printers and off-the-shelf materials.
Cicor realigns business structure
Cicor Group adapts its organizational structure to market conditions. The number of divisions will be reduced from four to two. The changes will take effect on 1 January 2014.
EADS plans to cut up to 6'000 jobs
European aerospace company EADS is said to plan mass layoffs in Europe. Between 5'000 and 6'000 jobs are to be cut in a restructuring program.
Ex-Flextronics factory comes back to life
Jean-Marc Gelin, Chairman of Futurol'Industries, has taken on factory premises which used to house the production of EMS-provider Flextronics. 25 employees will start in mid-January.
Icape - 'conflict-free minerals' compliant!
PCB trader Icape Group is now full compliant to the “conflict-free minerals” regulation.
Philips, Samsung, Metro offices raided by EU inspectors
Philips, Samsung Electronics and Metro-Saturn have been targets in a raid by European Commission officers on suspicion of breaking competition rules.
Elekonta and Schweizer agree on partnership
Elekonta Marek GmbH & Co. KG and Schweizer Electronic AG have concluded an agreement on a cooperation in the prototype segment for innovative Printed Circuit Board (PCB) solutions.
Sabtech CEO Michael Carter buys firm
Sabtech's CEO. Michael Carter, has acquired the privately held company. Mr. Carter acquired 100 percent of Sabtech stock.
Resistor may cause Philips defibrillators to fail
U.S. regulators have warned that some automated external defibrillators made by Philips Medical Systems may be unable to deliver potentially life-saving shocks to the heart in emergency situations, due to an electronic product malfunction.
Kongsberg: corporate management team changes
Hege Skryseth will be appointed as a new member of the corporate management team responsible for strategic skills and talent development and strategic marketing/communications.
Phoenix Contact's investment plans in Poland
Phoenix Contact is planning an expansion in Poland. The company is building another warehouse and production facility.
Plexus invests USD 3M in Idaho
Plexus Corp. is to invest USD 3 million to expand operations in it's Boise Microelectronics Center of Excellence in Nampa, Idaho.
Kontron: Kaufbeuren, Eching, Roding and Ulm locations to close
Kontron and representatives of the general works council have reached agreement in front of an arbitration committee on a reconciliation of interests, and have decided on a social plan.
Executive changes at Bombardier Aerospace
Bombardier Aerospace appoints Raymond Jones as its new Senior Vice President of sales, marketing and asset management, Bombardier Commercial Aircraft.
Commission clears Nokia / Microsoft deal
The European Commission has cleared proposed acquisition of Nokia's handset division by software giant Microsoft. No competition concerns were found during the investigation.
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