Kitron reports strong order growth in a shifting market
Norwegian EMS provider Kitron posted fourth-quarter 2024 results demonstrating resilience in a fluctuating market.
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Global semiconductor manufacturing industry reports solid 4Q24 results
The global semiconductor manufacturing industry closed 2024 with strong fourth-quarter results and solid YoY growth across most of the key industry segments, SEMI reports.
TE Connectivity acquires Richards Manufacturing in $2.3 billion deal
TE Connectivity has entered into a definitive agreement to acquire Richards Manufacturing Co. from Oaktree Capital Management and the Bier family. The USD 2.3 billion all-cash transaction is set to strengthen TE’s position in the North American utility market by expanding its product portfolio and leveraging Richards’ expertise in underground electrical networks.
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Arrow Electronics at embedded world 2025
Arrow Electronics will showcase its latest embedded technology solutions at embedded world 2025, the world's leading conference and trade fair for embedded-system technologies. The event will occur from March 11 to 13, 2025, in Nuremberg, Germany. Arrow will exhibit at booth 4A-342, a 410-square-meter space showcasing cutting-edge technologies for embedded designs. Arrow’s presence at embedded world will demonstrate its approach to enabling innovative embedded system designs. Through collaboration with many leading suppliers and customers, Arrow supports demand creation, rapid design cycles, and the successful realization of differentiated embedded solutions. Visitors will explore how these efforts drive digital transformation and pioneering new business models.
SUMCO to end wafer production at Miyazaki plant amid market shifts
Japanese silicon wafer manufacturer SUMCO says it will stop 200mm wafer production at the Miyazaki plant by 2026
Cambridge GaN Devices secures $32M to drive growth
Cambridge GaN Devices (CGD) has successfully raised $32 million in a Series C funding round, led by a strategic investor with contributions from British Patient Capital and existing backers. This funding will allow the company to expand its operations in Cambridge, North America, Taiwan and Europe.
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GA-ASI, CAE sign agreement to develop next-gen Mission Trainer
The agreement will enhance the training capabilities for operators of MQ-9B and builds on the long-standing business relationship between GA-ASI and CAE, according to a media release.
IITs, iVP Semi sign MoU to make silicon power MOSFETs
While IIT Bombay and IIT Bhubaneswar will contribute their research prowess and academic knowhow, iVP Semi brings its industry-leading experience and insights.
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EU funding strengthens semiconductor innovation in Finland
The European semiconductor industry is receiving a boost through the APECS pilot line project, which has been awarded funding under the EU Chips Act. This initiative focuses on developing and providing new packaging and integration solutions for the industry.
ASE expands its chip packaging and testing capacity
ASE has officially launched its fifth plant in Penang, adding to the company’s packaging and testing capabilities in the Bayan Lepas Free Industrial Zone.
Hexatronic to start US manufacturing fiber-optic cables
Hexatronic has decided to start manufacturing its fiber-optic cables in the US. This decision is accompanied by a commitment for investment in equipment, additional staff and training at Hexatronic’s Clinton, South Carolina facility.
AI demand and production cuts to boost NAND prices in 2H25
The NAND Flash market remains oversupplied in early 2025, keeping prices low and pressuring suppliers. However, TrendForce predicts a rebound in the second half as AI-driven demand rises and production slows.
SolderKing doubles facility to meet growing demand
UK-based soldering materials manufacturer SolderKing has doubled its facility in response to increased demand, particularly from export markets. The expansion follows strong growth in 2024 and aims to enhance the company’s production capacity and efficiency.
Kitron receives new order for Joint Strike Missile
Norwegian EMS provider Kitron has received a new order valued at approximately NOK 73 million (EUR 6.26 million) for electronics production related to the Joint Strike Missile (JSM) supplied by Kongsberg Defence & Aerospace.
Blueshift Memory start £2.77M project with AP Memory & Syntronix
Blueshift Memory, designer of a novel high-speed memory architecture, has secured a UK-Taiwan Bilateral R&D grant from Innovate UK for a project worth GBP 1.2 million in the UK.
Semiconductor market to reach $1 trillion by 2030
According to projections, the semiconductor revenue in China is expected to be around USD 295.06 billion by 2030, with a CAGR of 7.36% during the years 2024-2030.
General Atomics, EDGE partner to produce electromechanical systems
A key milestone in the project will be the certification of EPI's facility as a Part 145 repair centre. EPI is an entity of the EDGE Group.
Global silicon wafers shipments and revenue start recovery
In the second half of 2024, worldwide silicon wafer demand started to recover from the industry downcycle seen in 2023, the SEMI Silicon Manufacturers Group (SMG) reports.
Icape strengthens its UK presence via acquisition
The French headquartered PCB supplier continues to strengthen its base in the UK, this time through the acquisition of Kingfisher PCBs Ltd., a UK-based distributor of printed circuit boards.
Northvolt sells industrial battery division to Scania
Northvolt has signed a Sale and Purchase Agreement to divest its Systems Industrial division to Scania
Hyundai plans to shake up EV market with new “Dream” batteries
Hyundai has set a March date to reveal its brand-new all-solid-state EV battery pilot line, dubbed “Dream” batteries.
Western Digital to complete separation from SanDisk
Western Digital Corporation (WDC) is set to finalise the long-planned separation of its flash business from its hard disk drive (HDD) operations, forming two independent, publicly traded companies.
Cybersecurity: A growing challenge and regulatory shift
For many years, cybersecurity was primarily a concern for the enterprise computing market. Corporate PCs and datacenters were the main targets for malware attacks, while embedded and IoT devices largely flew under the radar of malicious actors.
UK PCB manufacturer expands production
UK-based PCB manufacturer CC Electronics has announced a significant investment to expand its manufacturing facility in Winsford, Cheshire. This development is described as a key milestone in the company's plan to scale up and future-proof its operations.
HUHUTECH launches warehousing center to support chip industry
The Kumamoto Center is designed to provide efficient and reliable supply chain support to facilitate the rapid construction and expansion of regional semiconductor manufacturing clusters in Japan.
Ardian completes acquisition of chip firm Synergie
Synergie Cad specializes in development of advanced test interface solutions enabling leading semiconductor companies to optimize testing and validation of their complex chip designs.
NGEN commissions Austria’s largest BESS facility
The Fürstenfeld storage plant is equipped with six Tesla Megapack 2XL battery modules utilizing lithium ion technology, with integrated cooling and control systems for optimized performance.
Mitsubishi Electric, HD Renewable Energy sign JV
As part of their collaboration, the companies will establish an aggregation business joint venture and Mitsubishi Electric will acquire a stake in HD Renewable Energy, according to a media release.
Sarawak launches 60 MW BESS in Malaysia
Sarawak Energy said that 60MW Bess provides essential grid services, including primary spinning reserve (emergency reserve), voltage and frequency regulation, and peak demand management.
Waaree bags $4.6M battery storage project in Gujarat
The technology for the project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS solution.
Order growth signals upswing for Finland’s electronics industry
The revenue of Finland’s electronics and electrical industry remained stable in 2024 compared to the previous year, with a total estimated turnover of EUR 20 billion. But things are looking up for 2025.
Dutch Startup achieves silicon EV battery breakthrough
Netherlands-based LeydenJar has achieved a breakthrough in developing lithium-ion batteries through using 100% silicon anodes.
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