Avnet to shut Poing logistics centre, around 350 jobs affected
Avnet plans to close its logistics centre in Poing by the end of 2026, affecting around 350 employees, according to reporting by Handelsblatt and Merkur.de.
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Advantest opens innovation centres in Silicon Valley
Advantest Corporation has opened a new innovation center in San Jose and is preparing a second facility in Sunnyvale, as the company looks to strengthen collaboration across the semiconductor value chain.
Molex completes acquisition of Smiths Interconnect
Molex has completed its acquisition of Smiths Interconnect, a subsidiary of Smiths Group plc, marking the largest acquisition in the company’s history.
Arrow, Infineon introduce 240W USB-C PD 3.2 reference design
REF_ARIF240GaN is specifically designed to support the launch of EZ-PD PMG1-B2, Infineon’s newest USB PD 3.2 controller, featuring up to 240W USB sink capability and integrated buck-boost functionality in a compact single package.
GE Aerospace partners with IAF to establish engine depot
The depot facility for F404 -IN20 engines will be owned, operated and maintained by Indian Air Force (IAF) with GE Aerospace providing technical inputs, training, support staff and supply of necessary spares and specialized equipment.
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Italy’s Wearable Robotics raises €5 million in Series A
The capital will be used to enhance the product portfolio and boost commercial development. Over 50 units of ALEX RS, a device for neuromotor rehabilitation of the upper limb, have already been installed internationally.
Vero completes acquisition of TEC, expanding fiber platform in US
Through this acquisition, Vero will extend its footprint from the Western United States into the Southeast via TEC’s 4,500-mile fiber network. The combined company will reach approximately 444,000 households.
Air Liquide invests €200M in Japan to support chip manufacturer
Set to begin operations by the end of 2028, Air Liquide’s production units will deliver large volumes of ultra-pure nitrogen, oxygen and argon to support the production of advanced chips.
Ionna partners with Circle K to expand EV charging in US
The collaboration is centered around a strategic ambition to expand to more than 350 sites featuring Rechargeries @ Circle K, combining Ionna’s charging technology and driver-first experience with Circle K’s nationwide footprint.
Battery tech firm Basquevolt brings Axon on board as investor
The resources secured through the entry of Axon Partners Group and the support of CDTI-Innvierte will enable Spanish company Basquevolt to advance its industrial roadmap, including the scale-up of electrolyte production.
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