OQC, JPMorganChase, AMD partner to develop quantum-AI platform
The partners will use the platform to conduct research on the application of near-term quantum and hybrid quantum-classical computing including areas such as portfolio optimization and expanding explorations around quantum machine learning.
Applied Materials opens $500 million manufacturing campus in Singapore
Applied Materials has expanded its manufacturing and R&D operations in Singapore with the opening of the Tampines Campus, a USD 500 million facility that more than doubles the company's cleanroom capacity in the country. The campus is already operating at volume production.
ICEYE raises over €1 billion, valuation surpasses €10 billion
ICEYE has completed its Series F financing round, raising more than EUR 1 billion in total. The company secured EUR 450 million in new capital, while the overall transaction value – including share sales by existing shareholders – exceeded EUR 1 billion. Following the round, ICEYE's valuation has risen to more than EUR 10 billion.
STMicroelectronics doubles its data centre revenue target for 2026
STMicroelectronics has raised its data centre revenue ambition for 2026 to approximately USD 1 billion, up from previous guidance of "nicely above USD 500 million."
ESCATEC secures ISO 13485 certification for UK facility
EMS provider ESCATEC has achieved ISO 13485:2016 certification at its manufacturing facility in Lutterworth, UK, enabling customers to transfer and scale medical device production across the company's global network while maintaining consistent quality and regulatory compliance.
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Indian supply chain firm TVS SCS forms JV with Italy’s ALA Group
TVS SCS and ALA will jointly provide integrated supply chain services across production and aftermarket lifecycles, spanning production support, spare parts distribution, inventory optimisation, defence-grade logistics solutions and aftermarket and MRO support services.
Incap’s US factory resumes operation following power outage
Finnish EMS provider Incap reports that its factory in Pennsylvania has resumed production following a brief closure caused by a storm-related power outage. The factory was shut down on Monday, June 8.
Zollner opens new mechanics building at Zandt headquarters
German EMS provider Zollner Elektronik AG has commissioned a new mechanics building at its main site in Zandt, Germany, expanding production capacity and adding capabilities in defence and high-precision manufacturing.
ebm-papst opens new facility in Romania
German fan and motor manufacturer ebm-papst has officially opened a new facility in Oradea, Romania, following an investment of approximately EUR 30 million. The site brings together production, research and development, and service functions under one roof.
NCAB warns PCB supply chain is facing a structural reset
Swedish PCB supplier NCAB has published a stark supply chain outlook in May 2026, describing a market under simultaneous pressure from AI demand, geopolitical disruption and raw material shortages. The company's conclusion is direct: what the industry is experiencing now is not a temporary disruption — it is a structural reset.
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