Kitron to build new factory in Denmark
Kitron plans to build a new 8,850 square-metre factory for its Danish operations in Horsens, replacing its current site in the same city. Construction is expected to begin in January 2027, with the facility ready for operation in early 2028.
Diodes Incorporated acquires ElevATE Semiconductor for $250 million
Diodes Incorporated has completed the acquisition of ElevATE Semiconductor, a San Diego-based fabless semiconductor company specialising in integrated circuits for the automated test equipment market. The all-cash transaction is valued at USD 250 million.
SVI Slovakia obtains IATF 16949 certification
SVI Slovakia has obtained IATF 16949 certification, confirming that its facility complies with the quality requirements of the automotive industry. The company says the certification strengthens its manufacturing capabilities in Europe and creates new opportunities for automotive and e-mobility projects.
GigaDevice boosts market reach in EMEA and Southeast Asia with Rutronik
Chinese semiconductor manufacturer GigaDevice has signed a strategic franchise partnership with German distributor Rutronik Elektronische Bauelemente, covering EMEA and Southeast Asia, including India. The agreement gives customers broader access to GigaDevice's microcontroller, sensor and power management portfolio.
Nvidia and MediaTek deepen partnership across AI infrastructure, PCs and automotive
Nvidia and MediaTek have announced an expanded collaboration spanning cloud AI infrastructure, local AI computing and automotive. As part of the deal, Nvidia has invested USD 3.5 billion in convertible bonds issued by MediaTek.
Sweden must turn semiconductor expertise into industry
Semiconductors form the backbone of our digitalised society and are business-critical for everything from AI and defence to next-generation energy systems. Yet despite Sweden being among the global leaders in academic fundamental research, we face a critical challenge: we must strengthen our own manufacturing capacity.
Mahindra wins Airbus contract to manufacture A320 fuselage skins
Mahindra Aerostructures will manufacture fuselage skins for Sections 18 and 19, covering the rear fuselage and tail sections of the Airbus A320neo and A321XLR aircraft. The components will be manufactured at Mahindra Aerostructures’ facility in Bengaluru.
SK On signs 9 GWh LFP cell supply deal with US firm NeoVolta
South Korean firm SK On will serve as the primary cell supplier for NeoVolta Power’s LFP pouch-cell-based BESS products. The companies did not disclose the value of the deal, but market estimates put it at about USD 1.09 billion.
Siemens partners with EPG to enhance grid resilience
Integrating EPG’s synchrophasor technology and Wide Area Monitoring Systems directly into Siemens’ power automation portfolio empowers utilities and grid operators to master growing grid complexity, streamline operations and improve grid stability and resilience.
CXMT sues Pentagon over ‘Chinese military company’ designation
CXMT, the world’s fourth-largest DRAM maker, is seeking removal from the Pentagon’s Section 1260H list of Chinese companies with military ties to Beijing. It was first added to the list in January 2025, and kept on the list after a review in June.
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