ZF Group expands operations in Mexico
ZF Group says that it will expand its e-mobility business in North America. A new manufacturing facility will be built in Cd Juarez, Mexico, with a planned USD 150 million USD investment in the first phase.
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Murata’s new MLCC plant in Thailand is ready to start production
Murata Electronics (Thailand), Ltd., a manufacturing subsidiary of the Japanese electronic component manufacturer, has been constructing a new production building since July 2021 – a project that is now completed.
ASP of NAND flash products will continue to fall 5~10% in 2Q23
Although NAND suppliers have continued to roll back production, there is still an oversupply of NAND Flash as demand for products such as servers, smartphones, and notebooks is still too weak.
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Syntronic expands its capability within the automotive sector
Due to increased demand and requests from automotive customers, Syntronic R&D Canada is investing in further expanding its automotive team and expertise in the domain.
ABB invests $40 million to add new US manufacturing facility
ABB is reinforcing its commitment to the US market and Utility industry with the addition of a new manufacturing facility in Albuquerque, New Mexico, for its Installation Products Division, formerly Thomas & Betts.
Zound Industries acquires Marshall
Since 2010, Zound Industries has been bringing the Marshall brand to a global consumer audience through its range of headphones and wireless speakers. Now the long-term licensing deal is turning into an acquisition.
BAE Systems and Heart Aerospace team up on battery for electric airplane
BAE Systems and Heart Aerospace, a Swedish electric airplane maker, have entered into a collaboration to define the battery system for Heart’s ES-30 regional electric airplane.
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Infineon expects stronger results for 2Q and full year
Infineon Technologies is updating its expectations for revenues and segment result margin for the running, second quarter as well as the full 2023 fiscal year.
LCD monitor panel output predicted to increase 15% QoQ in 2Q23
TrendForce estimates that approximately 31.9 million LCD monitor panels were shipped in 1Q23, indicating a 2.6% QoQ and 33.4% YoY decline.
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SICK breaks ground on new building in Waldkirch, Germany
With a symbolic first shovelful of soil, construction began on a new office building at SICK.
SGL Carbon to supply graphite components to Wolfspeed
SGL Carbon says it will expand its capacities to support Wolfspeed’s growth in Silicon Carbide high-performance applications – supplying key graphite components for the US company's SiC production facilities.
Zero Motorcycles and IMI enter manufacturing collaboration
US manufacturer of electric motorcycles and powertrains, Zero Motorcycles, is teaming up with EMS provider Integrated Micro-Electronics Inc. (IMI) in a new strategic manufacturing collaboration.
Biden makes a push for domestic PCB production
“Ensuring a robust, resilient, and sustainable domestic industrial base is essential for the national defense,” US president Joe Biden wrote in a memo as he invoked the Defense Production Act to spend USD 50 million on domestic and Canadian production of printed circuit boards
Würth Elektronik expands with subsidiary in Lithuania
Wurth Elektronik Lietuva, UAB, has received its official status as a registered company. Thus, the seven Lithuanian employees of Würth Elektronik form another subsidiary of the manufacturer of electronic and electromechanical components.
Nidec installs complete Yamaha line in new Mexico factory
Nidec's MOEN (Motion & Energy) division, has installed a complete Yamaha line featuring the latest F4.0 software, M2M, and traceability and monitoring tools in their recently opened factory in Monterrey, Mexico.
Tempo to acquire Optimum Design Associates
EMS provider Tempo Automation has entered into a definitive agreement to acquire Optimum Design Associates, Inc. and Optimum Design Associates Pty. Ltd., an electronic design services company with offices in the United States and Australia.
Sarcos inks manufacturing services agreement with Jabil
Sarcos Technology and Robotics Corporation is collaborating with EMS provider Jabil to expand Sarcos' production capacity for its robotic systems and sub-systems.
940 jobs lost at Valmet Automotive
Valmet Automotive says that it has concluded the change negotiations that started on January 16, 2023, concerning all personnel in its Vehicle Contract Manufacturing business line at the plant in Uusikaupunki, Finland.
Decline in DRAM ASP narrows to 10~15% in 2Q23
TrendForce reports that several suppliers, such as Micron and SK hynix, have started scaling back DRAM production. The ASP of DRAM plunged 20% in 1Q23, and this price decline is predicted to slow down to 10~15% next quarter.
Axcelis Technologies announces CEO succession
The Board of Directors of Axcelis Technologies has named Russell J. Low, Ph.D. to succeed Mary G. Puma as President and Chief Executive Officer effective May 11, 2023.
Marvell cuts its entire China R&D team
US semiconductor company Marvell Technology is laying off its entire research and development team in mainland China.
Phillips opens its latest expansion in Mexico
The company's new 500,000-square-foot facility in Arteaga, Mexico, will produce Phillips Industries and Phillips Connect products for its North American customers.
Interlink acquires Calman Technology
Interlink Electronics has acquired all of the stock of Calman Technology Limited, an independent company based outside Glasgow, Scotland, and a designer and manufacturer of membrane keypads, graphic overlays and printed electronics. The purchase price was approximately USD 5.0 million.
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