Bosch to invest €74 million to expand Mexican operations
The German company announces that it plans to invest EUR 74 million to increase production at its plant in Aguascalientes, Mexico.
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Indonesia's export restrictions on nickel likely to impact EV battery market
As the global automotive industry picks up the pace of electrification, there will be a corresponding increase in the demand for nickel, which is a key ingredient for automotive batteries, according to TrendForce’s latest investigations.
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Jade Micron Installs new Hentec/RPS system in Singapore
Jade Micron Pte Ltd. has purchased a new Pulsar solderability system from Hentec Industries/RPS Automation.
Micron and UMC reaches a global settlement
According to the global settlement agreement, both companies will globally withdraw their complaints against the other party, and UMC will make a one-time payment of an undisclosed amount to Micron.
A*STAR and STMicro team up on SiC R&D for the EV market
The Institute of Microelectronics (IME) at the Agency for Science, Technology and Research (A*STAR) and STMicroelectronics are launching an R&D collaboration in the field of silicon carbide for power-electronics applications in the automotive and industrial markets.
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North American PCB industry sales up 6% in October
Total North American PCB shipments in October 2021 were up 6% compared to the same month last year. Compared to the preceding month, October shipments fell 8.9%.
TÜV Rheinland opens new testing services laboratory in Ohio
TÜV Rheinland announces that the company has opened its newest testing services laboratory in West Unity, Ohio, USA. The new testing facility will support nondestructive and destructive testing in the Mid-West.
CBAK Energy starts operations at new battery plant
CBAK Energy Technology, a lithium-ion battery manufacturer, has started operations at its lithium battery manufacturing plant in the city of Nanjing in China's Jiangsu province.
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Zimmer Group plans further expansion
Despite the difficulties on the market, German automation solution provider, Zimmer Group, continues to see strong demand. So much so that the company is looking to expand.
Lanxess to expand high-tech plastics production in China
Lanxess says it will expand its production network in China. The specialty chemicals company will build a second compounding line for Durethan- and Pocan-branded high-tech engineering plastics at its manufacturing site in Changzhou.
North American EMS industry down 4.4% in October
Total North American EMS shipments in October 2021 were down 4.4% compared to the same month last year. Compared to the preceding month, October shipments fell 0.8%, says the IPC.
Jenoptik signs agreement to sell Vincorion
Jenoptik AG has signed an agreement to sell the Vincorion division. It will be acquired by a fund managed by private equity firm STAR Capital Partnership LLP.
Electronics manufacturer to open new facility in North Carolina
EMS provider, Precision Graphics, Inc., is investing USD 5.1 million as it expands with a new production facility in in Snow Hill, Greene County, creating 70 jobs.
NEOTech sells Massachusetts site
EMS provider NEOTech has reportedly sold its manufacturing plant in Westborough, Massachusetts.
Midea to take Kuka off the stock exchange
Five years after taking over the Augsburg robot manufacturer Kuka, the Chinese investor Midea wants to take the German company off the stock exchange. A so-called squeeze-out process has been initiated, Kuka says.
Kurtz Ersa takes over Schiller Automation
The manufacturer of electronics production equipment is taking yet another step in the expansion of its “Automation” business unit. Kurtz Ersa and Schiller Automation will join forces in the global market for automation solutions in the future. Stefan Schiller, Managing Director of Schiller Automation, has informed his employees about the 100% takeover of the company by the Kurtz Ersa Group.
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NAND Flash revenue rises by 15% QoQ for 3Q21
The growth of the NAND Flash market in 3Q21 was primarily driven by strong demand from the data center and smartphone industries, according to TrendForce’s latest investigations.
Qualcomm acquires Clay AIR
Clay AIR, an AI powered hand tracking and gesture recognition technology company, has been acquired by Qualcomm.
Foxconn invests $10 million in Autotalks
Following a strategic collaboration agreement between Foxconn Interconnect Technology (FIT), a subsidiary of Taiwanese EMS provider Foxconn, and vehicle-to-everything solutions provider, Autotalks, FIT will invest USD 10 million in the Israeli company.
AmpliTech to acquire Spectrum Semiconductor Materials
AmpliTech Group, a designer, developer and manufacturer of signal-processing components, has executed a definitive agreement to acquire the assets and operations of San Jose-based Spectrum Semiconductor Materials Inc., a specialty distributor of semiconductor components.
Nilar reduces its workforce in Sweden
The Swedish developer and manufacturer of batteries announces today that two notices of dismissal have been issued, among collective agreement employees and white-collar employees in Gävle and white-collar employees in Täby.
Veeco ships first system from new manufacturing facility
Veeco Instruments says that the company has shipped the first LSA101 Laser Spike Annealing System from its new San Jose, California facility to an unnamed semiconductor manufacturer.
Revenue ranking of the top 10 OSAT companies for 3Q21
For 3Q21, the revenues of the top 10 OSAT outsourced semiconductor assembly and test) companies reached USD 8.89 billion, a 31.6% YoY increase, says TrendForce.
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