Jenoptik to double on-site production capacity in Dresden
The Jenoptik Group intends to build a new production building with office complex in Dresden (Germany). In total, the photonics group is planning to invest around EUR 70 million in a cleanroom facility for micro-optics and sensors for semiconductor equipment.
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LPKF receives another order from the solar industry
After LPKF Laser & Electronics AG received a major order from a global solar module manufacturer in July 2021, LPKF now reports another order with a volume of almost EUR 10 million. The new order is expected to generate revenue in 2022/2023.
Dutch startup Axelera AI launches with USD 12M Seed Round
AI semiconductor startup Axelera AI has successfully closed a seed investment round of USD 12 million. The round was led by emerging technologies leader Bitfury and joined by global nanoelectronics R&D center imec and deep-tech venture capital funds Innovation Industries and imec.xpand.
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Qualcomm wants to acquire Veoneer
The automotive technology company Veoneer, Inc. confirmed that it has received an updated non-binding proposal from Qualcomm Incorporated
Ligentec and X-FAB sign partnership agreement
Ligentec and specialty semiconductor producer X-FAB Silicon Foundries have announced a strategic partnership for the large-scale supply of integrated photonic devices.
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NEC Energy Solutions becomes part of LG Energy Solution
NEC Corporation has transferred all shares in NEC Energy Solutions, Inc., a consolidated subsidiary, to LG Energy Solution, Ltd.
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Apparent oversupply of TV panels to be addressed with capacity adjustments
Thanks to their continued capacity expansion and M&A efforts, Chinese panel manufacturers accounted for nearly 60% of the global supply of TV panels in 1H21, according to TrendForce.
XJTAG signs Nordic distribution deal
XJTAG has signed a distribution agreement with Nohau Solutions AB of Malmö, Sweden.
Valmet opens battery factory in Finland
Valmet Automotive has officially opened its battery facility in Uusikaupunki, Finland. It represents a significant investment by Valmet Automotive in the EV systems business with EUR 120 million and it will create hundreds of new jobs.
Incap ups guidance for 2021
Incap estimates that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2021 will be significantly higher than in 2020.
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Heat management – is shape of material important?
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Björn Lifvergren leaves his role as Inission's CEO
The Board of Inission AB and Björn Lifvergren have jointly agreed that Björn will leave his role as Inission's CEO, a role he has deservedly held since April 2017. The Board has initiated a recruitment process to find a new CEO.
Ericsson to close Nanjing research centre
The Swedish telecom giant confirms to South China Morning Post that it will divest its product research and development activities in Nanjing by November 2021.
GaN Systems signs agreement with BMW Group
GaN Systems has signed a capacity agreement with BMW Group. Under the terms of the agreement, GaN Systems is to provide capacity for multiple applications in series production.
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Semcorp opens production in Hungary
Construction of the Semcorp Group's first production unit outside China has begun; the company is building a facility that will produce lithium-ion battery separator films (LiBSF) in Debrecen (Hungary).
Top15 semiconductor sales leaders 3Q21 forecast
The big three memory IC suppliers—Samsung, SK Hynix, and Micron—are each expected to post a 10% increase and Kioxia is anticipated to show an 11% jump in 3Q21 sales.
Germany hands over EUR 120 million to Tesla
The German Federal state of Brandenburg wants to contribute EUR 120 million to the funding of the planned Tesla battery factory in Grünheide near Berlin. The Ministry of Economy has confirmed that the Budget Committee has released this sum from the Future Investment Fund.
Volkswagen adds jobs in Germany
Volkswagen Group Components opened a new laboratory for cell research and development in Europe in Salzgitter (Germany). From 2025 onwards, the Volkswagen unified cell is scheduled to roll off the production line in Salzgitter.
Memory suppliers, Sony, and TSMC benefit from strong demand and supply shortages
For the third quarter of this year (ending in September), sales growth outlooks for the top-25 suppliers range from 16th-ranked Sony’s 34% increase at the high end, to Intel’s 3% decline on the low end.
EDAG China opens test centre in Shanghai
EDAG China – subsidiary of the EDAG Group – opens a new test centre at its Shanghai site (NanGu Road Minhang District) to expand its range of services for the Asian market.
Leoni's new Serbian plant to provide up to 5,000 jobs by 2023
Leoni has officially opened its fourth plant in Serbia, in the city of Kraljevo. The site is not only the biggest Leoni plant in Serbia, it also employs the largest number of people at full capacity (up to 5,000 by the end of 2023).
Ford and SK Innovation looking at Eastern Europe for new facility
SK Innovation and Ford are rumoured to set up a joint venture in Europe with possible locations in Hungary, Romania and Poland.
GaN power devices market to growth at 78% CAGR through 2025
Demand for elecom base stations, converters, and charging stations has seen considerable growth this year as a result of ongoing developments in 5G telecommunication, consumer electronics, industrial energy conversion, and new energy vehicles (NEV), according to TrendForce.
Lam Research expands in Oregon
Lam Research plans to expand its manufacturing footprint in Oregon with a new 45,000 square foot facility in the city of Sherwood, planned to open in December 2021. The new facility is Lam’s fifth manufacturing site in the United States.
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