Evertiq - First In Electronics News & Expo

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Nitra-facility

Foxconn Slovakia has started recruiting at its plant in Nitra, focusing on electrical engineering roles. The company says the hiring is a response to growing demand for AI infrastructure and new business opportunities in that area.

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Essemtec, the SMT equipment business of Nano Dimension, has moved its US headquarters to a new facility in Woburn, Massachusetts. The new site will give North American customers access to equipment demonstrations, application development and process evaluation.

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Scanfil grew its third-quarter revenue by 32% to EUR 252.2 million. Acquisitions accounted for 21% of the increase, while organic growth accelerated to 8.5%. Aerospace and defence was the fastest-growing customer segment, with revenue more than tripling to EUR 30.9 million.

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Under the agreement, Samsung SDI will supply its Samsung Battery Box (SBB) 1.7, a fully integrated energy storage system (ESS) solution, to US utility-scale battery storage developer and independent power producer Alpha Omega Power (AOP).

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ICEYE and Nokia have signed a letter of intent with Ukraine’s Ministry of Defence to explore cooperation on satellite communications. The aim is to give Ukraine satellite communications that it controls itself.

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Volvo Cars will cut around 2,500 jobs globally, including around 2,000 in Sweden, after posting an adjusted operating loss of SEK 3.7 billion (about EUR 330 million) in the third quarter. The company aims to reduce costs by a further SEK 5 billion (about EUR 450 million), mainly in response to weak markets in China and the US.

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On Thursday, 22 October, the electronics industry gathered at PGE Narodowy Stadium for the twelfth edition of Evertiq Expo Warsaw. The event has always been known for its international character, but this year it felt, more than ever, like the capital of Europe’s electronics industry.

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TP-Link Systems has signed a letter of intent with US contract manufacturer Key Tronic to assemble its network routers in Corinth, Mississippi. The first products off the line are expected to be TP-Link’s Wi-Fi 8 home networking range, with assembly starting as early as next year, pending US regulatory approval.

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Nokia and SoftBank will trial AI-RAN in SoftBank’s commercial network in Japan in 2027, under commercial traffic conditions. The trial will run Nokia’s RAN software on SoftBank’s own platform, built on Nvidia hardware.

Kitron grew its third-quarter revenue by 59% to EUR 266.8 million. Defence and aerospace still led the increase, but the other market sectors also grew, with electrification standing out in particular.

German equipment maker SCHMID Group has agreed an equipment order worth more than EUR 25 million with one of its key customers, which is expanding its high-density interconnect (HDI) manufacturing capacity in Malaysia.

The 12th edition of Evertiq Expo Warsaw will take place on Thursday, 22 October, at PGE Narodowy. This year's event will bring together a record 180 exhibitors, up from 167 last year. Visitors will also have the opportunity to attend presentations addressing key challenges and trends in the electronics industry.

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Qnity Electronics will produce films for the variable aperture camera in the iPhone 18 Pro in the US. The deal is part of an expansion of Apple’s American Manufacturing Program, under which nearly 100 components in Apple’s newest iPhones now come from American companies.

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Power electronics systems must not only efficiently control the flow of energy but also handle phenomena that may threaten their components. In converters, inverters, power supplies, or drive systems, semiconductors frequently switch large currents and operate at high voltages. At the same time, they may be exposed to overvoltages originating both from the power grid and generated within the device itself.

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Saft has opened production lines for solid-state batteries at its site in Bordeaux. The TotalEnergies-owned battery maker says it is the first manufacturer in France able to develop and produce solid-state batteries.

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Danish SMT equipment supplier CORE-emt is building a new headquarters in Aars, Denmark, and expects to move in in March 2027. The company says growing demand from EMS and OEM customers in Scandinavia and the Baltic region has left the company short of space.

TTM Technologies has agreed to acquire the Ophir Optics business from MKS for around USD 650 million in cash. Ophir Optics makes infrared thermal imaging and laser optics, and the deal adds optical components to TTM’s defence and industrial offering.

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Arkema has opened an expansion of its R&D centre in Shanghai, adding around 20% more laboratory space. The French materials group is also building a new laboratory in Guangzhou focused on electronics and battery customers.

DevDroid-partnership

Inission Norway has signed a memorandum of understanding with Ukrainian defence company DevDroid. The two companies will explore cooperation in the manufacturing of electronics and remote control systems for unmanned ground vehicles.

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Neways has signed a multi-year partnership with Melexis covering the packaging of Melexis’ Triphibian pressure sensors. The sensors are used in thermal management for electric vehicles and AI data centres.

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UK electronics manufacturer TechPoint has acquired Esprit Electronics, an EMS provider based in Southampton. All 92 Esprit employees join the TechPoint Group, and the company will keep operating from its current facilities.

Toshiba plans to double its production capacity for hard disk drives (HDDs) used in AI data centres within fiscal 2027, compared with 2025 levels, Nikkei reports. The company will invest around JPY 60 billion (about USD 380 million) in expanding its plant in the Philippines.

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Volvo Cars is extending its partnership with Nvidia to develop automated driving for its future cars. The aim is for the cars to handle everything from highways and city traffic to parking, and to gradually introduce eyes-off and mind-off driving.

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This expansion will further strengthen Taiwanese firm E&R Engineering Corp’s supply capabilities in Southeast Asia, delivering real-time technical support and supply chain flexibility to semiconductor and OSAT customers.

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Mitsubishi-Electric-deal

Foxconn has reached a final agreement with Mitsubishi Electric to buy half of Mitsubishi Electric Mobility for JPY 115 billion (EUR 646.3 million). The two companies will then run the automotive equipment business together.

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Mass production and fabrication, volume assembly and testing will sit in proximity in the new facility, enabling shorter development cycles, improved production yields and a faster path from prototyping to commercial-scale mass production.

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Swedish EMS provider Inission is acquiring Pfronten-based EMS provider Bavaria Digital Technik (BDT) for EUR 5.3 million. The deal marks Inission’s first operation in Germany.

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Supercapacitor maker Skeleton Technologies has raised a new investment round led by Siemens, valuing the company at more than USD 1 billion. The money will mainly go towards building up manufacturing in the US, including its own cell production, for power systems in AI data centres.

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Norwegian communications company Comrod has acquired TransOpto in Kristiansand, which develops wireless optical data links. The technology gives defence customers an alternative to radio communication that is harder to detect.

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Arrow Electronics will bring several application-led technology demonstrations to electronica 2026, showing how AI, robotics, edge computing and electronic components are being applied across different vertical market segments.

Bosch is launching a new venture fund, Spark, which will invest EUR 100 million in German startups. The focus is on deep tech in seed and early stages.

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Jabil and Adani Enterprises have signed a non-binding memorandum of understanding to form a joint venture that would manufacture AI racks, servers and data centre equipment in India. The companies are aiming for a manufacturing capacity of several gigawatts.

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Varta Consumer Batteries will once again operate as an independent company after Germany’s Federal Ministry for Economic Affairs approved its spin-off from the insolvent Varta AG group. The lenders take over the business, and all 990 jobs will be kept.

Nokia is selling Enterprise Campus Edge, its private wireless and industrial edge business, to investment firm Aurelius. The divestment is another step in Nokia’s strategy to concentrate its resources on fewer areas.

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