OSI Systems secures $32M RF communication systems order
OSI Systems' Security division has received an international order valued at approximately USD 32 million to provide RF based critical systems that are designed for long-range secure communications.
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Koh Young America appoints MaRC Technologies as sales rep
Inspection and metrology equipment specialist, Koh Young America, has added of MaRC Technologies as its sales representative for the Pacific Northwest region, effective February 24, 2025.
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Apple to invest over $500B in US manufacturing, AI, and silicon engineering
Apple is making its biggest US investment ever – committing over USD 500 billion over the next four years to expand domestic manufacturing, AI, and silicon engineering. The tech giant will build a new manufacturing facility in Texas, double its US Advanced Manufacturing Fund to USD 10 billion, and ramp up R&D across multiple states.
Electrolux retains business in Egypt – plans to grow
In July 2023, Swedish home appliance manufacturer Electrolux said that it was looking into a potential divestment of the group’s business in Egypt. Now, however, the company has decided to keep the unit and focus on its growth.
Flex expands US manufacturing capacity with new Dallas facility
EMS provider Flex is strengthening its US manufacturing footprint with a new 400,000-square-foot Dallas, Texas, manufacturing facility focused on power products. The expansion is aimed at increasing production capacity for power infrastructure solutions, particularly for AI-driven data centres.
ASM Technologies to invest $59 million in Karnataka
As part of an MoU signed between the company and the Karnataka government, ASM Technologies will acquire 10 acres of land to set up a state-of-the-art design facility.
CALB to invest $2.1B in EV battery factory in Portugal
The factory in Sines will produce lithium batteries for EVs with a total annual capacity of 15 gigawatt hours. The unit is expected to create 1,800 direct jobs, Chinese battery maker CALB said.
LG Innotek launches automotive AP module
The small size of the automotive application processor (AP) module reduces the surface area of the main board, allowing cars to be designed more flexibly, the South Korean company said.
Limtronik upgrade production with new SMD line from Fuji
The EMS industry experiences high volatility due to shorter product life cycles, increased variations, and ongoing miniaturization of components. To tackle these challenges with enhanced flexibility and scalability, EMS provider Limtronik has actively expanded its production capacity by adding a new SMD line.
Continental to cut 3,000 R&D jobs to boost competitiveness
Continental has announced plans to reduce its global research and development (R&D) workforce by approximately 3,000 positions by the end of 2026. The decision is part of a broader strategy to enhance competitiveness in a challenging automotive market and optimise the company’s global R&D network.
Kitron reports strong order growth in a shifting market
Norwegian EMS provider Kitron posted fourth-quarter 2024 results demonstrating resilience in a fluctuating market.
TE Connectivity acquires Richards Manufacturing in $2.3 billion deal
TE Connectivity has entered into a definitive agreement to acquire Richards Manufacturing Co. from Oaktree Capital Management and the Bier family. The USD 2.3 billion all-cash transaction is set to strengthen TE’s position in the North American utility market by expanding its product portfolio and leveraging Richards’ expertise in underground electrical networks.
Hexatronic to start US manufacturing fiber-optic cables
Hexatronic has decided to start manufacturing its fiber-optic cables in the US. This decision is accompanied by a commitment for investment in equipment, additional staff and training at Hexatronic’s Clinton, South Carolina facility.
Kitron receives new order for Joint Strike Missile
Norwegian EMS provider Kitron has received a new order valued at approximately NOK 73 million (EUR 6.26 million) for electronics production related to the Joint Strike Missile (JSM) supplied by Kongsberg Defence & Aerospace.
Northvolt sells industrial battery division to Scania
Northvolt has signed a Sale and Purchase Agreement to divest its Systems Industrial division to Scania
Hyundai plans to shake up EV market with new “Dream” batteries
Hyundai has set a March date to reveal its brand-new all-solid-state EV battery pilot line, dubbed “Dream” batteries.
NGEN commissions Austria’s largest BESS facility
The Fürstenfeld storage plant is equipped with six Tesla Megapack 2XL battery modules utilizing lithium ion technology, with integrated cooling and control systems for optimized performance.
Waaree bags $4.6M battery storage project in Gujarat
The technology for the project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS solution.
Dutch Startup achieves silicon EV battery breakthrough
Netherlands-based LeydenJar has achieved a breakthrough in developing lithium-ion batteries through using 100% silicon anodes.
CDIL sets up solar bypass diodes unit in India
The company has initially established a production capacity of 25 million units per annum with plans to triple it in the next two years.
UK National Grid begins work on UK’s largest EV battery production facility
The National Grid has initiated engineering work on what’s set to be the UK’s largest EV battery production facility in Somerset.
Safran opens new electronics site and an R&D centre in India
Safran Electronics & Defense expands its activities in India with the opening of a new production site for electronic cards and aeronautics and defense calculators in Bengaluru, as well as a new R&D centre in electronics.
Feig Electronic increases output with Fuji placement machines
Feig Electronic, a manufacturer of high-quality RFID reader systems located in Weilburg, central Germany, has invested in a new SMT line from Fuji Europe Corporation GmbH.
Study: EV batteries maintain 90% battery health after 120,000 km of driving
An Australian study has revealed that EV batteries are more durable than previously thought after demonstrating that EVs maintain 90% battery health after 120,000 kilometers of driving.
Robert McKernan takes over as CEO of Intervala
EMS provider Intervala announces that Teresa Huber will transition from serving as president and CEO into a strategic advisor role for the company. Robert McKernan has been named president and CEO.
Ford chief admits that China leads the US in EV battery development
Ford CEO Jim Farley admitted that the Chinese car industry poses a threat to Western interests due to its EV battery developments, estimating that it now leads the US by at least a decade.
Incap Slovakia enhances operations with API
EMS provider Incap has upgraded its operations in Slovakia, boosting the quality and efficiency of its SMT production with the implementation Automated Paste Inspection (API) – a high-precision system that ensures the accuracy and consistency of solder paste printing.
Saab opens advanced UK manufacturing facility
Swedish aerospace and defence company Saab has officially opened a new advanced manufacturing facility in Fareham, Hampshire, UK.
FTG expands with new aerospace facility in India
Firan Technology Group has established a new aerospace operation in Hyderabad, India, set to start production by the end of 2025.
Sharp withdraws from solar business in Europe
Due to challenging conditions in the European solar market, Sharp has reached the decision to close its European solar business (Sharp Energy Solutions Europe - SESE) after 30 years of operation.
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