Cyient DLM expands footprint with acquisition of US EMS provider
Cyient DLM, an integrated electronics manufacturing company, has acquired Altek Electronics, a US-based EMS company.
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Foxconn to build world’s largest Nvidia superchip facility
EMS-giant Foxconn says that it will build the world's largest manufacturing facility for bundling Nvidia’s GB200 superchips in Guadalajara, Mexico.
Northvolt Ett CEO Mark Duchesne steps down
Mark Duchesne, CEO of Northvolt Ett, the Swedish battery company’s manufacturing facility in Skellefteå, is stepping down from his position. This follows months of significant economic challenges for the company.
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Benchmark names Bryan Schumaker as new CFO
EMS provider Benchmark Electronics has appointed Bryan Schumaker as the company's chief financial officer (CFO) effective October 8.
Northvolt subsidiary managing its Swedish expansion files for bankruptcy
Swedish battery manufacturer Northvolt has announced that its subsidiary, Northvolt Ett Expansion AB, has filed for bankruptcy.
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RWE breaks ground on 450 MW BESS projects in Texas
The three assets will have a total power capacity of 450 MW and storage capacity of 900 MWh, contributing toward the company’s global growth target for battery storage of 6 GW by 2030.
Samsung starts mass producing SSD for AI PCs
The PM9E1 SSD, which boasts the industry’s highest performance and largest capacity, is built on its in-house 5-nanometer-based controller and eighth-generation V-NAND technology, the company said.
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Scanfil expands in Asia Pacific via acquisition
EMS provider Scanfil announces that it has acquired SRXGlobal Pty Ltd. (SRX) for EUR 23.3 million as the company looks to step up its presence in the Asia Pacific region.
Jabil acquires Mikros Technologies
EMS provider Jabil has acquired Mikros Technologies LLC, an engineering and manufacturing company of liquid cooling solutions for thermal management.
Northrop Grumman and Terma team up on advanced technologies
Northrop Grumman Corporation and Terma have signed a Memorandum of Understanding for continued cooperation on key capabilities, including the F-35 Lightning II, uncrewed aerial systems, electronic warfare, radar systems, and missile defense.
Variosystems names new CFO
Swiss electronics manufacturer Variosystems is reinforcing its Executive Leadership Team as Markus Nikles joins the company as Chief Financial Officer to support its growth plans.
GEN3 partners with Zestron
GEN3, a British manufacturer of specialised test, measurement and production equipment, has entered into a strategic partnership with Zestron.
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NKT expands Danish cable production
NKT has broken ground for the expansion of its cable factory in Asnaes. To support the electrification of Europe, the green transition and the increasing demand for power cable solutions for critical infrastructure, NKT is investing in additional production capacity in Denmark.
HMS Networks divests the MB Connect Line
HMS Industrial Networks GmbH, a wholly owned subsidiary of the HMS Networks AB group, has entered into binding agreement to divest all shares in Red Lion Europe GmbH, located in Dinkelsbühl, Germany for a cash consideration of EUR 5 million.
Yamaha completes expansion at Hamamatsu robotics office
Yamaha Robotics has completed the renovation and expansion work at its Hamamatsu Robotics Office, which develops, manufactures, and sells surface mounters and industrial robots
Absolute EMS expands capabilities to support the AI industry
US EMS provider, Absolute EMS, says that it is enhancing its printed circuit board assembly (PCBA) capabilities tailored to the artificial intelligence (AI) industry.
Trilux opens new factory in Poland
Trilux has officially inaugurated its new production and development site in Świdnik/Lublin, Poland, about 160 kilometres southeast of Warsaw.
Production has started at Impact's GigafactoryX site
Impact Clean Power Technology, a Hannover-based manufacturer of custom battery systems for heavy-duty transport, machinery and large-scale energy storage, has launched what it claims to be Europe’s most modern, highly automated lithium-ion battery production line.
Vitesco is now officially a part of Schaeffler
Schaeffler AG has successfully completed the merger with Vitesco Technologies Group that was announced almost a year ago.
Lütze Group acquired by Amphenol
Lütze Group will be acquired by the US American Amphenol Corporation. The railway and automation specialist Lütze is planning further growth and expansion of business activities.
TCL to acquire LG Display’s Guangzhou plant
TCL Group announced on September 26th its plans to acquire 80% equity in LG Display’s 8.5-generation LCD panel plant in Guangzhou (including 10% previously held by Shenzhen Skyworth) and 100% equity of the module factory through its subsidiary, CSOT.
Mobix Labs makes an offer to acquire Emcore
Wireless and connectivity specialist Mobix Labs, Inc., has submitted a non-binding proposal to Emcore Corporation to acquire all of the company's outstanding shares for USD 3.80 per share in cash.
Zollner navigates 2024 with strategic expansions
During the Evertiq Expo in Berlin earlier this year, Evertiq had the chance to talk to Manfred Amberger, Senior VP of Marketing and Sales at EMS provider Zollner Elektronik AG
Mitsubishi Electric begins supplying chips made from 12-inch wafers
The Fukuyama factory processes wafers for production of Si power-semiconductors and is playing a key role in the company's plan to double its wafer processing capacity for Si power-semiconductors.
GPV moves SMT line from Estonia to Mexico
In September 2024, EMS provider GPV installed an additional SMT line at its electronics factory in Guadalajara, Mexico, after transferring the SMT line from the company's electronics factory in Elva, Estonia.
Henkel new battery testing facility in Germany
Henkel has officially opened its new Battery Test Center at the company’s headquarters in Düsseldorf, enhancing its capabilities in E-Mobility.
HERMA turns to Scanfil for manufacturing muscles
Scanfil and HERMA have agreed on the PCBA of HERMA’s flagship product HERMA 500. HERMA is a European supplier of labelling solutions with over EUR 420 million in annual revenue.
Advanced Energy opens new design and service centre
Advanced Energy, a company focused on precision power conversion, measurement and control solutions, has opened a new design and service centre in Wilmington, Massachusetts.
Visual highlights from Evertiq Expo Gothenburg 2024
Some days have passed since Evertiq Expo Gothenburg 2024, and we know that not everyone who wanted to attend had the opportunity to do so – don't worry, we've got you covered. Here is Evertiq Expo Gothenburg 2024, in pictures.
Luxshare invests in Leoni
A new partnership has been established: With Luxshare's investment, Leoni AG, and its Wiring Systems Division (WSD), gain a powerful shareholder, enhancing market access, technological innovation, and financial stability.
Matra Électronique moves to new premises
It's official: Matra Électronique's 430 workers have moved into their new location in Venette, Oise, in northern France.
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