PTL’s proposed plant in Sweden shelved
Blow for the Chinese battery maker and the local economy, as PTL is been forced to scrap plans to open a raw materials plant in Sweden.
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MP Materials restores US rare earth magnet production
MP Materials has reached a milestone in restoring the US rare earth magnet supply chain. The company’s flagship Independence facility in Fort Worth, Texas, has started commercial production of neodymium-praseodymium (NdPr) metal and trial production of automotive-grade, sintered neodymium-iron-boron (NdFeB) magnets.
Fire halts production at Californian battery storage facility
California blaze causes supply blockage from mega lithium battery storage facility.
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Join the PEDC – Pan-European Electronics Design Conference on 29–30 January 2025 in Vienna!
The Pan-European Electronics Design Conference (PEDC) will take place on 29–30 January 2025 in Vienna. This event is jointly organised by IPC and the German Electronics Design and Manufacturing Association (FED). It promises to be an outstanding forum for the exchange of knowledge and innovation in electronics design. The aim of the PEDC is to foster dialogue between industry, academia, and research at the European level while showcasing the latest developments, technologies, and best practices in the electronics sector. In short: Design Meets AI: Innovating Electronics.
VinFast to shake up Indian market with premium electric SUV
Vietnamese electric vehicle maker Vinfast has announced it will enter the Indian market with two premium electric SUVs
EU concerned about US restrictions on AI chips
In a joint statement, EU Executive Vice President Henna Virkkunen and Commissioner Maroš Šefčovič expressed concern over recently adopted US measures that restrict access to exports of advanced AI chips for certain EU member states and their companies.
Indian startups enter strategic Indo-US space and defense collaboration
In a landmark development for India’s burgeoning private space sector, seven Indian companies have been selected for an unprecedented collaboration under the Indo-U.S. Defense Acceleration Ecosystem (Indus-X) initiative. According to a Reuters exclusive, this program offers Indian firms access to the lucrative U.S. defense and space markets, mentorship, and partnerships with industry giants.
Arm names Eric Hayes as EVP of operations
Arm Holdings has appointed Eric Hayes as executive vice president of Operations with immediate effect. He will lead the coordination of end-to-end execution of operational activities across multiple products and solutions and report to Arm CEO Rene Haas.
Kokoon-IA: transforming senior care with ethical AI
Nodeus Solutions, a startup rooted in the innovation hub of Sophia Antipolis, is setting a new standard in e-health with Kokoon-IA. The system empowers seniors living independently by providing non-intrusive health monitoring while prioriting dignity and privacy.
DuPont accelerates spin-off of its Electronics business
DuPont says that it is accelerating the separation of its Electronics business and is now targeting November 1, 2025 to complete the transaction.
Nokia inks video technologies license deal with Samsung
Nokia says it has signed a multi-year patent license agreement with Samsung regarding the use of Nokia’s video technologies in Samsung’s televisions.
Hydro acquires remaining shares in Hydrovolt
Norway's Hydro says it has signed an agreement to acquire the remaining shares in the battery recycler Hydrovolt, Northvolt's and Hydro's battery recycling joint venture, for NOK 78 million
Threat of new tariffs cast shadows over 2025
Potential tariff increases on major U.S. trading partners, including China, Canada, and Mexico, could significantly raise the cost of electronic components in 2025.
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New Bluetooth 5.3 Low Energy (LE) module from Panasonic with LE audio
Panasonic's PAN1783 is a Bluetooth 5.3 Low Energy (LE) module. At its core is the Nordic nRF5340 single-chip controller. The module is available with either an on-board chip antenna or an RF bottom pad. The module uses the functions of Bluetooth 5.3, including isochronous channels and LE audio, and supports a high throughput of 2 Mbps, advertising extensions and long-range communication. It integrates the extensive functions of the nRF52 series and improves performance and memory while maintaining low power consumption.
EU greenlights Synopsys' $35bn acquisition of Ansys
The European Commission (EC) has officially approved Synopsys' move to buy Ansys – subject to Synopsys selling off some competitive assets.
Chinese firms buy up stricken Belgian chip firm's assets
Chinese companies did most of the buying at the bankruptcy auction of BelGaN, Belgium’s last industrial chip manufacturer.
TSMC's 2024 annual revenue is an all-time record
Taiwan Semiconductor Manufacturing Company (TSMC) has recorded total revenue of USD 90 billion for 2024. It's the firm's highest annual sales total since it went public in 1994.
Advantest invests in Technoprobe and FormFactor
Semiconductor test equipment supplier Advantest Corporation says it has entered into small minority investments and partnership agreements with both Technoprobe S.p.A. and FormFactor, Inc.
CN Rood expands partnership with Tektronix
High-tech test and measurement solutions distributor CN Rood is expanding its partnership with Tektronix to include Denmark, Norway, and Finland.
Xindeco IoT inaugurates RFID manufacturing plant in Malaysia
Xindeco IoT Malaysia, a subsidiary of Chinese tech company Xiamen Xindeco IoT Technology, has officially inaugurated its new RFID manufacturing plant in in Nilai, Negeri Sembilan.
Volkswagen user data leaked
Cariad, Volkswagen's software development subsidiary, has unwittingly leaked sensitive user data for electric vehicles from Volkswagen, Audi, Seat and Skoda. The leak included email addresses, phone numbers, location details and car owners' data.
Norway confidently displaces non-electric cars
Nine out of ten new cars sold in Norway last year were powered by battery only, registration data showed on Thursday, placing the country within reach of its target of only adding cars that are electric on the road by 2025, Reuters reports.
Global EV sales projected to rise 30% in 2025
China remains the leader in EV adoption, with electric cars expected to make up 29.7% of the market in 2025. But the pace of growth in China is slowing, with an expected year-on-year increase of 20%.
Japan to invest $635M in chipmaker Rapidus in 2025
Rapidus is building a plant in the city of Chitose in Hokkaido to start mass production of next-generation semiconductors with a circuit line width of 2 nanometers in 2027.
CATL plans Hong Kong listing to boost global EV battery clout
Though CATL’s board has approved the plan, the proposal requires approval from regulators, including the China Securities Regulatory Commission.
Foxconn invests $82M in EV battery plant in Zhengzhou
The move is another attempt by Foxconn to diversify beyond its iPhone business with forays into sectors such as EVs, semiconductors and robotics, the South China Morning Post report indicates.
SEALSQ secures $60M to advance post-quantum tech
The funds will accelerate the deployment of post-quantum semiconductor technology and ASIC capabilities in the US while supporting general corporate purposes, the company said.
Emeren, Arpinge close final 162 MW BESS portfolio
With this addition, their portfolio in Italy now totals 462 MW, combining the newly announced 162 MW with the 300 MW tranche initially announced in November 2024.
The future is here? CATL plots battery swapping revolution
The Chinese company has announced plans to open 1,000 swap stations next year in China, including in Hong Kong and Macao. CATL’s long-term goal is to open a whopping 10,000 stations with partners.
Mindgrove Technologies raises $8M in Series A funding
The Chennai-based company plans to use the investment to expand its workforce and enhance in-house engineering capabilities. The investment will also accelerate production and sales of its first chip.
Hitachi Energy wins over €2 billion order from Amprion
Hitachi Energy has signed contracts totalling over EUR 2 billion with German transmission system operator (TSO) Amprion to deliver four converter stations for two high-voltage direct current (HVDC) links that will support Germany’s clean energy transition.
25 Years of growth, together with the electronics Industry
25 years ago, in December 1999, Evertiq was founded after Henrik Björsell who saw a need for a news platform tailored to the electronics industry – one that embraced emerging technologies and operated online.
Qualcomm scores victory in chips trial against Arm
Jurors concluded that Qualcomm didn’t violate the terms of an agreement covering Arm’s chip products acquired while purchasing Nuvia by incorporating tech without paying a higher licensing rate.
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