BASF and CATL to develop European supply chain
BASF SE (BASF) and Contemporary Amperex Technology Co., Limited (CATL) signed a strategic partnership on battery materials solutions, including cathode active materials (CAM) and battery recycling.
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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.
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.
Optomec gets repeat order from existing customer
Optomec announced that one of its long-time production customers purchased another five (5) Aerosol Jet 3D Electronics Printers, bringing its total count over time to 15 systems. The USD 1+ million order is part of a production ramp plan that will grow to more than 25 systems over the next 12 months.
Ford India will cease manufacturing vehicles in India
Ford India will cease manufacturing vehicles for sale in India immediately; manufacturing of vehicles for export will wind down at Sanand vehicle assembly plant by Q4 2021, and Chennai engine and vehicle assembly plants by Q2 2022.
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Redlen becomes part of Canon
Canon Inc. has reached an agreement with Redlen Technologies Inc. to conclude a share transfer agreement. Consequence: Redlen becomes a wholly owned subsidiary of Canon.
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The Effects of pH: Cleaning Agent Properties and Performance in Production
As cleaning agents evolve to meet customer and supplier environmental challenges, we take a closer look at the effect of pH cleaning agent properties and performance including material compatibility and rinsing behavior all while answering questions with SIR data.
Electro-Mobility top income source for Bosch
In electromobility, Bosch is growing twice as fast as the market, and will generate more than EUR 1 billion in sales in 2021.
Global satellite revenue for 2022 to reach $295B, SpaceX leads
In the global satellite market, LEO (low earth orbit) satellites currently hold the most significant advantage in terms of developmental potential due to their closer proximity with earth and their relatively lower latency, radiation, and cost compared to HEO (high earth orbit) and MEO (medium earth orbit) satellites, according to TrendForce.
Synopsys acquires BU from BISTel
Synopsys, Inc. has completed the acquisition of the semiconductor and flat panel display solutions from BISTel, a specialist in engineering equipment systems and AI applications for semiconductor smart manufacturing, headquartered in South Korea.
Revenue of Top10 OSAT companies for 2Q21 reaches USD 7.88bn
Despite the intensifying COVID-19 pandemic that swept Taiwan in 2Q21, the domestic OSAT (outsourced semiconductor assembly and test) industry remained largely intact, according to TrendForce.
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SBF signs letter of intent to acquire electronics company
German SBF AG, a listed supplier of LED lighting systems for rolling stock and industry, plans to take the next step in its growth by acquiring a successful German electronics company.
Texan money to entice Samsung
Taylor, a city in Texas, wants Samsung Electronics to build its USD 17 billion semiconductor manufacturing facility in their backyard.
Xiaomi heads - officially - into e-Car business
Xiaomi EV Company Limited. has completed the business registration with a registered capital of RMB 10 billion.
Philips has divested its Domestic Appliances business
Royal Philips has completed the sale of the Domestic Appliances business to Hillhouse Investment, a transaction, which Philips announced in March 2021.
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The development trend of printed circuit board products and Kinwong's solution
With the rapid development of electronic technology in recent years, printed circuit board (PCB) products are pursuing higher heat dissipation capabilities, with high voltage and high current characteristics, and are developing towards high-density interconnection technology (HDI).
XJ Capital invests in SCHMID Technology Guangdong
XJ Capital has made a minority investment in SCHMID Technology Guangdong Co., Ltd., a manufacturer of printed circuit board and photovoltaics production equipment in China.
SunMirror to acquire Latitude 66 Cobalt Oy
SunMirror AG, a exploration company specialising in mineral resources such as gold, lithium, cobalt and other metals and minerals, has announced that it has, via its wholly owned subsidiary, SunMirror Luxembourg S.A. ("SM S.A."), agreed to acquire Finnish cobalt company Latitude 66 Cobalt Oy.
ABB expands capacity at its Faridabad facility
Expanding its current capacity for manufacturing of low voltage motors, ABB has added a new manufacturing line at its Faridabad (India) plant.
Voltabox expects timely divestment of US business
Voltabox AG announced the timely completion of the sale of its US business. According to the progress of the negotiations of the current majority shareholder paragon GmbH & Co. KGaA on the sale of the Voltabox shares, the Voltabox Management Board now assumes that the entry of new shareholders is imminent.
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Heat management – is shape of material important?
Everyone knows how the cellphone looks like. From outside looking like a tiny box with shiny plastics and glass but deep inside it is much more complex. Housing, electronics, cooling system and screen are connected using various systems.
Cobham wants all of rival Ultra; UK has issues with that
On 16 August 2021, Cobham Ultra Acquisitions Limited (Cobham) and Ultra Electronics Holdings plc (Ultra) announced that they reached agreement on the terms of an acquisition of Ultra.
Komax is on track for recovery
The Komax Group saw its market situation gradually improve in the first six months of 2021 on the back of the recovery underway in the automotive industry. This enabled Komax to record a strong order intake of CHF 229.1 million (first half of 2020: CHF 143.8 million).
Viscom with positive business performance in 1H/2021
The global economy is continuing to recover and return to growth. Viscom AG is also clearly feeling the effects of this positive global development.
Renesas and Dialog expected closing of acquisition in August 2021
Renesas Electronics Corporation and Dialog Semiconductor Plc announce that the Taiwan Fair Trade Commission has waived its jurisdiction to review the recommended all-cash acquisition of Dialog Semiconductor by Renesas.
Continental acquires stake in Kopernikus Automotive
Technology company Continental is investing in Leipzig-based startup Kopernikus Automotive with a minority stake. The two companies have agreed not to disclose the size of the investment.
Ventec and Taiyo America sign agreement for Mainland Europe & UK
Ventec will be taking over the exclusive distribution of Taiyo products in mainland Europe, the UK and Ireland.
Hella signs Business Combination Agreement with Faurecia S.E.
HELLA GmbH & Co. KGaA and the Faurecia S.E. signed an agreement on the combination of the two companies. The shareholders' committee of HELLA has approved the conclusion of the agreement.
PCTEL expands its distribution channel globally
PCTEL, a provider of wireless technology, has entered into a distribution agreement with Master Electronics, a global distributor of electronic components.
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