Jensen Huang resigns as Nvidia CEO
Jensen Huang has resigned as president and CEO of Nvidia, effective immediately. CFO Colette Kress takes over as interim CEO while the board searches for a permanent successor.
Powell Electronics Europe adds teams in Germany and Poland
Powell Electronics Europe, which supplies connectors and components for high-reliability applications, has added new support teams in Germany and Poland. The company expects to grow by about 40% this year compared with 2025.
Aeluma buys Aixtron tool to scale photonics production without InP
US photonics company Aeluma has bought an Aixtron G10-AsP system to expand production of photodetectors and lasers on its non-indium phosphide (non-InP) platform. The tool supports 150 mm and 200 mm wafers and has been configured for Aeluma’s own processes.
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Luminovo opens its supply chain platform to AI assistants
German software company Luminovo is opening its platform for electronics quoting and procurement to AI assistants such as ChatGPT, Claude and Microsoft Copilot. EMS providers and electronics manufacturers will be able to query their own supply chain data in plain language, and build their own tools on top of it.
Arrow launches Capstone as dedicated IP&E business
Arrow Electronics has launched Capstone, a new global business dedicated to interconnect, passive and electromechanical (IP&E) components. The launch is part of a wider realignment of Arrow’s components business, which is moving from a geographic to a technology-based operating model.
Sanken, Kaynes to explore partnership in manufacturing LEDs, power devices
The collaboration seeks to boost the companies’ competitive position in India’s market. By leveraging their resources and capabilities, Sanken Electric and Kaynes aim to mitigate risks associated with fluctuations in demand while maximizing investment efficiency.
Steliau Technology completes acquisition of Acal BFi
French electronics distributor Steliau Technology has completed its acquisition of the UK-based Acal BFi Group, which includes Impulse Embedded and Arcobel Embedded Solutions. The combined group will have revenue approaching EUR 1 billion.
Amkor breaks ground on new building in South Korea
Amkor has broken ground on an expansion of its campus in Gwangju, South Korea, to meet rising demand for advanced packaging for AI and accelerated computing. The new building will add capacity at a site that has been part of Amkor’s Korean operations since the 1990s.
Infineon expects more than 20% growth as data centre power nears €4 billion
Infineon expects revenue of about EUR 20 billion in fiscal 2027, which runs from October 2026 to September 2027. That would be an increase of more than 20%, driven by data centres, power infrastructure and software-defined vehicles. Revenue from power supplies for data centres alone is projected to reach close to EUR 4 billion.
SCHMID wins equipment order for glass core substrate plant in South Asia
German equipment maker SCHMID Group has received an order for wet-process equipment for a new glass core substrate plant in South Asia. The customer is a US company specialising in glass-based advanced packaging, which is now moving its technology from pilot production to industrial scale.
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