© Leoni AG (illustration purpose only)
Components | July 10, 2019
Leoni considers sale of its Wire & Cable Solutions division
German manufacturer Leoni AG, based in Nuremberg, is preparing a separation of its Wire & Cable Solutions (WCS) division through a a stock market listing or sale, including the option of a partial sale.
To date, no final decision has been taken in this regard. Following a potential separation, Leoni’s primary focus would be on the development of its Wiring Systems Division (WSD). To this end, Leoni has begun to mandate respective advisors. Leoni will inform shareholders and the public as soon as relevant developments arise.
The decision to prepare a separation of its WCS division followed a further review of the existing group structure and strategy for each division in the context of the previously announced VALUE 21 programme. This also included a review of the optimal future ownership structure of WCS and WSD to determine how both divisions can achieve their full potential, a press release reads.
As communicated, Leoni’s Board of Directors sees only very limited synergies between both divisions and intends to increase their operational independence. In this context, corporate support functions will transfer from the holding company to the divisions. WCS increasingly focuses on advanced and intelligent cable solutions and services and WSD further enhances its energy and data solutions and services related capabilities.
TSMC looking to create a local manufacturing hub – going beyond 2 nanometers
The worlds biggest contract chipmaker is reportedly planning to make northern Taiwan its manufacturing hub for technologies that go beyond 2 nanometers.
Foxconn invests in SigmaSense
Touch screen technology company, SigmaSense, has closed a USD 22 million Series A funding round led by Foxconn Technology Group.
Diodes gets green light for Lite-On acquisition from China
Diodes Incorporated says it has received approval from the China’s State Administration for Market Regulation (SAMR) to proceed with its planned acquisition of Lite-On Semiconductor which was announced last year.
AT&S develops new solutions for autonomous driving
Step by step, automated driving is increasingly becoming a feature of our mobility. With each step, increasing data volumes need to be processed fast to allow quick reactions to any given situation. AT&S is developing a robust and resilient interconnect concept for a high-performance computer chip.
Sponsored content by Nordson ASYMTEK
Conformal Coating Results — When You Need Better Than Just "Good Enough"
Conformal coating contributes to product quality and reliability, but it is typically viewed as a process that tolerates sufficient results, or "good enough." That view is changing as more advanced and diverse electronic products enter the consumer marketplace, from the Internet of Things to self-driving vehicles.
Aurora Labs attracts $23 million in series B funding round
Aurora Labs has secured USD 23 million in Series B funding from several automotive manufacturers, electronics and technology corporations and venture capitalists.
SCHOTT acquires INCOM’s MEGAdraw business
SCHOTT North America, Inc. says it has successfully closed the acquisition of INCOM, Inc.’s MEGAdraw business.
Zinc8 team up with Vijai Electricals to explore JV opportunities
Canadian battery technology company Zinc8 Energy Solutions, has signed an agreement in principle with Vijai Electricals Ltd from Hyderabad, India. The parties have agreed to explore joint-venture projects concerning the deployment of Zinc8's patented Zinc-Air Energy Storage System.
Intel names new SvP and Chief Strategy Officer
Intel Corporation has appointed Safroadu (Saf) Yeboah-Amankwah as senior vice president and chief strategy officer. He will take on his new position on the first of November, 2020.
Sponsored content by congatec AG
The Edge of the Future: Modular Edge Computing
Industrial edge servers should be advanced enough to be able to successfully handle a broad array of tasks. In the 21rst century, virtual machines are being relied on more and more for consolidating different kinds of Industry 4.0 workloads. Moreover, because Computer-on-Modules offer the flexibility needed to scale the computing power of each application, users always end with the best of both worlds: a fair price and optimal performance.
Edwards to set up centre in Dublin
The development represents an investment of USD 5.7 million and will create 120 new jobs.
LEMO expands and inaugurates new production site
About 400 metres from the company's main production site in St-Croix, Switzerland, LEMO has has just opened its new REDEL 2 production site
Vicor ink global distribution agreement with Arrow
Vicor Corporation has expanded its Europe, Middle East and Africa relationship with Arrow Electronics, Inc. to a global distribution agreement.
Hemlock Semiconductor acquires DuPont TCS business
The Michigan-based provider of ultra-pure polycrystalline silicon announces its acquisition of a DuPont business that makes trichlorosilane (TCS), the primary raw material used in producing the ultra-pure polysilicon HSC supplies to the semiconductor and solar industries.
Sponsored content by Mek (Marantz Electronics)
3D AOI connectivity is exceptionally important, but what about inspection quality?
3D automated optical inspection (AOI) systems have become a critical component of production lines in electronics manufacturing Smart Factories as the hubs for quality control, giving valuable feedback to the production machines. But Smart Factories with AOI can only work if the AOI results are reliable…
Huawei opens 5G test centre in Serbia
The company has officially opened its latest European centre for innovation and digital development and 5G test lab in Belgrade, Serbia.
First Sensor plans to sell its subsidiaries in USA and France to TE Connectivity
Berlin-based First Sensor says it is planning to sell its US-based subsidiary in California, as well as its unit in Paris, France to TE Connectivity.
Silvaco acquires the assets of Coupling Wave Solutions S.A.
EDA software and design IP supplier, Silvaco, has completed its acquisition of the assets of Coupling Wave Solutions S.A. (CWS), including IP, patents, and analysis technologies.
Nvidia / Arm deal dubbed as ‘disaster’ by Arm-cofounder
The news that US-based Nvidia will acquire Arm from SoftBank Group in a USD 40 billion deal has already sparked some backlash within the industry. One of the vocal parties is Arm-cofounder, Hermann Hauser, who called the deal a disaster and said that it should be blocked.
Everlight criminally convicted for misappropriating Seoul Semi trade secrets
LED technology supplier, Seoul Semiconductor, says that the Korean Suwon District Court convicted Everlight Electronics of criminal misappropriation of Seoul’s trade secrets.
It's official - NVIDIA to acquire Arm for $40 billion
NVIDIA and SoftBank have entered into a definitive agreement under which NVIDIA will acquire Arm Limited from SoftBank in a transaction valued at USD 40 billion.
Tower Semi: 'all sites up and running following cyber attack'
Tower Semiconductor says that all of its manufacturing sites are operational, and targeting full capability within the next few days, following the recovery from the cyber event a few days ago.
Jenoptik invests in new system from ClassOne
Jenoptik has invested in a new Solstice LT electroplating system from semiconductor equipment manufacturer ClassOne Technology. The new system will be used for manufacturing semiconductor material for high-power diode lasers at Jenoptik's semiconductor production facility in Berlin-Adlershof, Germany.
MaxLinear acquires NanoSemi, Inc.
MaxLinear, a provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, has completed the acquisition of NanoSemi, a provider of IP that utilises patented machine learning techniques to improve signal integrity and power efficiency in SoCs, ASICs, and FPGAs used in next-gen communication and AI systems.
Delphi secures major power electronics business win
The provider of automotive propulsion systems announces that it has secured a major Original Equipment Manufacturer (OEM) electrification business, driving profitable long-term growth.
Yamaichi Electronics' new European factory
Japan-based group Yamaichi Electronics has been producing in Frankfurt (Oder), the only manufacturing location of the group in Europe, for almost 15 years. Now production is running out of space.
SnapEDA launches new KiCad plugin to help engineers design electronics faster
Today, SnapEDA - a company that helps engineers design electronics faster by removing barriers - is launching a new KiCad plugin, allowing designers to search and download its computer-aided design (CAD) models directly within the KiCad PCB design environment.
Load more news
Most Read
