Murata adds two new production buildings in Thailand

Murata Electronics (Thailand), Ltd., a manufacturing subsidiary of Murata, recently completed the new two buildings that had been under construction.

The new facilities have been constructed to raise production capacity in response to escalating demand for electronic components for mobile devices (smartphones, tables and so on), which are incorporating progressively sophisticated functions, as well as for automobiles, which are increasingly electrifying. The Japanese company has completed a new building for EMI filters providing the company with a total floor area of 9’993 square metres of available space. Murata invested about EUR 12.79 million in the building alone, the company states in a short update. But that is not all, the company has also recently completed an antenna coil building which will provide the company with an additional 9’995 square metres of available space. The company invested about EUR 11.94 millions in the construction of this building.

MagnaChip Semiconductor says that certain of its wholly-owned subsidiaries have entered into a definitive agreement to sell the company's Foundry Services Group and the factory in Cheongju (Fab 4), the larger of the company's two 8" manufacturing facilities.

Against the backdrop of the current situation related to the spread of COVID-19 and the resulting restrictions in private and business lives, Singulus Technologies is implementing short-time work at two of its German sites.

Kyocera Corporation has entered into a share transfer agreement with NEC Corporation on March 25, 2020 to acquire all of NEC’s shares in Showa Optronics Co., Ltd., an optical components manufacturer.

The economic and social effects caused by COVID-19 are currently creating supply chain disruption and uncertainty around future demand.

Due to a Movement Control Order announced by the Malaysian government, Renesas three production sites located in the country temporarily halted productions from March 18, 2020.

TTI, Inc. says it remains open following the guidelines mandated by local and federal governments during the COVID-19 coronavirus outbreak, with precautions in place to safeguard employees’ health.

Nokia says it has completed its acquisition of U.S.-based supplier of silicon photonics technology, Elenion Technologies.

On March 24, 2020, Nexperia announced that CEO Frans Scheper has decided to take early retirement and will step down as Nexperia CEO and Management Board Member per March 25, 2020.

Ohio-based Intellitronix Corporation, a subsidiary of US Lighting Group, has been invited by the Ford Motor Company to submit a proposal to design and manufacture an automotive electronics component for one of the automaker’s upcoming vehicles.

NEXT Biometrics has received an additional order for UIDAI and STQC certified fingerprint biometric readers in India valued at USD 360,000. The customer has provided a 20% upfront payment and the readers have been delivered to the customer.

Because of the global corona pandemic, Elmos Semiconductor AG is planning to introduce short-time work of up to 50%.

paragon is set to take immediate action in response to moves by automotive manufacturers closing down their plants. The company is now reducing production at its automotive manufacturing sites in Germany to a minimum for the time being.