© hipa Business | February 13, 2020
South Korean supplier to set up manufacturing in Hungary
Soulbrain, a South Korean materials company supplying chemicals used in semiconductors, displays and battery cells, is establishing its first European unit in Tatabánya in Hungary.
Soulbrain’s new European venture will focus on the production of electrolyte, which is one of the four basic components necessary for battery production, will supply core materials from the newly built plant to companies within the Hungarian battery industry, according to a report from HIPA, the Hungarian Investment Promotion Agency. The company is investing EUR 21.5 million which will result in the construction of a 4,700 square metres production plant. The new facility will provide non-water electrolyte to the production units of SK Innovation (Komárom) and Samsung SDI (Göd), and also create 45 new jobs in the region. Production is expected to start in mid-2021.
Siltronic and GlobalWafers deal at a standstill In light of current market reports, Siltronic AG has issued an update stating that there has been no real progress on the German investment review of the takeover by GlobalWafers.
Mycronic receives order for an SLX mask writer The Swedish manufacturer of production equipment for the electronics industry says it has received an order for an SLX mask writer from a new customer in Asia.
Semiconductor heavyweights urge congress to act on crisis IBM and 40+ business and academic leaders urges the New York state congressional delegation to act on the semiconductor crisis.
Verimatrix sold its portfolio of NFC patents to Infineon Verimatrix announces that it has sold its historical portfolio of NFC patents to semiconductor company Infineon Technologies AG for nearly USD 2 million.
JLT completes acquisition of French sales partner JLT Mobile Computers, a developer of computing solutions for demanding environments, has completed its acquisition of longtime French sales partner ID Work.
Rohm suspends Tianjin plant amid Covid-19 outbreak Following the outbreak of the new coronavirus variant in Tianjin, China on January 9, restrictions on movement have been imposed, including the start of PCR testing for all citizens. As a result, Rohm has temporarily suspended its Tianjin plant since January 9.
EMD Electronics expands with new factory in Arizona EMD Electronics, the North American Electronics business of Merck KGaA, Darmstadt, Germany, is expanding with a new factory in the greater Phoenix, Arizona area for the manufacture of equipment for its Delivery Systems & Services (DS&S) business.
Swedish biometrics company team up with Infineon Precise Biometrics has teamed up with Infineon to jointly provide fingerprint technology to allow various applications, including automated adjustments of driver settings in vehicles.
STMicro expects Q421 revenues of $3.56B Semiconductor manufacturer, STMicroelectronics, says that its preliminary and unaudited net revenues for the fourth quarter of 2021 are above its business outlook range.
Allegro MicroSystems appoints new Chief Financial Officer Allegro MicroSystems' Senior Vice President Chief Financial Officer and Treasurer, Paul Walsh, will be retiring.
Avnet Embedded opens new design centre in Germany In a move to further strengthen and expand its design competence of standardised and customised embedded products, Avnet Embedded opened a new design center in Deggendorf, Germany, on January 1, 2022.
TANAKA Denshi Kogyo to open new plant in China Japanese company TANAKA Denshi Kogyo will, via a subsidiary, establish a new plant in Hangzhou City, China, for the production of aluminum bonding wires for power semiconductors. The plant is scheduled to commence operations in November of 2022.
A*STAR and Soitec to develop next-gen SiC semiconductors The Institute of Microelectronics (IME) at the Agency for Science, Technology and Research (A*STAR) and Soitec have entered into a research collaboration with the aim of developing next-generation silicon carbide (SiC) semiconductor devices to power electric vehicles.
From Micron to Intel – David Zinsner joins as CFO Intel has appointed David Zinsner as the company’s executive vice president and chief financial officer (CFO), effective Jan. 17, 2022.
Neumonda brings Intelligent Memory to EMEA Neumonda, a specialty memory company with the “DNA” of former memory manufacturer Qimonda, announces that it has brought its subsidiary, Intelligent Memory (IM) – an independent manufacturer of industrial grade memory solutions – to Europe.
ASML provides an update on Berlin fire ASML is providing an update on the fire that occurred inside a part of its factory in Berlin, Germany on the third of January.
Elbit sells its Power and Control business in the UK Elbit Systems says that its UK subsidiary, Elbit Systems UK, has sold the Power and Control Business of its subsidiary Ferranti Technologies, to TT Electronics for approximately USD 12 million in cash.
SICK takes over MOBILISIS SICK announces that it is taking over Croatian IT company MOBILISIS in its entirety. The acquisition expands SICK AG’s expertise in the wireless networking of industrial IoT devices.
Murata to start construction of new R&D building Sabae Murata Manufacturing, a Murata Manufacturing subsidiary located in Sabae, Fukui Prefecture, will start construction of a new research and development building in February 2022.
SK ICT strengthen cooperation with Qualcomm During a meeting at CES 2022, Park Jung-ho, Vice Chairman and CEO of SK Square and SK hynix, held a meeting with Cristiano Amon, President and CEO of Qualcomm Incorporated, to discuss cooperation in the field of ICT.
Invertek Drives invests in manufacturing expansion Mid Wales-based manufacturer of electric motor control technology, Invertek Drives, is investing GPB 10 million to expand its global variable frequency drive (VFD) manufacturing and distribution centre, along with the development of a new Application Centre.
Trexon acquires Power Connector Trexon, a portfolio company of Audax Private Equity, has completed the acquisition of Power Connector Inc. (PCI), a supplier of Tactical Communications interconnect for military applications.
Qualcomm expands its automotive footprint in Europe Qualcomm Technologies says it has opened an engineering software office in Berlin, focused on supporting its European automotive customers with the latest Snapdragon Digital Chassis.
Hanwha acquires part of Samsung's wireless module business Hanwha Solutions says it has signed an agreement with Samsung Electro-Mechanics to acquire its wireless module business unit, which manufactures Wi-Fi and 5G mmWave antenna modules using organic substrate. The deal is expected to be closed by late March in 2022.
Navitas opens GaN IC design center dedicated to EVs Navitas Semiconductor is opening a new electric vehicle (EV) Design Center, further expanding into higher-power GaN markets.
Fire at ASML Berlin may impact EUV optical component supply A fire occurred at ASML’s factory in Berlin, Germany on January 3. According to TrendForce’s preliminary inquiry, approximately 200 square metre out of a factory floor covering 32,000 square metre was affected by the fire.Load more news