TTI remains operational during COVID-19 pandemic

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.

Don Akery, President, TTI Americas, says that the Americas Distribution Center in Fort Worth, Texas, and warehouses in the Americas, Europe and Asia are fully operational. “We are receiving incoming shipments from our suppliers and sending shipments out to customers. Our leadership team is monitoring the COVID19 coronavirus outbreak and its potential impacts on the industry,” Akery says in a press release. To ensure employees’ safety, additional preventive measures have been put in place, including site visit and entry restrictions, as well as staggered staffing schedules to stop the potential spread of the disease within company locations. TTI has also implemented international and domestic travel bans until April 30, 2020.

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.

The semiconductor company has reportedly agreed to temporarily reduce its production in France by up to 50% as the company works to stymie the spread of COVID-19.