© ATREG Business | August 04, 2021
Allegro MicroSystems finalises the sale Thailand facility
Sensing and power semiconductor technology specialist, Allegro MicroSystems, says that it has finalised the sale of its manufacturing facility in Thailand (AMTC” to Innolight Technology.
The AMTC purchase price was approximately USD 27 million before fees and expenses. This sale is an important milestone in the execution of Allegro’s manufacturing transformation to streamline back-end operations and enhance gross margin. Allegro previously announced its facility consolidation plans as part of a multi-year strategic transformation to optimise the company’s manufacturing footprint and reduce fixed costs. In 2020, it was made official that the company had successfully transferred production from AMTC into its Manila, Philippines facility (AMPI), one quarter earlier than initially planned. “This transaction takes us one step further toward our long-term goal of a fabless, asset-light operating model,” says Thomas Teebagy, Senior VP of Operations and Quality in a press release. “By consolidating integrated circuit assembly and testing into a single site, we’re streamlining manufacturing flows and lowering our back-end costs, while simultaneously reducing our energy consumption and minimizing waste—important steps toward our vision of moving the world toward a safer, more sustainable future.”
Potential government-mandated lockdown to affect Bourns Xiamen facility An outbreak close to the BXL Xiamen facility or a single positive case within the BXL Xiamen facility could result in a 14-day mandatory lockdown of the facility, wrote the company on September 24, 2021.
Intel has broken ground on its massive expansion in Arizona The USD 20 billion capacity expansion will bring Intel’s total Arizona investment to more than USD 50 billion.
LPKF adjusts Q3 guidance due to logistics bottlenecks Due to delays caused by current bottlenecks in global outbound logistics to China and a customer project delay in China, LPKF Laser & Electronics AG concluded, that systems produced and ready for delivery worth approximately EUR 7 million will likely not be shipped before month end.
Kendrion acquires electronics and embedded developer Dutch Kendrion N.V., a developer, manufacturer and marketeer of high-quality electromagnetic systems and components for industrial and automotive applications, has acquired 3T, a Netherlands-based software and electronics development company.
Energy storage using supercapacitors: How big is big enough? Question: Can I use a simple energy calculation when selecting a supercapacitor for a backup system?
Sponsored content by Shenzen Kinwong ElectronicThe development trend of printed circuit board products and Kinwong's solution With the rapid development of electronic technology in recent years, printed circuit board (PCB) products are pursuing higher heat dissipation capabilities, with high voltage and high current characteristics, and are developing towards high-density interconnection technology (HDI).
Weebit and SkyWater to take ReRAM tech to volume production Weebit Nano, a developer of next-gen memory technologies for the semiconductor industry, has entered into an agreement with semiconductor foundry SkyWater Technology to take Weebit’s Resistive RAM (ReRAM) technology to volume production.
Excelitas Technologies opens new plant in Germany The industrial technology manufacturer has opened a new plant for its German subsidiary, Qioptiq Photonics GmbH & Co. KG, in Göttingen, Germany. The new facility expands the company’s capacity for assembly of highly sophisticated optomechanical systems and components for the semiconductor industry.
Sponsored content by ICAPE GroupICAPE Group opens its virtual booth! On October 4th and 5th, ICAPE Group organizes a great virtual meeting in an interactive 3D environment. A new digital experience which will plunge you into the ICAPE Group universe, to know everything about printed circuits, technical parts and to exchange live with the group experts.
Sanmina strengthens its optical, RF and microelectronics capabilities Sanmina says it is strengthening its focus on its optical, radio frequency (RF) and microelectronics (microE) design and manufacturing capabilities to capitalise on growing demand for highly-integrated technology products with the formation of a new division.
Swiss lighting company opens new factory in Serbia Swiss lighting solutions specialist, Regent Lighting, has just recently opened a new factory in Svilajnac, central Serbia.
Picosun invests in future with its Innovation Lab Picosun Group has taken into use new facilities at its production laboratory in Kirkkonummi, Finland. The Picosun Innovation Lab will be used for the company's own research and development projects, for demo purposes and most importantly for serving the company's global semiconductor customers operating in the 300 mm market.
Sponsored content by SAKINext-Generation AOI with Advanced Z-Axis Control Discover how for even the most demanding high-end manufacturing requirements you can achieve the most effective, safe and reliable automated in-line 3D X-ray inspection that delivers clear and detailed images, ensures fast response time and lowers the cost of human intervention and maintenance.
Infineon & Blixt collaborate to accelerate growth of SSCB's Infineon Technologies and Swedish company Blixt Tech AB have entered an agreement to co-develop solid state circuit breakers (SSCB) based on Infineon's product portfolio.
Mouser continues to invest in automation Mouser Electronics continues to invest heavily in automation in its global distribution center to increase order processing, accuracy and speed.
pSemi expands its footprint with new Taiwan branch office pSemi Corporation, a Murata company focused on semiconductor integration, is opening a branch office in Taipei City, Taiwan. The Taiwan office joins other pSemi APAC locations in India, Korea, China and Japan.
Growatt and TI set up joint lab in China Aiming to promote sustainable energy applications, Growatt, a suppler of inverters, has set up a joint laboratory with Texas Instruments (TI) in the city of Shenzhen, China.
NA semi equipment industry posts August 2021 billings North America-based semiconductor equipment manufacturers posted USD 3.65 billion in billings worldwide in August 2021, according to SEMI.
Melexis expands operations with a new facility in Bulgaria The microelectronics engineering company says that it will open its new production and R&D facility to extend the current location in Gorublyane, Sofia, during the current month.
Sensirion opens new European production site Sensirion’s new subsidiary in Debrecen, Hungary was completed at the end of July this year. This new production site is a strategic expansion, meaning existing jobs in Switzerland or at other sites will not be affected.
Brooks to sell its Semiconductor Solutions Group business Brooks Automation has entered into a definitive agreement to sell its Semiconductor Solutions Group business to Thomas H. Lee Partners, L.P. for USD 3.0 billion in cash.
Datwyler sells online distributor Reichelt With the sale of the online distributor Reichelt to Invision, Datwyler will now be specialising solely in system-critical elastomer components. The deal is due to be completed in the autumn.
GF and Qualcomm ink deal for 5G RF front-end products GlobalFoundries (GF), and Qualcomm Global Trading PTE. Ltd., a subsidiary of Qualcomm Technologies, are extending their RF collaboration on 5G multi-Gigabit speed RF front-end products.Load more news