Indian startups enter strategic Indo-US space and defense collaboration
In a landmark development for India’s burgeoning private space sector, seven Indian companies have been selected for an unprecedented collaboration under the Indo-U.S. Defense Acceleration Ecosystem (Indus-X) initiative. According to a Reuters exclusive, this program offers Indian firms access to the lucrative U.S. defense and space markets, mentorship, and partnerships with industry giants.
Arm names Eric Hayes as EVP of operations
Arm Holdings has appointed Eric Hayes as executive vice president of Operations with immediate effect. He will lead the coordination of end-to-end execution of operational activities across multiple products and solutions and report to Arm CEO Rene Haas.
What has happened since China cut the export tax rebate?
In December last year, China implemented a significant change to its export rebate system, a significant shift in global trade dynamics.
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Join the PEDC – Pan-European Electronics Design Conference on 29–30 January 2025 in Vienna!
The Pan-European Electronics Design Conference (PEDC) will take place on 29–30 January 2025 in Vienna. This event is jointly organised by IPC and the German Electronics Design and Manufacturing Association (FED). It promises to be an outstanding forum for the exchange of knowledge and innovation in electronics design. The aim of the PEDC is to foster dialogue between industry, academia, and research at the European level while showcasing the latest developments, technologies, and best practices in the electronics sector. In short: Design Meets AI: Innovating Electronics.
New factory for BSH in Poland
BSH Home Appliances Group is strengthening its operations in Poland. Industrial real estate developer Panattoni will construct a new, larger factory for the company, which will relocate its small home appliances production from the current location.
Morrow Batteries confirms layoffs amid production delays
Norwegian battery manufacturer has announced a workforce reduction of 50 to 60 employees, leaving approximately 180 staff, primarily in Southern Norway.
Kokoon-IA: transforming senior care with ethical AI
Nodeus Solutions, a startup rooted in the innovation hub of Sophia Antipolis, is setting a new standard in e-health with Kokoon-IA. The system empowers seniors living independently by providing non-intrusive health monitoring while prioriting dignity and privacy.
Turntide Technologies centralises UK operations and expands to India
Turntide Technologies has taken a significant step in its growth strategy by centralising its UK operations. The company has integrated three of its UK facilities into a single, centralised engineering campus located in Team Valley Gateshead.
DuPont accelerates spin-off of its Electronics business
DuPont says that it is accelerating the separation of its Electronics business and is now targeting November 1, 2025 to complete the transaction.
Saab opens new production facility in Finland
Swedish defence and security company Saab is seeing high demand for its passive EW sensor Sirius Compact system. As a result, the sensor will enter into volume serial production and the company will be opening a new production facility in Tampere, Finland in 2025.
Nokia inks video technologies license deal with Samsung
Nokia says it has signed a multi-year patent license agreement with Samsung regarding the use of Nokia’s video technologies in Samsung’s televisions.
ESD industry posts $5.1 billion in 3Q24 revenue
Electronic System Design (ESD) industry revenue increased 8.8% to USD 5,114.5 million in the third quarter of 2024 from the USD 4,702.4 million registered in the third quarter of 2023, the ESD Alliance reports.
Cicor chosen as manufacturing partner for military aircraft program
EMS provider Cicor Group has been nominated by an unnamed European aerospace & defence integrator as a key supplier to a new program of electronic devices used in jet aircraft.
AI infrastructure to dominate MLCC Demand in 2025
The US economy surpassed expectations in late 2024, but sustained high interest rates in 2025 may hinder spending and investment. Against this backdrop, TrendForce projects a 3% QoQ drop in MLCC shipments for Q1 2025.
Kyocera invests in Finland's TactoTek
Japanese Kyocera has joined Finnish In-Mold Structural Electronics (IMSE) specialist TactoTek’s current funding round with an investment of EUR 5 million.
Eaton wins contract to support NY CREATES’ new facility
Eaton has signed a contract valued at approximately USD 20 million to help support the construction of NY CREATES' new NanoFab Reflection semiconductor R&D facility at its Albany NanoTech Complex.
Global semiconductor sales increase 20.7% YoY in November
Global semiconductor sales hit USD 57.8 billion during the month of November 2024, an increase of 20.7% compared to the November 2023 total of USD 47.9 billion and 1.6% more than the October 2024 total of USD 56.9 billion, reports the Semiconductor Industry Association (SIA).
Hydro acquires remaining shares in Hydrovolt
Norway's Hydro says it has signed an agreement to acquire the remaining shares in the battery recycler Hydrovolt, Northvolt's and Hydro's battery recycling joint venture, for NOK 78 million
Taiwanese MSI teams up with Syrma SGS to make laptops in India
Indian EMS provider Syrma SGS is teaming up with Taiwanese technology company MSI to produce laptops for the Indian market.
Threat of new tariffs cast shadows over 2025
Potential tariff increases on major U.S. trading partners, including China, Canada, and Mexico, could significantly raise the cost of electronic components in 2025.
Kitron receives order from Thales Norway
EMS provider Kitron says it has received an order with a value of NOK 46 million (EUR 3.9 million) from Thales Norway.
EU greenlights Synopsys' $35bn acquisition of Ansys
The European Commission (EC) has officially approved Synopsys' move to buy Ansys – subject to Synopsys selling off some competitive assets.
Chinese firms buy up stricken Belgian chip firm's assets
Chinese companies did most of the buying at the bankruptcy auction of BelGaN, Belgium’s last industrial chip manufacturer.
TSMC's Arizona facility has started 4nm production
Taiwan Semiconductor Manufacturing Co is now officially manufacturing 4-nanometer chips for its US customers in Arizona, says the US government.
Indichip Semiconductors to build $1.4 billion SiC facility
India's Indichip Semiconductors has signed an agreement with the government of Andhra Pradesh to construct a new manufacturing facility at the mega industrial hub in Kurnool.
Electrification and autonomy to boost semiconductor content in cars
Yole Group projects a transformative future for the automotive semiconductor market, fueled by advancements in electrification, ADAS, and computing power.
Rapidus targeting 2nm chip production for Broadcom
Fresh reports say Japanese foundry Rapidus will begin trial production of 2nm chips in April 2025, and has Broadcom lined up as its first major customer.
TSMC's 2024 annual revenue is an all-time record
Taiwan Semiconductor Manufacturing Company (TSMC) has recorded total revenue of USD 90 billion for 2024. It's the firm's highest annual sales total since it went public in 1994.
Graphene – the sense of a new world
Graphene has been described as a “wonder material” ever since its discovery 20 years ago. While at times the hype has been over-egged, its properties are already changing more than just the semiconductor industry.
Imec’s breakthrough in nano-ridge lasers on 300 mm wafers
Belgium-based research institute Imec has achieved a significant milestone in semiconductor technology by fabricating electrically pumped GaAs-based nano-ridge lasers on 300 mm silicon wafers. This breakthrough, announced in a recent press release, represents a crucial step towards integrating photonic and electronic components on a single chip, paving the way for next-generation silicon photonics.
Advantest invests in Technoprobe and FormFactor
Semiconductor test equipment supplier Advantest Corporation says it has entered into small minority investments and partnership agreements with both Technoprobe S.p.A. and FormFactor, Inc.
Compeq opens new PCB manufacturing plant in Thailand
Taiwanese PCB manufacturer Compeq has recently opened a new PCB manufacturing facility in Thailand, representing an investment of over THB 10.4 billion (EUR 290 million).
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