Valmet Automotive inks manufacturing deal with Lightyear
Valmet Automotive has signed a letter of intent on vehicle manufacturing with Lightyear, the Netherlands-based technology company.
Blackstone receives subsidy and operating permit for 3D battery production Blackstone Resources' German subsidiary, Blackstone Technology GmbH, has received the official operating-permit from the authorities of the city of Döbeln to start production of 3D printed Li-ion battery-cells.
Magna to acquire Veoneer Magna International announces that the comapny have entered into a definitive merger agreement under which Magna will acquire automotive safety technology company Veoneer.
TTM speeds up PCB solder mask processing with Orbotech system PCB manufacturer TTM Technologies has purchased and installed an Orbotech Neos 800, transforming the way solder mask is applied to PCBs.
Sponsored content by CMLStrategic solutions to the current material shortage in the PCB industry In the past few month’s PCB laminates and base material costs have seen a dramatic rise. The natural consequences of this inflation besides the higher production costs are the unavailability of certain materials paired with longer delivery lead times. A problem like this will destabilize any supply chain, or that’s what you may think.
Nidec in discussions regarding JV with Hon Hai and Foxtron Nidec Corporation has agreed to start discussions on establishing a joint venture with Hon Hai Technology Group and Foxtron Vehicle Technologies of Hon Hai Technology Group in Taiwan.
Schweizer achieves IATF certification at its Jintan, China plant A little over a year ago, production was launched at Schweizer's new high-tech plant in Jintan (China). Now, the company is celebrating another important milestone for the plant in China as it has achieved IATF 16949:2016 certification.
Another strong quarter for NCAB "In general, we are seeing increased activity from both existing and new customers with new projects. This is an indication that we are capturing market share," says Peter Kruk, CEO of NCAB Group in the interim report.
Stora Enso starts pilot plant for carbon materials for batteries Stora Enso's announces that its pilot facility for producing bio-based carbon materials from lignin has started operations. This follows the company's EUR 10 million investment announced in 2019.
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).
Bosch is making three new investments in Hungary The German company says is will strengthen the significance of its site in Maklár, Hungary. The company will make three new investments in Maklár where the poduction of electric steering will be expanded and a global service centre will be built.
Saki beefs up customer support services at Nara factory Japanese inspection specialist Saki Corporation has added a dedicated customer demonstration room for pre-acceptance check of inspection equipment as well as a Parts Center for centralised management of inventory and supply at its Nara factory.
SVOLT and Stellantis enter battery partnership Chinese headquartered SVOLT has entered into a partnership with automotive holding company Stellantis, the owner of brands such as Chrysler, Citroën, Fiat, Opel and Peugeot.
Volvo to take full ownership of its Chinese manufacturing and sales operations Volvo Cars has signed an agreement with its parent Geely Holding to acquire Geely's stake in the parties joint ventures in China, with the aim of taking full ownership of its car manufacturing plants and sales operations in the country.
Rising threat of COVID-19 to hamper smartphone production Given the intensifying COVID-19 pandemic in India and Vietnam in April and May, TrendForce is revising its forecast of annual smartphone production for 2021 from 1.36 billion units down to 1.35 billion units in response to the second wave of coronavirus that has spread throughout India and Vietnam.
Mycronic receives order for two SLX systems Mycronic AB has received an order for two SLX systems from a new customer in Asia.
Mission Critical Electronics acquires ZeroRPM Mission Critical Electronics (MCE), a California-based designer and manufacturer of electrical power solutions for specialty vehicle, marine, network and industrial markets, is acquiring ZeroRPM.
Electronic system design industry logs record first quarter Electronic System Design (ESD) industry revenue increased 17% to USD 3,1571.7 million in Q1 2021, the strongest first-quarter growth ever, the ESD Alliance, a SEMI Technology Community, announces in its Q1 2021 Electronic Design Market Data (EDMD) report.
Teledyne awarded $39.2M for autonomous underwater vehicles Teledyne's subsidiary, Teledyne Brown Engineering, Inc., has been awarded an indefinite-quantity/indefinite-delivery contract with a maximum base value of USD 27.4 million from the U.S. Navy for the Littoral Battlespace Sensing-Glider (LBS-G) program. The contract includes a single five-year ordering period and five one-year option periods. The option periods, if exercised, have a ceiling value of USD 39.2 million.
ABB to acquire ASTI Mobile Robotics Group ABB will acquire ASTI Mobile Robotics Group (ASTI), a global autonomous mobile robot (AMR) manufacturer with a portfolio across all major applications enabled by the company’s software suite.
Verkor raises €100M to develop battery cells in France Co-led by EQT Ventures and Renault Group, the new capital will allow Verkor to break ground on an advanced R&D facility and pilot line for battery cell manufacturing – a leap forward in its roadmap to 50 GWh battery production capacity by 2030.
Taiwanese IPC revenue for 1H21 reaches NTD 115.1 billion As the Taiwanese IPC (industrial PC) market suffered from deferred orders due to supply chain and logistical disruptions that took place in 1H20, total domestic IPC revenue for 1H20 reached NTD 105.4 billion, a 4.7% YoY decrease, according to TrendForce’s latest investigations.
Altix receives new order for AcuReel XL imaging system Altix has received its first order for its AcuReel XL from a undisclosed European FPC manufacturer.
Veoneer partners with Baraja Swedish automotive technology company Veoneer, has signed an agreement with pioneering LiDAR company Baraja to industrialise their Spectrum-Scan LiDAR technology for the next market wave of L2+ through L4 autonomous vehicle applications.
Jenoptik achieves record figures in 2Q 2021 The Jenoptik Group achieved record figures in order intake, revenue and EBITDA in the second quarter 2021 and due to this the company raises its guidance for the fiscal year 2021.
NAND Flash contract prices to increase by 5-10% QoQ in 3Q21 The recent wave of COVID-19 outbreaks in India has weakened sales of retail storage products such as memory cards and USB drives, according to TrendForce’s latest investigations.
Lockheed Martin opens new STAR center Lockheed Martin has opened its Florida-based "factory of the future", an advanced manufacturing facility to expand Orion spacecraft production.
AEye partners with Sanmina to scale LiDAR production AEye, Inc. a provider of adaptive, high-performance LiDAR solutions, has tapped Sanmina for its manufacturing muscles. The EMS provide will start production of AEye’s 4Sight M LiDAR sensor for industrial and mobility markets in September.
Swedens importance for Kitron Sweden as a geographic market drives Kitron. The EMS provider recorded revenues of NOK 994 million (EUR 96.4 million) during the second quarter of 2021, out of this total, NOK 472.3 million (EUR 45.5 millon) came from the Swedish market.
Nano Dimension and Hensoldt form jointvVenture Additively manufactured electronics specialist, Nano Dimension, has formed a partnership with defense and security electronics provider HENSOLDT AG. The recently formed joint venture entity is named J.A.M.E.S GmbH (Jetted Additively Manufactures Electronics Sources, or J.A.M.E.S).Load more news