Fortec launches enhances production strategy for the US market
Fortec Group has unveiled a new production strategy aimed at supporting European companies in optimising their supply chains for the US market. The initiative is designed to address both cost efficiency and trade resilience in the face of evolving international conditions.
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AI, embargoes, and the end of the chip cycle
The well-known four-year ebb and flow of the semiconductor industry is over. Political decisions and ambitions challenge the economic logic of supply and demand. Subsidies, embargoes and the AI revolution are now dictating the investment decisions while China plays the long game.
Axiro Semiconductor launches chip design centre in Bengaluru
The new chip design centre aims to serve the global 5G and 6G markets, defence and satellite communication, IOT among others.
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Nvidia expects $5.5 billion hit as US restricts chip sales to China
Nvidia said the US government informed the chipmaker that the H20 chip needs a permit to be sold to China. The license requirement for H20 chips would be in effect “for the indefinite future.”
ESD industry posts $4.9B in revenue in Q4 2024
The Electronic System Design (ESD) industry revenue increased 11% to USD 4,927.3 million in the fourth quarter of 2024 from the USD 4,440.9 million reported in the fourth quarter of 2023, the ESD Alliance, a SEMI Technology Community, reports.
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PCBAIR invests in AI to boost defect prediction in PCB manufacturing
PCBAIR, a Chinese PCB manufacturer and assembly service provider, says that it is increasing R&D funding to incorporate AI into its manufacturing processes, improving defect prediction accuracy and efficiency.
GPV increases its involvement in the defence sector
With geopolitical tensions continuing to rise, focus on defence and security has intensified. In response, EMS provider GPV is increasing its involvement in defence activities.
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Semiconductor sales surge – but what's driving the momentum?
According to the latest data from the Semiconductor Industry Association (SIA), global semiconductor sales reached USD 54.9 billion in February 2025 – up 17.1% from the same month last year. This marks the 10th consecutive month of double-digit year-over-year growth, with the Americas leading the way with a 48.4% YoY increase.
Cicor enter into a strategic supply partnership with Mercury
Cicor Group has entered into a strategic supply agreement with Mercury Mission Systems International S.A. (Mercury), a technology company active in the global aerospace and defence industry, under which Cicor will acquire a manufacturing operation in Plan-Les-Ouates, Switzerland.
India’s Jitendra EV to invest $14 million in R&D and products
The electric vehicle maker is focusing on both high-speed and low speed electric two-wheelers to meet evolving customer requirements, which include last-mile delivery in the e-commerce sector.
South Korea unveils $23B semiconductor support package
The move comes amid growing uncertainty in the global semiconductor sector following US President Donald Trump’s changing tariff policies and the escalating trade war between the US and China.
Confidee secures contract with Nordic defence player
Norwegian PCB sourcing and compliance partner Confidee has secured a strategic contract valued at NOK 5.5 million an unnamed Nordic defence actor.
Ensuring PCB compliance: Alexandre Buia shares key advice at Evertiq Expo
During this year Evertiq Expo in Sophia Antipolis, Alexandre Buia, Sales Director France at Confidee, delivered a presentation on the importance of compliance in printed circuit board (PCB) development.
Battery X forms subsidiary to boost North American operations
The formation of Battery X Discoveries represents a key milestone in the execution of the company’s long-term strategy to secure North American sources of essential battery materials.
GreenLine Mobility to invest $275M to decarbonize heavy truck fleet
The Mumbai-based company will also establish a nationwide network of 100 LNG refueling stations, EV charging stations and battery-swapping facilities in India.
Railway battery market to reach $514 million by 2030
There is a huge demand for railway batteries in Asia-Pacific in the forecast period, driven by China, India and Japan, which are the rail industry hubs in the region.
Inission's move to Nasdaq Stockholm approved
Swedish EMS provider Inission announces that it has been approved for trading on Nasdaq Stockholm Main Market.
New tariffs on semiconductors are on the way, warns Trump
US Commerce secretary Howard Lutnick said President Donald Trump would impose “a special focus-type of tariff” on smartphones, computers and other electronics products within a month or two.
China delays approval for Geely, BYD investment plans in Latin America
Approval from China has taken longer than expected for the projects, with China’s state planner raising concerns that there are tech transfer risks in the Chinese automakers’ plans, Reuters reports.
German sulfur battery firm theion raises $16M in Series A funding
Sulfur batteries tend to corrode quickly and end up expanding and destroying battery packs. theion says it uses crystalline sulfur to tackle these problems.
JSW completes $1.44B acquisition of O2’s 4.7 GW renewable platform
The portfolio is diversified across seven Indian states and includes 1.8 GW of solar, 0.5 GW of wind, 1.6 GW of hybrid, and 0.9 GW of complex solutions like FDRE/RTC.
Polymatech to set up $130M GaN chip plant in Chhattisgarh
In September 2024, Indian chipmaker Polymatech Electronics announced an investment of USD 16 million in Bahrain to establish a semiconductor manufacturing plant in the gulf country.
ContourGlobal inaugurates solar plant with 1.2 GWh BESS in Chile
The Quillagua plant in Chile’s Antofagasta region is part of a larger project that includes another similar facility in the Tarapacá region that is expected to be ready in the second half of 2025.
‘Time to act is now’: EU’s €20 billion AI push to catch up with US and China
As part of the Action Plan, the European Commission has pledged to create five AI gigafactories, which will be large-scale facilities equipped with approximately 100,000 state-of-the-art AI chips.
IBM acquires Hakkoda to enhance data platform expertise
This acquisition amplifies IBM’s ability to meet the rapidly growing demand for data services and help clients build integrated enterprise data estates optimized for speed, cost and efficiency.
Global semiconductor equipment billings surged to $117B in 2024
Worldwide sales of semiconductor manufacturing equipment increased 10% to USD 117.1 billion in 2024 from USD 106.3 billion in 2023, SEMI reports reported today.
Semiconductor industry grows 21% in 2024; Nvidia takes lead
The global semiconductor industry saw substantial growth in 2024, with worldwide revenue rising 21% year-over-year to reach USD 655.9 billion, according to final figures from Gartner. For the first time, Nvidia claimed the top spot in the global rankings, capturing 11.7% market share, followed by Samsung Electronics and Intel.
Incap US invests in advanced SMT technology
EMS provider Incap Electronics US is expanding its production capacity by investing approximately USD 2 million (EUR 1.82 million) in new advanced SMT production equipment.
China hosts the world’s first half marathon with robotic humanoids
The brand-new real-world test aims to examine real-world applications of robots and compare them to human performance.
Tata Power gets approval to install 100 MW BESS in Mumbai
The BESS will include “black start” capabilities, allowing faster recovery from outages and help avoid blackouts through islanding support, where parts of the grid continue to operate independently.
Trump reverses tariff hikes for most countries, except China
Trump announced countries that had not retaliated against US tariffs would receive a 90-day reprieve and only face a blanket tariff of 10%. But he hiked the tariff on Chinese imports to 125% from the previous 104%.
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