AT&S grows by double digits in the corona year 2020/21
AT&S closed a challenging year – marked by the corona pandemic – with a good performance and achieved a double-digit increase in revenue and earnings.
Gartner says chip shortage to persist until 2Q22 By the looks of it we will have to deal with the global semiconductor shortage for the remainder of the year, and even longer. Research and advisory company Gartner says that it doesn't expect the market to recover to normal levels until the second quarter of 2022.
DMASS: '2021 to bring more of what we've seen' The European semiconductor distribution market started 2021 with a “flat tyre”, despite a significant increase in bookings since last quarter. According to DMASS, sales in the European Semiconductor Distribution Market fell by 1.6% to EUR 2.17 billion. Sequential growth of 15.6% however, indicates strong turnaround.
Synetronics invests in 3D AOI from Koh Young Synetronics Bestückungs AG, an EMS specialist from Mümliswil, Switzerland, is investing in the 3D AOI "Zenith Alpha HS +" from Koh Young and lays the foundation for sustainable quality and process improvements.
Teledyne completes its acquisition of FLIR Teledyne Technologies have now successful completed the previously announced acquisition of FLIR Systems, Inc. FLIR will now be included in Teledyne’s Digital Imaging segment and operate under the name Teledyne FLIR.
Sponsored content by ICAPE GroupICAPE Group Service Office in Asia In a context where traveling can be difficult, finding a good partner for your production of electronics parts can be a real challenge. With its unique organization and a Headquarters in China where all the key services are located close to the factories and fully operational, ICAPE Group provides a global solution.
Escatec acquires UK & Czech-based JJS Manufacturing EMS provider Escatec is expanding with the acquisition of UK-based JJS Manufacturing. The deal adds electro-mechanical production facilities in the United Kingdom and Czech Republic to Escatec’s portfolio.
Foxconn and Fisker to produce EVs in U.S. from Q4 2023 Fisker and Foxconn will jointly develop a vehicle under the Fisker brand that will be sold in the North America, Europe, China and India. Potential US manufacturing sites are currently under review under consideration by the companies.
CMOS image sensors to regain strength after slowing in 2020 Economic recovery from the fallout of the Covid-19 pandemic, new 5G smartphones, machine vision, and more embedded cameras will drive up CMOS image sensor sales to record high levels through 2025, says IC Insights in new O-S-D report.
Strong start to the year for Lacroix Group The French technology group announces solid growth over the first quarter of the year. The gradual improvement to activity since May 2020 has carried through to the first quarter of the new fiscal year.
KORE Power is eying three potential sites for US battery plant Evertiq has previously reported that the battery cell technology company is scouting U.S. locations for a one million square foot lithium-ion battery manufacturing plant. KORE Power now announces that it has narrowed down its search to locations in either Arizona, Florida or Texas.
DRAM revenue for 1Q/21 with an 8.7% increase QoQ Demand for DRAM exceeded expectations in 1Q/21 as the proliferation of WFH and distance education resulted in high demand for notebook computers against market headwinds, according to market researcher TrendForce.
Continued investments at Eurocircuits operations Every year the company invests in its operations, something that has been seen as a key element to its success. And for 2021, the company will invest EUR 7 million in its two factories in Hungary and Germany.
Sennheiser Consumer Business has a new owner Swiss-based medical hearing solutions provider, Sonova Holding AG, will fully take over Sennheiser's Consumer Electronics business.
Sponsored content by Arrow ElectronicsArrow Electronics Tech Snacks put engineers’ time first Arrow Electronics is launching a new learning concept, Tech Snacks, that will provide engineers with the technical information and insight they need in a choice of formats that have been designed to match their demanding schedules.
The Tech Snacks concept will be introduced at an EMEA-wide program that will run from 7-18 June covering a wide range of electronic engineering topics. Individual panel discussions will focus on artificial intelligence and machine learning (AI/ML), automotive/electric vehicles, Industry 4.0 and 5G.
Growth in smartphone production for 2021 drops to 8.5% YoY TrendForce’s investigations find that India has become the second largest market for smartphones since 2019. However, the recent worsening of the COVID-19 pandemic in the country has severely impaired India’s domestic economy and subsequently dampened various smartphone brands’ production volume and sales (sell-in) performances there.
Following flying start of 2021 - GPV expands capacity in Asia Last week Danish EMS provider GPV announced that it had recorded record results during the first quarter of the year. These positive results will allow the company to put in a higher gear and expands capacity.
GSPK Design joins forces with GSPK Circuits GSPK Design, based in Knaresborough, UK has recently been acquired by Boroughbridge based, GSPK Circuits in a merger that will boost Yorkshire’s electronic design and manufacturing capabilities. The two companies, who were spun out from the GSPK group in the early 2000’s will now join forces again.
Incap temporarily closes its factories in India In an effort to curb the current situation related to the spread of the coronavirus, the government of Karnataka has announced stricter measures. As a result of this, Incap has temporarily closed down its factories in Tumkur, Karnataka until 24 May 2021.
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).
Mycronic to acquire atg Luther & Maelzer Mycronic is to acquire atg Luther & Maelzer GmbH (“atg”), global developer, manufacturer and supplier of advanced equipment for electrical testing of PCBs and substrate.
Worldwide semiconductor revenue grew 10.8% in 2020 to $464B Despite the impact of COVID-19 on the global economy, the semiconductor market performed strongly in 2020. Demand by industry was uneven throughout the year due to global lockdowns, remote work and education, and shifts in consumer buying behaviour, according to the IDC who believes that growth will accelerate this year, desipte market shortages.
Sales up 6.9% in the first quarter for Schweizer Despite the effects of the Covid-19 pandemic the Schweizer Group was able to benefit from the global economic recovery.
Samsung expected to overtake Intel once again in 2Q21 Intel’s lackluster performance and surging DRAM market forecast to put Samsung in the lead among semiconductor supplier
Enics Turgi loses production to other sites After 6-week consultations with employee unions are concluded, Enics announces the decision to transfer manufacturing from Enics Turgi site in Switzerland to other Enics sites in Europe.
Incap keeps investing in India - third factory on the horizon The EMS provider has made a decision to invest in a third factory in Tumkur, Karnataka in India. The construction is scheduled to start in the third quarter of 2021, and the opening of the new factory is currently planned to take place in the second quarter of 2022.
Laptop manufacturing to start in Qatar A new electronics production facility will be established in the Umm Alhoul Free Zone in Qatar, built by a partnership between iLife Digital, a robotics and electronics company based in Florida, US, and Prime Technologies, a subsidiary of Ali Bin Ali Holding.
Syntronic continues to grow in Canada - expands to Montreal Swedish design house Syntronic is reinforcing its presence in Canada by expanding into the city of Montreal. The company's first Canadian office based in Ottawa recently embarked on a substantial recruitment drive due to the increasingly high demand from North American customers. The Montreal expansion forms part of a strategy to offer customers service with greater proximity.
GPV kicks off 2021 with a solid performance Danish EMS provider GPV just finished up its first quarter of 2021 and delivered record results. With a solid start to 2021 the company has set the tone for the remainder of the year.
Mahle expands in Chinese – opens development centre In late April, around 70 engineers moved into Mahle's brand new Electronics and Mechatronics Development Center in the city of Changshu in China. These engineers will focus on developing solutions for alternative drives and expand the company's expertise in electric powertrains as well as electronics and mechatronics.
New managing director takes the helm at KSG Austria PCB manufacturer KSG Austria GmbH is currently going through some changes at the management level. Dipl.-Ing. Margret Gleiniger has handed over the management of KSG Austria GmbH to Dipl.-Ing. Kornel Schmidt, who will be the company's independent managing director.
Sanmina reports solid quarter despite supply chain challenges The EMS provider is reporting second-quarter net income of USD 47 million, as compared to USD 4.88 million during the same period a year ago.Load more news