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Electronics Production | September 04, 2013
EUR 28.6 million order for Kongsberg
Kongsberg has received an order to the CROWS program valued EUR 28.6 million.
This order with the U.S. Army is for repair and reset of already delivered equipment, and is part of the framework agreement signed in August 2012.
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Ericsson establishes Indian AI accelerator
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ITOCHU invests in a manufacturer lithium-Ion batteries
Japanese ITOCHU Corporation announces that it has acquired equity shares issued through...
DENSO sets up US production as automakers shift to EVs
As part of DENSO's USD 1 billion investment to make its Maryville, Tennessee, location a...
Itâs confirmed â ABB sells Power Grids to Hitachi
The papers are signed and the whispering is finally all done; Hitachi will acquire ABBâs Power Grids business, an expansion of its existing partnership with Hitachi.
Kraken secures battery order and $5M advance payments
Ocean Infinity has issued a USD 6.5 million purchase order to Kraken Robotic Systems Inc. for...
Apple to build new campus in Austin â invests $1 billion
The Cupertino company has announced a major expansion of its operations in Austin, including...
Finnish Defence Forces to use Bittium tactical radios
Bittium Wireless and Finnish Defence Forces Logistics Command have signed an...
Enics president and CEO to leave at year's end
Hannu KeinÀnen, president and CEO of EMS provider Enics, is leaving the company by the end...
Bosch expands US operations â investing $45M in facility
Boschis expanding its existing operations in Anderson County, South Carolina. To...
SIX investigates Cicor after information leak
Cicor Technologies announces that SIX Exchange Regulations is opening investigation in...
Daimler is a 'big spender' when it comes to battery cells
Daimler is investing EUR 10 billion in the expansion of the Mercedes-Benz Cars electric fleet and an additional EUR 1 billion in its global battery production network.
SMA to restructure its global workforce - 425 jobs to go
The Managing Board of SMA Solar Technology AG says that it presented the restructuring...
ZF invests âŹ800 million in SaarbrĂŒcken plant
Over the next four years, a total of EUR 800 million will be invested in SaarbrĂŒcken...
SEMI supports U.S.-Japan trade agreement negotiations
SEMI says it supports the recently announced free trade negotiations between the U.S...
Alelion qualifies for 1.8 M⏠in EU loans
Alelion Energy Systems has qualified for unconditional loans of in total 1.8 M⏠from the...
Sparton Corporation to be acquired by Cerberus
Sparton Corporation has entered into a definitive agreement to be acquired by an...
QuEST Global expands in Greater Cincinnati
Engineering services provider, QuEST Global, says that it plans to strengthen its presence in...
Volex Group acquires GTK
Global provider of cable assemblies, Volex announces that it is acquiring GTK (Holdco)...
ABB confirms talks with Hitachi
Reports that power and automations company ABB is negotiating with Hitachi regarding the sale of its Power Grid business have been floating around during the day. ABB now confirms that it is indeed talking with the Japanese...
Samsung reportedly suspending operations at China plant
South Korean electronics giant Samsung Electronics will reportedly suspend operations...
Sharp shifts iPhone sensor production to China â laying off 3â000
The Japanese company has reportedly laid off over 3â000 foreign temporary workers in...
Leoni places borrowerâs note loan for more than EUR 300 million
Leoni AG says that it has successfully placed a borrowerâs note loan...
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