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Electronics Production | April 18, 2016
Foxconn buys TeleEye
The giant is growing even bigger via a USD 30.95 million investment to acquire a 50.07% stake in Hong Kong based TeleEye Holdings.
TeleEye is an audio-visual, information technology company that provides network surveillance solutions. The acquisition will provide Fosconn with access to the network surveillance market as well as ownership of related hardware technologies, according to a report in DigiTimes.
Chinese memory companies arrange trial production to begin in 2H/18
China has entered the semiconductor sector and focused on the development of domestic memory industry. The three key players are YMTC, Innotron (Hefei Chang Xin) and JHICC, which work on NAND Flash, mobile DRAM and...
Schweizer increase turnover to EUR 120.9 million
The Schweizer Group closed the accounts in 2017 with a record turnover of EUR 120.9 million...
Are we ready for Air Taxi Services?
Volocopter certainly believes we are. The German company presented a vision that integrates air taxis into existing transportation systems to provide additional mobility for up to 10'000 passengers per day with a single point to...
Flir Systems completes strategic investment in DroneSense
Flir has completed a strategic investment in DroneSense, the makers of a software platform...
Emerson to acquire Tools & Test equipment business from Textron
Emerson has signed an agreement to purchase the Tools and Test Equipment (Tools...
TTM completes acquisition of Anaren
PCB manufacturer, TTM Technologies has completed its acquisition of Anaren, Inc. The...
Robots create jobs – new research
At 309 units per 10'000 employees, robot density in German manufacturing industry...
EDA industry revenue up 10.7% YoY in Q4/2017
The Electronic Design Automation (EDA) industry revenue for Q4/2017 increased...
Cobham wins KF-X multirole fighter oxygen system contract
Cobham has received a contract from Korean Aerospace Industries Ltd (KAI) to design and supply a pilot Oxygen System for the future KF-X, an advanced multirole fighter aircraft currently under development.
PCB growth takes a break in February 2018
PCB manufacturers in the European D/A/CH region reported on February sales figures that were ten percent lower than those registered for January 2018. However, compared YoY, figures were 6.2 percent higher.
Tempo builds new factory in San Francisco
EMS-provider Tempo has closed a USD 20 million Series B financing round to increase its...
Manz with order from e-mobility sector
Manz has received an order for a standard production line from a European customer in the...
STI awarded the new Aerospace accreditation
UK based contract electronics manufacturer, Surface Technology International Ltd...
Finland wants to take the lead on the European battery market
Evertiq has over the course of the last year reported on several major investments regarding...
ABB and a smooth ride on water
The company has demonstrated a new futuristic, zero-emission new design of water taxi, called...
IPTE expands location in Romania
IPTE Factory Automation says that the company has expanded its production location in...
Fineline VAR acquires Prestwick Circuits
Fineline VAR Ltd, the UK subsidiary of Fineline Global, have acquired fellow UK...
Semiconductor leaders’ market shares surge over the past 10 years
The top-5 semiconductor suppliers accounted for 43% of the world’s semiconductor sales...
Scanfil to help Coloreel to disrupt the textile industry
Contract manufacturer Scanfil will manufacture the Coloreel Embroline which aims to...
List: Europe's biggest EMS providers 2017
Manufacturing Market Insider recently released its top 50 list of the worlds biggest EMS...
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