© Daniel B PIXABAY General | March 18, 2019
Huawei pleads not guilty in U.S. District Court
The ongoing saga of telecommunications giant Huawei and the U.S. Government continues, as the company pleaded not guilty in federal court in Brooklyn last week to a 13-count indictment.
Among the charges that Huawei’s U.S. attorney James Cole entered the plea for are bank and wire fraud, violating sanctions against Iran and obstructing justice. As previously reported in multiple news outlets, Huawei CFO Meng Wanzhou was arrested in December in Canada on charges related to the indictment, which was just unsealed in January. She is claiming innocence and fighting extradition. Meng and Huawei are accused of conspiring to defraud HSBC and other banks by misrepresenting Huawei’s relationship with Skycom Tech Co Ltd, a suspected front company that operated in Iran. Huawei maintains that Skycom was a local business partner, but the U.S. is claiming the company was an unofficial subsidiary used to conceal Huawei’s Iran business, and is arguing that Huawei used Skycom “to obtain embargoed U.S. goods, technology and services in Iran, and to move money via the international banking system,” according to Reuters. Also included in the indictment are references to a story filed six years ago by Reuters, which detail Skycom’s plan to sell embargoed Hewlett-Packard computer equipment to an Iranian mobile phone operator. The reporting also cited Meng’s tenure on Skycom’s board of directors between February 2008 and April 2009. In December, President Trump told Reuters that he would intervene in the case if it would help secure a trade deal with Beijing. Meng’s lawyers contend she is being used as a pawn and that the allegations are political in nature.
Dymax Corp. expanding into North Carolina Global chemical manufacturer Dymax Corporation has pledged to create dozens of new jobs at a new production site in Gaston County, Commerce Secretary Anthony Copeland has announced.
Philips, U.S. Gov team up to combat COVID-19 The Netherlands-based Royal Philips and the U.S. Government have announced they will collaborate to produce hospital ventilators at Philips’ U.S. manufacturing locations.
Datwyler adjusts its capacity at Mobility plants Datwyler says it is doing everything possible to protect the health of its employees, combat the spread of the coronavirus, and prevent interruptions to business operations. Adding to that the company is adjusting the capacity, cost structures and capital expenditure at its Mobility business unit.
EMA Design Automation partners with Dassault Systèmes EMA Design Automation says it has entered into a partnership with Dassault Systèmes. The companies will work towards the joint mission of connecting teams across a common data model for unified product development and collaboration.
Zollner Elektronik secures Nadcap Accreditation once again Zollner Elektronik AG has once again been successful in achieving renewed accreditation in accordance with the AC7120 international audit program of the National Aerospace and Defense Contractors Accreditation Program (Nadcap).
tbp does its part to speed up delivery of respiratory equipment Since the outbreak of COVID-19 in the Netherlands, tbp electronics has accelerated the supply of crucial components to clients in the medical sector.
OJ Electronics affected by Malaysian lockdown Danish OJ Electronics, a designer and developer of electronic controls for underfloor heating and HVAC controls and power, says that it has – until now – managed to keep its production and supply chain activities up running, without any significant impact on deliveries.
Medtronic plans to make ventilators together with Foxconn Within four to six weeks, the medtech company is expecting to be producing ventilators together with the Taiwanese EMS-giant at its plant in Wisconsin.
U.S. chipmaking industry seeks to slow export rule changes Nine semi-conductor industry groups urged U.S. Commerce Secretary Wilbur Ross slow the momentum to finalizing recently proposed rules that would further limit U.S. exports of semiconductors and other technology to China.
Flex Ltd. sets goal of 30,000 ventilators a month Silicon Valley-based Flex Ltd. has started mass assembly of critically needed ventilators to meet surging demand for the machines across the United States in the wake of the coronavirus pandemic.
Elvia PCB supports the fight against COVID-19 with PCBs European PCB manufacturer, Elvia PCB Group, has been working non-stop since the beginning of the COVID-19 pandemic. The company is part of a project to manufacture thousands of ventilators by mid-May.
Neways Electronics Neunkirchen introduces short-time work Neways Electronics Neunkirchen (NEN) in Germany, is responding to the consequences of the COVID-19 outbreak and will be introducing short-time work from April 1st, 2020.
European semiconductor sales up 2.4% in February 2020 The European Semiconductor Industry Association (ESIA) says that European sales of semiconductors reached USD 3.323 billion in February 2020, an increase of 2.4% compared to the January 2020 total of USD 3.247 billion.
Hisense Gorenje extends production shutdown Hisense Gorenje says that it is extending its production shutdown at all its factories in Europe for another week.
Plexus starts production of ventilators in Scotland EMS provider Plexus is participating in the UK government’s efforts to expedite the manufacturing of ventilators in aide of the fight against COVID-19.
NCAB appoints Peter Kruk as new CEO Following the announcement late last year that Hans Ståhl planned to retire in 2020, the board of NCAB Group has now found his successor. Peter Kruk will be taking over as the new CEO of the PCB supplier.
Comtech Telecomm Corp. issues business update New York-based Comtech Telecommunications Corp. has issued a statement on the withdrawal of its business outlook for its fiscal year ending July 31, 2020, as well as an update on its proposed purchase of the Gilat Satellite Networks Ltd.
Xerox provides HP acquisition update Xerox has issued a statement regarding its earlier proposal to buy HP Inc.
As Samsung Display exits the LCD market a major reshuffle is expected According to the latest investigations by the WitsView research division of TrendForce, the oversupply of TV panels in 2019 resulted in a major price drop. As such, panel manufacturers hoped to utilise their excess capacity in 2020 through increasing their production of monitor panels, with Samsung Display (SDC) having the most extensive plans.
Swedish PCB manufacturer updates machine park PCB manufacturer MMAB’s factory in the south of Sweden recently got a new drilling area with updated machines.
Ventec races to build up regional inventories to fight COVID-19 The electronics industry is playing a major role in supporting increased requirements for critical medical devices during the current COVID-19 pandemic. And with that an increase in demand of the building blocks is to be expected.
Elmatica sees a spike in demand - responds with growth in staff Growing demand, new customers and an increase in business within knowledge intensive industries, has reinforced the need for another Country Manager in Poland, a new Technical Manager and an additional resource in the Customer Service Department.
Co-operation negotiations completed at Etteplan Etteplan initiated co-operation negotiations on March 18th 2020 due to temporary changes in customer demand caused by the COVID-19 pandemic. Now, the negotiations have come to a complete.
Indian electronics company support the fight against COVID-19 Indian engineering and technology solutions company, Cyient, says it’s received clearance for its Mysore facility to run its MedTech manufacturing lines to support the production of medical equipment critical in the fight against COVID-19Load more news