Electronics Production | September 07, 2006
Foxconn sues former employees
Foxconn has filed lawsuit against two former employees of about $8.75 million.
Foxconn Technology Group sued Liu Xiangjun and Si Shaoqing who left the group to join Byd Battery Co Ltd, demanding compensation of 70 million yuan (US$8.75 million).
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Enics president and CEO to leave at year's end
Hannu Keinänen, president and CEO of EMS provider Enics, is leaving the company by the end...
Bosch expands US operations – 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.
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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 €800 million in Saarbrücken plant
Over the next four years, a total of EUR 800 million will be invested in Saarbrücken...
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 – laying off 3’000
The Japanese company has reportedly laid off over 3’000 foreign temporary workers in...
Leoni places borrower’s note loan for more than EUR 300 million
Leoni AG says that it has successfully placed a borrower’s note loan...
Whirlpool officially opens new Polish manufacturing plant
The white goods manufacturer has officially opened its new plant for dryers in Łódź, which...
Nano Dimension sells system to Chungbuk TechnoPark
Nano Dimension says that it has sold and installed a DragonFly Pro additive manufacturing...
EIB supports Rimac with a €30 million R&D loan
The European Investment Bank says that it will provide EUR 30 million loan to Croatian electric...
Harris Corporation with a $125M R&D investment in Florida
Harris Corporation is planning to invest more than USD 125 million in internal research and development in Florida this fiscal year – adding high-paying jobs.
CATL opens first North American base
Electric vehicle battery manufacturer Contemporary Amperex Technology Co. Ltd...
OHB breaks ground on new facility in Bremen
German satellite manufacturer, OHB, has officially stated the construction of another OHB...
Daimler and BMW to establish joint mobility company next year
The planned joint mobility company with the BMW Group is expected to be established at...
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