Katek makes another acquisition across the Atlantic
German EMS provider Kates says that it has concluded a purchase agreement with the owners of Nextek Inc., a US-based supplier of high-tech and high-value electronics, to acquire all shares in the US company.
Daniel Günther confident that Northvolt will come to Germany Is Northvolt coming to Schleswig-Holstein (northern Germany) or not? What seemed certain just a few months ago, seems to be at least questionable today.
Semiconductor market decline reshuffles top 10 ranking Following a record run, the semiconductor market has cooled down and consumer confidence has waned resulting in a historic drop. But how does this affect the ranking of the top 10 semiconductor companies?
Ranking: best selling EV brands for 3Q22 Sales of BEVs totaled 2.147 million units and increased by 75% year over year, while sales of PHEVs totaled 714,000 units and increased by 57% year over year.
LG Chem to invest $3 billion in US cathode plant LG Chem has signed a memorandum of understanding (MOU) with the state of Tennessee to establish a new cathode manufacturing facility in Clarksville with an investment of more than USD 3 billion.
The semiconductor market declines into uncharted territory It would be an understatement to say that the semiconductor market has experienced an exceptional run of sequential revenue growth over the past years. But the party very much seems to be over.
Sponsored content by Evertiq Expo Tampere 2022Evertiq Expo: There is an abundance of "Sisu" in the Finnish industry “Finland lives on its forests”, was a saying that was quite common some time ago. Then came a time when you had to add “..and on Nokia”. But that doesn't really cut it anymore – the country has a strong technology-based economy all together.
Enel intends to build US solar PV cell & panel plant Enel North America, through its affiliate 3Sun USA, says that it intends to build an industrial-scale production facility in the US for the manufacturing of photovoltaic (PV) modules.
BAE to produce new variants of the CV90 for the Swedish Army BAE Systems has signed a follow-on contract worth USD 90 million with the Swedish Defence Materiel Administration (FMV) for two new CV90 variants, which are being added to the Swedish CV90 RENO upgrade program.
Global NEV sales reached 2.87 million units for 3Q22 TrendForce’s latest research finds that global sales of new energy vehicles (NEVs), which encompass battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel-cell vehicles (FCVs), rose by 70% YoY to 2.87 million units for 3Q22.
Richardson portfolio with Gallium Semiconductor Richardson Electronics has entered into a a global distribution agreement with Gallium Semiconductor.
Sponsored content by Evertiq Expo Tampere 2022Evertiq Expo Tampere: 70% of products miss the mark when they come to final testing Some 70% of companies that come to a test house do not meet the requirements and as a result, lose both time and money. Don’t fail – include the regulatory part in your product planning and development.
Musk looking at South Korea for possible EV investment South Korea is among top candidates for a Tesla factory in Asia, according to South Korea's presidential office.
Tale of two halves for DRAM market The DRAM market often enjoys robust sales in the second half of the year when system makers place orders for memory to use in their new generation of products that they plan to release for the year-end holiday season. That scenario has not panned out this year.
Edwards expands with manufacturing facility in South Korea Edwards, which is a part of the Atlas Copco Group, is building a new manufacturing facility for vacuum and abatement systems used in the global manufacture of semiconductors.
Layoffs await at GlobalFoundries as the company looks to cut costs The semiconductor manufacturer is planning to reduce its workforce as the company looks to navigate itself through a period of weaker demand and increased costs.
North American PCB industry sales up 9.0% in October Total North American PCB shipments in October 2022 were up 9.0% compared to the same month last year. Compared to the preceding month, October shipments fell 13.3%.
North American EMS industry Up 14.9% in October Total North American EMS shipments in October 2022 were up 14.9% compared to the same month last year. Compared to the preceding month, October shipments decreased by 2%.
GlobalFoundries to tackle the supply chain with new appointment Ashlie Wallace will lead GlobalFoundries' global supply chain operations, including logistics, supply planning, sourcing, and procurement. She will step into her new role on November 28, 2022.
Tempo Automation secures up to $100 million in financing Electronics manufacturer Tempo Automation and and ACE Convergence Acquisition Corp. (ACE) have entered into a committed equity facility with White Lion Capital.
Projected YoY growth rate of server shipments for 2023 revised down to 2.8% Based on the latest data and research, TrendForce has further corrected down the projected YoY growth rate of whole server shipments for 2023 to 2.8%.
The UK is looking into Broadcom’s acquisition of VMware The UK’s Competition and Markets Authority (CMA) is looking into whether chipmaker Broadcom’s USD 61 billion acquisition of VMware may substantially lessen competition.
Heilind's SVP Alan Clapp looks back at 2022 2022 has been a year of challenges for most companies, for connector specialist Heilind these challenges proved to be a "blessing in disguise" as they opened up a lot of customer opportunities due to the supply chain issues.
US sanctions against China could spread to the display panel industry Recent observations by market intelligence firm TrendForce suggests that the ongoing expansion of the US semiconductor trade restrictions against China could eventually spread to the display panel industry.Load more news