"Significant progress" made in Hitachi Thales rail deal
Thales and Hitachi Rail have made significant progress towards the completion of the sale of Thales' Ground Transportation Systems (GTS) business to Hitachi Rail.
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Q2 revenue for top 10 IC design houses surge 12.5%
Fueled by an AI-driven inventory stocking frenzy across the supply chain, TrendForce reveals that Q2 revenue for the top 10 global IC design powerhouses soared to USD 38.1 billion, marking a 12.5% quarterly increase.
Electrolux has found a buyer for its Memphis factory
Electrolux Group has agreed to divest its manufacturing facility in Memphis, Tennessee, USA to a US-based investment company for a cash consideration of USD 61 million
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MYPro™ I51 3D AOI — when ease of use and high performance go hand in hand
In today’s high-paced, high-mix, just-in-time production environment, electronics producers have to find the right production setup to handle flexibility, high-reliability, and scalability, all while maintaining a high level of usability for their production staff. Now combining a ground-breaking user-friendliness for program creation with one of the most advanced 3D AOI vision technologies on the market, the MYPro I51 might very well be a game-changer for high-reliability high-mix EMSs and OEMs looking to increase their capacity. Compared with previous generation, the MYPro I51 is up to 30% faster to program, and offers an up to 30% faster cycle time.
VAT breaks ground for innovation center in Haag
On September 13, VAT broke ground for a new innovation center at its corporate campus in Haag, uniting research, development and application activities under one roof on 12,000 m2 over four floors.
Redwood expands in Europe by acquiring Redux Recycling GmbH
The acquisition is said to provide Redwood with a EU presence to expand operations, increase capacity for battery recycling, and work closely with suppliers, customers and industry partners.
Verkor secures over €2 bn to launch gigafactory in France
The financing is said to accelerate the construction of Verkor’s gigafactory, in Dunkirk, technological developments, and investments generating thousands of direct and indirect long-term jobs.
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