ASMPT opens European semiconductor centre of competence
ASMPT has opened its first European SEMI Centre of Competence (CoC) in Regensburg, Germany.
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Kitron receives order from Kongsberg
Norwegian EMS provider Kitron has received orders with a value of over NOK 260 million (EUR 24.15 million) from Kongsberg Defence & Aerospace.
Plexus starts fiscal 2023 on a strong note
"Our fiscal 2023 started strong as we capitalized on the momentum built during fiscal 2022," Todd Kelsey, Chief Executive Officer, says in the company first quarter report.
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ASML reports €21.2 billion net sales in 2022
The Dutch company finished the year on a strong note as it reports fourth-quarter net sales of EUR 6.4 billion, bringing the year total up to EUR 21.2 billion.
HansaMatrix's revenue jump 61.3% in 4Q 2022
Latvian EMS provider HansaMatrix reports that, based on preliminary data, its consolidated revenues amounted to EUR 7.80 million in 4Q22, which is a massive 61.3% increase compared to the same quarter in 2021.
TÜV Rheinland invests in new laboratory centre in China
Testing, inspection, and certification services provider, TÜV Rheinland, has opened a new laboratory centre in Taicang, China.
Bosch plans to acquire eesy-ic GmbH
With the planned acquisition, Bosch further expands its semiconductor activities for the automotive market.
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Leoni opens Mexican expansion for automotive cable production
Leoni has officially opened the expansion of its automotive cables location in Cuauhtémoc, Mexico.
Intel hasn’t dropped its Italian plans – but nothing is set
After announcing a plan to increase production in Europe in March of last year, Intel told Reuters on Friday that Italy is still a prospective candidate for a new chip plant in Europe, but not the only candidate.
Infinite Electronics acquires Bulgin
Infinite Electronics has acquired Bulgin Ltd, a UK-based developer and manufacturer of connectors and related components for harsh-environment applications.
ESD industry reports revenue of $3.8 billion in Q3 2022
Electronic System Design (ESD) industry revenue increased 8.9% from USD 3,458.2 million in Q3 2021 to USD 3,767.4 million in Q3 2022, the ESD Alliance, a SEMI Technology Community reports.
Helukabel expands with new facility in Haan, Germany
Helukabel says that it is creating space for further growth as the electrical connection technology specialist is building a new site in Haan, North Rhine-Westphalia in Germany.
Wolfspeed is looking at Germany with interest
The SiC specialist is reportedly planning a multi-billion dollar semiconductor factory in Germany.
5G market will reach a value of $37 billion in 2026
TrendForce forecasts that the value of the global 5G market will reach USD 14.5 billion in 2023 thanks to the promotion of 5G private networks by enterprises and the upgrading of the equipment purposed for small cells and 5G FWA.
Cicor closes the acquisition of Phoenix Mecano
Cicor Group has completed the acquisition of 100% of the shares of Phoenix Mecano Digital Elektronik GmbH (PMDE) with two sites in Thuringia, Germany, and Phoenix Mecano Digital Tunisie S.a.r.l. with a site located in Borj-Cedria, Tunisia.
BorgWarner opens new technical centre in India
BorgWarner has established a 2,460 square metre technical centre in the Kundalahalli suburb of Bangalore, India. the Centre will support OEMs in the passenger and commercial vehicle markets.
Nanotech Energy plans to build a UK gigafactory
US battery manufacturer Nanotech Energy, Inc. has revealed it is investigating seven sites in the UK as the final location for a potential GBP 1 billion new Gigafactory.
ABB sells its power conversion division for $505 million
ABB has reached an agreement to sell its Power Conversion division to AcBel Polytech Inc. for USD 505 million in cash.
Melexis invest €70 million in Malaysian facility expansion
Micro-electronic semiconductor solutions supplier, Melexis, says that it investing EUR 70 million over the next five years to expand its facility in Kuching, Malaysia.
Göpel electronic expands with new office in Malaysia
At the beginning of the new year 2023, test and inspection solutions provider Göpel electronic GmbH opened a subsidiary in Malaysia.
ESIA welcomes EU plan to boost its cleantech economy
On 17 January 2023, President of the European Commission Ursula von der Leyen announced the intention to launch a ‘Green Deal Industrial Plan’ to plan for the future and write the “story of the clean-tech economy” in Europe.
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