Managing obsolescence: FED and COGD agree on cooperation
November 28, 2022The German Electronics Design and Manufacturing Association (FED) and the Component Obsolescence Group Deutschland (COGD) signed a cooperation agreement at Electronica in Munich.
Lam Research acquires SEMSYSCO
November 16, 2022Lam Research Corp. announced that it has completed the acquisition of SEMSYSCO GmbH, a global provider of wet processing semiconductor equipment from Gruenwald Equity and other investors.
AT&S reports on EUR 1 billion in revenue for 1H/2022-23
November 03, 2022AT&S continued its growth course in the first half of the financial year 2022/23, achieving record revenue and earnings levels. Revenue increased by 53% to EUR 1,070 million in the first half of 2022/23, compared with EUR 698 million during the previous year.
GPV and Enics are now one
October 03, 2022The merger of Danish GPV and Swiss-headquartered Enics has officially been completed.
Terma to acquire part of Atos' space business
September 23, 2022Terma will acquire the Atos satellite ground testing business, covering Electrical Ground Support Equipment (EGSE) for satellites. The transaction will expand Terma’s position on the European Space market.
EV Group expands collaboration with ITRI
September 05, 2022Wafer bonding and lithography equipment supplier, EV Group (EVG), has expanded its collaboration with the Industrial Technology Research Institute (ITRI), a technology research institute based in Hsinchu, Taiwan.
The European PCB industry – a trip down memory lane
June 29, 2022European PCB production has for a number of years been outcompeted and outperformed by production in Asia. It’s been previously documented that the prime movers were price competition and a strong outsourcing wave of the entire electronics industry in general. But how does the European PCB industry look today?
GPV and Enics merges – creating a new European EMS giant
June 22, 2022Danish EMS provider GPV is merging with Swiss-headquartered EMS provider Enics. The transaction values the combined business at more than DKK 4 billion (EUR 537.7 million).
BMW Group brings e-drives to Austria
June 21, 2022From 2025 onwards, BMW's next generation of e-drives will be created in Steyr – with both production and development on site – as company's plant Steyr embarks on an electrified future.
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California EV company opens India HQ in Hyderabad
April 13, 2022California-based EV company Fisker announces that the company has established its India headquarters in the southern city of Hyderabad, Telangana State.
Austrian automotive supplier expands in Hungary
March 09, 2022Austrian powertrain system developer, AVL, is expanding in Hungary. The company has broken ground on a New Vehicle Test Hall in the city of Érd, just outside of Budapest.
Despite the challenges, 2021 became a record year for GPV
March 04, 20222021 proved to be another record year for Danish EMS provider, GPV. The company recorded revenues of DKK 3.2 billion (EUR 430 million), an increase of 11% from 2020.
Infineon to invest €2 billion in a new Malaysia frontend fab
February 17, 2022Updated: The German semiconductor company is looking to fortify its position in power semiconductors by adding significant manufacturing capacities in the field of wide bandgap (SiC and GaN) semiconductors. The company is investing more than EUR 2 billion to build a third module at its site in Kulim, Malaysia.
Continued strong growth for AT&S
February 07, 2022The Austrian PCB manufacturer is reporting positive revenue development for the first three quarters of 2021/22. Nine-month revenue increased by 30% to EUR 1.14 billion, compared with EUR 884 million during the same period last year.
Thai EMS provider expands in Slovakia
January 31, 2022EMS provider SVI is currently expanding its European footprint. The company is adding 4000 new square metres of floor space at its manufacturing factory in Liptovský Mikuláš, Slovakia in order to increase production capacity.
Robot density nearly doubled globally
December 17, 2021The use of industrial robots in factories around the world is accelerating at a high rate: 126 robots per 10,000 employees is the new average of global robot density in the manufacturing industries – nearly double the number five years ago (2015: 66 units), reports the International Federation of Robotics (IFR).
Volta Trucks announces partnership with DB Schenker
December 01, 2021DB Schenker and Volta Trucks have confirmed a partnership and pre-order of nearly 1'500 full-electric Volta Zero vehicles to accelerate the transition to an all-electric urban vehicle fleet.
ZKW ramps production and adds capacity with new expansionLoad more news
November 16, 2021After about a year of construction, ZKW's new logistics centre in Wieselburg, Austria is now in operation. The new, highly automated, warehouse system will guarantee a steady, fast and efficient supply of materials for the entire production site.