COVID-19 highlights the gravity of the secondary market for SME
May 26, 2020
Cha Jin-Seok, Chief Financial Officer of SK Hynix, said it best in the company’s Q1 earnings call, “Because of a never experienced pandemic, even basic business activities such as maintaining normal operations and predicting future demand have become challenging tasks.”
Rolls-Royce takes heavy hit from COVID-19 – reduces workforce by 9000
May 25, 2020
The impact of COVID-19 on Rolls-Royce and the whole of the aviation industry is unprecedented. RR has already taken action to strengthen the financial resilience of its business and to reduce cash expenditure in 2020. However, this will not be enough.
SOS LAB completes series A+, inks MOU with ON Semi
May 21, 2020
LiDAR sensor maker SOS LAB has secured series A+ investment funding of USD 8 million as of April.
TSMC confirms its intention to build new US fab
May 15, 2020
The Semiconductor giant has announced its intention to build and operate an advanced semiconductor fab in the United States with support from the US government and the state of Arizona.
Imagination and BAIC Capital creates automotive joint venture
May 14, 2020
Imagination Technologies and BAIC Group Industrial Investment (BAIC Capital), have signed a joint venture agreement to initiate the establishment of an automotive fabless semiconductor company.
Intel invests $132 million in 11 technology startups
May 13, 2020
Intel, via its investment arm Intel Capital, is investing a total of USD 132 million in 11 technology startups involved in everything between artificial intelligence (AI), autonomous computing to chip design.
GPV shows stable developments despite ongoing pandemic
May 11, 2020
Danish electronics manufacturer, GPV, managed to deliver satisfying results during the first quarter – despite the global COVID-19 pandemic.
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Electronic Manufactures can improve their cash position
The world is facing enormous upheaval due to the coronavirus (COVID-19) pandemic. For all companies, the health of their employees and their relatives is top priority but at the same time they need to continue their operations as much as possible.
Intel expands MaaS offerings with purchase of Moovit
May 07, 2020
Intel Corporation has acquired mobility-as-a-service solutions (MaaS) provider Moovit, for approximately USD 900 million (USD 840 million net of Intel Capital equity gain).
Chinese investment fund invests in Swedish sensor company
May 04, 2020
JonDeTech Sensors and the Chinese tech-fund Jiuyou Fund signed a term sheet regarding a directed issue of SEK 40 million (EUR 3.69 million) with a subscription period up until April 30, 2020. Jiuyou Fund now confirms the investment through binding agreement.
TDK Ventures invests in biomagnetic medical imaging company
April 23, 2020
TDK Corporation’s subsidiary, TDK Ventures, is adding to its growing portfolio of companies with an investment in Genetesis, a company focusing on non-invasive biomagnetic imaging.
Osram moves some lamp production to Berlin
April 23, 2020
Osram says it will concentrate its cinema lamp production at its Berlin site starting in fall of 2020. The production capacity of Osram’s second location for special high-pressure lamps in Eichstätt will be bundled accordingly in the capital.
YEESTOR takes control of EpoStar and secures funding
April 22, 2020
In April 2020, YEESTOR Microelectronics, a Chinese company specialising in storage controllers and storage solutions, successfully acquired Shenzhen EpoStar Electronics Limited CO. At the same time, YEESTOR completed B-round financing.
Global semiconductor capex forecast to drop 3% again this year
April 20, 2020
Semiconductor producers hoping to keep capital spending plans intact despite virus outbreak.
TTM completes sale of mobility business unit
April 20, 2020
TTM Technologies has completed the divestiture of its four China manufacturing plants comprising substantially all of the assets of its Mobility business unit.
HZO expands manufacturing footprint with first Vietnam facility
April 17, 2020
HZO, a supplier of protective nano coatings that safeguard electronics, is opening a manufacturing facility in the Yen Phong Industry Park complex.
TT takes extra steps to fortify itself during the pandemic
April 15, 2020
Given the uncertainty and the unknown duration of the COVID-19 pandemic and the reduced outlook for economic and industrial output globally, TT has taken actions to reduce costs and protect our cash flows.
Dymax Corp. expanding into North Carolina
April 09, 2020
Global chemical manufacturer Dymax Corporation has pledged to create dozens of new jobs at a new production site in Gaston County, Commerce Secretary Anthony Copeland has announced.
Datwyler adjusts its capacity at Mobility plants
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April 09, 2020
Datwyler says it is doing everything possible to protect the health of its employees, combat the spread of the coronavirus, and prevent interruptions to business operations. Adding to that the company is adjusting the capacity, cost structures and capital expenditure at its Mobility business unit.
