Turning a Chinese brand into a European company
March 18, 2024
Earlier in January this year, Luxshare ICT (Europe) celebrated its tenth anniversary. Although the Luxshare name has a much longer history, its success in Europe necessitated reshaping its identity to conquer new frontiers.
More layoffs awaits at Continental
February 15, 2024
Continental is implementing the global measures it announced back in December to increase R&D efficiency in the Automotive group sector, affecting around 1,750 jobs worldwide
RS Group completes acquisition of Distrelec
July 04, 2023
RS Group has completed its EUR 365 million acquisition of distributor Distrelec B.V.
CONFIDEE expands its presence in Germany
June 05, 2023
Europe's youngest PCB player is expanding its presence in continental Europe with the appointment of Patrick Sandberg as Sales Manager Germany.
Holosolis to build Europe’s largest solar PV gigafactory
May 16, 2023
Holosolis, a company founded by EIT InnoEnergy, plans to build Europe’s largest PV module gigafactory in Moselle, France.
RS Group acquires Distrelec for €365 million
April 28, 2023
Distributor RS Group announces that it has reached an agreement to acquire Distrelec B.V. for EUR 365 million.
Infineon and Continental team up on vehicle architectures
March 14, 2023
Continental will be collaborating with Infineon Technologies AG in the development of server-based vehicle architectures.
Continental opens mega factory in Romania
November 16, 2022
Continental is expanding its Romanian site in Timisoara into a new dimension: The expansion of the plant is the third since its opening in 2006.
Continental to invest EUR 210 million in Mexico
November 10, 2022
The Guanajuato state of Mexico will receive an investment of about EUR 210 million from the German automotive manufacturer Continental AG, who aims to establish a new factory and increase production at an existing one.
Evertiq Expo Berlin – a day for the electronics industry
June 07, 2022
The topics of obsolescence, flexible electronics and the current shortage – all discussed in a days work at Evertiq Expo Berlin.
New CEO takes the helm at the ZKW Group
May 24, 2022
As of May 16, 2022, Dr. Wilhelm Steger has taken over the position as CEO of the ZKW Group.
Continental wins €1B order for V-shaped displays
April 05, 2022
Continental is expanding its production-ready display portfolio by winning a series order for V-shaped displays worth more than EUR 1 billion.
ams OSRAM to sell its AMLS business to Plastic Omnium
March 25, 2022
ams OSRAM has entered into an agreement to sell its AMLS (Automotive Lighting Systems GmbH) business to Plastic Omnium for EUR 65 million.
Northvolt to set up third gigafactory in Germany
March 15, 2022
Swedish battery manufacturer Northvolt has signed a Memorandum of Understanding with the north German state of Schleswig-Holstein and the region of Heide for the development of a 60GWh battery manufacturing plant.
Continental receives first major order for OLED displays
November 10, 2021
The technology company has earned its first major order for OLED displays in a production vehicle from a global vehicle manufacturer, with a total order value of around EUR 1 billion.
RS Components officially opens extended distribution centre
November 10, 2021
Distributor RS Components (RS), has held a ribbon-cutting ceremony to celebrate the expansion of the company’s distribution centre (DC) at Bad Hersfeld, Germany.
Continental and Horizon Robotics form JV on Automotive AI Technology
September 30, 2021
Continental and Horizon Robotics signed a Joint Venture (JV) contract, focusing on providing hardware and software integrated solutions for Advanced Driver Assistance Systems and automated driving. The JV will be located in Shanghai, China.
Continental and Varta cooperate for battery development
August 23, 2021
Continental’s development and production service provider, Continental Engineering Services (CES) is cooperating with the battery specialist Varta.
Continental acquires stake in Kopernikus Automotive
August 16, 2021
Technology company Continental is investing in Leipzig-based startup Kopernikus Automotive with a minority stake. The two companies have agreed not to disclose the size of the investment.
AEye partners with Sanmina to scale LiDAR production
July 16, 2021
AEye, Inc. a provider of adaptive, high-performance LiDAR solutions, has tapped Sanmina for its manufacturing muscles. The EMS provide will start production of AEye’s 4Sight M LiDAR sensor for industrial and mobility markets in September.
Conti invests in Israeli industrial sensing start-up Feelit
July 14, 2021
Continental has acquired a minority stake in the Industry 4.0 start-up Feelit, headquartered in Tel Aviv, Israel. Both companies have agreed not to disclose the amount of the holding.
Continental receives major order for display solution
May 28, 2021
Continental has received its first major order for a pillar-to-pillar display in a production vehicle from a global vehicle manufacturer.
Swedish biometrics company expands in Europe and Asia
April 09, 2021
Swedish biometrics company, Fingerprint Cards, is seeing more and more reasons to move closer to "the action". The world’s top three payment card producers are all based in continental Europe, while most of the largest smartphone OEMs are headquartered in Asia - so that's where the company's heading.
Conti expands engineering services - opens three new locations
March 22, 2021
Continental Engineering Services (CES) is expanding and opening three new sites in England, Germany and Italy. With this the company is expanding its capabilities as a development and production service provider.
Continental invests in German-US AI chip start-up
February 23, 2021
Continental has acquired a minority stake in the German-US start-up Recogni, a company working on a new chip architecture for object recognition in real time based on artificial intelligence (AI).
Continental with another factory in Serbia
February 03, 2021
According to media reports, German automotive supplier Continental will open a EUR 140 million factory in Novi Sad in northern Serbia in March 2021.
Leuze expands with new plant in Malaysia
January 29, 2021
To meet the demand in the Asian markets, Leuze is currently constructing a new plant in Malacca, Malaysia, scheduled for completion in the first quarter of 2022.
VW looking to reduce financial impact of shortages
January 25, 2021
The German car manufacturer is currently in talks with its suppliers regarding possible damage claims relating to the shortage of semiconductors.
Is This The Perfect Storm?
December 08, 2020
As we reach the end of a difficult year managing the many challenges caused by the COVID-19 pandemic, another series of challenges is rapidly coming into focus for EMEA and North American PCB manufacturers and their supply base.
Osram manages to keep operating margin stable during 2020
November 09, 2020
Osram has come through the Year of Corona rather well thanks to early and efficient measures. “We acted early and consistently. We have protected both our employees and our production. This has paid off. Our free cash flow was positive in the last fiscal year at twelve million euros. We are particularly proud of this,” said Olaf Berlien, CEO of OSRAM Licht AG.
Continental CEO to step down a head of plan
October 30, 2020
After more than eleven years in office, the CEO of Continental AG Dr. Elmar Degenhart intends to resign from his position as of November 30, 2020 for reasons of "immediately essential preventive health care."
Continental automotive electronics in Karben by the end of 2024
October 01, 2020
The company says it will initiate structural measures at its German locations Aachen, Karben and Regensburg as well as the termination of the joint venture with Osram.
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