Microchip acquires VSI
April 11, 2024
Microchip Technology has completed the acquisition of Seoul, Korea-based VSI Co. Ltd., a specialist in providing high-speed, asymmetric, camera, sensor and display connectivity technologies and products based on the Automotive SerDes Alliance (ASA) open standard for In-Vehicle Networking (IVN).
Taiwan opens new vacuum heat treatment centre
December 15, 2023
France's ECM Group and Taiwan's Metal Industries Research & Development Centre (MIRDC) have combined to launch the Asia-Pacific Vacuum Heat Treatment Synergy Centre.
ZKW expands its site in Mexico
December 07, 2023
Lighting systems specialist continues to invest in the production plant in Silao, Mexico. As part of the opening of the new construction phase, the foundation stone for the next expansion is already being laid.
Ford lowers job count and capacity at US EV plant
November 22, 2023
American auto maker Ford announced yesterday that the company is "re-timing" and "resizing" some investments for its BlueOval Battery Park Michigan in Marshall.
BYD secures fifth spot in global auto sales for July
September 01, 2023
In July 2023, global car sales faced a noticeable downturn, with 5.44 million vehicles rolling off the lot across 37 key markets – a 10% dip compared to June’s figures, according to TrendForce research.
SK On, Ford, EcoPro BM to establish cathode plant in Canada
August 18, 2023
SK On says it will establish a cathode manufacturing facility in Canada with automaker Ford Motor and cathode producer EcoPro BM.
Joyson Electronics' order book hits $5.8bn
August 07, 2023
Chinese automative components supplier Joyson has revealed it has booked 42 billion yuan (USD 5.8 billion) worth of new orders worldwide in H1 2023.
Silicon Power planning manufacturing plant in Odisha, India
July 28, 2023
US-headquartered Silicon Power Group is preparing to establish a manufacturing facility in Odisha to manufacture 150 mm silicon carbide.
Junchuang creates North American R&D hub in Fort Worth
July 27, 2023
EV solutions company Junchuang has leased a 55,000-square-foot industrial facility in Fort Worth to serve as its North American research and development centre.
Sales sentiment for the electronic components market recovers after May slump
July 12, 2023
New industry data reports a four point rise in sales sentiment among industry professionals in the electronics components supply chain.
Improved sales sentiment from December 2022 continued in 1Q23
March 14, 2023
February 2023 electronic components sales sentiment powers past expectations, momentum carries into March outlook.
Magna launches expansion spree – 1,000 new jobs to be created
February 27, 2023
Magna says that it is investing more than USD 470 million to expand its operations across Ontario, Canada. The growth includes a new battery enclosures facility in Brampton to support the Ford F-150 Lightning and future OEM programs.
Ford to slash 3,800 European jobs over the next three years
February 15, 2023
Ford says that it is taking the next steps in the transformation of its European business. As the company responds to changing market conditions and a growing field of electric vehicle competitors, Ford is looking to create a leaner, more competitive cost structure.
Ford taps Michigan for new $3.5 billion battery plant
February 14, 2023
The US automaker says that it is investing USD 3.5 billion to build an electric vehicle battery plant in Michigan, creating 2,500 new jobs in the region.
Mini LED backlit automotive display modules forecasted to total around 450,000 units for 2023
December 21, 2022
According to TrendForce’s latest research, shipments of Mini LED-backlit automotive display modules are estimated to total around 140,000 units this year because of their use by European, Chinese, and US carmakers.
Stellantis JV's bankruptcy just the first of many on China's domestic market?
November 30, 2022
The bankruptcy of Stellantis' Jeep joint venture could spell trouble for other global brands trying to make it on China's home turf.
Sales sentiment decline in electronic components extends into October
November 01, 2022
A precipitous drop in sales sentiment for semiconductors dragged the overall component sentiment index down by 6.7 points to 75.6 in October despite modest improvements in the Electro-Mechanical and Passive Component Indices.
Bleak outlook amongst ECIA members
September 08, 2022
ECIA’s has recently released the results from its Electronic Component Sales Trend survey (ECST) for August and the third quarter of 2022. So, what the word? Well, ECIA members seems to be expecting things to go from bad to worse.
ZKW expands production at Mexican location
July 28, 2022
Lighting systems specialist invests an additional total of over USD 102 million in production plant in Silao, Mexico.
Mexico rumoured to be the next stop for CATL
July 20, 2022
Contemporary Amperex Technology Co. Ltd, a Chinese battery maker, is reportedly considering locations in Mexico.
Ford picks Valencia for next-gen EV architecture
June 30, 2022
Ford in Europe has announced that it has chosen its plant in Valencia, Spain, as the preferred site to assemble vehicles based on a next-generation electric vehicle architecture.
A new European megafactory to produce 500 satellites yearly
June 24, 2022
Aerospacelab has unveiled its satellite megafactory commitment, with a yearly production capacity of 500 satellites, making it effectively the largest satellite manufacturing plant in Europe.
GlobalFoundries and Ford are aiming to boost chip supplies
November 18, 2021
Semiconductor manufacturer, GlobalFoundries, says it is entering into a strategic collaboration with Ford Motor Company with the aim of advancing semiconductor manufacturing and technology development within the United States. The companies are looking to boost chip supplies for Ford and the US auto industry.
Ford to invest £230 million to build electric car parts in the UK
October 18, 2021
Building on its commitment to go all-in on electrification in Europe, Ford says that it intends to invest up to GBP 230 million (EUR 272.6 million) at its Halewood, UK vehicle transmission facility to transform it to build electric power units.
Ford and SK Innovation with USD 11.4bn investment in US
September 28, 2021
Ford and SK Innovations are investing USD 11.4 billion in new locations in the US. A new campus in Tennessee and two battery facilities in Kentucky are envisioned to create around 11'000 new jobs.
ZKW expands its location in Mexico once again
September 21, 2021
The lighting systems and electronics specialist says that it is expanding the location by an additional 21,000 square meters, which will increases the production area to a total of 35,000 square meters.
Ford and SK Innovation looking at Eastern Europe for new facility
September 13, 2021
SK Innovation and Ford are rumoured to set up a joint venture in Europe with possible locations in Hungary, Romania and Poland.
Ford India will cease manufacturing vehicles in India
September 10, 2021
Ford India will cease manufacturing vehicles for sale in India immediately; manufacturing of vehicles for export will wind down at Sanand vehicle assembly plant by Q4 2021, and Chennai engine and vehicle assembly plants by Q2 2022.
Rivian closes $2.5 billion funding round
July 26, 2021
The electric car company announces that it has closed a $2.5 billion private funding round. The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. Rowe Price Associates, Inc.
Toyocolor to supply SK Innovation with Li-ion battery materials
July 12, 2021
Toyocolor Co., Ltd., the colorants and functional materials division of Japan’s Toyo Ink Group, has been tapped to supply the North American and European operations of South Korean battery manufacturer SK Innovation, with its Lioaccum series of conductive carbon nanotube (CNT) dispersions.
The global chip shortage - a timeline of unfortunate events
June 04, 2021
COVID-19 has sent traumatic ripples through supply chains around the globe, but the semiconductor supply chain was fragile long before governments shut down and catastrophe struck. In a culmination of negative variables, the chip shortage has amassed over the years from a series of unfortunate events.
Ford forms battery joint venture with SK Innovation
May 24, 2021
Ford and SK Innovation have signed an MoU to create a joint venture – to be called BlueOvalSK – to produce approximately 60 GWh annually in traction battery cells and array modules, starting mid-decade, with potential to expand.
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