SEMI: EU must quadruple semiconductor funding
May 08, 2025
The EU should quadruple its semiconductor investment and establish a dedicated budget to support the sector, industry association SEMI says, according to a Reuters report.
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Azad Engineering signs $54 million deal with GE Vernova
May 08, 2025
Under this contract, Indian company Azad Engineering will manufacture and supply highly engineered and complex rotating and stationary airfoils for advanced nuclear, industrial and thermal power industries.
Europe's semiconductor target appears out of reach
April 30, 2025
It is very unlikely that the EU will meet its target of a 20% share of the global market for microchips by 2030, according to a new report by the European Court of Auditors (ECA).
LGES, Derichebourg to build battery recycling plant in France
April 30, 2025
Construction of the plant in the Val-d’Oise region of France will begin in 2026, with operations scheduled to start in 2027. The plant will specialize in pre-processing and collection of end-of-life EV batteries.
UL Solutions enhances BESS safety test methods
April 23, 2025
The new testing methods address industry innovations, including test methods for non-lithium-ion battery chemistries that reflect the evolution of battery technology while continuing to address fire risk mitigation.
Top 50 EMS firms grew 12.7% in 2024, reached $477B in assembly revenue
April 18, 2025
Overall, the APAC region accounted for around 74.7% of the Top 50 EMS revenue, and the Americas achieved 20.4% revenue growth, an increase of 2.4%, while the EMEA region constituted 2.5%, and an increase of 0.3%, mainly due to extensive activity in acquisitions.
Global semiconductor equipment billings surged to $117B in 2024
April 10, 2025
Worldwide sales of semiconductor manufacturing equipment increased 10% to USD 117.1 billion in 2024 from USD 106.3 billion in 2023, SEMI reports reported today.
Semiconductor industry grows 21% in 2024; Nvidia takes lead
April 10, 2025
The global semiconductor industry saw substantial growth in 2024, with worldwide revenue rising 21% year-over-year to reach USD 655.9 billion, according to final figures from Gartner. For the first time, Nvidia claimed the top spot in the global rankings, capturing 11.7% market share, followed by Samsung Electronics and Intel.
Trump reverses tariff hikes for most countries, except China
April 10, 2025
Trump announced countries that had not retaliated against US tariffs would receive a 90-day reprieve and only face a blanket tariff of 10%. But he hiked the tariff on Chinese imports to 125% from the previous 104%.
Sensirion opens new production building in Hungary
April 09, 2025
Swiss manufacturer of environmental and flow sensors Sensirion has completed the expansion of its production facility in Debrecen, Hungary.
Q5D integrates its largest wire harness automation robot
April 08, 2025
British developer of tools for the robotic wiring harness manufacturing industry has announced that it has obtained the key components for its largest automated wire harness automation bot.
Global GenAI spending to reach $644 billion in 2025
April 07, 2025
Generative AI spending is poised for significant growth across all core markets and submarkets in 2025, Gartner said. GenAI will have a transformative impact across all aspects of IT spending markets.
Indian defence tech startup Tonbo raises $20 million
April 04, 2025
The investment will boost the development of next-gen infrared sensors, deployment of high-power microwave tech, and working capital support for Tonbo Imaging’s global expansion ongoing programs.
DeCharge secures $2.5 million to expand EV charging network
April 02, 2025
Indian startup DeCharge is expanding EV charging infrastructure with a network of DC fast chargers and DeCharge Beast chargers, designed to provide high-speed, accessible and intelligent charging solutions.
XING, PEWC team up to deliver hybrid energy storage system
March 31, 2025
At the core of the hybrid system is the integration of PEWC’s vanadium redox flow battery with XING Mobility’s proprietary immersion-cooled lithium-ion battery platform.
SEALSQ to establish Semiconductor Personalization Center in Singapore
March 27, 2025
Further expanding its footprint in Singapore would enable the company to strengthen its Asian semiconductor supply chain, and accelerate the development of post-quantum secure chips.
Intelligent battery sensor market to reach $18.6 billion by 2032
March 27, 2025
The intelligent battery sensor market is witnessing significant growth, driven by the rising adoption of EVs, demand for battery management systems, and integration of smart automotive technologies.
YES ships first VeroTherm Formic Acid Reflow tool to chipmaker
March 27, 2025
This represents the first equipment produced in India for advanced semiconductor applications like High Bandwidth Memory (HBM), which is critical for AI and High-Performance Computing applications.
CITIC, Sangfor deepen hybrid cloud partnership
March 25, 2025
The new SmartCLOUD C-FUSION hybrid cloud series integrates the full-stack SmartCLOUD dedicated private cloud, virtual private cloud and public cloud services.
Teledyne FLIR Defense secures $7.8M surveillance systems contract
March 25, 2025
Teledyne FLIR Defense has won a contract valued at USD 7.8 million with Middle East Task Company (METCO) to provide its next-generation Lightweight Vehicle Surveillance System (LVSS) to a military entity in Saudi Arabia.
AM Batteries, TDK partner to scale up battery production
March 24, 2025
US dry battery electrode firm AM Batteries and Japan’s TDK will leverage their expertise to further optimize battery production and drive advancements in next-generation energy storage solutions.
Battery technology market to reach $137 billion by 2031
March 21, 2025
Asia Pacific is the largest market for battery tech with a share of 50%, followed by Europe and North America. In terms of products, lead-acid battery is the largest segment with a share of 55%.
Infineon aims to double India workforce to 5,000 by 2030
March 19, 2025
However, the German semiconductor firm clarified that it has no immediate plan to set up a chip manufacturing plant in India.
Siemens to cut 6,000 jobs in automation, EV charging
March 19, 2025
Siemens’s automation business will see around 5,600 job cuts, with Germany accounting for half of those losses. The job cuts in the EV charging business represent 35% of the unit’s workforce.
Valens, Rgo, CHERRY team up to design AI robotic systems
March 17, 2025
This collaboration integrates Rgo’s advanced Perception Engine, Valens’ VA7000 MIPI A-PHY connectivity chipsets, and CHERRY’s Rockchip-based hardware module.
GE Aerospace secures $5 billion US Air Force contract
March 17, 2025
This contract supports Foreign Military Sales (FMS) for F110-GE-129 engines, which power F-15 and F-16 aircraft operated by allied nations worldwide, the aerospace giant said.
Gradiant secures 2nd semiconductor water treatment project in Dresden
March 14, 2025
The Boston-headquartered water and wastewater treatment company Gradiant also announced the full integration of H+E into the Gradiant brand.
Rick Madormo to lead Allegro’s global sales
March 13, 2025
Allegro MicroSystems has appointed Rick Madormo as Senior Vice President of Worldwide Sales, effective March 24, 2025.
Hitachi Energy invests $250M to tackle transformer shortage
March 12, 2025
To keep pace with the surge in demand for transformers, Hitachi Energy has pledged to scale up production of critical components and strengthen supply chains in the US and worldwide.
Scanfil inks deal with Leardal Medical for Malaysian factory
March 11, 2025
Laerdal Medical and EMS provider Scanfil have signed a framework agreement for manufacturing at Scanfil’s newly acquired Malaysian factory in Johor Bahru.
Alkaline battery market to reach $14.3B by 2033
March 10, 2025
AA (LR6) and AAA (LR03) batteries remain the most dominant sizes, powering everything from household gadgets like remote controls and flashlights to industrial tools and medical devices.
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