AT&S opens new sales office in Seoul
March 13, 2025
Austrian PCB and IC substrates manufacturer AT&S is strengthening its presence in Korea with the opening of a new sales office in Seoul.
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Mitsubishi Chemical eyes entry into India’s chip, EV sectors
March 13, 2025
The Japanese group currently manufactures polypropylene at a plant in Rajasthan for the automotive sector. It also has an industrial gas business in Maharasthra and a compounding business in Gujarat.
CCI clears ONGPL’s proposal to acquire Ayana for $2.3B
March 12, 2025
This is the second mega deal in India’s renewable energy sector after Adani Green Energy acquired SB Energy India from SoftBank Group and Bharti in an all-cash deal worth USD 3.5 billion in 2021.
Foundry market hits $38.5B as top 10 dominate with 96% share
March 11, 2025
The global foundry industry reached a new revenue record of USD 38.48 billion in Q4 2024, driven by strong demand for advanced process nodes in AI servers, flagship smartphone application processors, and new PC platforms, reports TrendForce. The top 10 foundries achieved nearly 10% QoQ revenue growth, despite weakening demand for mature process technologies.
Kalyani partners with Compal to make servers in India
March 10, 2025
South Korea’s Compal Electronics will provide the Indian company with technological support related to servers, including overseeing local production, assembly, testing activities and final sales.
Porsche acquires majority stake in V4Drive
March 10, 2025
German battery maker Varta’s eMobility subsidiary, V4Drive, will operate under the name “V4Smart”. While Varta remains a minority shareholder, it won’t exercise any operational influence.
General Atomics acquires North Point Defense
March 07, 2025
This acquisition enhances GA’s capabilities in the rapidly evolving SIGINT field, positioning the company to deliver advanced ISR solutions for air, sea, ground, and space platforms.
Cicor makes an offer to acquire a part of Éolane
March 06, 2025
The previously disclosed discussions between Cicor and Éolane Farnce have reached an advanced stage, and a public offer has been submitted.
Weak demand pushes 4Q24 NAND revenue down 6.2%
March 05, 2025
TrendForce’s reports that the NAND Flash market faced downward pressure in 4Q24 as PC and smartphone manufacturers continued inventory clearance efforts, leading to significant supply chain adjustments.
Variosystems expands its presence in Germany via acquisition
March 05, 2025
Variosystems has acquired Heicks Industrieelektronik GmbH, a technology company specialising in electronic solutions for the aerospace sector, and will fully integrate it into the Variosystems Group.
Toray opens semiconductor R&D centre in Taiwan
March 05, 2025
The new facility will reinforce R&D in advanced semiconductor technologies and materials and provide technical services in the Taiwan market.
GF and MIT to advance research on essential chips for AI
March 04, 2025
GlobalFoundries (GF) and the Massachusetts Institute of Technology (MIT) have entered into a new master research agreement aimed at advancing semiconductor technologies.
Benchmark breaks ground on its fifth facility in Penang
March 04, 2025
EMS provider Benchmark has officially broken ground on its new PT4 facility – which is also the company's fifth facility in Penang, Malaysia.
Nokia completes its acquisition of Infinera
March 04, 2025
Nokia has finalised the acquisition of optical networking solutions provider, Infinera, to bolster its capabilities in the data center market.
SMT Energy secures $135M for 160MW Houston BESS project
March 03, 2025
The project will support the Electric Reliability Council of Texas (ERCOT) grid by providing access to stored energy, and help power annual consumption of 8,800 homes in Texas.
VCI, Kinesis to build semiconductor wire plant in Chennai
February 28, 2025
The 25,000-square-foot facility will focus on producing semiconductor bonding wires, a crucial component in chip manufacturing.
Humanoid robots to become the next US-China battleground
February 25, 2025
Governments worldwide are ramping up investments in robotics R&D as labour shortages and rising costs persist. TrendForce reports that China, Japan, the US, South Korea, and Germany have consistently ranked among the top five countries for industrial robot installations and are expected to continue executing over USD 13 billion in related projects by 2025.
Electrolux retains business in Egypt – plans to grow
February 25, 2025
In July 2023, Swedish home appliance manufacturer Electrolux said that it was looking into a potential divestment of the group’s business in Egypt. Now, however, the company has decided to keep the unit and focus on its growth.
Samsung Display partners with Intel with eye on AI PC market
February 24, 2025
Through this MoU, Samsung Display plans to develop display solutions optimized for Intel’s cutting-edge processor chips that enable enhanced artificial intelligence (AI) capabilities.
Evertiq scholarship returns to Tampere to support young talent
February 24, 2025
In 2023, Evertiq took a significant step in supporting emerging talent in the electronics industry by launching the Evertiq Scholarship. The initiative, introduced at Evertiq Expo Tampere, aimed to recognise and encourage promising students who show exceptional potential and dedication to the field. Now, the scholarship returns.
Is Arm expanding its Bengaluru operations?
February 24, 2025
In India, Arm’s team of computer engineers work on architecture development, CPU and system design and verification, software enablement, compute solutions, and physical implementation.
Alibaba bets big on AI, to invest $53 billion in 3 years
February 24, 2025
Alibaba Group Holding Ltd.’s CEO Eddie Wu said the pursuit of artificial general intelligence (AGI) is now the Chinese company’s “primary objective.”
Reliance Infra to set up integrated solar, battery plants
February 21, 2025
By entering into the solar equipment and battery manufacturing business, the group aims to cover the entire spectrum of renewable energy value chain, according to the PTI report.
CATL, Volkswagen to partner on EV batteries
February 21, 2025
Volkswagen said the collaboration with CATL will help provide better battery solutions for its customers, support its supply chain and help in meeting the increasing requirements of the EV market.
Continental to cut 3,000 R&D jobs to boost competitiveness
February 20, 2025
Continental has announced plans to reduce its global research and development (R&D) workforce by approximately 3,000 positions by the end of 2026. The decision is part of a broader strategy to enhance competitiveness in a challenging automotive market and optimise the company’s global R&D network.
SUMCO to end wafer production at Miyazaki plant amid market shifts
February 20, 2025
Japanese silicon wafer manufacturer SUMCO says it will stop 200mm wafer production at the Miyazaki plant by 2026
Hexatronic to start US manufacturing fiber-optic cables
February 19, 2025
Hexatronic has decided to start manufacturing its fiber-optic cables in the US. This decision is accompanied by a commitment for investment in equipment, additional staff and training at Hexatronic’s Clinton, South Carolina facility.
General Atomics, EDGE partner to produce electromechanical systems
February 18, 2025
A key milestone in the project will be the certification of EPI's facility as a Part 145 repair centre. EPI is an entity of the EDGE Group.
Global silicon wafers shipments and revenue start recovery
February 18, 2025
In the second half of 2024, worldwide silicon wafer demand started to recover from the industry downcycle seen in 2023, the SEMI Silicon Manufacturers Group (SMG) reports.
Icape strengthens its UK presence via acquisition
February 18, 2025
The French headquartered PCB supplier continues to strengthen its base in the UK, this time through the acquisition of Kingfisher PCBs Ltd., a UK-based distributor of printed circuit boards.
Northvolt sells industrial battery division to Scania
February 18, 2025
Northvolt has signed a Sale and Purchase Agreement to divest its Systems Industrial division to Scania
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