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Bosch to invest €74 million to expand Mexican operations
November 29, 2021
The German company announces that it plans to invest EUR 74 million to increase production at its plant in Aguascalientes, Mexico.
Jochen Hanebeck to succeed Reinhard Ploss as CEO of Infineon
November 26, 2021
The Supervisory Board of German chip giant, Infineon, has decided that Jochen Hanebeck will take over as the new Chief Executive Officer of Infineon Technologies AG on 1 April 2022.
Zimmer Group plans further expansion
November 25, 2021
Despite the difficulties on the market, German automation solution provider, Zimmer Group, continues to see strong demand. So much so that the company is looking to expand.
Midea to take Kuka off the stock exchange
November 24, 2021
Five years after taking over the Augsburg robot manufacturer Kuka, the Chinese investor Midea wants to take the German company off the stock exchange. A so-called squeeze-out process has been initiated, Kuka says.
German EMS provider expands across the Atlantic
November 23, 2021
German EMS provider SERO GmbH, announces that it has signed a purchase agreement to acquire the entire share capital of Syncron EMS LLC based in Palm Bay, Florida, USA on Friday, November 12th, 2021.
Components bottleneck drives German components distribution forward
November 16, 2021
The shortage of components continues to drive great numbers for the distribution industry. Although the summer quarter did not bring new sales records, it clearly ended with record orders.
Is this the birth of a new German memory powerhouse?
November 16, 2021
Two experts with experience from executive positions at Memphis Electronic and Qimonda, will lead a new venture – Neumonda – comprised of tree separate entities, a distributor, a manufacturer and technology focused company with a substantial IP.
Infineon closes 2021 fiscal year with record quarter
November 11, 2021
“Infineon has closed the 2021 fiscal year with an outstanding fourth quarter. We are stronger than ever and report revenue of over EUR 11 billion for a full fiscal year for the first time, with significantly higher profitability," said Dr. Reinhard Ploss, CEO of Infineon.
Starteam CML enters Russian market with a new sales office
November 11, 2021
German PCB supplier, CML Global Solutions, continues to execute its expansion plan to provide local sales and customer service in key markets. The latest step in this expansion plan is the new sales office in Moscow.
Heidelberg expands e-mobility production
November 03, 2021
German manufacturer, Heidelberg, says that it has commissioned a fourth production line for wallbox systems at its Wiesloch-Walldorf site, earlier than planned and with round-the-clock, three-shift production.
Robot sales are on the rise again
November 03, 2021
Sales of new robots grew slightly at 0.5% despite the global pandemic, with 384,000 units shipped globally in 2020, The International Federation of Robotics (IFR) reports
Hella doubles its production capacity at its site in Shanghai
November 03, 2021
The German automotive supplier announces that it has doubled its production capacity at its Shanghai location. Hella also says that it plans to increase the workforce by up to 600 employees within the next three years.
Kurtz Ersa plans for further growth
November 01, 2021
The German technology company says that its outlook for the fiscal year of 2021 remains positive and that the company expects to close the year with sales of around EUR 270 million. This means that sales revenues are already above pre-Corona levels.
indie Semi to acquire Symeo GmbH from Analog Devices
October 26, 2021
indie Semiconductor has executed a definitive agreement with Analog Devices, Inc. to purchase Symeo GmbH, ADI’s Munich-based radar division consisting of approximately 35 team members specialising in radar hardware and software development.
HANZA expands in Germany - acquires EMS provider
October 26, 2021
Swedish EMS provider HANZA is restarting is expansion in Germany, which was temporarily put on hold during the pandemic, via the acquisition of electronics manufacturer Helmut Beyers GmbH in Mönchengladbach, Germany, with approximately 150 employees.
Italian embedded specialist acquires Germany's Garz & Fricke
October 26, 2021
SECO S.p.A., a player in the field of embedded solutions, IoT and AI solutions, is acquiring Hamburg based Garz & Fricke Group.
Ventec acquires manufacturing site from Holders Technology
October 25, 2021
Ventec International Group has finalised an asset purchase agreement with Holders Technology in Europe. The transaction completes Ventec’s acquisition of a range of PCB assets owned by Holders Technology’s German & UK operating subsidiaries.
GPV's looking to expand - breaks ground on new factory
October 22, 2021
The Danish headquartered EMS provider announces that it has broken ground on a new electronics factory in Sri Lanka. Once completed in 1Q23, the factory will add a total of 11,300 square metes of production space to the company's Sri Lankan operations.
KATEK strengthens its eMobility business - invests in iOX Mobility
October 19, 2021
German electronics manufacturer KATEK SE, announces that it has acquired 10% of the shares in Pullach-based iOX Mobility GmbH as part of a capital increase. iOX Mobility is set on making eMobility on water sustainable and climate-neutral in the future.
Pricer turns to Zollner as it brings production to Europe
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October 18, 2021
Pricer, a Swedish developer of electronic shelf labels, has turned to German EMS provider Zollner in order to bring its products closer to its customers on the European market as it aims to meet an expected continued high volume demand for in-store digitalization and solutions.
