IDI acquires majority stake in Intersoft Electronics Group
June 12, 2025
French private equity firm IDI has acquired a majority stake in Belgium-based Intersoft Electronics Group. The deal, structured as a secondary leveraged buyout, was conducted in close cooperation with the company’s existing management team.
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Fujitsu sells power modules business to India’s L&T for $13.8 M
June 11, 2025
The business will be bought by L&T’s semiconductor arm. Separately, Kaynes Semicon (KS) will acquire the production facilities related to the power modules business from Fujitsu.
Scania looks to save Northvolt's R&D facility
June 11, 2025
Following the bankruptcy of Northvolt, intense efforts have been underway to rescue parts of the business. On 22 May, bankruptcy administrator Mikael Kubu confirmed that there were interested parties and that negotiations were ongoing concerning various operations within the group — each at different stages of progress.
Top 10 foundries face tariffs and subsidies, 1Q revenue declines
June 11, 2025
The global foundry industry recorded USD 36.4 billion in revenue for Q1 2025, representing a 5.4% quarter-on-quarter decline, according to TrendForce. The revenue drop was softened by last-minute rush orders ahead of the US reciprocal tariff exemption deadline and continued demand driven by China’s 2024 consumer subsidy program.
ERS electronic opens demonstration centre in Taiwan
June 10, 2025
ERS electronic GmbH has opened a new demonstration centre in Zhubei, Taiwan, aimed at supporting the rising demand for panel-level packaging (PLP) in the region.
Qualcomm to acquire Alphawave Semi in $2.4 billion deal
June 10, 2025
Qualcomm Incorporated has signed a definitive agreement to acquire UK-based Alphawave IP Group plc (Alphawave Semi) in a transaction valued at approximately USD 2.4 billion. The acquisition, executed through Qualcomm’s indirect subsidiary Aqua Acquisition Sub LLC, marks a strategic move aimed at accelerating Qualcomm’s expansion into data centre markets.
International consortium rolls out EV battery swapping initiative in Tokyo
June 10, 2025
Japanese shipping and logistics group Yamato will be the initiative’s first major customer and focus on last mile applications. US company Ample will provide battery swapping tech for the participating EV platforms.
India approves Micron’s $1.5 billion Gujarat SEZ proposal
June 10, 2025
US semiconductor company Micron Technology will set up its SEZ facility in Sanand, Gujarat, while Indian diversified contract manufacturer Aequs will set up its SEZ in Dharwad, Karnataka.
Europe's PCB landscape: 2024’s top 30 manufacturers revealed
June 05, 2025
Evertiq has previously reported on the long-term decline of the European PCB industry. Back in the 1990s, the EU accounted for around 20–30% of global production. Today, that figure stands at just 2%. But who are the champions still holding strong in the storm?
China’s GigaDevice opens global headquarters in Singapore
June 05, 2025
This strategic move marks a major milestone in GigaDevice’s international growth journey, underscoring its commitment to closer customer engagement, building a resilient and agile supply chain, and strengthening its ecosystem and brand presence across key global markets.
NCAB closes acquisition of B&B Leiterplattenservice in Germany
June 04, 2025
In April earlier this year, NCAB announced that it had signed an agreement to acquire 100% of B&B Leiterplattenservice GmbH (B&B) headquartered in Mittweida, Germany – the acquisition is now closed, and the company now is part of the NCAB Group.
Why PCB raw materials matter: performance, reliability, and cost
June 04, 2025
ICAPE offers an overview of the key factors in PCB raw material selection and the considerations that guide their use.
Connect expands global footprint with new US manufacturing plant
June 04, 2025
Connect Group USA will specialize in assembly and module building and after-sales services, supported by core functions in sales, test development, production center operations, and a customer focus center.
Air Liquide’s gas supply deal with VSMC to boost Singapore’s chip industry
June 03, 2025
Strategically located within the Tampines Wafer Fab Park, one of Singapore’s four key wafer fabrication hubs, the new facility will bolster Singapore’s position as a global semiconductor powerhouse.
Microsoft to invest $400 million in Switzerland on AI, cloud computing
June 03, 2025
Microsoft’s commitment includes expanding its cloud and AI infrastructure, empowering Switzerland’s startup and SME ecosystem, developing AI skills and digital competencies, and strengthening Switzerland’s role as a global hub for responsible AI governance.
Meyer Burger closes Arizona solar plant, cuts 282 jobs
May 30, 2025
Swiss solar panel maker Meyer Burger said it was in talks with a group of bondholders about restructuring, but the future of the Goodyear, Arizona site was uncertain.
Jupiter partners with Pickkup to bolster EV adoption in India
May 30, 2025
The partnership aims to deploy 300 units of JEM TEZ, JEM’s electric light commercial vehicle, in Pickkup’s growing EV fleet by the end of this year.
Dirk Stans on strengthening Europe’s electronics industry
May 30, 2025
Over the past few months, Dirk Stans, Managing Partner at Eurocircuits, has been a vocal advocate for strengthening Europe’s electronics industry. In a series of articles, published by Evertiq, he has addressed critical structural challenges – and proposed pragmatic, actionable reforms. At Evertiq Expo Berlin on June 5, he will bring these ideas together in a comprehensive presentation.
Hungary again top European destination for Chinese FDI
May 30, 2025
Hungary received 31% of all Chinese FDI targeting EU and UK in 2024. Investment in EV manufacturing played a central role, with Hungary alone receiving 62% of all Chinese EV-related FDI, up from 57% the previous year.
Horiba to set up new production base in Malaysia
May 29, 2025
The Horiba Group is set to significantly expand its operations in Malaysia with plans to establish its first manufacturing facility in the state of Kedah.
India launches quantum research hub to strengthen defence capabilities
May 29, 2025
The Quantum Technology Research Centre (QTRC), launched by the Defence Research and Development Organisation (DRDO), is equipped with state-of-the-art experimental set-ups designed to propel R&D in critical quantum domains.
VECV partners with Statiq to boost EV adoption in India
May 29, 2025
Statiq will extend access to its expanding network of over 8,000 charging points from leading CPOs on its aggregated platform across India, making charging simpler, faster and more efficient for Eicher customers.
Europe’s top 20 defence companies: Who leads the arms race?
May 28, 2025
The global defence industry never sleeps. Geopolitical tensions – from Russia’s invasion of Ukraine and conflict in the Middle East to the arms build-up in East Asia – are fuelling record-breaking investments in military technology and production.
Northvolt to cease production by end of June
May 28, 2025
The bankruptcy estate of Northvolt has announced that battery cell production at the company’s Skellefteå facility will be gradually phased out, with the aim of ceasing operations entirely by June 30. The decision comes as efforts to find a buyer for Northvolt Ett AB's production remain unresolved.
AT&S to open Europe's first advanced IC substrate facility in June
May 28, 2025
AT&S is preparing to open a new high-tech production facility for advanced IC substrates and packaging technologies in Leoben, Austria. Set to officially launch in June 2025, the site will be the first of its kind in Europe and is expected to play a key role in strengthening Europe's microelectronics supply chain.
Born in Finland, Made in USA: Premix opens North Carolina plant
May 28, 2025
Premix Group, a Finnish manufacturer of conductive polymer compounds, has launched its first US production facility in Dallas, North Carolina. Backed by USD 79 million in federal funding, the plant aims to strengthen domestic supply chains for critical diagnostics and high-performance applications.
Swedish giants to build AI factory with Nvidia
May 28, 2025
A group of leading Swedish companies – AstraZeneca, Ericsson, Saab and SEB – together with Wallenberg Investments and Nvidia, plans to build Sweden’s largest AI supercomputer. The new system will be based on Nvidia’s latest generation of accelerated computing and operated by a jointly owned company to provide sovereign, secure access to AI compute capacity.
SK On discovers method to enhance lifespan of solid-state batteries
May 28, 2025
The study, published in ACS Energy Letters, introduces a method for forming a protective layer on the lithium metal anode surface to enhance battery safety and extend its lifespan.
ST expands "Lab-in-Fab" initiative in Singapore
May 27, 2025
STMicroelectronics says that it is partnering with the A*STAR Institute of Microelectronics (A*STAR IME) and ULVAC, to expand its “Lab-in-Fab” (LiF) in Singapore. The focus of the collaboration is to advance piezoelectric MEMS for applications in personal electronics, medical devices, and other applications.
Neways opens new manufacturing facility in Malaysia
May 22, 2025
Dutch EMS provider Neways Electronics has inaugurated a new manufacturing facility in Selangor, Malaysia, marking the company’s first production site in Southeast Asia.
Trumpf opens new US smart factory
May 22, 2025
Global technology company Trumpf has officially opened its new Smart Factory, expanding local production of machine tools in Farmington, Connecticut, the headquarters of its North American subsidiary, Trumpf Inc.
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