Germany greenlights €1B in support for Infineon's massive Dresden fab
May 08, 2025
Infineon Technologies has secured final approval from the German Federal Ministry for Economic Affairs for public funding to support its EUR 5 billion investment in a new semiconductor manufacturing fab in Dresden (Smart Power Fab).
Ad
GPV reports 5% drop in Q1 revenue – optimises its footprint
May 07, 2025
Denmark-based EMS provider GPV has had a satisfactory start to 2025. The electronics manufacturer generated sales of DKK 2.2 billion (EUR 294.8 million) in the first quarter of 2025, against DKK 2.3 billion (EUR 308.2 million) in the same period last year, a YoY decrease of 5%, in line with expectations.
Novo Energy to cut workforce by 50% following Northvolt collapse
May 05, 2025
Novo Energy says that it will reduce its workforce by approximately 50% and implement a broader reorganisation of its operations in response to the bankruptcy of Northvolt, its former technology partner.
Forge Nano’s battery and chip ambitions get $40M boost
May 02, 2025
Forge Nano’s total capital investment now exceeds USD 140 million, adding RockCreek to a shareholder roster that includes GM Ventures, Volkswagen, LG Technology Ventures, Hanwha, Mitsui Kinzoku, Sumitomo Corporation of Americas, Air Liquide, Catalus Capital and SBI Investment
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).
Stellantis, Factorial advance solid-state battery tech
April 28, 2025
US firm Factorial Energy’s validated 77Ah FEST cells demonstrated an energy density of 375Wh/kg with over 600 cycles progressing towards automotive qualification, a milestone for large-format lithium-metal solid-state battery.
Hindalco delivers 10,000 aluminium battery enclosures for Mahindra e-SUVS
April 28, 2025
Indian aluminium company Hindalco also unveiled its EV component manufacturing facility in Maharashtra, built with a capital investment of USD 57 million and spread across 5 acres.
“We’re in the last minutes to rebuild PCB manufacturing in Europe”
April 24, 2025
Confidee, a PCB compliance and supply partner focused on high-reliability and defence sectors, experienced a strong 2024 despite a declining market. Speaking at the Evertiq Expo in Tampere, Terho Koivisto of Confidee reflected on the year as one of growth and opportunity for the company.
Taiwan passes law to boost tax credits for AI investments
April 23, 2025
The boost in tax credits for businesses investing in artificial intelligence (AI) aims to solidify the island’s position as an AI innovator in Asia.
ST's response to the global race for AI
April 17, 2025
In recent years, the electronics industry has been marked by tension caused by economic, defence, and technological turmoil. Many countries and companies view artificial intelligence as both a major opportunity and a potential game changer in the ongoing race. The challenges surrounding AI were a key focus at the recent Evertiq Expo in Sophia Antipolis — a topic that drew strong interest, as reflected in the high attendance at the presentation by Edwin Hilkens of STMicroelectronics.
Pasi Pylväs: “The Chips Act isn’t the complete solution”
April 17, 2025
At this year’s Evertiq Expo Tampere, Pasi Pylväs – director of the Finnish Chips Competence Center – gave a presentation covering the current state of European chip manufacturing, what The EU Chips Act gets right, and what still needs to be done in order to secure the industry’s future.
Czech semiconductor centre launches in Brno
April 16, 2025
Another step toward Europe's semiconductor independence has been taken with the launch of the Czech Semiconductor Centre (CSC) in Brno. The centre will focus on supporting innovation, prototyping, and the growth of European fabless companies.
New tariffs on semiconductors are on the way, warns Trump
April 14, 2025
US Commerce secretary Howard Lutnick said President Donald Trump would impose “a special focus-type of tariff” on smartphones, computers and other electronics products within a month or two.
‘Time to act is now’: EU’s €20 billion AI push to catch up with US and China
April 11, 2025
As part of the Action Plan, the European Commission has pledged to create five AI gigafactories, which will be large-scale facilities equipped with approximately 100,000 state-of-the-art AI chips.
ST to cut up to 2,800 jobs in major manufacturing overhaul
April 10, 2025
Semiconductor manufacturer STMicroelectronics will see up to 2,800 employees leave the company globally over the next three years as part of an overhaul of its manufacturing operations and cost structure.
Magnachip to exit display business – shifts focus to power semiconductors
April 10, 2025
Magnachip Semiconductor says that it will shut down its Display business by the end of the second quarter of 2025, transitioning into a pure-play power semiconductor company focused on Power IC and Power discrete solutions.
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.
Siemens to set up $105 million battery R&D hub in Canada
April 07, 2025
The new R&D center will focus on developing cutting-edge AI manufacturing technologies with an initial emphasis on battery and electric vehicle (EV) production.
Kulicke & Soffa to shut down electronics assembly equipment business
April 02, 2025
Kulicke & Soffa’s board of directors has approved a strategic plan to cease operations of its electronics assembly equipment business. The decision aims to refocus the company on core semiconductor assembly business opportunities and improve long-term financial performance, according to a regulatory filing.
Retain public funds within the EU economy
April 01, 2025
In his previous guest article, Dirk Stans, Managing Partner at Eurocircuits, outlined three key actions needed to strengthen Europe’s electronics industry. Now, in this follow-up, he delves deeper into the first priority: ensuring that public funds remain within the EU economy
Evertiq Expo Tampere sets new visitor record for 2025
March 31, 2025
The Evertiq Expo in Tampere on March 27, 2025, proved to be a resounding success, setting a new visitor record as industry professionals from across the electronics sector gathered for a day devoted to the Finnish electronics industry.
Siemens Cre8Ventures partners with Minima to enhance IoT security
March 31, 2025
Minima enhances digital twin security and verification processes by authenticating digital twin models, securing V2X & IoT communication and enabling trust in supply chain data.
Mazda, ROHM use next-gen chips for automotive components
March 28, 2025
The two Japanese firms have started developing automotive components using gallium nitride (GaN) power semiconductors, which reduce power conversion losses and contribute to the miniaturization of components.
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.
The electronics market in Europe – what needs to happen?
March 20, 2025
The EU Chips Act was introduced in several phases to the wider public from 2021 onwards and, following approval by the European Parliament and the Council, the regulation came into force on 21 September 2023.
Semiconductor startup ChipFlow relocates to Spain
March 20, 2025
ChipFlow, a UK startup developing an open-source semiconductor chip design platform (PaaS), plans to relocate to Spain. With the move, the company aims to unlock new opportunities for growth, talent development, funding and collaboration.
Coreshell receives $24 million in funding to scale up low-cost silicon EV batteries
March 20, 2025
U.S. battery technology company Coreshell has announced that it has successfully raised $24 million in private investment to scale its production of low-cost silicon EV batteries.
Fabs on hold, jobs on the line – welcome to 2025
March 18, 2025
The first quarter of 2025 has been marked by turbulence in the electronics and semiconductor industry, with waves of layoffs, stalled investments, and shifting trade policies reshaping the landscape. The year began with cautious optimism, but that optimism has quickly faded.
Evertiq Expo Tampere 2025: from chips strategies to cybersecurity
March 17, 2025
Evertiq Expo Tampere is gearing up for its return to Tampere Hall on March 27, 2025, bringing together key players from the electronics industry for a full day of networking, knowledge sharing, and business development.
New job cuts as Wolfspeed pushes for positive cash flow
March 12, 2025
In late January, Wolfspeed outlined a series of strategic initiatives aimed at improving financial performance and securing long-term growth. The plan focuses on three key areas: accelerating the path to positive free cash flow, strengthening the balance sheet, and raising cost-effective capital.
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.
Load more news