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Vitesco starts production in Debrecen, Hungary
March 02, 2021
After just two years of construction, the Vitesco Technologies plant in Debrecen, Hungary, went now into operation.
Daimler and Volvo Group complete creation of fuel-cell JV
March 02, 2021
Daimler Truck AG and the Volvo Group today completed the transaction to form their previously announced fuel-cell joint venture; cellcentric.
Harman acquires 5G Edge and V2X specialist Savari
March 01, 2021
Samsung subsidiary, Harman International, is acquiring Silicon Valley-based automotive technology company, Savari, a developer of vehicle-to-everything communications (V2X) technology in 5G Edge and automotive devices.
Leoni sells WCS unit Leoni Schweiz AG
March 01, 2021
The German supplier of wires, cables and wiring systems has agreed to the sale of Leoni Schweiz AG, Switzerland to a consortium of buyers. Leoni Schweiz AG is the holding company of Leoni Studer AG, a specialist in high-quality cables and wires for complex applications in the industrial and infrastructure sectors.
Mycronic receives US order for two SLX systems
February 26, 2021
The Swedish technology company has received an order for two SLX mask writers from an unnamed, but existing customer in the USA. The total order value is between USD 8 and 12 million.
Magna’s new Michigan plant to support the EV market
February 25, 2021
Magna has broken ground on a new manufacturing facility in St. Clair, Michigan, that will build complex battery enclosures for the all-new 2022 GMC Hummer EV.
HP to acquire HyperX in a $425 million
February 25, 2021
HP Inc. has entered into a definitive agreement to acquire HyperX, the gaming division of Kingston Technology Company, for USD 425 million.
Manz receives follow-up order for battery assembly system
February 24, 2021
Automotive supplier TE Connectivity orders further equipment for automated assembly of cell contacting systems from Manz.
European NATO member places order with CeoTronics
February 24, 2021
CeoTronics AG Audio Video Data Communication says it has been awarded a contract by a European NATO member to supply systems for communicating, for example, in and on means of transport.
Microchip invests $20M in new Irish development centre
February 23, 2021
Up to 200 new engineering jobs will be created in Cork, Ireland as Microchip Technology invests USD 20 million to create a new development centre.
Continental invests in German-US AI chip start-up
February 23, 2021
Continental has acquired a minority stake in the German-US start-up Recogni, a company working on a new chip architecture for object recognition in real time based on artificial intelligence (AI).
Altix receives repeat order for multiple DI systems
February 22, 2021
French Direct Imaging systems manufacturer Altix, has received a repeat order from multiple Roll-to-Roll Direct Imaging systems from UK-based Trackwise.
Panthronics seals global partnership agreement with AdvanIDe
February 22, 2021
Panthronics AG, a fabless semiconductor company specialising in high performance wireless technology, has signed a global partnership agreement with specialist supplier of NFC, RFID and smart card components, AdvanIDe.
Logic ICs account for the largest share of China’s IC market
February 19, 2021
China became the largest IC market in the world in 2005 and has continued to grow in size since then. In 2020, the Chinese IC market increased to USD 143.4 billion, a 9% gain from USD 131.3 billion in 2019.
BAE Systems to produce GPS receivers in Iowa
February 19, 2021
BAE Systems received a USD 247 million contract to design and manufacture an advanced military M-Code GPS receiver and ASIC.
Osram invests in California-based UV LED specialist
February 19, 2021
Osram acquires around 20 percent of US company Bolb Inc. via its venture capital arm Fluxunit. With its investment in the California-based UV-C LED specialist Bolb Inc., Osram is further expanding its technological know-how of disinfection applications with UV-C light.
Northvolt to produce battery systems in Poland by 2022
February 19, 2021
The 50,000 square metre factory will be established in Gdańsk, Poland, in two stages, with an initial output of 5 GWh and an estimated start of production date in 2022.
Ventec’s German facility receives AS9100-D certification
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February 18, 2021
Ventec International Group's European facility in Kirchheimbolanden, Germany, is now certified according to AS9100 Revision D (DIN EN 9100), the quality-management standard for the aviation, space, and defense (ASD) industries.
