SEALSQ and IC’ALPS team up to enhance automotive ASIC safety
April 14, 2025
Through this partnership, SEALSQ’s post-quantum secure technology will be integrated into IC’ALPS’ automotive ASIC designs, providing robust cryptographic resistance against quantum-era threats.
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German sulfur battery firm theion raises $16M in Series A funding
April 11, 2025
Sulfur batteries tend to corrode quickly and end up expanding and destroying battery packs. theion says it uses crystalline sulfur to tackle these problems.
Flex opens NPI centre serving healthcare customers in North America
April 09, 2025
EMS provider Flex has opened its new product introduction (NPI) centre near Boston, Massachusetts, serving healthcare customers.
Boreo acquires Elfa Distrelec sales activities in Finland and the Baltics
April 09, 2025
Boreo has signed an agreement to acquire the sales activities of Elfa Distrelec in Finland, Latvia, Estonia and Lithuania from RS Group.
Nanotech startup Vimano raises $2.7 million in seed round
April 09, 2025
The funding is expected to support the Bangalore-based startup’s aim to create membranes that can lower costs and enhance the performance of clean energy systems.
CalligoTech raises $1.1 million in pre-series A round
April 08, 2025
The funds will be used by the Indian startup for R&D expenses for developing the ver2.0 Silicon chip and platform. CalligoTech is also planning to boost its engineering talent and tech capabilities.
EVident secures $3.2M to enhance EV battery pack inspection tech
April 07, 2025
The round was led by Ibex Investors with participation from Nationwide Ventures, Automotive Ventures, Avesta Fund and notable angels in the EV space – adding to an existing roster of automotive and battery expert advisors.
Indian solar startup Aerem secures $11M in Series A funding
April 07, 2025
The round was led by Japan-based venture firm UTEC with participation from British International Investment, SE Ventures, and Riverwalk Holdings. Aerem’s existing investors Blume Ventures and Avaana Capital also participated.
Indian defence tech startup Tonbo raises $20 million
April 04, 2025
The investment will boost the development of next-gen infrared sensors, deployment of high-power microwave tech, and working capital support for Tonbo Imaging’s global expansion ongoing programs.
Trump imposes reciprocal tariffs to counter ‘trade imbalances’
April 03, 2025
US President Donald Trump has declared a national emergency to counter economic threats posed by foreign trade practices, citing concerns over trade deficits and national security. The order imposes responsive tariffs aimed at strengthening the international economic position of the US.
LG Display’s Guangzhou LCD plant officially transferred to CSOT
April 03, 2025
LG Display’s Guangzhou Gen 8.5 LCD line has officially transferred to CSOT and been renamed “T11”. CSOT will now own two Gen 6, four Gen 8.5, one Gen 8.6, and two Gen 10.5 LCD production lines with this acquisition.
DeCharge secures $2.5 million to expand EV charging network
April 02, 2025
Indian startup DeCharge is expanding EV charging infrastructure with a network of DC fast chargers and DeCharge Beast chargers, designed to provide high-speed, accessible and intelligent charging solutions.
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
OpenAI raises record $40 billion in SoftBank-led round
April 01, 2025
SoftBank said it would fund OpenAI with USD 10 billion in mid-April and another USD 30 billion in December, subject to the AI firm transitioning to for-profit by the end of the year.
Håkan Samuelsson takes the wheel as Volvo Cars CEO
April 01, 2025
The Board of Directors of Volvo Cars has appointed Håkan Samuelsson as CEO and President, marking his return to the company’s top position. He takes over from Jim Rowan, who has served as CEO since 2022
Compound semiconductor materials market to cross $91B by 2035
March 31, 2025
EVs are emerging as a critical application area in the compound semiconductor industry, as many EV makers are resorting to MOSFETs or SiC Schottky barrier diodes (SBD) in DC-DC converters.
Inlyte, HORIEN partner to scale up iron-sodium battery production
March 28, 2025
A key outcome of the collaboration is Inlyte Factory 1, scheduled to come online by 2027, which will mirror HORIEN’s existing operations while incorporating Inlyte’s next-gen cell design and cost innovations.
Breaking down the Nordic EMS market – a top 10 list
March 27, 2025
The Nordic EMS industry is thriving, with over 74 companies in Sweden, 39 in Finland, 28 in Denmark, and 17 in Norway competing for market share. As the industry experiences continued growth, fuelled by continuous innovation and a changing technology landscape, the top players are cementing their dominance.
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.
LG Energy secures ESS supply deal with Poland’s PGE
March 26, 2025
The two companies will collaborate to establish a battery energy storage facility in Żarnowiec, Poland. State-owned energy firm PGE plans to start the project’s commercial operation in 2027.
Quantum computing startup PsiQuantum ‘is raising $750M’
March 25, 2025
PsiQuantum uses existing photonics technology at a facility run by GlobalFoundries in New York. In February, PsiQuantum said it had figured out how to manufacture quantum chips in large quantities.
AI-driven weeding startup Harvested Robotics secures $580K
March 24, 2025
The Indian company’s AI-powered laser weeder reportedly attaches to tractors, using cameras and AI models to detect weeds and robotic actuators to eliminate them with high-power lasers.
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Quest Global acquires Alpha-Numero Technology Solutions
March 19, 2025
Quest Global has acquired Alpha-Numero Technology Solutions, a US-based VLSI design company with expertise in FPGA.
Gradiant secures 2nd semiconductor water treatment project in Dresden
March 14, 2025
The Boston-headquartered water and wastewater treatment company Gradiant also announced the full integration of H+E into the Gradiant brand.
Mike Doogue takes the helm as President and CEO of Allegro
March 13, 2025
Allegro MicroSystems has named Mike Doogue as President and Chief Executive Officer and as a member of the Board.
Rick Madormo to lead Allegro’s global sales
March 13, 2025
Allegro MicroSystems has appointed Rick Madormo as Senior Vice President of Worldwide Sales, effective March 24, 2025.
Intel appoints former board member Lip-Bu Tan as CEO
March 13, 2025
Tan, a chip industry veteran, replaces interim co-CEOs David Zinsner and MJ Holthaus, who took temporary charge in December when Patrick Gelsinger was ousted as Intel CEO.
After Northvolt's collapse: national action needed to protect production
March 12, 2025
The news of battery manufacturer Northvolt’s bankruptcy hit Sweden hard, but maybe hardest of all it hit the northern city of Skellefteå – the city where its Gigafactory is located.
Indian energy startup AmpereHour raises $5 million
March 12, 2025
The Mumbai-based energy storage firm intends to use the funds to expand manufacturing and software capabilities, enhance R&D and boost product development, according to a report by the Economic Times.
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.
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