Selha Group takes over operations of Eolane Valence
June 26, 2025
Back in late May 2025, Selha Group officially took over the operations of Eolane’s Valence site following approval by the Paris Commercial Court. The acquisition marks a significant step in Selha Group's growth strategy as a key player in the French electronics industry.
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Taiwanese Radiant acquires Finland's Inkron Oy
June 26, 2025
Radiant Opto-Electronics is acquiring Finnish advanced optical materials company Inkron Oy from Japan’s Nagase Group for JPY 1.035 billion (EUR 6.12 million).
Kolb opens New Delhi office to strengthen India presence
June 26, 2025
Germany-based Kolb Cleaning Technology GmbH has officially opened a liaison office in New Delhi as part of its strategy to expand in the fast-growing Indian electronics manufacturing market.
Xanadu opens advanced photonic packaging facility in Ontario
June 25, 2025
Canadian quantum computing company Xanadu has opened a CAD 10 million advanced photonic packaging facility at its headquarters in Toronto. The new site, described as the first of its kind in Canada, aims to strengthen the country’s domestic quantum supply chain and manufacturing capabilities.
Renesas expects significant loss following Wolfspeed restructuring deal
June 25, 2025
As previously reported by Evertiq, Wolfspeed has entered into a restructuring agreement with key creditors aimed at reducing its debt load and cash interest expenses. Renesas Electronics is among the parties that have signed the Restructuring Support Agreement, a move expected to result in a substantial financial loss for the Japanese semiconductor company.
SCS relocates to new custom-built site in Switzerland
June 25, 2025
Specialty Coating Systems (SCS), formerly Comelec SA, has relocated its Swiss operations to a new custom-built facility.
Renu Electronics wins €7 million contract
June 25, 2025
Renu Electronics GmbH has secured a major contract worth EUR 7 million annually to supply electronic water metering solutions to an unnamed customer in the European market.
Cybersecurity in IoT: Mandatory from August 2025
June 24, 2025
From 1 August 2025, all new radio-connected devices entering the EU market must comply with strict cybersecurity standards. What does this mean, and how can manufacturers prepare? We explored the topic at Evertiq Expo Krakow 2025.
IPC becomes Global Electronics Association
June 24, 2025
The organization known as IPC – originally the Institute of Printed Circuits – is changing its name to the Global Electronics Association, and unveils a new study on the electronics industry.
Benchmark opens new manufacturing facility in Mexico
June 24, 2025
US-based EMS provider Benchmark has officially opened a new 321,000-square-foot production facility in Guadalajara, expanding its regional footprint in Jalisco by 50%.
Continental launches semiconductor unit, partners with GlobalFoundries
June 24, 2025
Continental's Automotive Group Sector has established a new internal unit — Advanced Electronics & Semiconductor Solutions (AESS) — to design and verify application-specific semiconductor circuits, as the company prepares for its planned spin-off into the standalone entity Aumovio.
Claus Aasholm on the ripples and tsunamis in the chip supply chain
June 23, 2025
“This tide does not lift all boats” – Aasholm warns of structural industry shifts driven by AI, geopolitics and China’s quiet semiconductor conquest.
LG Chem, Noritake co-develop paste for automotive power semiconductors
June 19, 2025
The silver paste co-developed by LG Chem and Noritake is a high-performance paste containing nano-sized silver (Ag) particles, combining LG Chem’s particle engineering technology with Noritake’s particle dispersion expertise.
Neways to support Teledyne FLIR’s defence ramp-up
June 18, 2025
Dutch EMS provider Neways has signed a frame agreement with Teledyne FLIR to support the scale-up of the US company's sensing solutions for the European defence market. Under the agreement, Neways will supply complex electronics for a range of Teledyne FLIR’s thermal imaging products used in military vehicles.
Flex CEO sees AI and healthcare as US manufacturing bright spots
June 18, 2025
The CEO of global electronics manufacturer Flex, Revathi Advaithi, sees the most optimism for US manufacturing in sectors tied to AI, data centres, and healthcare, while consumer electronics and automotive continue to face headwinds.
Sparc Foundry secures €17.2M public funding for photonic chip plant
June 18, 2025
Sparc Foundry, a Spanish startup focused on photonic semiconductors, has received a EUR 17.2 million capital injection from the Spanish Society for Technological Transformation (SETT). The funding has been approved by the Council of Ministers under the national PERTE Chip initiative and represents 43.9% of the company's capital expansion.
Nordic Semi acquires Neuton.AI
June 17, 2025
Nordic Semiconductor has acquired the intellectual property and core technology assets of Neuton.AI, a developer of fully automated TinyML solutions. The move is aimed at advancing Nordic's capabilities in edge AI, particularly in combination with the company’s nRF54 Series of ultra-low-power wireless SoCs.
Rheinmetall secures major order from North American truck maker
June 16, 2025
The order involves a mid-six-figure quantity of CWA 2000 high-voltage coolant pumps being used in the North American manufacturer’s battery-powered medium and heavy duty trucks.
Deep-tech startup Vecmocon raises $18M in Series A funding
June 16, 2025
Indian deep-tech startup Vecmocon Technologies plans to utilize the funds to expand its market presence and focus on advancing capabilities in embedded design, power electronics, IoT and data science.
Indian defence startup Sanlayan secures 21.5M in Series A funding
June 13, 2025
Based in Bengaluru, Sanlayan focuses on designing and developing advanced electronic systems such as radar, electronic warfare solutions and mission-critical avionics.
Teltonika to triple output with four new manufacturing sites in Lithuania
June 12, 2025
Lithuanian electronics manufacturer Teltonika is significantly expanding its production footprint with the construction of four new factories, aiming to triple production by the end of 2025.
Neways deepens defense ties with BAE Systems Hägglunds
June 12, 2025
Dutch electronics manufacturing services provider Neways has signed a long-term supplier agreement with BAE Systems Hägglunds, solidifying a defence-sector partnership that spans over 15 years.
SEMI Europe and SEI to advance green shift in semiconductors
June 12, 2025
SEMI Europe has signed a three-year Memorandum of Understanding (MoU) with the Stockholm Environment Institute (SEI) to collaborate on sustainability initiatives within the semiconductor industry.
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.
Eastman, Vande Bharat E-Vehicles sign MoU for lithium-ion battery tech
June 12, 2025
As part of this partnership, India’s Eastman Auto & Power will supply lithium-ion batteries worth USD 5.8 million annually to Vande Bharat E-Vehicles to power its e-rickshaws.
Visual highlights from Evertiq Expo Berlin 2025
June 11, 2025
Evertiq Expo Berlin 2025 gathered professionals from across Europe's electronics industry for a packed one-day event at the Bunsen-Saal in Adlershof. With 82 exhibiting companies and 198 visitors representing 136 different firms, the expo offered a full day of networking, insights, and innovation.
RIR expands manufacturing of 1200V SiC diodes in collaboration with PASC
June 11, 2025
Besides serving existing domestic Indian and US customers, shipping from Taiwan also provides improved access to strategic high-growth markets for SiC devices in the South East Asian region.
Orbic Electronics to build $110 million manufacturing hub on Long Island
June 11, 2025
Orbic Electronics Manufacturing has broken ground on a EUR 110 million advanced manufacturing facility in Hauppauge, Suffolk County. The project, which involves reshoring production operations from India and China, is expected to create over 1,000 high-tech and skilled jobs while retaining 66 existing positions.
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.
Scanfil strengthens US presence with majority stake in ADCO Circuits
June 11, 2025
Finnish EMS provider Scanfil is expanding its footprint in the US and entering the aerospace and defence market through the acquisition of a majority stake in ADCO Circuits Inc., an EMS provider based in the Greater Detroit area.
Mycronic’s Global Technologies acquires Surfx Technologies
June 10, 2025
Swedish high-tech company Mycronic's Global Technologies division has acquired Surfx Technologies, a US-headquartered provider of atmospheric plasma solutions used in advanced electronics manufacturing, including semiconductor processing and packaging.
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