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GM and POSCO plans factory to process battery materials
December 03, 2021
General Motors and POSCO Chemical plans to form a joint venture through which the parties will build a factory in North America to process critical battery materials for GM’s Ultium electric vehicle platform.
Foundry revenue rises by 12% QoQ for 3Q21, says TrendForce
December 03, 2021
Although the demand for end products related to the stay-at-home economy slowed down as many countries saw rising vaccination rates and were partially lifting social distancing restrictions, the decline in foundry orders from this source was more than offset by the traditional peak season for smartphones, according to TrendForce’s latest investigations.
Nexperia uses Aixtron equipment as it enters the SiC market
December 03, 2021
Semiconductor manufacturer Nexperia, is using Aixtron's production technology to enter the high performance SiC device market.
Soitec acquires NovaSiC, strengthens SiC wafer technology
December 02, 2021
Soitec, a designer and manufacturer of semiconductor materials, acquires NovaSiC, a technology company specialized in polishing and reclaiming wafers on silicon carbide, to accelerate the company’s technology development and strengthen its positioning on the automotive and industrial markets.
Volta Trucks announces partnership with DB Schenker
December 01, 2021
DB Schenker and Volta Trucks have confirmed a partnership and pre-order of nearly 1'500 full-electric Volta Zero vehicles to accelerate the transition to an all-electric urban vehicle fleet.
LeeMAH Electronics selects Juki’s G-Titan screen printer
December 01, 2021
Juki Automation Systems, a subsidiary of Juki Corporation, says that EMS provider LeeMAH Electronics has purchased a new G-Titan Screen Printer with auto dispensing.
Evertiq’s industry pulse report – KATEK
December 01, 2021
German EMS provider KATEK has delivered solid performances throughout 2021. However, that doesn’t mean that the company wasn’t affected by the pandemic and the semiconductor shortage. As for other companies, there has been challenges; but a clear focus on staying "agile and robust" helped KATEK to stay on top.
Songwon to expand its semiconductor chemicals production
November 30, 2021
South Korean chemicals company Songwon Industrial, has announced that it is investing to expand its chemical production capacity for semiconductors.
Farasis Energy starts joint venture with TOGG
November 30, 2021
Battery company Farasis Energy and mobility provider, TOGG, have sealed a joint venture deal to develop and produce energy storage solutions for e-mobility and beyond. Both parties have a 50% stake in the SIRO joint venture.
JAPCC joins ICAPE and becomes ICAPE Netherlands
November 30, 2021
The French PCB andCustom made Technical part supplier continues to expand and increase its presence globally, this time in the Netherlands ICAPE acquires JAPCC.
Smartphone production see modest 5.7% QoQ increase in 3Q21
November 30, 2021
The smartphone market is showing an improvement in demand during the second half of this year due to the peak season for e-commerce promotional activities and the easing of COVID-19 outbreaks in regions such as Southeast Asia, according to TrendForce’s latest investigations.
Mercury Systems acquires RF module manufacturer
November 30, 2021
Mercury Systems announces that the company has acquired Norcross, Georgia based RF module manufacturer, Atlanta Micro.
Intel’s EU investment: Details to be expected soon
November 29, 2021
Earlier this year US chip manufacturer Intel launched a USD 20 billion expansion plan which would see the construction of two new chip plants in Arizona – as well as an expansion in Europe.
Exeger to build a second solar cell factory in Sweden
November 29, 2021
Swedish solar cell producer, Exeger, announces that the company will expand with a new industrial-scale factory, located in the Kista area of Stockholm, Sweden.
The US adds 27 companies to the “Entity List”
November 29, 2021
The US Commerce Department’s Bureau of Industry and Security (BIS) has added 27 foreign entities and individuals to the Entity List for “engaging in activities that are contrary to the national security or foreign policy interests of the United States.”
Manufacturing trends to watch in 2022
November 29, 2021
If the past year has taught us anything, it’s that unpredictability is part of the ‘new normal’ for the manufacturing industry. But what's to come as we enter 2022?
Bosch to invest €74 million to expand Mexican operations
November 29, 2021
The German company announces that it plans to invest EUR 74 million to increase production at its plant in Aguascalientes, Mexico.
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Indonesia's export restrictions on nickel likely to impact EV battery market
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November 26, 2021
As the global automotive industry picks up the pace of electrification, there will be a corresponding increase in the demand for nickel, which is a key ingredient for automotive batteries, according to TrendForce’s latest investigations.
