Power outage in Dresden affects Bosch und Infineon
September 16, 2021Production is running again at all three major chip manufacturers in Dresden (Germany).
Jenoptik to double on-site production capacity in Dresden
September 16, 2021The Jenoptik Group intends to build a new production building with office complex in Dresden (Germany). In total, the photonics group is planning to invest around EUR 70 million in a cleanroom facility for micro-optics and sensors for semiconductor equipment.
Passive components see increasing lead times
September 16, 2021Capacitor, resistor and inductor markets all showed signs of increased demand in August 2021, with lead times for all three product lines reaching new heights.
LPKF receives another order from the solar industry
September 16, 2021After LPKF Laser & Electronics AG received a major order from a global solar module manufacturer in July 2021, LPKF now reports another order with a volume of almost EUR 10 million. The new order is expected to generate revenue in 2022/2023.
Dutch startup Axelera AI launches with USD 12M Seed Round
September 16, 2021AI semiconductor startup Axelera AI has successfully closed a seed investment round of USD 12 million. The round was led by emerging technologies leader Bitfury and joined by global nanoelectronics R&D center imec and deep-tech venture capital funds Innovation Industries and imec.xpand.
NEC Energy Solutions becomes part of LG Energy Solution
September 15, 2021NEC Corporation has transferred all shares in NEC Energy Solutions, Inc., a consolidated subsidiary, to LG Energy Solution, Ltd.
Apparent oversupply of TV panels to be addressed with capacity adjustments
September 15, 2021Thanks to their continued capacity expansion and M&A efforts, Chinese panel manufacturers accounted for nearly 60% of the global supply of TV panels in 1H21, according to TrendForce.
Valmet opens battery factory in Finland
September 15, 2021Valmet Automotive has officially opened its battery facility in Uusikaupunki, Finland. It represents a significant investment by Valmet Automotive in the EV systems business with EUR 120 million and it will create hundreds of new jobs.
Björn Lifvergren leaves his role as Inission's CEO
September 14, 2021The Board of Inission AB and Björn Lifvergren have jointly agreed that Björn will leave his role as Inission's CEO, a role he has deservedly held since April 2017. The Board has initiated a recruitment process to find a new CEO.
GaN Systems signs agreement with BMW Group
September 14, 2021GaN Systems has signed a capacity agreement with BMW Group. Under the terms of the agreement, GaN Systems is to provide capacity for multiple applications in series production.
Semcorp opens production in Hungary
September 14, 2021Construction of the Semcorp Group's first production unit outside China has begun; the company is building a facility that will produce lithium-ion battery separator films (LiBSF) in Debrecen (Hungary).
Volkswagen adds jobs in Germany
September 14, 2021Volkswagen Group Components opened a new laboratory for cell research and development in Europe in Salzgitter (Germany). From 2025 onwards, the Volkswagen unified cell is scheduled to roll off the production line in Salzgitter.
Memory suppliers, Sony, and TSMC benefit from strong demand and supply shortages
September 13, 2021For the third quarter of this year (ending in September), sales growth outlooks for the top-25 suppliers range from 16th-ranked Sony’s 34% increase at the high end, to Intel’s 3% decline on the low end.
EDAG China opens test centre in Shanghai
September 13, 2021EDAG China – subsidiary of the EDAG Group – opens a new test centre at its Shanghai site (NanGu Road Minhang District) to expand its range of services for the Asian market.
Leoni's new Serbian plant to provide up to 5,000 jobs by 2023
September 13, 2021Leoni has officially opened its fourth plant in Serbia, in the city of Kraljevo. The site is not only the biggest Leoni plant in Serbia, it also employs the largest number of people at full capacity (up to 5,000 by the end of 2023).
Ford and SK Innovation looking at Eastern Europe for new facility
September 13, 2021SK Innovation and Ford are rumoured to set up a joint venture in Europe with possible locations in Hungary, Romania and Poland.
GaN power devices market to growth at 78% CAGR through 2025
September 13, 2021Demand for elecom base stations, converters, and charging stations has seen considerable growth this year as a result of ongoing developments in 5G telecommunication, consumer electronics, industrial energy conversion, and new energy vehicles (NEV), according to TrendForce.
Lam Research expands in OregonLoad more news
September 13, 2021Lam Research plans to expand its manufacturing footprint in Oregon with a new 45,000 square foot facility in the city of Sherwood, planned to open in December 2021. The new facility is Lam’s fifth manufacturing site in the United States.