OSI Systems receives $15 million order from medtech company
March 21, 2024
OSI Systems' Optoelectronics and Manufacturing division has received an order for approximately USD 15 million to provide critical electronic sub-assemblies for an unnamed healthcare OEM, known for "innovative and specialized medical solutions".
A new phase for electric vehicles – survival of the fittest
March 21, 2024
In 2024, automakers will continue to wrestle with shifts caused by software and electrification’s increasing roles creating a new phase for electric vehicles (EVs), says to Gartner.
IMI and Lithos Energy enter manufacturing collaboration
March 07, 2024
Filipino EMS provider Integrated Micro-Electronics, Inc. (IMI) and Lithos Energy, Inc., a manufacturer of high-performance lithium-ion battery systems based in California, USA have forged a partnership to build electronics systems for their family of battery products in the Philippines.
Nexteer beaks ground on Mexican expansion
March 07, 2024
Nexteer Automotive has broken ground on its new Mexico Technical Center (MXTC), which will expand the company’s local engineering capabilities to improve responsiveness, efficiency and quality for OEM customers in Mexico.
Harman extends partnership with Scuderia Ferrari
March 06, 2024
Updated: Automotive electronics technology company Harman will continue as an Official partner of Scuderia Ferrari for a second Formula One season. However, the on-track marketing partnership extends to technology on the road.
Intel acquires Silicon Mobility
January 10, 2024
Intel plans to drive the company’s AI everywhere strategy into the automotive market, including a deal to acquire Silicon Mobility, a fabless silicon and software company that specialises in SoCs for intelligent electric vehicle (EV) energy management.
Top 10 IC design houses to see 17.8% increase in quarterly revenue in 3Q23
January 04, 2024
TrendForce reports that 3Q23 has been a historic quarter for the world’s leading IC design houses as total revenue soared 17.8% to reach a record-breaking USD 44.7 billion.
Global semiconductor equipment sales to hit $124B in 2025
December 12, 2023
Global sales of total semiconductor manufacturing equipment by OEMs are forecast to reach USD 100 billion in 2023, a contraction of 6.1% from the industry record of USD 107.4 billion posted in 2022, SEMI reports.
TT receives FDA registration for Asia manufacturing facility
December 12, 2023
Electronics manufacturer TT Electronics says that one of its Dongguan, China electronics manufacturing site has received approval from the Food and Drug Administration (FDA), to manufacture Class IIa devices on behalf of global medical OEM customers.
OSI Systems secures $5 million order
December 08, 2023
OSI Systems' says that its Optoelectronics and Manufacturing division has received orders totalling approximately USD 5 million to provide electronic assemblies to an unnamed technology OEM.
Avnet opens technology campus in southern Germany
November 13, 2023
Distributor Avnet has opened its new technology campus located 12 miles south of Freiburg in Eschbach, Germany.
The memory rollercoaster ride
November 08, 2023
The semiconductor industry and especially the semiconductor memory business is not for the faint of heart. The volatility that you regularly see in this market is unmatched by any other industry.
Global SSD shipments down 10.7% YoY in 2022
November 07, 2023
TrendForce has issued its latest findings, indicating that the global SSD market has rectified its supply and demand dynamics in 2022, following a resolution in the shortage of master control ICs that had hampered the market in 2021.
NXP invests in software startup Zendar
November 02, 2023
NXP says that it is investing in software startup Zendar Inc. and launching a collaboration with the aim to accelerate and improve high-resolution radar solutions for autonomous driving (AD) and advanced driver assistance systems (ADAS).
Inflation impacts demand, 2022 DRAM module makers' revenues fall
October 24, 2023
According to TrendForce, high inflation has reduced consumer demand for electronics, with worldwide DRAM module sales expected to reach USD 17.3 billion in 2022—a 4.6% YoY drop. Because each module producer supplies a distinct domain, their revenue performance differed greatly.
GP Elektronik upgrades its machine park
October 19, 2023
Danish capital equipment supplier Cynergy has been chosen as the vendor of a new combined High Mix /High-speed placement line to meet GP Elektronik’s requirement to answer demands for capacity and flexibility – all in the same package.
WISeKey inks distribution deal with Holy Stone
October 04, 2023
WISeKey a company focused on cybersecurity, digital identity, and IoT solutions, says that its Semiconductors & PKI subsidiary SEALSQ Corp. has signed a distribution agreement with Taiwanese semiconductor distributor Holy Stone.
Knowles to acquire Cornell Dubilier
September 26, 2023
Knowles Corporation is taking strategic actions to accelerate its transformation to an industrial technology company focused on higher growth and higher value opportunities. Thus, the company has entered into a definitive agreement to acquire Cornell Dubilier,
indie Semiconductor acquires Exalos AG
September 19, 2023
Autotech solutions provider, indie Semiconductor, has entered into a definitive agreement and completed the acquisition of Exalos AG, a privately held Swiss photonics company.
indie Semiconductor expands operations in Germany
September 04, 2023
indie Semiconductor, an Autotech solutions innovator, has expanded its operations to include a quality lab facility at its engineering center of excellence in Dresden, Germany.
LG Magna expands with new facility in Hungary
September 04, 2023
LG Magna e-Powertrain, the JV between LG and Magna, is expanding its footprint with a new facility in Miskolc, Hungary.
StenTech acquires stencil manufacturer Photo Etch Technology
August 28, 2023
StenTech, a provider of SMT stencils, pallets, tooling and related components, has acquired Photo Etch Technology.
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Boundless freedom for edge servers
The integration of Intel Xeon D processors on COM-HPC Server-on-Modules allows edge server installations to break free from the tight thermal constraints of air-conditioned server rooms. For the first time, they can now be installed anywhere where massive data throughput with lowest possible latencies is required – all the way to deterministic real time.
Global smartphone shipments continue to decline YoY for eighth consecutive quarter
August 17, 2023
Smartphone shipments totaled 265.9 million units in 2Q23 according to the latest Omdia smartphone preliminary shipment report.
Global server shipments for 2024 projected to undergo constrained growth
August 15, 2023
The global server market, grappling with the impact of worldwide inflation, saw significant shifts in 2023. Server OEMs and CSPs revamped their investment strategies, resulting in cutbacks in both annual shipments and ODM production plans.
USound secures $10m to boost its MEMS speaker production
August 04, 2023
Austrian-based USound has closed a USD 10 million investment round to help expand production of its MEMS speakers, audio modules and amplifiers.
Pioneer India to set up in-car electronics R&D labs
July 20, 2023
Japanese electronics brand Pioneer will establish two Indian R&D centres to develop tech for car audio/visual and navigation. The labs, the first outside of Japan, will be in Gurugram and Bengaluru.
Neo Magnequench starts construction of Europe's first rare earth magnet manufacturing facility
July 10, 2023
Neo Magnequench, a division of Neo Performance Materials, has broken ground on a new plant in Narva, Estonia to mine for raw materials that produce sintered neodymium-iron-boron magnets. The magnets are in high demand from makers of electric vehicles, wind turbines, and other clean energy verticals.
Ventec plans to st up new factory in Southeast Asia
June 23, 2023
Ventec says that it plans to open a new manufacturing facility in Southeast Asia by 2025/26 to extend its manufacturing capabilities beyond China and Taiwan and enhance global supply chain resiliency.
Escatec expands its production footprint with new Bulgarian site
June 07, 2023
EMS provider Escatec had been in expansion mode for several years now. And continued requests to nearshore cost-effective production in Europe have prompted the manufacturer to establish a new production facility in Bulgaria.
BorgWarner to supply eMotors to Chinese automotive manufacturer
May 08, 2023
BorgWarner has been selected to provide HVH eMotors to an unnamed automotive manufacturer in China. The eMotors will be used in the Chinese automaker's Dedicated Hybrid Transmission (DHT) and Range Extended Electric Vehicle (REEV), with mass production expected to start in August 2023 in Tianjin.
MMI: Global top 50 EMS companies surpassed $457 billion in revenue
April 11, 2023
In 2022, Top 50 EMS sales accounted for USD 457 billion in revenue – an increase of USD 40 billion, or 9.5%, from 2021, reports Manufacturing Market Insider (MMI).
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