Alkaline battery market to reach $14.3B by 2033
March 10, 2025
AA (LR6) and AAA (LR03) batteries remain the most dominant sizes, powering everything from household gadgets like remote controls and flashlights to industrial tools and medical devices.
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Indian startups enter strategic Indo-US space and defense collaboration
January 17, 2025
In a landmark development for India’s burgeoning private space sector, seven Indian companies have been selected for an unprecedented collaboration under the Indo-U.S. Defense Acceleration Ecosystem (Indus-X) initiative. According to a Reuters exclusive, this program offers Indian firms access to the lucrative U.S. defense and space markets, mentorship, and partnerships with industry giants.
US tightens export controls on advanced AI technologies
January 15, 2025
The US Department of Commerce's Bureau of Industry and Security (BIS) has issued an interim final rule, effective January 13, 2025, enhancing export controls on advanced computing ICs and certain artificial intelligence (AI) model weights.
Elhurt EMS looks to the future
November 21, 2024
The final Evertiq Expo of 2024 wrapped up on October 24, closing a successful season of trade shows for the electronics industry. Among the highlights was an interview with Sławomir Tkacz of Elhurt EMS, who shared insights on market challenges, the company’s strategies, and their future plans.
Exclusive: Top 30 EMS providers in CEE unveiled
October 24, 2024
At this year’s Evertiq Expo in Warsaw, the spotlight shone on the top 30 largest EMS providers in Central and Eastern Europe. Unveiled exclusively at the Expo on October 24, the top list highlights key players driving the region's electronics manufacturing industry. So, who are the biggest players in the region?
Russia to spend $2.5 billion on domestic chipmaking tool tech
October 14, 2024
The initiative includes launching 110 R&D projects to reduce dependence on imported wafer fab tools and make chips on a 28nm-class process technology.
Another blow to the European PCB Industry
October 09, 2024
Moldavizolit, a Moldovan manufacturer of laminates for PCB production, has been forced to suspend operations at its factory in Tiraspol due to difficulties obtaining export permits.
Europe needs PCB manufacturing; silicon isn't enough
August 27, 2024
During Evertiq Expo in Berlin earlier this June, EIPC president Alun Morgan took to the stage to provide listeners with an overview of the state of the electronics industry, and where we currently are heading – and also to shine the spotlight on the importance of our domestic PCB industry.
Mikkelsen Electronics lives on through Mekoprint
August 27, 2024
Mekoprint has acquired all activities of Mikkelsen Electronics, a company based in North Zealand, Denmark, which went into bankruptcy during the summer.
Grundfos completes divestment of its Russian business
June 25, 2024
The Russian authorities have approved the divestment of Grundfos’ Russian sales company to its local management. With this, Grundfos is now officially out of Russia, the divestment of its production company was approved by Russian authorities earlier this year.
Russian tech firm launches Raspberry Pi competitor
June 21, 2024
Russia has made a rare appearance in the tech news space: its state-owned firm Rostec has introduced the MP21, a single-board computer powered by the domestically developed Elbrus 2S3 processor.
CHIPS funding would enable Rocket Lab to expand and create more jobs
June 11, 2024
Rocket Lab USA, has signed a non-binding preliminary memorandum of terms (PMT) with the Department of Commerce that would see Rocket Lab receive up to USD 23.9 million in direct funding under the CHIPS and Science Act.
Aspocomp’s net sales dropped 30% in 1Q24
April 18, 2024
Aspocomp’s first-quarter net sales amounted to EUR 6.2 million, down 30% from EUR 8.9 million during the same quarter last year.
The state of the electronic component Industry
February 13, 2024
Independent distributor of electronic components and products, Fusion Worldwide, has provided Evertiq with a comprehensive look at the state of the electronic component industry through "Fusion Worldwide's 2024 Report."
POSCO to build rare gas production facility
December 27, 2023
Korean industrial giant POSCO Holdings has formed a JV with China's Zhongtai Cryogenic Technology to boost production of rare gases for local chip companies.
Ukraine reveals plan to compete in the semiconductor space
December 20, 2023
The Ukraine government has declared its intention to help local firms manufacture semiconductors at the rate of 50,000 chips a month by 2028.
European component distribution decelerates
November 15, 2023
“After nearly 3 years of unprecedented growth, the market starting to consolidate is not a surprise. However, despite all current geo-political challenges, the long-term outlook for our industry overall remains positive,” says Hermann Reiter, Chairman DMASS Europe.
Four arrested for supplying Russia with semiconductors
November 02, 2023
Over USD 7 million worth of semiconductors, ICs, and other electronics have been unlawfully exported from the US to Russian end-users affiliated with the Russian military.
Teledyne FLIR ink $31 million contract with Kongsberg
August 31, 2023
Teledyne FLIR Defense has signed a contract with Kongsberg Defence & Aerospace, Norway, valued at roughly USD 31 million to provide its Cerberus XL mobile counter-unmanned aerial system (UAS) as part of a total C-UAS solution for Ukraine.
Germany arrests man for exporting components to Russia
August 29, 2023
The federal prosecutor's office in Germany reported on Tuesday that a German-Russian dual citizen had been detained on suspicion of repeatedly breaking the country's foreign trade laws – sending electronic components to a Russian company.
Foxconn founder to run for Taiwan presidency
August 28, 2023
Terry Gou, the founder of electronics manufacturing giant Foxconn, launched his candidature for Taiwan's next president in the 2024 elections on Monday.
Global notebook shipments on the rebound
July 04, 2023
TrendForce has predicted a noticeable recovery in the global notebook market for 2Q23. Shipments are projected to hit 40.45 million units – a QoQ increase of 15.7%.
Investments will keep Optiprint running though tough times
June 29, 2023
With the volatility of the past years behind us, Swiss PCB manufacturer Optiprint looked back at what the company had gone through and the current situation to devise a strategy to ensure its future and increase resilience.
VARTA AG to cut around 240 jobs in 2023
April 26, 2023
After years of strong growth and the associated expansion of production capacities and personnel, VARTA AG says that it will eliminate around 240 jobs in Germany this year as part of its restructuring.
Harting denies allegations of military supply to Russia
April 17, 2023
Business magazine Capital recently reported that a Harting RJ45 connector has been discovered in the remains of a Russian missile in Ukraine. Harting is now responding to the finding.
US CHIPS Act will slow down Chinese chip development for years
April 17, 2023
Recent updates to the US CHIPS and Science Act by the US Department of Commerce stipulate that beneficiaries of the act will be restricted in their investment activities – for more advanced and mature processes – in China, North Korea, Iran, and Russia for the next ten years. Restrictions that will limit Chinese semiconductor development for the next decade, says TrendForce.
How to become a supplier to the U.S. Department of Defense and NATO
April 12, 2023
In 2015, in response to an overwhelming demand for support to international industries pursuing opportunities associated with Poland’s defense modernisation program, Poland-U.S. Operations (PLUS Ops) was established.
Cisco leaves Russia – leaving destroyed equipment behind
April 10, 2023
Cisco Systems decided to stop all sales in Russia back in March 2022 already, and later in June the company decided to shut down operations and leave the Russian market.
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Against the background of inflation, how is the security of the semiconductor supply chain maintaine
The semi-conductor market has been put under extreme pressure in recent years, with supply chain shortages driven by natural disasters, changing economic conditions and other geographic and political events.
Rebuilding and modernising the Polish Army
March 24, 2023
In light of the Russian invasion of Ukraine, Poland is looking to further increase defence spending and modernise its army.
Volkswagen’s Russian assets have been frozen
March 21, 2023
The german carmaker has been trying to wind down its Russian operation for basically a year, now another roadblock has hit VW as its assets in the country have been frozen by a Russian court.
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