Daimler and Volvo Group complete creation of fuel-cell JV
March 02, 2021Daimler Truck AG and the Volvo Group today completed the transaction to form their previously announced fuel-cell joint venture; cellcentric.
Marvell and Fujitsu partner to deliver 5G baseband technology
March 01, 2021Fujitsu has selected Marvell's baseband processor silicon to power its new 5G New Radio (NR) base station offerings.
Strong end to 2020 for NCAB - enters 2021 with confidence
February 26, 2021"We leave 2020 behind us with a positive trend for order intake and increased activity among our customers. This augurs well for 2021," says CEO Peter Kruk in the year-end report.
Magna’s new Michigan plant to support the EV market
February 25, 2021Magna has broken ground on a new manufacturing facility in St. Clair, Michigan, that will build complex battery enclosures for the all-new 2022 GMC Hummer EV.
TSMC ranks in Top10 in three wafer size categories
February 25, 2021As of December 2020, only TSMC—the world’s largest foundry—was listed among the wafer capacity leaders in each of the three wafer size categories. It had the most 200mm wafer capacity last year and ranked second, trailing only Samsung, in 300mm wafer capacity.
Mekoprint with record revenue despite the pandemic
February 25, 2021Mekoprint has been through two major fluctuations in activity over the past Corona year with increases and decreases of over 40%. Despite this, the company has succeeded in continuing overall growth in both revenue and earnings.
Foxconn to manufacture Fisker e-cars
February 25, 2021Fisker has entered into a MOU with Hon Hai Technology Group. Foxconn is said to manufacture the vehicle at projected annual volumes of more than 250,000. Global market scope – including North America, Europe, China, and India.
Incap nearly doubled its revenues in 4Q20
February 25, 2021The EMS provider reported 2020 forth quarter revenues of EUR 31.5 million, showing an increase of 94% from EUR 16.3 million during the same quarter 2019.
BECOM starts operations at its Heyuan location
February 24, 2021The Austrian headquartered EMS provider opened its new location in China just before the Chinese New Year. In this first step, the company invested a total of EUR 4 million in the new 3'000 square metre, high-tech location in Heyuan in southern China.
Renesas Naka facility is back to full operation
February 23, 2021Following the earthquake that hit the coast of Fukushima Prefecture and the surrounding areas on February 13, Renesas shut down production at its Naka factory to investigate potential damages. Since then then company has brought the plant back online bit by bit.
Rücker Lypsa is now EDAG Engineering Spain
February 23, 2021Barcelona-based company Rücker Lypsa S.L. has been operating under the name of "EDAG Engineering Spain, S.L." since January, 2021.
RUAG to reorganise in Austria, Sweden and Switzerland
February 23, 2021To respond to a changing market environment, RUAG Space is repositioning itself along a flatter organization that will take effect as of Q3/2021. This also includes a reduction of up to 100 of today’s 1’300 positions by the end of 2021.
NCAB Group acquires Italian PCB supplier
February 23, 2021NCAB Group announces that it has acquired 100% of the shares in Italian PCB supplier PreventPCB.
Ventec’s German facility receives AS9100-D certification
February 18, 2021Ventec International Group's European facility in Kirchheimbolanden, Germany, is now certified according to AS9100 Revision D (DIN EN 9100), the quality-management standard for the aviation, space, and defense (ASD) industries.
Kitron to manufacture battery management systems in Poland
February 18, 2021EMS provider Kitron is expanding its services with an existing major customer to cover the production of battery management systems.
Renesas to resume production at Naka plant step by step
February 16, 2021On February 13, an earthquake struck the coast of the Japanese Fukushima Prefecture which led Renesas to suspend operations at its Naka factory as it investigated potential damages. The plant is now back up and running, at least parts of it.
Infinion brings production start in Villach forward
February 16, 2021Revenue for the three-month period increased from EUR 2,490 million to EUR 2,631 million quarter-on-quarter, with all segments contributing to the 6 percent growth despite the weaker US dollar, the manufacturer states in their latest fiscal.
Altus appoints a new CEO to lead the companyLoad more news
February 12, 2021UK-based capital equipment supplier, Altus Group, announces the appointment of a new Chief Executive Officer to lead the company’s strategic growth throughout the UK and Ireland.