Autonomize AI raises $28M to power next-gen agentic AI for healthcare
June 13, 2025
The funding will be used by the company to rewire healthcare operations with its Agentic AI Orchestration platform, enabling healthcare knowledge workers to focus on delivering better patient care by reducing the administrative burden that drives cost, clinician burnout and fragmented experiences.
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UK MOD signs protector support contract with GA-ASI
June 13, 2025
The contract, known as the UK Protector Availability and Support Solution or UK PASS, will provide ongoing support for the new Protector RPA systems supplied by GA-ASI and now being operated by the UK’s Royal Air Force (RAF).
Teltonika to triple output with four new manufacturing sites in Lithuania
June 12, 2025
Lithuanian electronics manufacturer Teltonika is significantly expanding its production footprint with the construction of four new factories, aiming to triple production by the end of 2025.
IDI acquires majority stake in Intersoft Electronics Group
June 12, 2025
French private equity firm IDI has acquired a majority stake in Belgium-based Intersoft Electronics Group. The deal, structured as a secondary leveraged buyout, was conducted in close cooperation with the company’s existing management team.
Fujitsu sells power modules business to India’s L&T for $13.8 M
June 11, 2025
The business will be bought by L&T’s semiconductor arm. Separately, Kaynes Semicon (KS) will acquire the production facilities related to the power modules business from Fujitsu.
Scania looks to save Northvolt's R&D facility
June 11, 2025
Following the bankruptcy of Northvolt, intense efforts have been underway to rescue parts of the business. On 22 May, bankruptcy administrator Mikael Kubu confirmed that there were interested parties and that negotiations were ongoing concerning various operations within the group — each at different stages of progress.
Top 10 foundries face tariffs and subsidies, 1Q revenue declines
June 11, 2025
The global foundry industry recorded USD 36.4 billion in revenue for Q1 2025, representing a 5.4% quarter-on-quarter decline, according to TrendForce. The revenue drop was softened by last-minute rush orders ahead of the US reciprocal tariff exemption deadline and continued demand driven by China’s 2024 consumer subsidy program.
J2 Sourcing acquires French component broker G4 Sourcing
June 10, 2025
Swedish-based J2 Sourcing has acquired 100% of the shares in French electronic component broker G4 Sourcing, as part of its strategy to strengthen its footprint in key European markets.
ERS electronic opens demonstration centre in Taiwan
June 10, 2025
ERS electronic GmbH has opened a new demonstration centre in Zhubei, Taiwan, aimed at supporting the rising demand for panel-level packaging (PLP) in the region.
Qualcomm to acquire Alphawave Semi in $2.4 billion deal
June 10, 2025
Qualcomm Incorporated has signed a definitive agreement to acquire UK-based Alphawave IP Group plc (Alphawave Semi) in a transaction valued at approximately USD 2.4 billion. The acquisition, executed through Qualcomm’s indirect subsidiary Aqua Acquisition Sub LLC, marks a strategic move aimed at accelerating Qualcomm’s expansion into data centre markets.
International consortium rolls out EV battery swapping initiative in Tokyo
June 10, 2025
Japanese shipping and logistics group Yamato will be the initiative’s first major customer and focus on last mile applications. US company Ample will provide battery swapping tech for the participating EV platforms.
India approves Micron’s $1.5 billion Gujarat SEZ proposal
June 10, 2025
US semiconductor company Micron Technology will set up its SEZ facility in Sanand, Gujarat, while Indian diversified contract manufacturer Aequs will set up its SEZ in Dharwad, Karnataka.
GENESIS project launches to steer Europe towards sustainable chipmaking
June 09, 2025
With a budget of close to €55 million, GENESIS will drive innovative solutions in emission control, eco-friendly materials such as alternatives to PFAS-based ones, waste minimization, and raw material reuse.
Wanhua, ElevenEs team up to boost Europe LFP battery supply chain
June 09, 2025
The two companies will cooperate on LFP and other high-quality raw materials, and jointly form a technical team, exchange technical and market information, and accelerate the development of their products and markets.
Samsung develops next-gen cooling tech with Johns Hopkins
June 06, 2025
By leveraging newly created thin-film Peltier semiconductor devices advanced through cutting-edge nano-engineering technology for the first time, the research team has successfully developed and demonstrated a high-performance Peltier refrigerator.
Europe's PCB landscape: 2024’s top 30 manufacturers revealed
June 05, 2025
Evertiq has previously reported on the long-term decline of the European PCB industry. Back in the 1990s, the EU accounted for around 20–30% of global production. Today, that figure stands at just 2%. But who are the champions still holding strong in the storm?
AMD acquires Brium to enhance Open AI software ecosystem
June 05, 2025
AMD said the acquisition was a reflection of its strategic commitment to AI. This is AMD’s fourth strategic acquisition in the past two years — the semiconductor giant previously acquired Silo AI, Nod.AI and Mipsology.
China’s GigaDevice opens global headquarters in Singapore
June 05, 2025
This strategic move marks a major milestone in GigaDevice’s international growth journey, underscoring its commitment to closer customer engagement, building a resilient and agile supply chain, and strengthening its ecosystem and brand presence across key global markets.
Report: Former Kia India workers, scrap dealers face probe over engines theft
June 05, 2025
Kia lodged a police complaint in March in Andhra Pradesh, saying that an internal review showed over 1000 engines sourced from Hyundai were missing, according to Reuters.
Energy Vault, Jupiter sign deal for additional 100 MW BESS
June 05, 2025
The BESS system will be built with the Energy Vault’s proprietary X-Vault integration platform using Energy Vault’s proprietary UL9540 certified B-VAULT product, and VaultOS Energy Management System to control, manage and optimize the BESS operations.
Northrop invests $50M in Firefly to advance medium launch vehicle
June 05, 2025
Built upon Northrop Grumman’s Antares and Firefly Aerospace’s Alpha rocket, Eclipse offers a significant leap in power, performance, production cadence and payload capacity.
NCAB closes acquisition of B&B Leiterplattenservice in Germany
June 04, 2025
In April earlier this year, NCAB announced that it had signed an agreement to acquire 100% of B&B Leiterplattenservice GmbH (B&B) headquartered in Mittweida, Germany – the acquisition is now closed, and the company now is part of the NCAB Group.
Why PCB raw materials matter: performance, reliability, and cost
June 04, 2025
ICAPE offers an overview of the key factors in PCB raw material selection and the considerations that guide their use.
Connect expands global footprint with new US manufacturing plant
June 04, 2025
Connect Group USA will specialize in assembly and module building and after-sales services, supported by core functions in sales, test development, production center operations, and a customer focus center.
Air Liquide’s gas supply deal with VSMC to boost Singapore’s chip industry
June 03, 2025
Strategically located within the Tampines Wafer Fab Park, one of Singapore’s four key wafer fabrication hubs, the new facility will bolster Singapore’s position as a global semiconductor powerhouse.
Microsoft to invest $400 million in Switzerland on AI, cloud computing
June 03, 2025
Microsoft’s commitment includes expanding its cloud and AI infrastructure, empowering Switzerland’s startup and SME ecosystem, developing AI skills and digital competencies, and strengthening Switzerland’s role as a global hub for responsible AI governance.
IIT Kharagpur, A*STAR team up to advance semiconductor innovation
June 02, 2025
The MoU opens new avenues for joint research in advanced CMOS and post-CMOS technologies; heterogeneous integration and packaging; AI hardware accelerators; next-generation memory systems; photonics and quantum devices; and chip reliability, thermal management and failure analysis.
Meyer Burger closes Arizona solar plant, cuts 282 jobs
May 30, 2025
Swiss solar panel maker Meyer Burger said it was in talks with a group of bondholders about restructuring, but the future of the Goodyear, Arizona site was uncertain.
Jupiter partners with Pickkup to bolster EV adoption in India
May 30, 2025
The partnership aims to deploy 300 units of JEM TEZ, JEM’s electric light commercial vehicle, in Pickkup’s growing EV fleet by the end of this year.
SCI raises $3.3M to develop security-enhanced microcontroller
May 30, 2025
CHERI, which stands for ‘capability hardware enhanced RISC instructions,’ aims to protect against cyber attacks that use software memory misallocation, buffer over flows and other memory hacks.
Dirk Stans on strengthening Europe’s electronics industry
May 30, 2025
Over the past few months, Dirk Stans, Managing Partner at Eurocircuits, has been a vocal advocate for strengthening Europe’s electronics industry. In a series of articles, published by Evertiq, he has addressed critical structural challenges – and proposed pragmatic, actionable reforms. At Evertiq Expo Berlin on June 5, he will bring these ideas together in a comprehensive presentation.
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