IHS Markit: 5G economy in the trillions by 2035
November 11, 2019The IHS Markit 5G Economy Study, commissioned by Qualcomm Technologies Inc., is forecasting that 5G will generate USD 13.2 trillion in sales enablement by 2035.
Volkswagen starts pre-production e-mobility plant in China
November 11, 2019The new plant of the SAIC VOLKSWAGEN joint venture has been completed. It is purely built for the production of all electric vehicles on Volkswagen’s Modular Electric Drive Matrix (MEB).
GPV's revenues soars 130%
November 11, 2019Danish EMS provider, GPV Group, announces that the company generated revenues of DKK 2.2 billion in the first nine months of 2019, a 130% year-on-year improvement driven by the acquisition of Swiss company CCS at the end of 2018.
Chinese chip maker to U.S. firms: don’t worry
November 08, 2019On Friday, the chairman of China’s top state-run semiconductor company, Tsinghua Unigroup, had some advice for U.S. chipmakers, saying they should “relax and sleep well,” with regard to China’s semiconductor development.
EpiWorld speeds up commercialisation of SiC devices with AIXTRON
November 08, 2019AIXTRON SE has provided an AIX G5 WW C system to EpiWorld International Co., Ltd for the further development of next generation silicon carbide (SiC) epitaxial wafers mainly used for the manufacturing of power devices for automotive applications.
AT&S weathers market challenges
November 07, 2019In an overall challenging environment AT&S held its ground well in the first half-year. Revenues amounted to EUR 490.3 million, declined slightly by 5.1% compared to the previous year.
ABB to divest two Shanghai-based electrification JVs
November 06, 2019ABB has signed a binding agreement to divest all ABB shares in Shanghai ABB Breakers Co., Ltd. and Shanghai ABB Guangdian Electric Co., Ltd. to Shanghai Guangdian Electric Group (SGEG), ABB’s joint venture partner in the two companies.
2019 shipment of flat-panel display driver IC show negative growth
November 05, 2019Reduced panel shipment is causing the demand for flat-panel display driver IC to undergo a corresponding decline, says the WitsView research division of TrendForce.
Flex may deepen its pivot away from China
November 04, 2019U.S. electronic component manufacturer Flex may be contemplating a more significant shift away from China in the form of a USD 50 million investment in India.
Apple requests U.S. waive tariffs
November 04, 2019According to company filings with the U.S. Trade Representative’s Office, Apple Inc. has requested a waiver on tariffs for Chinese-made Apple products and components used in the manufacture of certain products.
Global semiconductor sales increase 3.4% MoM in September
November 04, 2019Worldwide sales of semiconductors reached USD 106.7 billion during the third quarter of 2019, an increase of 8.2% over the previous quarter and 14.6% less than the third quarter of 2018, says SIA.
EMCORE announces CATV assets sale to Hytera
November 01, 2019EMCORE Corporation has sold its CATV production equipment and transferred its CATV manufacturing operations from the company’s Beijing facility to Hytera.
Omron Automotive Electronics is now in the hands of Nidec
November 01, 2019Nidec Corporation has completed the acquisition of Omron Automotive Electronics Co. Ltd. from Omron Corporation.
Gigaphoton establishes new company in China
November 01, 2019Gigaphoton, a manufacturer of light sources used in semiconductor lithography, says it has established and started running the business of a new company – Gigaphoton China Inc. in China.
Prepare, adapt & overcome - how ‘to Brexit’
November 01, 2019The looming, but yet unknown, effects of Brexit have forced companies to prepare for whatever may come. But how does one really prepare for unknown consequences?
POET’s sale of DenseLight Semi to close
October 31, 2019POET Technologies Inc. announced the sale of its subsidiary, DenseLight Semiconductors Pte. Ltd. to DenseLight Semiconductor Technology (Shanghai) Co. Ltd. is scheduled to close on or before Friday, November 8, 2019.
Neutronics to represent Schweizer in the USA and Canada
October 30, 2019Schweizer Electronic AG says that the company has entered into a sales representative agreement with Neutronics Solutions Inc. for the USA and Canada.
Veoneer to divest its Japan and China JV:s
October 30, 2019Swedish ADAS company Veoneer, says that it has singed agreements to sell its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to its JV partner Nissin-Kogyo Co., Ltd. and Honda Motor Co., Ltd.
Pepperl+Fuchs unveils U.S. dist center
October 29, 2019After a two-year delay, Pepperl+Fuchs held a ribbon-cutting recently for its new 110,000 sq. ft. U.S. distribution center (UDC) in Katy, Texas.
KORE Power eyeing U.S. sites for new plantLoad more news
October 29, 2019KORE Power announced it is currently scouting U.S. locations for a one million sq. ft. lithium-ion battery manufacturing plant.