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Indian ODM continues to grow - adds new SMT lines
June 16, 2021
Electronics engineering and manufacturing company VDN Technologies is continuing its growth path and expands its manufacturing capacity by adding new SMT lines.
IC Insights raises its 2021 IC market forecast to +24%
June 16, 2021
The analysts at IC Insights expects the global IC market to exceed USD 500 billion for the first time in 2021.
Component shortage - an evaluation of the situation
June 16, 2021
The component shortage takes control of most processes in the electronics industry. As Head of Strategic Purchasing at EMS service provider A+B Electronic, Marcus Hartwig has to deal with the subject on a daily basis. “To say the time is about to run out, that would have been right six months ago. It is high time.”
S.D.A appointed Yamaha agent for Slovakia and Czech
June 16, 2021
Yamaha Motor Europe Factory Automation section has announced a distribution agreement with Slovakia-based S.D.A. s.r.o. to extend sales and customer support for Yamaha industrial robots in Slovakia and Czech Republic.
Meyer Burger secures €185 million to expand cell capacity
June 16, 2021
The Meyer Burger group closes a syndicated loan agreement for EUR 125 million and a factoring agreement for EUR 60 million. The debt financing of EUR 185 million serves to expand the annual production capacity to reach 1.4 GW of solar cells in Thalheim (Bitterfeld-Wolfen), Germany and 1 GW of modules in Freiberg, Germany.
IDC forecasts Solid Growth for HDD and SSD markets
June 15, 2021
International Data Corporation (IDC) says that while both the HDD and SSD markets were affected the COVID-19 pandemic, the outlook looks good as demand for storage remains strong in multiple areas.
Camtek keeps on trucking
June 15, 2021
Since the beginning of April, Camtek Ltd has received orders for inspection and metrology systems totaling about USD 60 million, predominantly for advanced packaging and front-end applications.
SEMI calls for US and EU cooperation on technology and trade
June 15, 2021
SEMI is calling for closer cooperation on technology and trade between the European Union and the United States ahead of a meeting of European Commission and U.S. government officials.
IDELEC and ICAPE Group join forces!
June 15, 2021
In early June, DELEC, a company specialising in the negotiation of PCBs, technical parts, sub-assemblies, and tools, joined ICAPE Group. The company, based in Annecy, in France will strengthen the presence of the ICAPE Group.
Magnachip receives an unsolicited offer
June 15, 2021
South Korean display and power solutions company Magnachip Semiconductor Corporation, confirms that the company has received an unsolicited proposal from a group of investors to acquire all outstanding shares in the company.
Xilinx acquires Silexica to broaden its developer base
June 15, 2021
Xilinx has acquired Silexica, a privately-held provider of C/C++ programming and analysis tools.
A fire-fighting robot developed in Sweden - by Scanfil
June 15, 2021
Realisator Robotics has, together with Scanfil and in close cooperation with the larger Swedish Rescue Services and the Swedish Civil Contingencies Agency (MSB), developed a fire-fighting robot Fumo.
Crypto mining - key to Nvidia overtaking Broadcom in 1Q21
June 14, 2021
While foundry capacities remained tight, prompting IC design companies to compete over limited foundry capacities in order to fulfill rising demand for various end devices, the top 10 IC design (fabless) companies posted remarkable revenues in 1Q21, according to TrendForce’s latest investigations.
Indian lockdown extended - Incap continues to ramp up
June 14, 2021
The current lockdown in Karnataka, India has been extended until 21 June, which means that EMS provider Incap will continue to operate its indian factories according to the government guidelines and while still preparing to resume full operations once the restrictions are removed.
Polestar and SK Inc sign MoU
June 14, 2021
Swedish electric performance car company Polestar is exploring a wide-ranging alliance with SK Inc, South Korea’s third largest industrial holding company, to advance its development of high-performance electric cars.
Hellmann invests in New Zealand for Techtronic Industries
June 14, 2021
The full-service provider Hellmann Worldwide Logistics announces a EUR 28 million lease and development investment with Auckland Airport to establish a new 19'200 square metre ambient warehousing complex dedicated to multinational manufacturer Techtronic Industries (TTI).
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