CATL to guarantee high-volume battery supply to Mercedes-Benz
August 07, 2020Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) have entered the next stage of their partnership which will focus on the creation of battery technology to support the high-volume electrification of the car makers portfolio.
Schmersal produces Bluetooth modules for aconno
August 06, 2020The Schmersal Group’s Wettenberg production site has begun production of wireless modules for aconno GmbH. aconno, a young start-up based in Düsseldorf, Germany, develops Internet of Things and Industry 4.0 solutions including Bluetooth and sensor modules and development kits.
Jenoptik: order intake down on prior year; order backlog slightly up
August 06, 2020From January through early March business performance was in line with expectations, but clear impacts of the corona pandemic and increasing uncertainty within the automotive industry became apparent from late March on.
thyssenkrupp completes sale of elevator business
August 06, 2020thyssenkrupp has successfully completed the sale of its elevator business after all the responsible authorities had approved the sale to a bidding consortium led by Advent International and Cinven.
Analog Devices team up with Intel to address 5G network design challenges
August 05, 2020The companies are collaborating to create a flexible radio platform that addresses 5G network design challenges and will enable customers to scale their 5G networks more quickly and economically.
Mikron to sell subsidiaries in Berlin and Lithuania
July 31, 2020The Swiss automation solutions and machining systems provider has announced that it is selling two of is subsidiaries located in Berlin, Germany and Kaunas in Lithuania.
New management takes the reins at Würth Elektronik eiSos
July 31, 2020As of the 1st of May 2020, Dirk Knorr and Josef Wörner have been appointed as General Managers for the German business of the Würth Elektronik eiSos GmbH & Co. KG, having been a part of the management circle of the company for years.
Schweizer: decline in sales still within rather pessimistic expectation
July 29, 2020Due to the effects of the COVID-19 pandemic, preliminary figures show that Schweizer’s business performance in the first half of 2020 was significantly weaker than in the previous year.
Southwire acquires Madison Electric Products
July 29, 2020As part of the company's growth strategy, Southwire announces the acquisition of Madison Electric Products LLC of Solon, Ohio – a manufacturer of electrical components and accessories.
Analog Devices acquires HDMI business from INVECAS
July 28, 2020Analog Devices, Inc. has acquired the High Definition Multimedia Interface (HDMI) business of Santa Clara based INVECAS.
Intel’s chief engineering officer to leave the company
July 28, 2020Changes to Intel’s technology organisation are coming. New leaders have been appointed and Murthy Renduchintala will leave the company.
ESCATEC advances MOEMS Capabilities
July 28, 2020In another step up the hi-tech ladder, ESCATEC recently invested in new technology to advance its capability in MOEMS (micro-opto-electro-mechanical systems).
Schleuniger Group acquires the business of US-based Cirris Systems Corp.
July 27, 2020Following many years of cooperation, the Schleuniger Group and Cirris Systems Corp. have signed an agreement for Schleuniger to acquire Cirris, based in Salt Lake City, Utah, on the basis of an asset deal.
The evolving GaN and SiC power semiconductor market landscape
July 23, 2020The emerging market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors is rapidly evolving from a startup-dominated business to one led by large-established power semiconductor manufacturers.
AEM acquires DB Design to expands design & application engineering capabilities
July 23, 2020AEM Holdings Ltd has acquired 100% stake in California-based DB Design Group, Inc. with its key team of designers and machinists located in California serving the Silicon Valley customer base.
Wistron’s iPhone production plant finds new owner
July 21, 2020The EMS giant announced its intentions to sell two of its Chinese subsidiaries in a filling with the Taiwan Stock Exchange on July 17.
EV Group nearly doubles its cleanroom capacity at its HQ
July 21, 2020EV Group (EVG) has completed the construction of its new Cleanroom V building at its corporate headquarters in Austria.
Mycronic weathers the pandemic storms
July 17, 2020“I am proud of how our employees are handling the pandemic and particularly how we have adapted to maintain support to our customers in the best possible way,” says President and CEO Anders Lindqvist.
Berliner Glas Group to become part of ASML
July 16, 2020ASML has signed an agreement to acquire 100% of the shares of Berliner Glas KGaA.
BMW ink supply agreement for battery cells with NorthvoltLoad more news
July 16, 2020The German auto-giant has signed a long-term supply contract worth EUR 2 billion for battery cells with Swedish newcomer Northvolt.