Smartphone market up 7.8% – Samsung moves to pole position
April 16, 2024
According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter of 2024 (1Q24).
Infineon signs MoU with Korean shipbuilding firm
April 02, 2024
Germany's semiconductor group Infineon has agreed a partnership with HD Korea Shipbuilding & Offshore Engineering Co to develop energy-efficient semiconductor tech for electric-powered shipping.
Infineon to create over 100 new jobs in Ireland
March 20, 2024
Infineon Technologies plans to significantly expand its R&D presence in Ireland within the next four years – adding over 100 new jobs at its sites in Cork and Dublin.
Volvo Cars invests in Breathe for next-gen fast charging
March 13, 2024
Volvo Cars has partnered up with Breathe Battery Technologies (Breathe), becoming the first car company to get access to the latest version of its patented, algorithm-enabled charging software.
Kontron gains control of Katek SE – mandatory offer follows
March 12, 2024
Kontron started 2024 by acquiring a majority stake in EMS provider Katek SE. All closing conditions of the share purchase agreement have been met and a mandatory offer for the rest of the shares will follow.
Stellantis reveals €5.6bn investment plan for LATAM
March 08, 2024
Automative giant Stellantis is to plough a record sum into the design and manufacture of EVs across the Latin American region.
Novo energy start building Sweden’s second, and Gothenburg’s first gigafactory
March 07, 2024
Novo Energy, the joint venture between Northvolt and Volvo Cars, has officially started the construction of its battery factory in Torslanda, Gothenburg near Volvo Cars' manufacturing plant.
Jabil to to close its Vancouver site – 120 jobs lost
March 06, 2024
EMS giant Jabil is planning to close its Vancouver, Washington operation – resulting in the permanent layoff of 120 employees.
Vishay acquires Nexperia’s Newport Wafer Fab for $177m
March 06, 2024
Vishay Intertechnology has completed the acquisition of Nexperia’s wafer fabrication facility and operations located in Newport, South Wales, UK for approximately USD 177 million.
Siemens Mobility to invest €115m in UK facility
March 05, 2024
The new factory is expected to be operational by 2026, positioned to meet the growing demand for rail technology. Approximately 800 local manufacturing, research, engineering, and support staff will transition to the new site.
Shoals to invest $80m in energy storage plant
March 04, 2024
Shoals, a US-based renewable energy chip and equipment maker, has announced an ambitious expansion plan relocate its manufacturing operations to Portland, Tennessee.
UK government approves Vishay's Newport Wafer Fab purchase
March 04, 2024
Vishay Intertechnology's acquisition of Newport Wafer Fab has been cleared by the UK government, ending years of uncertainty over the UK's largest fab.
Schaeffler expands with new US manufacturing facility
February 27, 2024
Motion technology company Schaeffler is planning to expand its US operations with the addition of a new manufacturing facility focused on automotive electric mobility solutions. An investment of over USD 230 million is set to create 650 jobs in Ohio by 2032.
Top 5 robot trends 2024
February 20, 2024
The stock of operational robots around the globe hit a new record of about 3.9 million units. This demand is driven by a number of exciting technological innovations.
Stellantis to make electric drive modules in Hungary
February 19, 2024
Car giant Stellantis is set to increase its production capacity of electric drive modules (EDMs) by bringing production to its Szentgotthard, Hungary plant from 2026.
Vitesco to start operations at €188 million Czech plant
January 30, 2024
The manufacturer of drive technologies and electrification solutions is set to start operations at its 38,000 square metre new manufacturing and automated logistics centre in Ostrava-Hrušov by year's end.
CustomCells opens future lab in Itzehoe
January 24, 2024
Battery technology company CustomCells has opened the doors to its new headquarters in Itzehoe, Germany.
Kontron acquires majority stake in Katek SE
January 18, 2024
Kontron AG will acquire around 60% of the shares in German electronics manufacturer KATEK SE.
Foxconn sets up dedicated EV division
January 12, 2024
Foxconn Technology Group is accelerating its move into the automative sector with a newly created division: Foxconn New Energy Automobile Industry Development Co.
IDC: PC sales down 2.7% in 4Q23, but 'worst is over'
January 12, 2024
Global shipments of PCs fell for the eighth successive quarter, says new analyst data, but growth is expected in 2024.
Friwo separates from remaining production at the Ostbevern site
January 11, 2024
Friwo, a manufacturer of chargers and e-drive solutions, says it is divesting its remaining production activities at the site in Ostbevern, Germany.
Intel acquires Silicon Mobility
January 10, 2024
Intel plans to drive the company’s AI everywhere strategy into the automotive market, including a deal to acquire Silicon Mobility, a fabless silicon and software company that specialises in SoCs for intelligent electric vehicle (EV) energy management.
Amber Group buys 60% stake in Ascent Circuits
January 05, 2024
India's Amber Group has acquired a majority share of printed circuit board firm Ascent in a bid to strengthen its electronic manufacturing services (EMS) portfolio.
Jabil completes the divestiture of Mobility business
January 02, 2024
EMS provider Jabil has closed the transaction to divest its Mobility business to BYD Electronic (International) Company Limited ) in a cash transaction valued at $2.2 billion.
Fuji to invest $1.4bn in power semiconductor production
December 27, 2023
Fuji Electric is planning to almost double its annual spend on silicon carbide (SiC) power semiconductor production over the next three years.
Private-era Toshiba targets power management chip market
December 22, 2023
Japanese electronics giant Toshiba Corporation says it is boosting production of power chips as it enters its new life in private ownership.
TDK invests in Indian battery tech firm
December 19, 2023
TDK Ventures, the digital investment arm of Japan's TDK Corporation, has taken a share of Bengaluru-based Exponent Energy.
1,500 German jobs at risk at Bosch
December 12, 2023
The German automotive supplier is reportedly planning to reduce its workforce by up 1,500 employees by 2025 at two of its German sites.
BAE System to modernise microelectronics facility
December 11, 2023
The U.S. Department of Commerce has awarded USD 35 million in initial funding for BAE Systems to modernise the Microelectronics Center (MEC) in Nashua, New Hampshire.
Toshiba and Rohm to manufacture power management chips
December 08, 2023
The Japanese government says it will support this joint project between domestic companies with up to 120 billion yen (USD 830 million) in subsidies.
RTX targets the healthcare sector with new collaboration
December 07, 2023
Danish technology company RTX has signed an agreement with an unnamed global Healthcare company regarding a collaboration to bring a new generation of Wireless Continuous Patient Monitoring infrastructure for the Hospital Healthcare sector to market.
Farnell expands power portfolio with Panasonic's components
December 04, 2023
Farnell has added Panasonic Industry’s solar inverters and EV charging system components to their power portfolio.
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