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Emerson accelerates its capabilities with Afag acquisition
September 29, 2023
Emerson has completed its previously announced acquisition of electric linear motion, feeding and handling automation solutions provider, Afag Holding AG.
Volvo and Northvolt break ground on gigafactory
September 29, 2023
Construction of Volvo Cars and Northvolt’s joint Li-on battery gigafactory in Gothenburg, Sweden, is now officially underway.
Schneider Electric opens new Texas manufacturing plant
September 28, 2023
Schneider Electric has invested USD 300 million to expand its US manufacturing operations. Something that has resulted in a new 160,000-square-foot manufacturing plant in El Paso, Texas.
DuPont opens adhesives manufacturing facility in China
September 27, 2023
DuPont has officially open its new adhesives production facility in Zhangjiagang (ZJG), East China. The facility will produce adhesives to serve customers in the transportation industry, primarily in lightweighting and electrification applications.
AT&S conducts green electronics research for Europe
September 27, 2023
Along with 48 other companies and research institutions covering the entire value chain, AT&S is working on the development of new technologies to make electronics production in Europe more sustainable as part of the EECONE (European ECOsystem for greeN Electronics) project.
Jabil inks deal to divest Mobility business for $2.2B
September 27, 2023
EMS provider Jabil is moving forward with its plans to sell its Mobility business. The company has now entered into a definitive agreement to divest the business to BYD Electronic (BYDE) in a cash transaction valued at USD 2.2 billion.
LG teams up with Huayou for LFP cathode plant in Morocco
September 25, 2023
LG Chem and Huayou Group have signed an MoU to build a 50,000-ton-per-year lithium-phosphate-iron (LFP) plant in Morocco with mass production targeted for 2026.
IQE and VisIC to develop next-gen D-Mode GaN power devices
September 21, 2023
IQE has announced a strategic collaboration with VisIC Technologies to develop "the highest reliability" gallium nitride D-Mode power products for use in electric vehicles inverters.
12 new 200mm volume fabs to be built by 2026
September 21, 2023
Semiconductor manufacturers worldwide are projected to increase 200mm fab capacity by 14% from 2023 through 2026, adding 12 new 200mm volume fabs (excluding EPI) as the industry reaches a record high of more than 7.7 million wafers per month (wpm), SEMI reports
Infineon and Infypower to advance in new energy vehicle charger market
September 21, 2023
Infineon Technologies has announced a collaboration with Infypower to improve the efficiency of electric vehicle charging stations.
Redwood expands in Europe by acquiring Redux Recycling GmbH
September 20, 2023
The acquisition is said to provide Redwood with a EU presence to expand operations, increase capacity for battery recycling, and work closely with suppliers, customers and industry partners.
Qvantum acquires manufacturing facility from Electrolux
September 18, 2023
Fast-growing heat pump systems and technology company Qvantum has made its third strategic acquisition. The company has acquired a refrigerator manufacturing facility in Nyíregyháza, Hungary from Electrolux Group.
GlobiTech selects Aixtron for expansion into the SiC market
September 18, 2023
GlobiTech, one of the world's largest silicon-epitaxy foundries, is looking to expand its business into silicon carbide (SiC) epitaxy, and has turned to Aixtron for the production equipment to do so.
Electrolux Group divests factory in Hungary
September 18, 2023
Electrolux Group has divested its manufacturing facility in Nyíregyháza, Hungary to Swedish heat pump manufacturer Qvantum for a cash consideration of EUR 38 million (approximately SEK 455 million).
Stellantis opens battery technology center in Italy
September 15, 2023
Stellantis has officially opened its first Battery Technology Center, at the Mirafiori complex in Turin, Italy.
Bosch to increase its presence in Hungary with new investments
September 12, 2023
Robert Bosch Energy and Body Systems Kft., will implement two investments worth a total of EUR 48 million at its site in Miskolc, in northern Hungaryby mid-2025.
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