ZF opens automotive technology center in Mexico.
April 23, 2024
Mobility technology company ZF has officially opened the campus that will house four corporate function hubs for North America and the company's first R&D center in Monterrey, Mexico.
Rohde & Schwarz opens new facility in India
April 23, 2024
On April 22, Rohde & Schwarz inaugurated a new facility centre in Bengaluru’s Manyata Tech Park, housing R&D, system integration as well as calibration and repair services.
Festo and Phoenix Contact enter technology partnership
April 23, 2024
Festo, manufacturer of pneumatic and electrical automation technology, will use PLCnext Technology, the open ecosystem for automation from Phoenix Contact, in future intelligent devices.
Infosys to acquire German automotive engineering firm
April 22, 2024
India's Infosys has reached an agreement to purchase in-tech, a provider of engineering R&D services to the automotive, rail and smart industry sectors.
Axcelis ships multiple systems to SiC chipmakers
April 18, 2024
Axcelis Technologies announces multiple shipments of the Purion Power Series ion implanter systems to silicon carbide (SiC) power device chipmakers worldwide.
IT breach at Nexperia
April 16, 2024
Nexperia says that it has become aware that an unauthorised third party accessed certain of its IT servers in March 2024.
Qualcomm drops bid to buy Autotalks
April 16, 2024
Qualcomm has terminated its deal to acquire Israeli V2X communications company Autotalks.
Microchip acquires Neuronix AI Labs
April 16, 2024
Microchip Technology has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs).
SweGaN confirms strategic partnership with RFHIC
April 15, 2024
Swedish semiconductor manufacturer SweGaN has announced a strategic equity investment and joint product development deal with Korea's RFHIC Corporation.
Huawei to develop lithography tech at new R&D centre
April 12, 2024
Chinese tech giant Huawei is reported to be building a new research unit in Shanghai. It wants to develop chipmaking tools that could eventually rival those of ASML, Canon, and Nikon.
Microchip acquires VSI
April 11, 2024
Microchip Technology has completed the acquisition of Seoul, Korea-based VSI Co. Ltd., a specialist in providing high-speed, asymmetric, camera, sensor and display connectivity technologies and products based on the Automotive SerDes Alliance (ASA) open standard for In-Vehicle Networking (IVN).
CSA Catapult opens new advanced packaging facility
April 11, 2024
A new GBP 1.6 million facility to help accelerate electrification across the UK has officially opened at the Compound Semiconductor Applications (CSA) Catapult in Newport, South Wales.
TT Electronics awarded contract with Kongsberg
April 11, 2024
TT Electronics' Fairford UK business has been awarded a new contract with Kongsberg Defence and Aerospace for the production of complex cable harness solutions.
Canada commits CAD 2.4bn to grow its AI sector
April 09, 2024
The federal government of Canada has agreed a financial package to boost the country's AI activity. It includes a new AI Compute Access Fund.
Polymatech and Orbray sign MoU on sapphire ingots
April 09, 2024
Chennai-headquartered Polymatech Electronics has agreed a deal with Japanese precision manufacturing firm Orbray to work together on sapphire wafer fabrication.
SolarEdge acquires EV charging startup Wevo Energy
April 05, 2024
Publicly listed US firm SolarEdge has bought the entire share capital of Wevo Energy to boost its presence in the commercial and industrial (C&I) segment.
Earthquake update: Taiwan's tech sector weathers the storm
April 04, 2024
Taiwan's wafer foundries and DRAM production remains unaffected following the earthquake that struck the island on April 3, 2024.
Its official: SK hynix to invest $3.87 billion in US plant
April 04, 2024
South Korean memory specialist SK hynix says that it will invest an estimated USD 3.87 billion in West Lafayette, Indiana to build an advanced packaging fabrication and R&D facility for AI products.
Hensoldt completes its acquisition of ESG
April 04, 2024
Sensor solutions provider Hensoldt has completed the acquisition of ESG Elektroniksystem- und Logistik-GmbH – which was agreed upon last year – with effect from 2 April 2024.
Intel foundry unit sees increased losses, turning the ship around
April 03, 2024
Intel Corporation has outlined a new financial reporting structure, aligned with the company’s previously announced foundry operating model for 2024 and beyond.
Schweizer: outlook for 2024 remains positive
March 29, 2024
The preliminary and unaudited results of the Schweizer Group confirm the completed turnaround in 2023. Sales rose to a record of EUR 139.4 million, exceeding expectations with an increase of 6.4%.
Altus hits record sales milestone with Koh Young Europe
March 28, 2024
Altus Group, a supplier of capital equipment for the electronics industry, has reached a significant milestone in partnership with Koh Young Europe (KYE). In 2023, Altus achieved its highest-ever annual sales figures for Koh Young inspection and measurement solutions.
Saab is planning a new manufacturing site in the US
March 28, 2024
Swedish defence company Saab says it will build a new advanced manufacturing facility and center of innovation for weapon systems in the US.
Camtek receives $25M order
March 26, 2024
Camtek has received a new order for approximately USD 25 million from a tier-1 HBM manufacturer, for the inspection and metrology of High Bandwidth Memory (HBM).
AT&S is prepared to benefit from the AI boom
March 26, 2024
The Austrian supplier of high-end PCBs and IC substrates is welcoming new customers from the AI sector with sustainable energy solutions for data centres. "Renewable energy and intelligently controlled, efficient data networks are the basis for sustainable economic growth,” says AT&S CEO Andreas Gerstenmayer.
Siemens to acquire business unit from ebm-papst
March 26, 2024
Siemens AG has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst.
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