ALLPCB’s new SMT factory has launched production
May 26, 2020
On May 10 2020, ALLPCB’s new – self-operated – SMT factory in Guangde, Anhui Province, China was officially put into production.
COVID-19 highlights the gravity of the secondary market for SME
May 26, 2020
Cha Jin-Seok, Chief Financial Officer of SK Hynix, said it best in the company’s Q1 earnings call, “Because of a never experienced pandemic, even basic business activities such as maintaining normal operations and predicting future demand have become challenging tasks.”
Rolls-Royce takes heavy hit from COVID-19 – reduces workforce by 9000
May 25, 2020
The impact of COVID-19 on Rolls-Royce and the whole of the aviation industry is unprecedented. RR has already taken action to strengthen the financial resilience of its business and to reduce cash expenditure in 2020. However, this will not be enough.
Data Link Solutions to provide MIDS cabinet terminals to US Navy
May 25, 2020
The U.S. Navy has awarded a USD 3.2 million production contract to Data Link Solutions (DLS), a joint venture between BAE Systems and Collins Aerospace, for new Multifunctional Information Distribution System (MIDS) cabinet terminals.
Rebound Electronics expands in Asia
May 22, 2020
The independent supplier of electronic components says it is investing to increase its market coverage in Asia with the opening of several new offices and setting up a customer service & telesales centre.
AWS Electronics to wear the Incap name
May 22, 2020
Following the acquisition of AWS Electronics Group by Incap Corporation in January 2020, the company's units in the UK and Slovakia will now be trading as Incap Electronics UK Ltd. and Incap Electronics Slovakia s.r.o.
Samsung expands foundry capacity with new production line
May 22, 2020
Samsung Electronics says that it plans to boost its foundry capacity at the company's new production line in Pyeongtaek, Korea, to meet growing global demand for extreme ultraviolet (EUV) solutions.
SOS LAB completes series A+, inks MOU with ON Semi
May 21, 2020
LiDAR sensor maker SOS LAB has secured series A+ investment funding of USD 8 million as of April.
Ynvisible acquires electrochromic display company rdot
May 20, 2020
Printed electronics specialist, Ynvisible Interactive, announces that it will acquire the printed electrochromic displays business of rdot AB of Gothenburg, Sweden.
Manz receives follow-up order for display production equipment
May 20, 2020
Manz says it has received an order with a total volume in the low double-digit million euro range for display production equipment.
Flex taps new leadership for automotive business
May 19, 2020
Flex has named Mike Thoeny, president, Automotive Business Group, effective June 1, 2020.
Seoul Semi files patent suit against automotive LED light distributor
May 19, 2020
Seoul Semiconductor says it has filed a patent infringement lawsuit in the United States District Court for the District of New Jersey against Onyx Enterprise Int’l Corp., a distributor of automotive components.
Current pandemic slows down business development in German component distribution
May 19, 2020
German distribution of electronic components (according to FBDi e.V.) continues to decline in the first quarter of 2020. The order situation improves slightly, at a low level. The FBDi calls for future-oriented course-setting and investments in infrastructure.
VisIC partners with ZF for next-gen EV Inverters
May 18, 2020
ZF Friedrichshafen AG and VisIC Technologies Ltd., are partnering to create the next generation of high-performance and high-efficiency electric drivelines for vehicles.
IPC: health of EMS industry germane to success of U.S. economy
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May 15, 2020
IPC’s recently published report, The Economic Impacts of the U.S. Electronics Manufacturing Sector, confirms the robust role that electronics manufacturing plays in the U.S. economy, as well as the impacts of COVID-19 that manufacturers and suppliers are most concerned about.
