SOS LAB completes series A+, inks MOU with ON Semi
May 21, 2020LiDAR sensor maker SOS LAB has secured series A+ investment funding of USD 8 million as of April.
Current pandemic slows down business development in German component distribution
May 19, 2020German 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.
As DRAM market enters period of price hikes, revenue drops
May 13, 2020The DRAM market has changed from falling prices and rising shipment to rising prices and falling shipment, says DRAMeXchange, a research division of TrendForce.
Intel invests $132 million in 11 technology startups
May 13, 2020Intel, via its investment arm Intel Capital, is investing a total of USD 132 million in 11 technology startups involved in everything between artificial intelligence (AI), autonomous computing to chip design.
Next Biometrics receives order from new US partner
May 13, 2020Norwegian biometrics specialist, Next Biometrics, has received an initial purchase order for its FAP 20 sensor from Credence ID, a US based provider of mobile biometrics and credential reading devices.
Palomar Technologies responds to urgent manufacturing to address COVID-19
May 08, 2020Palomar Technologies says that the company has seen an increase in requests from customers manufacturing critical components needed to address the COVID-19 crisis.
Next generation Volvo cars to be powered by Luminar LiDAR
May 07, 2020Volvo Cars is partnering with tech firm Luminar to provide their LiDAR and perception technology for Volvo’s next generation cars.
Azoteq signs distribution agreement for Europe witht Endrich
May 06, 2020Sensor fusion specialist, Azoteq, announces that it has signed a distribution agreement for Europe with their new distributor partner, Endrich.
European semiconductor sales up 5.7% from previous quarter
May 05, 2020European semiconductor sales grew by 5.7% in the first quarter 2020 compared to the previous quarter reaching USD 10.172 billion, says the European Semiconductor Industry Association (ESIA).
Precision Micro ramps up production of critical ventilator components
May 05, 2020As a supplier for the manufacture of parts for medical equipment, photo chemical etching company Precision Micro, has seen a six-fold increase in sensors and valve parts which are essential in ventilators.
Chinese investment fund invests in Swedish sensor company
May 04, 2020JonDeTech Sensors and the Chinese tech-fund Jiuyou Fund signed a term sheet regarding a directed issue of SEK 40 million (EUR 3.69 million) with a subscription period up until April 30, 2020. Jiuyou Fund now confirms the investment through binding agreement.
Proxy lassos smart ring maker Motiv
April 28, 2020San Francisco-based digital identity specialist Proxy Inc. has acquired the entire technology portfolio and patents of smart ring-maker Motiv.
STMicro sees revenue increase YoY - but tumbles QoQ
April 28, 2020STMicroelectronics reported net revenues USD 2.23 billion for the first quarter ended March 28, 2020. The operating margin stood at 0.4%, while net income was reported to be USD 192 million.
Acconeer and Alps Alpine enter joint development agreement
April 27, 2020Swedish radar sensor company, Acconeer, says that it has entered into a joint development agreement with Alps Alpine, to develop next generation patented Pulse Coherent sensors.
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