Ericsson to cut 1,200 jobs in Sweden
March 26, 2024
The Swedish telecom company has announced that it will lay off about 1,200 employees in Sweden as the company looks to cut costs.
India approves first semiconductor fab
March 01, 2024
The Indian government has rubber stamped a $15.2 billion budget to build three new semiconductor plants, including the country's first 12-inch wafer fab.
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HCLTech and Intel Foundry expand collaboration
February 22, 2024
Technology company HCLTech is expanding its collaboration with Intel Foundry to co-develop customised silicon solutions for semiconductor manufacturers, system OEMs and cloud services providers.
The state of the electronic component Industry
February 13, 2024
Independent distributor of electronic components and products, Fusion Worldwide, has provided Evertiq with a comprehensive look at the state of the electronic component industry through "Fusion Worldwide's 2024 Report."
Fabless startup Rebellions closes $124m Series B
February 06, 2024
South Korea's Rebellions has raised a significant new capital fund and will now start work on its third AI chip, Rebel.
Enablence and Polar Semiconductor form strategic partnership
January 22, 2024
The two North American companies will come together to develop optical semiconductors for transceiver customers all over the world.
Nokia to invest €360M in German hardware and chip design
January 17, 2024
Finnish telecom company Nokia says it plans to invest EUR 360 million in software, hardware and chip design at its Ulm and Nuremberg sites in Germany.
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.
Nokia to sell businesses to Lumine Group
January 04, 2024
Nokia has reached an agreement under which Lumine Group Inc. will buy the Finnish company's Device Management (DM) and Service Management Platform (SMP) businesses.
T-Hub unveils backing for 10 semiconductor startups
November 24, 2023
Indian incubator T-Hub has confirmed the list of companies to make its 'semiconductor cohort 2'.
Nvidia sees strong cloud AI demand, but challenges in China
November 23, 2023
Nvidia's most recent FY3Q24 financial reports reveal record-high revenue coming from its data centre segment, driven by escalating demand for AI servers from major North American CSPs. However, TrendForce points out that recent US government sanctions targeting China have impacted Nvidia's business in the region.
Inission names new CEO for Stockholm and Västerås operations
November 21, 2023
Ari Kemppainen has been named the new CEO of Inission Stockholm AB with operations in Järfälla and Västerås.
NCAB acquires Spanish PCB supplier
October 31, 2023
Swedish PCB supplier NCAB Group has signed an agreement to acquire 100%t of the shares in Electronic Advanced Circuits S.L. based in Madrid, Spain. At the same time, the company is also establishing a new entity in Portugal.
Reliance to buy Tower Semiconductor? Rumours persist
October 20, 2023
Online reports say Indian conglomerate Reliance Industries is planning a bid for Israeli company Tower Semiconductor.
Mass layoffs awaits at Nokia
October 19, 2023
The Finnish telecom company says that it is resetting its cost base to protect profitability. Part of this includes trimming the company to a 72,000 – 77,000 employee organisation, compared to the 86,000 employees Nokia has today.
The Polish electronics industry is anything but static
October 17, 2023
There’s been a lot of movement within the Polish electronics industry during the year. Evertiq has listed some of the bigger events that have taken place in the country during 2023.
Nokia opens 6G Lab in India
October 05, 2023
Finnish telecom company Nokia says that it has established a 6G Lab at its Global R&D center in Bangalore, India. The first-of-its-kind project aims to accelerate the development of fundamental technologies and use cases underpinned by 6G technology.
Nokia joins CHIPS Act funded innovation hub
September 29, 2023
Nokia says it will join a new innovation hub that seeks to expand the U.S. global position in microelectronics technical development.
Q2 revenue for top 10 IC design houses surge 12.5%
September 21, 2023
Fueled by an AI-driven inventory stocking frenzy across the supply chain, TrendForce reveals that Q2 revenue for the top 10 global IC design powerhouses soared to USD 38.1 billion, marking a 12.5% quarterly increase.
MPS opens Its design Center in Portugal
September 05, 2023
Monolithic Power Systems (MPS), a supplier of high-performance power solutions, is opening its design center in Porto, Portugal.
discoverIE completes its acquisition Silvertel
August 31, 2023
Group plc, a designer and manufacturer of customised electronics to industry, has completed its acquisition of Silver Telecom Limited.
Nolato to concentrate its Chinese operations
August 25, 2023
Nolato's Integrated Solutions business area has reached the decision to concentrate its Chinese operations, a decision that will result in a reduction of around 500 employees at its Beijing plan.
Ericsson and Huawei renew patent license agreement
August 25, 2023
Swedish telecom company Ericsson and China's Huawei have renewed a multi-year global patent cross-licensing agreement.
Germany wants Huawei out of its networks, no matter the costs
August 22, 2023
In a shift from the country's position just a few years ago, Germany is committed to removing any technologies from its telecommunications networks that could pose security concerns, regardless of cost.
Nokia expands manufacturing in the U.S.
August 21, 2023
Nokia says it will become the first telecom vendor to manufacture fiber broadband optical modules in the U.S.
Renesas to acquire cellular IoT technology company Sequans
August 07, 2023
Renesas and Sequans Communications have entered into a memorandum of understanding, under which Renesas will – following consultation of the Sequans’ works council – commence a tender offer to acquire all outstanding ordinary shares of Sequans.
DiscoverIE acquires Silver Telecom for £21m
August 02, 2023
UK-based DiscoverIE Group has added high-speed internet module specialist Silvertel to its family of companies.
ASP of NAND Flash to continue falling 3~8% in 3Q23
July 07, 2023
TrendForce reports that OEMs have continued making concerted efforts to scale back production. However, given that the trajectory of market demand is still unclear, it’s expected that the NAND Flash market will continue to be in a state of oversupply in 3Q23.
Ericsson invests €155 million to build new European manufacturing and technology hub
July 06, 2023
Swedish telecom company Ericsson says that it plans to build a next-generation smart manufacturing and technology hub in Tallinn, Estonia.
Sercomm opens new manufacturing facility in Mexico
July 06, 2023
Sercomm Corporation, a telecom and broadband equipment manufacturer, has unveiled its new manufacturing facility in Tijuana, Mexico.
ABB and China Telecom open joint digitalisation and industrial IoT lab
June 19, 2023
ABB and China Telecom have opened a joint digitalisation and industrial IoT laboratory in Hangzhou, China.
Wireless Telecom Group to sell the company to Maury Microwave
May 26, 2023
Test & measurement solutions provider, Wireless Telecom Group, Inc. (WTT), has entered into a definitive merger agreement to be acquired by Maury Microwave in an all-cash transaction.
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