Ericsson accelerates 5G for Enterprise with acquisition of Cradlepoint
September 18, 2020Swedish telecom company, Ericsson, has agreed to acquire Cradlepoint, a US-based supplier of Wireless Edge WAN 4G and 5G Enterprise solutions.
TT expands its presence on the US aerospace and defense market
September 18, 2020TT Electronics says it will acquire Torotel, a US-based designer and manufacturer of high-reliability power and electromagnetic assemblies and components for the aerospace and defense markets.
Ford breaks ground on new electric F-150 plant
September 18, 2020Ford says it is deepening its commitment to American manufacturing. The company is doing with with the production start of the all-new F-150 at the storied Ford Rouge Center and confirming construction of the new Rouge Electric Vehicle Center where it will build the all-electric F-150 by mid-2022.
NOTE expects continued strong developments despite a weaker market
September 18, 2020For a long time, Swedish EMS provider NOTE has developed positively with increased market shares, strong organic growth and gradually increased margins. For the third quarter, the company expects a continued positive earnings trend.
Phoenix Contact E-Mobility factory is taking shape
September 18, 2020Phoenix Contact E-Mobility, together with industrial real estate company Panattoni, celebrated the completion of the first construction phase of its new electric mobility plant in Poland.
NA semi equipment industry posts August 2020 billings
September 18, 2020North America-based manufacturers of semiconductor equipment posted USD 2.65 billion in billings worldwide in August 2020 (three-month average basis), according to the August Equipment Market Data Subscription (EMDS) Billings Report published today by SEMI.
Vicor ink global distribution agreement with Arrow
September 18, 2020Vicor Corporation has expanded its Europe, Middle East and Africa relationship with Arrow Electronics, Inc. to a global distribution agreement.
MAHLE accelerates restructuring – thousands of jobs lost
September 17, 2020The current crisis related to the spread of the coronavirus intensifies urgency to act as the company does not expect the vehicle markets to return to pre-crisis levels for several years.
LG Chem says it will split its battery business.
September 17, 2020This will be a physical division in which LG Chem will possess all of the stocks issued by the new battery corporation and the company will possess 100% of the non-listed shares of the new corporation.
Osram raises its guidance for 2020
September 17, 2020The managing board of Osram Licht AG raised the guidance for the fiscal year 2020 today due to stronger business recovery in summer, in particular in August.
Hemlock Semiconductor acquires DuPont TCS business
September 17, 2020The Michigan-based provider of ultra-pure polycrystalline silicon announces its acquisition of a DuPont business that makes trichlorosilane (TCS), the primary raw material used in producing the ultra-pure polysilicon HSC supplies to the semiconductor and solar industries.
Jabil promotes May Yap to CIO
September 17, 2020EMS provider Jabil announces the promotion of May Yap to Senior Vice President and Chief Information Officer (CIO). She succeeds Gary Cantrell, who recently retired.
Incap expand capacity for the automotive industry
September 17, 2020The company expanded the production capacity of components for the automotive industry in Slovakia.
Sluggish server production in 4Q20 to be joined by decline in server DRAM prices
September 16, 2020Due to server ODMs’ higher-than-expected inventory of server barebones in 3Q20, additional server orders from the ODMs’ clients came to a screeching halt, therefore resulting in a QoQ decrease in overall server orders for the quarter, according to TrendForce’s latest investigations.
cms electronics is back to full speed
September 16, 2020Back in April, the Austrian EMS implemented measures to counter exceptional situation created by the pandemic and introduced short-time work. Now, a few months later, the company is back in full swing.
AMTE and InfraNomics sign MoU to produce lithium cells in Australia
September 16, 2020Battery cell manufacturer, AMTE Power, and infrastructure specialist InfraNomics, have signed a Memorandum of Understanding (MOU), to evaluate the technical and commercial viability of establishing lithium ion cell manufacturing facilities in Western Australia, servicing the energy storage market.
Fire broke out at Unimicron’s Kunshan operations
September 16, 2020At about 10:50 am on September 7th, a fire occurred at the PCB company’s China subsidiary, Unimicron Technology (Kunshan) Corp.
IEC adds additional capacity - buys Rochester, NY facility
September 16, 2020The US EMS provider says that it has entered into an agreement to purchase an 86'000 square foot facility in Rochester, New York.
Intervala to manufacture PCBAs for Muth Mirror Systems
September 15, 2020Full-service manufacturer, Intervala, has been selected by new customer Muth Mirror Systems to produce custom, highly engineered printed circuit board assemblies (PCBAs) for Muth’s mirror-based safety technology solutions.
Etama to handle industrial robots in the Baltics for YamahaLoad more news
September 15, 2020Yamaha Motor Europe Factory Automation section, continues to extend its European sales and support by adding Etama to its network. The company will distribute Yamaha industrial robots in Lithuania, Latvia, and Estonia.