Foxconn names Kathy Yang as rotating CEO, first woman to hold the role
April 03, 2025
EMS provider Foxconn (Hon Hai Technology Group) has appointed Kathy Yang Chiu-chin as its rotating Chief Executive Officer, marking a significant leadership transition.
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LG Display’s Guangzhou LCD plant officially transferred to CSOT
April 03, 2025
LG Display’s Guangzhou Gen 8.5 LCD line has officially transferred to CSOT and been renamed “T11”. CSOT will now own two Gen 6, four Gen 8.5, one Gen 8.6, and two Gen 10.5 LCD production lines with this acquisition.
Wingtech sells key assets to Luxshare, shifts focus to semiconductors
April 03, 2025
Wingtech Technology Co., Ltd. has announced plans to divest major assets in a strategic move to exit the product integration business (its ODM business) and focus on semiconductors. The company disclosed the proposed transaction in a filing with the Shanghai Stock Exchange.
Evertiq Expo Tampere sets new visitor record for 2025
March 31, 2025
The Evertiq Expo in Tampere on March 27, 2025, proved to be a resounding success, setting a new visitor record as industry professionals from across the electronics sector gathered for a day devoted to the Finnish electronics industry.
Vishay to make $320M investment in UK’s largest chip factory
March 28, 2025
This investment by US firm Vishay Intertechnology at its Wales foundry is expected to generate over 500 high-value jobs and enhance production of semiconductors that play a key role in EV technology.
Xtend AI, AMS-India team up to develop healthcare service robots
March 27, 2025
Backed by the Government of Israel and the Karnataka Digital Economy Mission, the partnership seeks to improve access to healthcare, generate employment, and bolster trade relations.
India ends import duty on items needed to make EV batteries, phones
March 26, 2025
India will exempt from import duty 35 items used to make EV batteries and 28 items used in mobile phone manufacturing. The move comes amid talks between India and the US to resolve tariff issues.
Malaysia under US pressure to stem flow of Nvidia chips to China
March 24, 2025
Malaysia’s trade minister said the US wanted Malaysia to closely track the movement of cutting-edge Nvidia chips that enter the country amid suspicions that many are ending up in China, FT reports.
EU trade chief suggests tech transfers in exchange for Chinese EV investment
March 21, 2025
EU trade chief Maros Sefcovic has suggested ahead of an official visit to Beijing that technology transfer should be a condition of Chinese investment in Europe’s EV industry.
European Union launches investigation into Chinese EV subsidies
March 21, 2025
The EU has initiated a probe into unfair Chinese subsidies of a Hungarian EV manufacturing plant.
Battery technology market to reach $137 billion by 2031
March 21, 2025
Asia Pacific is the largest market for battery tech with a share of 50%, followed by Europe and North America. In terms of products, lead-acid battery is the largest segment with a share of 55%.
The electronics market in Europe – what needs to happen?
March 20, 2025
The EU Chips Act was introduced in several phases to the wider public from 2021 onwards and, following approval by the European Parliament and the Council, the regulation came into force on 21 September 2023.
Future Electronics opens a new office in Guadalajara
March 18, 2025
Electronic component distributor Future Electronics has opened a new branch office in the Guadalajara World Trade Center, expanding its Latin American operations.
Fabs on hold, jobs on the line – welcome to 2025
March 18, 2025
The first quarter of 2025 has been marked by turbulence in the electronics and semiconductor industry, with waves of layoffs, stalled investments, and shifting trade policies reshaping the landscape. The year began with cautious optimism, but that optimism has quickly faded.
Zetwerk inaugurates manufacturing facility in Tamil Nadu, mulls IPO
March 18, 2025
The electronics manufacturing plant will produce components for sectors like consumer durables and IT hardware. The Indian company raised USD 90 million at a valuation of USD 3.1 billion last year.
After Northvolt's collapse: national action needed to protect production
March 12, 2025
The news of battery manufacturer Northvolt’s bankruptcy hit Sweden hard, but maybe hardest of all it hit the northern city of Skellefteå – the city where its Gigafactory is located.
5,000 jobs at risk as Swedish battery giant files for bankruptcy
March 12, 2025
The Swedish battery manufacturer Northvolt has officially filed for bankruptcy in Sweden. The company says that it reached the decision following an "exhaustive effort to explore all available means to secure a viable financial and operational future for the company."
HPE to cut 2,500 jobs as tariffs rock the market
March 11, 2025
Hewlett Packard Enterprise (HPE) announced plans to lay off 5% of its global workforce, approximately 2,500 employees, as part of a cost-saving initiative projected to yield USD 350 million in gross savings by fiscal 2027.
Global Semiconductor sales increase 17.9% YoY in January
March 11, 2025
Global semiconductor sales hit USD 56.5 billion during the month of January 2025, an increase of 17.9% compared to the January 2024 total of USD 47.9 billion but 1.7% less than the December 2024 total of USD 57.5 billion, reports the Semiconductor Industry Association (SIA).
Foundry market hits $38.5B as top 10 dominate with 96% share
March 11, 2025
The global foundry industry reached a new revenue record of USD 38.48 billion in Q4 2024, driven by strong demand for advanced process nodes in AI servers, flagship smartphone application processors, and new PC platforms, reports TrendForce. The top 10 foundries achieved nearly 10% QoQ revenue growth, despite weakening demand for mature process technologies.
Alkaline battery market to reach $14.3B by 2033
March 10, 2025
AA (LR6) and AAA (LR03) batteries remain the most dominant sizes, powering everything from household gadgets like remote controls and flashlights to industrial tools and medical devices.
South Korea plans $34B fund for strategic sectors like chips, AI
March 07, 2025
The state-run Korea Development Bank’s 50 trillion won (USD 34.37 billion) fund will be offered to firms in national strategic industries through cheap loans and other investments.
US to hold over 20% of advanced chip capacity by 2030
March 06, 2025
The US is projected to hold 22% of global advanced semiconductor manufacturing capacity by 2030, driven by TSMC’s expanded investment in US production, according to TrendForce. TSMC has increased its total investment in its US operations to USD 165 billion, with three newly planned fabs set to begin mass production after 2030.
Toyota teams up with Japanese oil giant to build all-solid-state EV batteries
March 03, 2025
Japanese automaker Toyota has teamed up with the oil giant Idemitsu Kosan to construct a large-scale lithium sulfide plant to supply raw materials for Toyota’s all-solid-state EV battery production line.
Supply chain reset – from excess to equilibrium
February 27, 2025
The global electronic component supply chain is expected to transition from excess inventory to a more balanced demand environment in 2025, according to a recent report from independent distributor Fusion Worldwide.
SUMCO to end wafer production at Miyazaki plant amid market shifts
February 20, 2025
Japanese silicon wafer manufacturer SUMCO says it will stop 200mm wafer production at the Miyazaki plant by 2026
AI demand and production cuts to boost NAND prices in 2H25
February 19, 2025
The NAND Flash market remains oversupplied in early 2025, keeping prices low and pressuring suppliers. However, TrendForce predicts a rebound in the second half as AI-driven demand rises and production slows.
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Arrow Electronics at embedded world 2025
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Allianz UK warns of EV battery fire dangers after multi-million-pound insurance claims
February 14, 2025
Allianz UK is warning auto manufacturers and dealerships about the risks of EV battery fires, which, after multiple incidents, resulted in more than £6.5 million in successful insurance claims.
Saab opens advanced UK manufacturing facility
February 12, 2025
Swedish aerospace and defence company Saab has officially opened a new advanced manufacturing facility in Fareham, Hampshire, UK.
Global semiconductor sales increase 19.1% in 2024
February 11, 2025
Global semiconductor sales hit USD 627.6 billion in 2024, an increase of 19.1% compared to the 2023 total of USD 526.8 billion, reports the Semiconductor Industry Association (SIA).
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