PCB manufacturer TTM Technologies has officially opened its first manufacturing plant in Penang, Malaysia with an investment of USD 200 million (approximately MYR 958 million).
» Evertiq
Auto parts maker Hyundai Mobis is starting the construction of a new plant in Spain. The new electric vehicle battery system plant will serve as a dedicated facility supplying Volkswagen.
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Embedded systems specialist Toradex announces that it has acquired Linear Computing Inc. (LCI).
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Backed by official support and continued industry investments, China’s total chip production reportedly surged by 40% during the first quarter of 2024 – reaching 98.1 billion units.
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Swedish Mycronic has received a replacement order for a Prexision 80 Evo from an unnamed, but existing customer in Asia.
» Evertiq
SK hynix says that it plans to expand production capacity of the next-generation DRAM, including HBM, in response to the rapidly increasing demand for AI semiconductors.
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Nokia’s first Buy America-compliant products have rolled off the Sanmina manufacturing line at the EMS providers facility in Kenosha County, Wisconsin.
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In an update, Thales says that expanding its circuit board production at the transport site in Arnstadt, Germany.
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DigiKey has expanded its product portfolio through a strategic global distribution partnership with 3PEAK, a high-performance developer of semiconductor technology.
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Global distributor of electronic components, Chip 1 Exchange, is expanding its leadership team with the addition of Behzad Monfared as Executive Vice President.
» Evertiq