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EiNDUSTRY

Apple to build new campus in Austin – invests $1 billion

Posted on December 15, 2018

The Cupertino company has announced a major expansion of its operations in Austin, including an investment of USD 1 billion to build a new campus in North Austin.
» Evertiq

Samsung’s USD 46.8bn match Intel and TSMC’s combined USD 48.4bn

Posted on December 15, 2018

Samsung is expected to have the largest capex budget of any IC supplier again in 2018. After spending USD 24.2 billion for semiconductor capex in 2017, IC Insights forecasts that Samsung’s spending ...
» Evertiq

Bosch expands US operations – investing $45M in facility

Posted on December 13, 2018

Boschis expanding its existing operations in Anderson County, South Carolina. To accommodate the company’s continued growth, Bosch is investing an additional USD 45 million.
» Evertiq

SIX investigates Cicor after information leak

Posted on December 13, 2018

Cicor Technologies announces that SIX Exchange Regulations is opening investigation in connection with a possible information leak relating to the publication of its half-year report 2018, caused by a...
» Evertiq

Daimler is a ‘big spender’ when it comes to battery cells

Posted on December 13, 2018

Daimler is investing EUR 10 billion in the expansion of the Mercedes-Benz Cars electric fleet and an additional EUR 1 billion in its global battery production network.
» Evertiq

SMA to restructure its global workforce – 425 jobs to go

Posted on December 13, 2018

The Managing Board of SMA Solar Technology AG says that it presented the restructuring measures announced in September to the employees.
» Evertiq

QuEST Global expands in Greater Cincinnati

Posted on December 12, 2018

Engineering services provider, QuEST Global, says that it plans to strengthen its presence in Sharonville, Ohio. The company intends to add more than 60 new jobs in the State of Ohio with USD 3.9 mill...
» Evertiq

Volex Group acquires GTK

Posted on December 12, 2018

Global provider of cable assemblies, Volex announces that it is acquiring GTK (Holdco) Ltd.
» Evertiq

ABB confirms talks with Hitachi

Posted on December 12, 2018

Reports that power and automations company ABB is negotiating with Hitachi regarding the sale of its Power Grid business have been floating around during the day. ABB now confirms that it is indeed ta...
» Evertiq

Samsung reportedly suspending operations at China plant

Posted on December 12, 2018

South Korean electronics giant Samsung Electronics will reportedly suspend operations at its Tianjin, China mobile phone manufacturing facility.
» Evertiq