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Varta’s consumer battery business spun off from insolvent parent

2026-10-13 eIndustry

Varta Consumer Batteries will once again operate as an independent company after Germany’s Federal Ministry for Economic Affairs approved its spin-off from the insolvent Varta AG group. The lenders …
» Evertiq

Posted in: Uncategorized

Applied Materials opens $5 billion EPIC Center in Silicon Valley

eIndustry

Applied Materials has unveiled its EPIC Center in Sunnyvale, California, where chipmakers, equipment suppliers and universities will develop new semiconductor processes alongside the company’s own e…
» Evertiq

Posted in: Uncategorized

Nokia to sell private wireless business to Aurelius

eIndustry

Nokia is selling Enterprise Campus Edge, its private wireless and industrial edge business, to investment firm Aurelius. The divestment is another step in Nokia’s strategy to concentrate its resourc…
» Evertiq

Posted in: Uncategorized

Kongsberg to build counter-drone factory in Poland

eIndustry

Kongsberg will build a factory in Poland to manufacture and maintain systems against unmanned aerial vehicles. The PLN 200 million investment is expected to create more than 100 jobs, with serial prod…
» Evertiq

Posted in: Uncategorized

TTM to invest $400 million in AI PCB capacity in China and Malaysia

eIndustry

TTM Technologies is putting another USD 400 million into expanding production of advanced PCBs for AI data centres. Rather than building new plants, the company will expand four existing facilities in…
» Evertiq

Posted in: Uncategorized

Aequs signs supply agreements with Safran for aerospace applications

eIndustry

The awards cover the machining of superalloy parts, along with the supply of complex machining coating and assembly of landing gear components for the Airbus A320, A330, A350 and Boeing 787 programs.
» Evertiq

Posted in: Uncategorized

SEL to invest more than $500 million in US manufacturing

eIndustry

Schweitzer Engineering Laboratories is investing more than USD 500 million in new plants, production equipment and staff across four US states. The goal is to raise its output of electronic devices by…
» Evertiq

Posted in: Uncategorized

Universal Quantum raises over $100M to scale quantum computing

2026-10-12 eIndustry

The new capital is expected to drive the continued development and commercialisation of the UK-based company’s modular approach to building the quantum computers needed for practical, error-correcte…
» Evertiq

Posted in: Uncategorized

Lam Research opens its largest US warehouse

eIndustry

Lam Research has gathered all of its logistics operations in California under one roof in Livermore. At the heart of the new hub is an automated storage system that retrieves parts in under 30 seconds…
» Evertiq

Posted in: Uncategorized

TTM closes $1.1 billion acquisition of Epiq Solutions

2026-10-09 eIndustry

Six weeks after the deal was announced, TTM Technologies has completed its acquisition of the software-defined radio maker. TTM now says explicitly that the purchase will dilute its earnings per share…
» Evertiq

Posted in: Uncategorized

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