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SECO buys majority of China’s Qiyang and takes full control of Fannal

2026-11-04 eIndustry

Italian edge computing company SECO is strengthening its presence in Asia-Pacific with two deals in Hangzhou. It is acquiring 60% of edge computing hardware maker Qiyang Technology and buying out the …
» Evertiq

Posted in: Uncategorized

WATS signs S-EV Electronic Distribution as partner in Germany

eIndustry

WATS has added German distributor S-EV Electronic Distribution to its partner network. The partnership is meant to give WATS a stronger presence among German electronics manufacturers.
» Evertiq

Posted in: Uncategorized

LS Eco Energy to establish Vietnam base for producing ultracapacitors

eIndustry

The South Korean company announced that its Vietnamese manufacturing subsidiary, LSCV, will invest approximately KRW 65 billion (about USD 48.5 million) to construct ultracapacitors production facilit…
» Evertiq

Posted in: Uncategorized

Schaeffler to cut 3,460 jobs in Europe and close four German sites

eIndustry

Schaeffler is launching another performance improvement programme, which will cut a net 3,460 positions in Europe, around 2,660 of them in Germany. Five sites are to close, four of them in Germany. Th…
» Evertiq

Posted in: Uncategorized

Unimicron Germany enters voluntary liquidation

2026-11-03 eIndustry

Unimicron Germany in Geldern was dissolved on 1 November and is being wound down through voluntary liquidation. The company cites ongoing losses and a persistently difficult market, and says it is not…
» Evertiq

Posted in: Uncategorized

Panasonic Industry to invest ¥92 billion in AI-related capacity

eIndustry

Panasonic Industry will invest about JPY 92 billion (about EUR 520 million) to expand production of high-performance PCB materials and conductive polymer capacitors for AI servers, and to build a new …
» Evertiq

Posted in: Uncategorized

Bosch to set up dedicated semiconductor division, targets €5 billion in sales

eIndustry

Bosch will move its semiconductor business into a dedicated division from January 2028. The company aims to reach semiconductor sales of around EUR 5 billion by 2030, and plans to open up more of its …
» Evertiq

Posted in: Uncategorized

Benchmark adds second US site for Oxide Computer

eIndustry

US EMS provider Benchmark has expanded production for Oxide Computer Company to a second US site. The added capacity is meant to support Oxide as it scales up deployment of its rack-scale cloud comput…
» Evertiq

Posted in: Uncategorized

Europe wants European PCBs – the question is who commits first

eIndustry

Europe says it wants its PCB industry back. But when Vytautas Ilgūnas, CCO of TLT PCB, asks whether customers actually mean it, industry veteran Gene H. Weiner’s answer is blunt: “They say yes, b…
» Evertiq

Posted in: Uncategorized

onsemi to acquire Ferric for $600 million

eIndustry

onsemi has agreed to acquire US company Ferric, which develops integrated voltage regulators (IVRs) for AI processors, for USD 600 million in cash. Another USD 175 million could follow if Ferric reach…
» Evertiq

Posted in: Uncategorized

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