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Foxconn to take 50% stake in Mitsubishi Electric’s automotive business

2026-10-17 eIndustry

Foxconn has reached a final agreement with Mitsubishi Electric to buy half of Mitsubishi Electric Mobility for JPY 115 billion (EUR 646.3 million). The two companies will then run the automotive equip…
» Evertiq

Inserito in: Uncategorized

India’s Vikram Solar secures 187 MW module supply order

eIndustry

Under the agreement, Vikram Solar will supply its high-efficiency N-Type TOPCon G12R modules, featuring glass-to-glass construction and bifacial technology, with power ratings ranging from 615–625 W…
» Evertiq

Inserito in: Uncategorized

300mm fab equipment spending set to reach $227 billion by 2029

2026-10-16 eIndustry

Global spending on 300mm front-end fab equipment is projected to rise 31% to USD 149 billion in 2026, according to SEMI. Equipment investment in the Americas is expected to more than double over the s…
» Evertiq

Inserito in: Uncategorized

ASML expects demand to outstrip supply in 2027 and 2028

eIndustry

ASML’s planned capacity for 2027 and 2028 will not fully meet customer demand, the company now says. ASML is therefore looking at ways to expand capacity beyond what it has already announced. Third-…
» Evertiq

Inserito in: Uncategorized

India’s Larsen & Toubro wins EPC orders worth over $1 billion

2026-10-15 eIndustry

In Saudi Arabia, the Power Transmission & Distribution (PT&D) business vertical of Indian multinational Larsen & Toubro (L&T) has won Engineering, Procurement and Construction (EPC) orders in the 380 …
» Evertiq

Inserito in: Uncategorized

Bosch sets up €100 million fund for German deep-tech startups

eIndustry

Bosch is launching a new venture fund, Spark, which will invest EUR 100 million in German startups. The focus is on deep tech in seed and early stages.
» Evertiq

Inserito in: Uncategorized

Comrod acquires TransOpto to add optical links to its defence portfolio

eIndustry

Norwegian communications company Comrod has acquired TransOpto in Kristiansand, which develops wireless optical data links. The technology gives defence customers an alternative to radio communication…
» Evertiq

Inserito in: Uncategorized

Varta’s consumer battery business spun off from insolvent parent

2026-10-14 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

Inserito 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

Inserito in: Uncategorized

TTM closes $1.1 billion acquisition of Epiq Solutions

2026-10-10 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

Inserito in: Uncategorized

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