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…
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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…
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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…
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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.
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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…
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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…
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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…
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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…
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LG Electronics USA has signed a major supply agreement with AIR Control Concepts (AIR). Under the agreement, LG will supply advanced chillers supporting large-scale AI data center projects exceeding 5…
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Nokia is planning to cut up to 253 positions in Finland. The company wants to reduce costs and redirect resources towards areas such as defence, AI and data centres.
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