Italian company Enel has closed the acquisition from Excelsior Energy Capital of a portfolio of solar plants located in the United States for a consideration of around USD 760 million.
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Eaton has agreed to acquire COL Group, an Italian maker of medium-voltage power distribution equipment, at an enterprise value of EUR 810 million. The deal expands Eaton’s European manufacturing capa…
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Founded in Shanghai in 2016, Puya Semiconductor supplies NOR Flash and EEPROM memories spanning a wide range of densities, voltage options, temperature grades, and package configurations for industria…
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Stellantis will temporarily halt production at three French and two Italian plants. At two of the factories, the direct cause is a shortage of batteries for electric vehicles, Reuters reported. The st…
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Finnish satellite company ICEYE and Nokia are partnering to develop broadband satellite communications systems in low Earth orbit (LEO) that governments can own and operate themselves. The first commu…
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CATL began trial production on 22 September at the first cell building of its battery plant in Debrecen, Hungary. Two production lines are now running as the Chinese battery maker prepares for series …
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EMS companies have been publishing mainly positive headlines related to growth and improving profitability. Even the most struggling companies, Lacroix and TT Electronics, are indicating a comeback af…
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North American PCB shipments rose 23.5% YoY in August, extending this year’s growth. New bookings, however, fell sharply after a strong July.
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Infineon Technologies has inaugurated a new backend manufacturing site in Samut Prakan, Bangkok. The site currently has one module but is designed to grow to five, which could make it one of Infineon…
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Dutch electronics group Metis Group has agreed to acquire German EMS provider Assmy & Böttger Electronic (A+B Electronic) from OWG. The deal marks Metis Group’s first expansion outside the Netherlan…
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