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Struggling US chipmaker Wolfspeed files for bankruptcy

2025-07-01 eIndustry

Upon emergence from the process, it expects to have reduced its overall debt by about 70%, representing a reduction of USD 4.6 billion and a reduction of its annual total cash interest payments by app…
» Evertiq

Posted in: Uncategorized

Astroscale opens new headquarters and R&D lab in Toulouse

eIndustry

The new site will enable the company to scale its R&D, grow its supply chain, and deepen collaboration with Centre National D’Etudes Spatiales (CNES), the French Space Command, the European Space …
» Evertiq

Posted in: Uncategorized

Zollner completes full acquisition of Bluechips Microhouse

eIndustry

German EMS provider Zollner Elektronik has completed its full acquisition of Thailand-based electronics manufacturer Bluechips Microhouse. Bluechips will now operate as part of the Zollner Group, unde…
» Evertiq

Posted in: Uncategorized

Oracle, AMD partner to enhance performance for AI and agentic workloads

eIndustry

Oracle will offer zettascale AI clusters accelerated by the latest AMD Instinct processors with up to 131,072 MI355X GPUs to enable customers to build, train, and inference AI at scale.
» Evertiq

Posted in: Uncategorized

Compal’s new automotive electronics facility in Poland stands ready

eIndustry

Taiwanese electronics manufacturer Compal Electronics has completed the first phase of its new automotive electronics facility in Czeladź, Silesian Voivodeship, Poland, marking a key step in the comp…
» Evertiq

Posted in: Uncategorized

Inission acquires Lithuanian EMS provider Selteka

eIndustry

Swedish EMS provider Inission continues to expand, this time through the acquisition of Lithuanian EMS provider UAB Selteka.
» Evertiq

Posted in: Uncategorized

GE Aerospace, Kratos expand small engine portfolio

eIndustry

The new teaming agreement expands on an earlier MOU and provides the framework for the two companies to develop, manufacture, test, and field the GEK800 Engine, as well as collaborate on other low-cos…
» Evertiq

Posted in: Uncategorized

Meter raises $170 million in Series C funding

eIndustry

Meter delivers reliable, secure and scalable internet, Wi-Fi, and cellular connectivity for the enterprise. The company built networking infrastructure from the ground up: enterprise hardware, firmwar…
» Evertiq

Posted in: Uncategorized

Rigaku expands production facilities for semiconductor market

2025-06-30 eIndustry

With the current expansion in production capacity, Rigaku has doubled the floor space of its assembly and inspection areas. The recent completion of a production facility in Yamanashi Prefecture boost…
» Evertiq

Posted in: Uncategorized

OQC, Kvantify announce project to enhance battery innovation

eIndustry

The project, named CoaxChem to signify the collaboration of OQC’s patented Coaxmon architecture and Kvantify’s quantum chemistry capabilities, aims to co-develop a novel quantum chemistry software…
» Evertiq

Posted in: Uncategorized

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