Murata Electronics (India), a subsidiary of Murata Manufacturing, has signed an agreement to lease a factory in Tamil Nadu, India.
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The oversubscribed round included new investors Swisscom Ventures, East Bridge, EDOM, Grazia, Hokuyo Inc. and TSVC, as well as support from existing investors such as Gates Frontier.
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The EMS industry experiences high volatility due to shorter product life cycles, increased variations, and ongoing miniaturization of components. To tackle these challenges with enhanced flexibility a…
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Continental has announced plans to reduce its global research and development (R&D) workforce by approximately 3,000 positions by the end of 2026. The decision is part of a broader strategy to enhance…
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Infineon Technologies has secured European Commission approval for funding under the EU Chips Act. This investment will advance its Smart Power Fab in Dresden, strengthening Europe’s semiconductor in…
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Norwegian EMS provider Kitron posted fourth-quarter 2024 results demonstrating resilience in a fluctuating market.
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The global semiconductor manufacturing industry closed 2024 with strong fourth-quarter results and solid YoY growth across most of the key industry segments, SEMI reports.
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TE Connectivity has entered into a definitive agreement to acquire Richards Manufacturing Co. from Oaktree Capital Management and the Bier family. The USD 2.3 billion all-cash transaction is set to st…
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Japanese silicon wafer manufacturer SUMCO says it will stop 200mm wafer production at the Miyazaki plant by 2026
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Cambridge GaN Devices (CGD) has successfully raised $32 million in a Series C funding round, led by a strategic investor with contributions from British Patient Capital and existing backers. This fund…
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