Teledyne Technologies has completed the acquisition of select aerospace and defense electronics businesses from Excelitas Technologies for approximately USD 710 million.
» Evertiq
The European Commission has approved a EUR 48 million French state aid package to support Envision AESC France in establishing a lithium-ion battery factory in Douai.
» Evertiq
President Donald Trump is escalating his trade war, imposing new tariffs on key US trading partners, with the European Union now in his sights.
» Evertiq
Exchange-traded fund provider VanEck believes 2025 is set to be another “transformative year” for the semiconductor industry.
» Evertiq
Each member of Scania’s staff is supposed to be paired with a Northvolt shift manager or team leader to coach teams and drive improvements and implement standards, the Reuters report said.
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Led by the University of Vermont (UVM), the semiconductor manufacturer GlobalFoundries and the state of Vermont, the V-GaN Tech Hub is part of a nationwide system of 31 tech hubs.
» Evertiq
The South Korean company’s chip business showed a 2.9 trillion won operating profit due to the tech giant’s slow transition to HBM chips specialized for AI processors.
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The new export controls, which are scheduled to come into effect at the end of May, include curbs on cutting-edge chips, lithography equipment and cryocoolers needed to make quantum computers.
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Mobile handsets, IT and industrial applications together account for around 70% of the Indian chip industry’s revenue and will continue to be the main growth drivers.
» Evertiq
In a promising breakthrough for energy storage technology a Chinese team has developed a new Lithium-air battery that achieves 960-hour life, and 95.8% efficiency
» Evertiq