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DigiKey to invest $100 million in distribution expansion amid 50% growth

2026-10-15 eIndustry

DigiKey is putting USD 100 million over the next 18 months into expanding its distribution centre in Thief River Falls, Minnesota, and its order management system. The component distributor expects to…
» Evertiq

Posted in: Uncategorized

XIVER adds ASML DUV lithography to its Eindhoven foundry

eIndustry

Dutch specialty foundry XIVER has acquired an ASML PAS 5500 DUV lithography tool to make finer structures for photonic and semiconductor devices. The tool is expected to be in operation in 2027.
» Evertiq

Posted in: Uncategorized

Skeleton Technologies raises Siemens-led round to expand US production

eIndustry

Supercapacitor maker Skeleton Technologies has raised a new investment round led by Siemens, valuing the company at more than USD 1 billion. The money will mainly go towards building up manufacturing …
» Evertiq

Posted in: Uncategorized

India’s Larsen & Toubro wins EPC orders worth over $1 billion

eIndustry

In Saudi Arabia, the Power Transmission & Distribution (PT&D) business vertical of Indian multinational Larsen & Toubro (L&T) has won Engineering, Procurement and Construction (EPC) orders in the 380 …
» Evertiq

Posted in: Uncategorized

Vietjet Air expands contract with RTX’s Collins Aerospace

eIndustry

Under the expanded contract, FlightSense, a full-lifecycle support program powered by Collins’ Ascentia analytics platform, will deliver guaranteed component availability, reduced downtime and cost …
» Evertiq

Posted in: Uncategorized

GlobalFoundries to operate two Japan-funded fabs in New York

eIndustry

GlobalFoundries has been selected to operate two new fabs at its site in Malta, New York, financed by Japan through up to USD 21 billion under the US-Japan trade agreement. In a separate agreement, th…
» Evertiq

Posted in: Uncategorized

Comrod acquires TransOpto to add optical links to its defence portfolio

2026-10-14 eIndustry

Norwegian communications company Comrod has acquired TransOpto in Kristiansand, which develops wireless optical data links. The technology gives defence customers an alternative to radio communication…
» Evertiq

Posted in: Uncategorized

Bosch sets up €100 million fund for German deep-tech startups

eIndustry

Bosch is launching a new venture fund, Spark, which will invest EUR 100 million in German startups. The focus is on deep tech in seed and early stages.
» Evertiq

Posted in: Uncategorized

XIVER secures €28 million from ABN AMRO to expand photonics foundry

eIndustry

Eindhoven-based specialty foundry XIVER has received EUR 28 million in debt financing from ABN AMRO. The money is part of a EUR 55 million programme to expand and modernise its production of photonic …
» Evertiq

Posted in: Uncategorized

Former SK hynix 200mm fab in Oregon up for sale

eIndustry

A former 200mm memory fab in Eugene, Oregon, originally built by SK hynix, has been put up for sale. The site has about 170,000 square feet (15,800 square metres) of potential cleanroom production spa…
» Evertiq

Posted in: Uncategorized

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