In San Luis Potosí, Mexico, the German automotive group is gearing up for production of the Neue Klasse. Construction of a local high-voltage battery assembly has now begun.
» Evertiq
Revenues from the global semiconductor materials market in 2023 contracted 8.2% to USD 66.7 billion from the market record of USD 72.7 billion set in 2022, industry association SEMI reports.
» Evertiq
Electric vehicle startup Fisker’s manufacturing partner Magna is planning to reduce its workforce after the production of the Fisker Ocean model is halted.
» Evertiq
Taiwanese Sinbon Electronics has officially broken ground on its latest expansion as the company looks to strengthen its North American supply chain.
» Evertiq
The two US firms say they will now team up to ‘accelerate the development of new embedded products for the market, while opening new opportunities for growth.’
» Evertiq
The Chennai-based fabless semiconductor startup says its Secure IoT product is 30% cheaper than competitors.
» Evertiq
Filipino contract semiconductor player EMS is negotiating with three overseas investors to secure a huge cash injection.
» Evertiq
Chip testing and packaging provider Powertech Technology Inc has revealed it will spend USD 460 million on advanced capacity and equipment.
» Evertiq
Germany-based chip maker Infineon has confirmed it will supply its HybridPACK Drive G2 CoolSiC and bare die products to Xiaomi until 2027.
» Evertiq
The publicly quoted US firm says it will use the financing to strengthen its position in the markets for automotive, computer vision, AI inference, and generative AI.
» Evertiq