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onsemi beats 2Q expectations thanks to automative

2023-08-02 eIndustry

Automotive and Industrial end-markets contributed 80% of ON Semiconductor’s quarterly revenue, said the chip company in an earnings press release.
» Evertiq

Posted in: Uncategorized

Standex acquires magnets specialist Minntronix for $30m

eIndustry

Electronics firm Standex International hopes to boost its presence in 5G, smart grid, and industrial automation with the addition of Minntronix. It bought the Dakota firm for USD 30 million in cash.
» Evertiq

Posted in: Uncategorized

Battery charging firm Iontra completes $29m Series B

2023-08-01 eIndustry

Iontra has raised fresh funding from a range of investors to progress its next generation battery charging technology.
» Evertiq

Posted in: Uncategorized

ARM announces support programme for Indian startups

eIndustry

Chipset giant ARM has teamed up with Indian law makers to encourage local firms onto its Arm Flexible Access for Startups programme.
» Evertiq

Posted in: Uncategorized

Researchers reveal stretchable lithium-ion battery

eIndustry

A team at the University of Houston have developed a prototype of a fabric-based lithium-ion battery. They assert this could accelerate the progress of wearable technology.
» Evertiq

Posted in: Uncategorized

Doosan logs $392m of orders for its EV battery component

eIndustry

South Korea’s Doosan Corp is taking full advantage of surging demand for EVs – it has secured USD 392 million in advanced orders of its patterned flat cables (PFCs).
» Evertiq

Posted in: Uncategorized

Foxconn greenlights $194m components facility in India

eIndustry

Taiwan’s Foxconn has signed an agreement with officials in Tamil Nadu to open a new plant in the Southern Indian state.
» Evertiq

Posted in: Uncategorized

Hamamatsu Photonics resumes plan to buy NKT Photonics

eIndustry

Three months after the Danish government blocked it, Hamamatsu Photonics’ EUR 205 million project to acquire NKT might be back on.
» Evertiq

Posted in: Uncategorized

Infineon is testing circuit boards that dissolve in water

2023-07-31 eIndustry

Semiconductor maker Infineon is appraising an environmentally friendly material – Soluboard – that will make its circuit boards biodegradable.
» Evertiq

Posted in: Uncategorized

LG reduces greenhouse emissions by 220,000 tons

eIndustry

LG Electronics has disclosed in a report that its greenhouse gas emissions have fallen by around 20% in a year.
» Evertiq

Posted in: Uncategorized

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