High inventory and low demand led to a second consecutive quarter of historic year-over-year decline, says Gartner.
» Evertiq
EMS provider Jabil is in the process of establishing a new manufacturing facility in Osijek, Croatia.
» Evertiq
In 2022 ERAI, a global organisation that monitors, investigates, and reports issues affecting the global electronics supply chain, reported a total of 768 suspect counterfeit and nonconforming parts s…
» Evertiq
Kongsberg Automotive (KA) has officially opened its Brzesc Kujawski plant in Poland. With this new production facility, KA will continue to secure business in both passenger and commercial vehicle seg…
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The European Council and the European Parliament have officially reached a provisional political agreement on the regulation to strengthen Europe’s semiconductor ecosystem, better known as the Chips …
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Renault Group and Verkor have entered a long-term commercial partnership for the supply of batteries for electric vehicle
» Evertiq
Magna announces that it is adding a new customer in engineering and complete vehicle manufacturing as the company has been awarded a contract to manufacture the all-new INEOS Automotive electric off-r…
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EMS provider Incap estimates that its revenue and operating profit (EBIT) for 2023 will be lower than in 2022.
» Evertiq
Automotive technology company Luminar has completed the build-out and bring-up of its new highly automated, high-volume manufacturing facility in Monterrey, Mexico.
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Strong growth in AI server shipments has driven demand for high bandwidth memory (HBM). TrendForce reports that the top three HBM suppliers in 2022 were SK hynix, Samsung, and Micron, with 50%, 40%, a…
» Evertiq