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Business news Page 159

Business news Page 159
Samsung breaks ground on $15 billion chip R&D center
Samsung breaks ground on $15 billion chip R&D center
Business news |
Samsung Electronics has broken ground on a semiconductor R&D facility in Giheung, Korea, where it plans to spend KRW 20…
Danfoss completes takeover of power expert Semikron
Danfoss completes takeover of power expert Semikron
Business news |
Danfoss Power has completed the acquisition of German power semiconductor specialist Semikron to start operations as Semikron Danfoss. The newly…
UK commits £100m to self driving cars on its roads by 2025
UK commits £100m to self driving cars on its roads by 2025
Business news |
The UK government is planning to allow cars, coaches and lorries with self-driving features on motorways in the next year, with…
UK blocks purchase of Pulsic on security grounds
UK blocks purchase of Pulsic on security grounds
Business news |
The UK government has blocked the takeover of EDA software developer Pulsic by a Chinese company. The purchase of Bristol-based…

Inside the tripling of Digi-Key’s Product Distribution Centre – video
Inside the tripling of Digi-Key’s Product Distribution Centre – video
Business news |
Distributor Digi-Key electronics has opened a major 2.2 million square foot expansion to its warehouse in Minnesota, making the site one of the largest in the US. The Product Distribution…
Goodix teams for Apple-compatible smart trackers
Goodix teams for Apple-compatible smart trackers
Business news |
Leading Chinese chip maker Goodix Technology, which bought Dream Chip in Germany, has teamed up with Tuya Smart on smart trackers for the Internet of Things (IoT) that are compatible…
EV charger maker Wallbox buys its PCB supplier 
EV charger maker Wallbox buys its PCB supplier 
Business news |
Spanish electric vehicle charger maker Wallbox has acquired its printed circuit board supplier and a US distributor and installer. The Barcelona-based company saw record revenue of €39.5m in the second…
Mouser breaks ground on Dallas expansion
Mouser breaks ground on Dallas expansion
Business news |
Mouser Electronics has started work on a 416,000-square-foot, three-story building that will expand its distribution centre in Dallas-Fort Worth, Texas. This will expand the distribution centre to almost 1.5 million…
II-VI signs $100m SiC wafer deal
II-VI signs $100m SiC wafer deal
Business news |
II‐VI has signed a deal worth $100m to supply silicon carbide (SiC) wafers to China for chips for electric vehicles. The deal will see II-VI supply Dongguan Tianyu Semiconductor Technology…
UK blocks Chinese purchase of EDA company Pulsic
UK blocks Chinese purchase of EDA company Pulsic
Business news |
The UK government’s has blocked the takeover of EDA software licensor Pulsic Ltd. (Bristol, England) by Super Orange HK Holding Ltd. under the National Security and Investment Act 2021. It…
IQM teams to develop application-specific quantum processors
IQM teams to develop application-specific quantum processors
Business news |
IQM Quantum Computers has teamed up with Multiverse Computing in Spain to develop quantum processors optimised for specific applications. There are several technologies available for quantum computing, from ion traps…
ThreatX raises funds to accelerate API protection growth
ThreatX raises funds to accelerate API protection growth
Business news |
API and web app protection platform delivers real-time protection against complex botnets, DDoS and multi-mode attacks.
KYOCERA to boost MLCC production with new manufacturing plant
KYOCERA to boost MLCC production with new manufacturing plant
Business news |
Expanded multilayer ceramic capacitor production at Kagoshima Kokubu Campus in Japan will help meet strong market demand for 5G, ADAS and EV technology.
UK flow sensor startup sold to company with China connection
UK flow sensor startup sold to company with China connection
Business news |
Flow sensor developer Flusso Ltd. (Cambridge, England) has been sold to an unnamed company and a global private equity fund for £28 million (about US$34 million). The acquisition will enable…
Test partnership supports O-RAN conformance certification
Test partnership supports O-RAN conformance certification
Business news |
Auray OTIC and Security Lab used a combined testbed to award O-RAN conformance certification for international markets.
Italvolt looks to automotive battery supply chain with gigafactory
Italvolt looks to automotive battery supply chain with gigafactory
Business news |
The changing needs of the supply chain means the development a key battery gigafactory project in Italy is evolving, says Lars Carlstrom, CEO of Italvolt. Italvolt is starting to build…
AI assistant gives knowledge workers ‘extra set of hands’
AI assistant gives knowledge workers ‘extra set of hands’
Business news |
Computer technology company Oracle says that machine learning research and product lab Adept is using Oracle Cloud Infrastructure (OCI) and NVIDIA technology to develop a universal AI teammate capable of…
New CEO at Philips marks healthcare transformation
New CEO at Philips marks healthcare transformation
Business news |
The transformation of Dutch electronics giant Royal Philips that started with the spinout of its semiconductor businesses is essentially complete with the appointment of a new CEO. Philips spun out…
R&S, Viavi team on certification of Foxconn O-RAN radio
R&S, Viavi team on certification of Foxconn O-RAN radio
Business news |
Rohde & Schwarz and Viavi Solutions are supporting the Auray OTIC and Security Lab in Taiwan with an integrated conformance certification test system for the latest O-RAN open radio units…
Rockley quits datacomms as losses rise
Rockley quits datacomms as losses rise
Business news |
Oxford-based Rockley Photonics has exited the datacommunications market to focus on health monitoring and posted a net loss of US$121.8 million on revenues of $1.5 million in 2Q22. Revenue was…
Data centre processor designer raises $100m, cuts back sales
Data centre processor designer raises $100m, cuts back sales
Business news |
Pliops in the US has raised $100m for its Extreme Data Processor (XDP) for data centres but at the same time is cutting back on its global operations, ie sales,…
Jade Bird Display raises more microLED money
Jade Bird Display raises more microLED money
Business news |
MicroLED display manufacturer Jade Bird Display Ltd. (Shanghai, China) has raised tens of millions of US dollars in its Series A3 funding round, which was headed by Lightspeed China Partners…
Microchip to develop 12 core RISC-V space processor for NASA – update
Microchip to develop 12 core RISC-V space processor for NASA – update
Business news |
Microchip has won a $50m project to develop the next generation of high reliability processor for space missions based on RISC-V technology with European engineers. NASA’s Jet Propulsion Laboratory has…
Witricity raises $63m for wireless charging
Witricity raises $63m for wireless charging
Business news |
Wireless charging pioneer Witricity in the US has completed a new funding round of $63m with backing from Siemens. As well as the previously announced $25m from Siemens, the round…
Arbe moves to production of 4D radar chipset
Arbe moves to production of 4D radar chipset
Business news |
GlobalFoundries has completed chipset testing setup for mass production of the 4D automotive radar chipset developed by Arbe Robotics in Israel. The companies have shipped the first significant customer samples…
Navitas expands into silicon carbide with $100m GeneSiC buy
Navitas expands into silicon carbide with $100m GeneSiC buy
Business news |
Gallium nitride pioneer Navitas Semiconductor has acquired GeneSiC Semiconductor, a pioneer of another wide bandgap technology, silicon carbide (SiC). GeneSiC is highly profitable, with more than 25% margins and revenue…
Andes, Green Hills team for RISC-V automotive safety
Andes, Green Hills team for RISC-V automotive safety
Business news |
Andes Technology is working with Green Hills Software (GHS) on an integrated RISC-V automotive safety platform with hardware and software. This will use the AndesCore 25-Series family of RISC-V cores…
Quantum dot boost for microLED displays
Quantum dot boost for microLED displays
Business news |
Micledi Microdisplays in Belgium has teamed up with QustomDot to develop brighter high resolution full-colour microLED displays for smart glasses and other augmented reality (AR) applications. QustomDot, a spin off…


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