MENU

Business news Page 38

Business news Page 38
Europe lifts the lid on Corning Gorilla Glass deals
Europe lifts the lid on Corning Gorilla Glass deals
Business news |
The European Commission has opened a formal investigation to assess whether Corning may have abused its dominant position as a supplier of…
Segger SystemView free on ADI microcontrollers
Segger SystemView free on ADI microcontrollers
Business news |
The Segger SystemView software analysis tool is now available for free on select Ultra Low Power (ULP) microcontrollers from Analog…
$8.6m for distributed photonic 4D radar startup
$8.6m for distributed photonic 4D radar startup
Business news |
German startup Xavveo has raised $8.6m in a seed round for its photonic 4D radar technology. The distributed photonic radar…
Tessolve buys German automotive chip design house
Tessolve buys German automotive chip design house
Business news |
Tessolve in India has acquired leading chip design house Dream Chip Technologies in Hannover, Germany. The Rs 400 crore (€44.1m,…

ST opens power design and industrialization centre in Pisa
ST opens power design and industrialization centre in Pisa
Business news |
STMicroelectronics has opened a power design and industrialisation centre in Pisa in Italy. The centre in Pisa Montacchiello includes a test laboratory and was created in collaboration with the Department of Information…
SiliconAuto taps IAR for chip tools
SiliconAuto taps IAR for chip tools
Business news |
SiliconAuto, the silicon joint venture between Foxconn and Stellantis, has partnered with IAR for safety critical development tools. As a Functional Safety (FuSa) partner, IAR will support SiliconAuto’s…
ST tips restructuring program and a weak start to 2025
ST tips restructuring program and a weak start to 2025
Business news |
European chip company STMicroelectronics NV has disclosed a “resizing” program that is being drawn up with the goal of saving the company close to US$1 billion per year in operating…
NXP gives soft guidance on industrial, European weakness
NXP gives soft guidance on industrial, European weakness
Business news |
NXP Semiconductors NV has reported sales revenue for its 3Q24 of US$3.25 billion, the mid-point of the previous quarter’s guidance, but the company forecast a decline in sales in 4Q24.
Deeproute raises $100m for selfdriving cars
Deeproute raises $100m for selfdriving cars
Business news |
Deeproute in China has raised $100m to develop its ADAS driver assistance system and self driving car AI software on the latest GPU technology from Nvidia. Deeproute has been developing…

First integrated SGP.32 and iSIM compliant IoT connectivity module

First integrated SGP.32 and iSIM compliant IoT connectivity module
Business news |
SGP.32 and iSIM compliance enables the complete lifetime remote provisioning of the SIM profile in cellular IoT devices.
Anglia hits out at ADI
Anglia hits out at ADI
Business news |
UK distributor Anglia has hit out at Analog Devices (ADI) after losing its franchise. The company this year started supplying customers in Europe as well as the UK. Whilst…
Schneider board ousts CEO in shock move
Schneider board ousts CEO in shock move
Business news |
French power giant Schneider Electric has replaced its CEO with immediate effect in a dramatic move. Olivier Blum has been appointed as Chief Executive Officer of Schneider, replacing Peter Herweck…
SpaceRISE to make €6bn IRIS² broadband 5G satellites
SpaceRISE to make €6bn IRIS² broadband 5G satellites
Business news |
The SpaceRISE consortium is to make and operate the €6bn constellation of IRIS² broadband 5G satellites for the European Commission. The consortium brings together manufacturers Airbus Defence and Space, OHB,…
Reports: Samsung cutting 30% of foundry staff, 50% of production lines
Reports: Samsung cutting 30% of foundry staff, 50% of production lines
Business news |
Samsung Foundry is shutting down semiconductor production lines with the aim of closing 50 percent by the end of 2024 to cut costs, according to Chosun Daily. This is being…
Ampere acquires development team to lead on software defined vehicles
Ampere acquires development team to lead on software defined vehicles
Business news |
Automotive system developer Ampere is to acquire a team of embedded system engineers in Tunisia from Actia. The company signed a software expertise sharing agreement signed in the first half…
Pickering shows Industry-standard modular switching/simulation tools
Pickering shows Industry-standard modular switching/simulation tools
Business news |
Modular switching and simulation products are based on familiar open industry standards that ensure long-term availability.
ZAPI GROUP buys into RTLS for manufacturing, transportation and logistics
ZAPI GROUP buys into RTLS for manufacturing, transportation and logistics
Business news |
ZAPI GROUP buys UBIQUICOM, leader in RTLS, to expand the group’s leadership in material handling automation.
SICK and CoreTigo partner on industrial IO-Link Wireless
SICK and CoreTigo partner on industrial IO-Link Wireless
Business news |
CoreTigo brings IO-Link Wireless to SICK IO-Link products for sensor-based applications in the industrial sector.
Intel declares huge loss but hopes for better in 2026
Intel declares huge loss but hopes for better in 2026
Business news |
Intel made a net loss of US$16.6 billion on sales revenue of US$13.3 billion in the 3Q24. Nonetheless the company managed to beat some analysts’ expectations. The size of the…
Volvo Cars takes over Swedish battery venture
Volvo Cars takes over Swedish battery venture
Business news |
Volvo Cars is taking over the Novo Energy joint venture it set up with Northvolt but may not make batteries at the plant as originally planned. Northvolt has struggled with…
Germany launches €12m chip skills academy
Germany launches €12m chip skills academy
Business news |
The German government has today launched an educational initiative with a €12m skills academy for the semiconductor industry. The scheme, Skilled workers for microelectronics: skills4chips, is funded by the Federal…
Intel struggles with Gaudi 3 roll out
Intel struggles with Gaudi 3 roll out
Business news |
Intel is struggling with the roll out of its third generation AI accelerator chip, Gaudi 3. The latest results show that the roll out of the 3nm chip has…
Ferrari adds smart glass tech in first SUV
Ferrari adds smart glass tech in first SUV
Business news |
Ferrari is using smart glass technology from Gauzy in Israel for the first time for its first SUV design. The Gauzy Suspended Particle Device (SPD) liquid crystal material will be…
£220m upgrade for BAE Systems UK plant
£220m upgrade for BAE Systems UK plant
Business news |
BAe Systems is upgrading its UK-based Electronic Systems business with a $220m renovation project. The BAe site in Rochester will undergo significant renovation starting in 2025 to create a new…
Arrow restructures as distribution falls in Europe
Arrow restructures as distribution falls in Europe
Business news |
Arrow is heading for a fall of 16% in its revenue in 2024, triggering a $185m restructuring of the business. The company saw a fall of 35% in its component…
Merck renames displays business as it buys French metrology company
Merck renames displays business as it buys French metrology company
Business news |
Merck in Germany is boosting its electronics business with the acquisition of Unity-SC in Grenoble, France, for €155m and renaming its displays business. Unity-SC makes metrology and inspection instrumentation and…
Sondrel appoints new CEO
Sondrel appoints new CEO
Business news |
Leading UK semiconductor design house Sondrel is appointing a new chief executive, its third in a just over a year. Oliver Jones, the vice president of sales and marketing at…
Materials manufacturing for Voyager space station
Materials manufacturing for Voyager space station
Business news |
UK startup Space Forge has signed a deal with Voyager Space to explore possibilities in space-based research and power materials manufacturing. Space Forge,in Wales which is backed by the NATO…


10s