BUSINESS NEWS
Taiwan's Ministry of Economic Affairs is investigating a potential 24 billion acquisition of Hsinchu-based Source Photonics by China’s DSBJ, citing national security concerns.
Foxconn has withdrawn over 300 Chinese engineers from its iPhone assembly sites in India, potentially delaying Apple’s production ramp-up for the iPhone 17.
Microsoft will lay off nearly 4 percent of its workforce, the latest attempt by the tech giant to rein in costs amid hefty investments in artificial intelligence infrastructure.
The advanced IC substrate market is projected to hit 31B by 2030, with momentum in glass core and embedded die tech.
ImageTek Manufacturing is expanding its electronics assembly operations to a second site in North Springfield, VT,
Walton Digi-Tech has begun monthly exports of Bangladeshi-made PCBs to Greece.
GomSpace has partnered with Danish electronics firm NECAS to expand production capacity and increase delivery of satellite subsystems amid rising global demand.
Scanfil and Etteplan have expanded their strategic partnership with a service agreement to co-develop the Odin test platform and offer joint production testing solutions.
Frank Elektronik invested in an SMT line from ASYS.
Alicante-based TAIA has signed a commercial agreement with CERN to supply electronic circuits, including embedded component designs.
NOTE has secured a 12.3M order from a long-term Security & Defence customer, with production beginning in October.
Ryder Industries is quadrupling its Vietnam production capacity with a second facility.
Sierra Space named Drew Delaney director of OEM marketing.
Isola has transitioned from OTC Pink Sheets to the OTCID market.
Garmin promoted Laura Beth Yates to senior manager, PCB design.
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