VPEC rises as top GaAs epiwafer supplier
Taiwan-based epiwafer maker Visual Photonics Epitaxy (VPEC) has emerged as the world's top supplier of GaAs epiwafers with its market share in the segment surpassing that of British peer IQE by 14-15%, according to industry sources......»»
Vehicle digitization drives Visteon to record sales despite chip shortage
The supplier of cockpit electronics finished the year with $1 billion in sales for the fourth quarter, up 35 percent from the year prior, while net income was level with last year at $35 million......»»
Risk of diabetes rises 58% after COVID, even amid omicron, study finds
This is the latest study finding COVID infections can spur the development of diabetes. Enlarge / A woman with diabetes pricks her finger to take a blood sample to measure the glycemia in Paris on March 24, 2020. (credit: Getty |.....»»
Magna expands EV battery enclosure business by supplying another GM model
Automotive suppliers are shifting their business focus to adapt to the changing market. Magna International announced on Monday that it has secured new businesses from General Motors to make battery enclosures. The tier-1 supplier has been expanding.....»»
VW and BMW battery supplier could reap billions from Biden"s EV bill
Northvolt AB joined European companies putting policy makers on notice about the allure of US green tech incentives, calling tax credits tucked in President Joe Biden's Inflation Reduction Act impossible to ignore......»»
iPhone charger supplier to double workforce in India
Along with Apple suppliers looking to expand their production and headcounts in India, Finland-based Salcomp plans to double its workforce and eyes a five-fold revenue in three years to capitalize on the China-plus-one shift......»»
PMIC supplier GMT says inventory depletion has peaked
For Global Mixed-mode Technology (GMT), a power management IC (PMIC) product specialist, the persistent inventory depletion in the IC industry has peaked, with the traditional seasonal cycle to resume shortly, according to company president JC Wu......»»
Magna spends to build battery enclosures for Chevy Silverado EV
Magna will build the enclosures at a new factory in southeast Michigan, where the supplier already builds enclosures for the GMC Hummer EV......»»
Apple supplier Salcomp has big plans for India
Bolstered by successes, Finnish Apple supplier Salcomp plans to double its workforce in India to 25,000 in three years, as part of a wider push away from a China-centric supply chain.Chennai, India [Unsplash/Karl Janisse]Salcomp is a supplier of smar.....»»
Magna Q4 earnings plummet
The quarterly and annual earnings drops for Magna, the world's fourth-largest supplier by annual sales to automakers, reflect the broader financial struggles parts suppliers have faced during the last year......»»
TV panel price rises on the horizon
Taiwan's LCD panel makers are brewing price hikes for their TV panels that are gradually returning to healthy inventory levels due to makers starting depletion efforts earlier than other applications, according to industry insiders......»»
Win Semi conservative about 1Q23 operations
Gallium arsenide (GaAs) foundry Win Semiconductors is conservative about its operations in the first quarter of 2023, citing ongoing weak demand and the traditional low season......»»
BorgWarner profit soars as auto supplier eyes EV break-even point
Automotive supplier BorgWarner exceeded sales and profit expectations last year as it entered an "inflection point" in its bet on electrification, spinning off its fuel systems and aftermarket business and hitting break-even on the EV side as soon as.....»»
Merck breaks ground for new facility in Southern Taiwan
Merck, a supplier of chipmaking chemicals and materials, has broken new ground in Kaohsiung, southern Taiwan, for a new production facility for its semiconductor solutions business......»»
China-based Kaimeite Gases becomes qualified supplier of ASML subsidiary
A subsidiary of China-based Hunan Kaimeite Gases has recently announced that its lithography gas product has been certified as a qualified supplier of Cymer, a subsidiary of Dutch chipmaking equipment manufacturer ASML. This announcement, dated Feb......»»
Ex-Ford executive appointed to BorgWarner board
The supplier tapped Hau Thai-Tang, who held major product development and purchasing roles at Ford before retiring last year......»»
Toyota supplier portal breached by white hat hacker
The hacker gained read-and-write access to 14,000 corporate Toyota email accounts and related confidential documents. Toyota said there was no malicious access. It closed the breach and thanked the white hat hacker......»»
New areas under threat as Chile fires rage and mercury rises
Forest fires that have killed 26 people and left thousands homeless in south-central Chile in the past week threatened new regions Tuesday as temperatures soared......»»
PCB supplier Zhen Ding says capacity expansion remains on track
PCB and IC substrate supplier Zhen Ding Technology has said it will continue to push forward its capacity expansion projects in 2023, with its first ABF substrate production facilities to begin a commercial trial run shortly......»»
Adient posts fiscal Q1 improvements despite ‘choppy" operating environment
The automotive seating supplier swung to a $12 million net profit from a $54 million loss during the same quarter last year......»»
micro LED supplier says 2025 for Apple Watch Ultra display update
Apple's is still expected to incorporate micro LED technology into the Apple Watch Ultra, but a supplier's revenue projection suggests 2025 for the launch, not 2024.micro LED Apple Watch Ultra expected in 2025Previous reports from notable analysts an.....»»