Amphenol Corporation (NYSE: APH) today announced that it has acquired Halo Technology Limited for approximately $715 million. Halo is headquartered in Tustin, California with operations in North America and Europe, and is a leading provider of active and passive fiber optic interconnect components for the communications infrastructure markets with expected 2021 sales of approximately $250…
DetailsLittelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced the completion of its acquisition of Carling Technologies, Inc. (“Carling”). Carling has a leading position in switching and circuit protection technologies with a strong global presence in commercial transportation, communications infrastructure and marine markets. “The combination of our companies…
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Although the demand for end products related to the stay-at-home economy slowed down as many countries saw rising vaccination rates and were partially lifting social distancing restrictions, the decline in foundry orders from this source was more than offset by the traditional peak season for smartphones, according to TrendForce’s latest investigations. At the same time,…
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U.S. factory output increased in November as supply chain pressures eased and manufacturers ramped up production to its highest level in seven months. Employment expanded to a comparable high although hiring remains a challenge. The Institute for Supply Management’s PMI increased 0.3 percent to 61.1 in November and has been above the expansion benchmark –…
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Editor’s note: This is the first of two parts. We are in an unprecedented age of the “4th Industrial Revolution” — a phrase coined by the World Economic Forum’s Executive Chairman Klaus Schwab back in 2015. It heralds the breakthroughs in numerous emerging technologies that are being embraced across all industries and in the public…
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KATEK is leveraging its scale and position as one of the top EMS providers in Europe to support its OEM customers. However, the electronics industry is on a continuing march toward globalization. Thus, KATEK is looking to expand beyond its regional market. In part four of this five part series, KATEK CEO Rainer Koppitz explain…
DetailsThe growth of the NAND Flash market in 3Q21 was primarily driven by strong demand from the data center and smartphone industries, according to TrendForce’s latest investigations. More specifically, NAND Flash suppliers’ hyperscaler and enterprise clients kept up their procurement activities that began in 2Q21 in order to deploy products based on new processor platforms.…
DetailsOcean rates stayed stable across all major lanes this week. And just as signs of improvement have started to show in LA/Long Beach, a new crisis has hit another North American port. A severe storm brought flooding and mudslides to Vancouver last week, significantly damaging roads and rail lines and essentially cutting off the city’s…
DetailsIPC announced today the October 2021 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.15. Total North American PCB shipments in October 2021 were up 6 percent compared to the same month last year. Compared to the preceding month, October shipments fell 8.9 percent. PCB year-to-date bookings in…
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KATEK expected to reach its first milestone in five years — it took less than three. In the third video in this series, KATEK CEO Ranier Koppitz explains the reason for speed and the next steps in KATEK’s evolution. The EMS provider’s initial strategy was to reach sales of more than $500 million to ensure…
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