LED Market to Reach $71.4B by 2021

According to the new market research report, “LED Market by Technology (Basic Light Emitting Diode, High Brightness LED, Organic LED, Ultraviolet LED, Polymer LED), Applications (Automotive, General Lighting, Backlighting, Mobile Device, Signals and Signage) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2021”, published by Scalar Market Research, the LED market is expecting an…

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Murata to Acquire IPDiA

Murata Manufacturing Co., Ltd., (“Murata”)  and IPDiA S.A.(“IPDiA”) today announced that Murata Electronics Europe B.V., a wholly-owned subsidiary of Murata is about to acquire  IPDiA, a 3D silicon capacitor technology pioneer headquartered in France, and IPDiA will become a subsidiary of Murata. The transaction is expected to close before the end of October. This acquisition…

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Sager Power Systems Releases Industrial/ITE Catalog

Middleborough, Mass. –Sager Electronics, a leading North American distributor of Interconnect, Power and Electromechanical components, today unveiled a 488-page Industrial/ITE catalog for 2016-2017 from its specialized group, Sager Power Systems. Featuring sixteen world-class power supply manufacturers, the comprehensive catalog introduces design engineers to 123 of the newest or soon-to-released product families for the industrial and…

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Samsung Expands Recall of Galaxy Note 7 Smartphones

Washington – Recall Summary Name of Product: Samsung Galaxy Note 7 smartphones Hazard: The lithium-ion battery in the Galaxy Note7 smartphones can overheat and catch fire, posing serious fire and burn hazard to consumers. Remedy: Refund, Replace Consumers should immediately stop using and power down all Galaxy Note7 devices, including Note7 devices received as replacements in the previous…

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SMIC to Build New 12-Inch Wafer Fab in Shanghai

Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981), one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, today held the groundbreaking ceremony of a new 12-inch wafer fab inShanghai to meet SMIC Shanghai’s increasing production and development needs. China’s Ministry of Industry and Information Technology (MIIT)…

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IEC Cuts Workforce in Newark, NY

Newark, N.Y. – IEC Electronics Corp. today confirmed a workforce reduction of approximately 73 full time employees at its Newark, NY facility. Jeffrey T. Schlarbaum, President & CEO of IEC Electronics commented, “We continue to proactively manage our expense structure as we move through the turnaround. As an outsourced contract manufacturer, our workforce needs fluctuate commensurate…

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