REE Automotive Ltd. [NASDAQ: “REE”], a leader in e-Mobility, today announced that it will open its U.S. headquarters in Austin, Texas to address the growing U.S. market demand for mission-specific EVs from delivery and logistics companies, Mobility-as-a-Service and new technology players. In addition, Austin will be the location of REE’s first asset-light Integration Center for…
DetailsIPC announced today the June 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 June 2021 were up 6.3 percent compared to the same month last year. Compared to the preceding month, June shipments grew 17.3 percent. PCB bookings in June…
DetailsAvnet, Inc. (Nasdaq: AVT) today announced preliminary, unaudited results for fourth quarter sales, operating margins, and earnings per share. Sales and earnings per share will exceed the high end of previous guidance. Commenting on today’s announcement, Avnet Chief Executive Officer Phil Gallagher stated, “Strong quarter-over-quarter sales growth in EMEA, Asia and Farnell, and continued operating…
DetailsTrendForce expects NAND Flash contract prices to increase by 5-10% quarter-over-quarter in Q3 2021 as quotes continue to rise.
DetailsUCAP Power has completed the purchase of Maxwell Technologies Korea’s ultracapacitor business, as well as other related assets.
DetailsThe ECIA announced a new e-learning program scheduled to launch with two modules in August 2021, followed by three additional modules by year end.
DetailsCirrus Logic, Inc. (Nasdaq: CRUS) today announced that it has entered into an agreement to acquire California-based Lion Semiconductor for $335 million in cash. This acquisition brings unique intellectual property and products for power applications in smartphones, laptops and other devices and accelerates growth of the company’s high-performance mixed-signal business. Lion is expected to be immediately…
DetailsAbracon, LLC (Abracon), an industry leader in passive components, today announced the successful acquisitions of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden and Hong Kong, respectively. The combined companies will form Abracon’s new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong. “The addition of…
DetailsSourcengine, the electronic component industry’s leading e-commerce marketplace, today announced that it is making components from Nexperia, the expert in essential semiconductors, available worldwide. This hugely beneficial strategic partnership leverages Sourceability’s new global distribution agreement with Nexperia to further grow Sourcengine’s ability to offer purchasers in-demand, top-quality parts while expanding their insight into the components…
DetailsThe ECIA’s Global Industry Practices Committee (GIPC) has reached a milestone in its Design Registration program initiative. Design Registration is a program to encourage, reward, and support engineering services in product design and demand creation activity from Authorized Distributors and guaranteeing revenue capture wherever the order is fulfilled. One critical objective of the initiative is…
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