Mentor Graphics Bolsters Automotive Design with XSe Acquisition

Wilsonville, Ore. — Mentor Graphics Corporation (NASDAQ: MENT) today announced the acquisition of XS Embedded GmbH (XSe), a technology leader in the creation of automotive system architectures and hardware reference platforms. XSe has over ten years of direct experience in the automotive electronics design industry across twenty automotive programs that combine hardware and software expertise. XSe brings a…

VCC: A One-Stop Shop for Indicators

Thanks to two major acquisitions in the past two years, Visual Communications Company, LCC (VCC) is now positioned as one of the broadest product line manufacturers of indicators, expanding its product portfolio beyond LED technologies to include neon and incandescent lamps. The company acquired the indication and illumination product lines from Chicago Miniature Lighting and…

Automotive CEOs: Technological Advances to Transform Business

Technological advances, including digital economy, social media, mobile devices and big data, will transform business in the next five years, according to 79 percent of automotive CEO respondents to PwC’s 17th Annual Global CEO Survey. The survey also finds that 57 percent of automotive CEOs have a program underway or completed, or have a strategy…

Automotive Drives Component Growth

Electronics content in vehicles continues to grow at a steady pace, driving innovation in the components sector. Electronic components make up more than 30 percent of the production cost of a vehicle, and is expected to continue upward, according to Transparency Market Research. Two recent market research studies indicate that automotive applications including next-generation vehicle…

Manufacturing: Mexico’s Appeal Grows as Chinese Costs Soar

Labor costs in Mexico are still generally higher than in China but the total cost of manufacturing in the North American country has fallen recently below its Asian rival’s, spurring a rethink amongst OEMs about the best place to site production facilities. In the last few years, many U.S.-based manufacturing companies have either moved or…

IP&E: Awaiting Stronger Distribution & End-Market Orders

Manufacturers of passive products anticipating strong sales growth in 2014 are pinning their hopes on improvements in key end-markets, including automotive, consumer electronics, telecommunications and even the defense sector but they say tepid distribution orders and low inventory levels indicate channel partners remain wary about the strength of the ongoing market recovery. Many of the…

Continental Ramps Up Production

International automotive supplier Continental will launch production this month of short range radar sensors for advanced driver assistance systems at its plant in Seguin, Texas. “Expanding our manufacturing capacity takes us a step closer to our American customers. In the market for the market is a keystone of our strategy,” said Christian Schumacher head of…

Methode Rides High on Automotive

Methode Electronics Inc. is bracing for the usual turbulence and poor visibility in several of its market segments but the components vendor appears well buffered by new design wins at major customers, improving manufacturing efficiencies and prospects for higher sales into the automotive markets. With quarterly sales surging the supplier of interconnects, power and other…