Osram, Continental Announce JV for Automotive Lighting

Technology companies Osram and Continental today announced their intention to establish a joint venture. The idea is to combine innovative lighting technology with electronics and software to develop, manufacture and market intelligent lighting solutions for the automotive industry. The global joint venture will operate under the name Osram Continental GmbH and have its registered office…

Mitsubishi Electric to Buy Powerex Power Device Distribution Business

Mitsubishi Electric US, Inc. announced today it will acquire the power device distribution business of Powerex, Inc., a joint venture of Japan-based Mitsubishi Electric Corporation and General Electric Company. Powerex, headquartered in Youngwood, Pennsylvania, manufactures and supplies power semiconductor devices. The new business unit will operate as a division of Mitsubishi Electric US to service the North and…

Qualcomm, TDK Launch Joint Venture

Qualcomm Incorporated (NASDAQ: QCOM) and TDK Corporation (TSE: 6762) today announced the completion of the previously announced joint venture under the name RF360 Holdings Singapore PTE. Ltd. (RF360 Holdings). The joint venture will enable Qualcomm’s RFFE Business Unit to deliver RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices and…

ChipMOS, Tsinghua Unigroup Form Joint Venture

ChipMOS TECHNOLOGIES INC. (listed on the Taiwan Stock Exchange under Stock Ticker 8150 and on the NASDAQ under Stock Ticker IMOS; hereinafter “ChipMOS Taiwan” or “ChipMOS”) and Tsinghua Unigroup Ltd. (“Tsinghua Unigroup”) today announced an agreement to form a joint-venture and to mutually terminate Tsinghua Unigroup’s earlier private placement plan. Under the joint-venture agreement, ChipMOS TECHNOLOGIES (BVI)…

Qualcomm, TDK Form Joint Venture

Qualcomm Incorporated (NASDAQ: QCOM) and TDK Corporation (TSE: 6762) today announced an agreement to form a joint venture to enable delivery of RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices and fast-growing business segments, such as Internet of Things (IoT), drones, robotics, automotive applications and more, under the name…

Daimler, Renault-Nissan Break Ground on JV Plant in Mexico

Aguascalientes, Mexico — Aguascalientes plant to build next-generation premium compact vehicles for the brands Mercedes-Benz and Infiniti Production of Infiniti vehicles to begin in 2017 Production of Mercedes-Benz vehicles to begin in 2018 Daimler and the Renault-Nissan Alliance today broke ground for their joint-venture manufacturing complex, COMPAS (Cooperation Manufacturing Plant Aguascalientes), in Aguascalientes in central Mexico, which will build…

ASE, TDK to Form Joint Venture

Taipei, Taiwan — Advanced Semiconductor Engineering, Inc. (TAIEX: 2311, NYSE: ASX; the “ASE”) announced that ASE will enter into a Joint Venture Agreement with TDK Corporation (TSE: 6762; the “TDK”) to establish a joint venture company (the “JV Company”) in  Taiwan which is expected to manufacture IC embedded substrates utilizing TDK’s SESUB technology.  Pursuant to the Joint…