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Volvo Cars takes over Swedish battery venture

Volvo Cars takes over Swedish battery venture

Volvo Cars is taking over the Novo Energy joint venture it set up with Northvolt but may not make batteries at the plant as originally planned.Northvolt has struggled with funding and is cutting back on a number of battery manufacturing projects across...

Published on: November 01, 2024

Germany launches €12m chip skills academy

Germany launches €12m chip skills academy

The German government has today launched an educational initiative with a €12m skills academy for the semiconductor industry.The scheme, Skilled workers for microelectronics: skills4chips, is funded by the Federal Ministry of Education and Research (BMBF).A key component is the establishment of a...

Published on: November 01, 2024

Cathode boost for potassium-ion battery

Cathode boost for potassium-ion battery

European researchers say they have made a breakthrough that could help deliver a new generation of potassium-ion batteriesThe international team of researchers led by chemists from the University of Glasgow in Scotland and battery testing experts at Helmholtz Institute Ulm in Germany...

Published on: November 01, 2024

Renesas shuffles executive team, revenue falls.

Renesas shuffles executive team, revenue falls.

Renesas Electronics is forecasting 10% lower revenues this year and has also made key changes to its leadership team with joint technology offices and the loss of two executives including Sailesh Chittipeddi.The forecast, which doesn’t include the impact of acquisitions such as...

Published on: November 01, 2024

Intel struggles with Gaudi 3 roll out

Intel struggles with Gaudi 3 roll out

Intel is struggling with the roll out of its third generation AI accelerator chip, Gaudi 3.The latest results show that the roll out of the 3nm chip has been hit by a lack of software portability, despite a deal to use it...

Published on: November 01, 2024

£220m upgrade for BAE Systems UK plant

£220m upgrade for BAE Systems UK plant

BAe Systems is upgrading its UK-based Electronic Systems business with a $220m renovation project.The BAe site in Rochester will undergo significant renovation starting in 2025 to create a new state-of-the-art factory of more than 32,000 square-metres.The company employs 1,600 staff at the...

Published on: November 01, 2024

Arrow restructures as distribution falls in Europe

Arrow restructures as distribution falls in Europe

Arrow is heading for a fall of 16% in its revenue in 2024, triggering a $185m restructuring of the business.The company saw a fall of 35% in its component distribution business in Europe in 2024 as it heads to a overall fall...

Published on: November 01, 2024

Merck renames displays business as it buys French metrology company

Merck renames displays business as it buys French metrology company

Merck in Germany is boosting its electronics business with the acquisition of Unity-SC in Grenoble, France, for €155m and renaming its displays business.Unity-SC makes metrology and inspection instrumentation and expands portfolio in key technologies for AI applications and will become part of...

Published on: November 01, 2024

Sondrel appoints new CEO

Sondrel appoints new CEO

Leading UK semiconductor design house Sondrel is appointing a new chief executive, its third in a just over a year.Oliver Jones, the vice president of sales and marketing at the company, will succeed John Chubb as CEO from today. This is a...

Published on: November 01, 2024

Materials manufacturing for Voyager space station

Materials manufacturing for Voyager space station

UK startup Space Forge has signed a deal with Voyager Space to explore possibilities in space-based research and power materials manufacturing.Space Forge,in Wales which is backed by the NATO Investment Fund, will develop its ForgeStar factory for advanced materials and biomedical applications in...

Published on: October 31, 2024

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