Molex to acquire Smiths Interconnect
Molex has signed an agreement to acquire Smiths Interconnect. Smiths Interconnect, a subsidiary of United Kingdom-based Smiths Group plc, is a provider of high-reliability connectivity products and solutions serving the aerospace and defence, medical, semiconductor test and industrial markets.
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Whirlpool invests $300M in US operations
Whirlpool plans a USD 300 million investment in its US laundry manufacturing facilities, in order to grow its American manufacturing footprint.
Billions in raw materials hidden in Europe’s old smartphones
Billions of euros worth of metals are lying unused in drawers across Europe. A new report from refurbed and Fraunhofer Austria reveals that unused smartphones in European households contain critical raw materials worth an estimated EUR 1.1 billion in total.
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Koh Young Unveils Breakthrough Innovations at Productronica and SEMICON Europa 2025
Seoul, Korea – Koh Young, the industry leader in True 3D measurement-based inspection and metrology solutions, will showcase a wave of innovations at Productronica and SEMICON Europa 2025, taking place November 18–21 at Messe München, Germany. Visitors can explore Koh Young’s latest advances in electronics manufacturing and semiconductor packaging at Booth A2.377 for Surface Mount Technology (SMT) and software innovations, and at Booth B1.213 for advanced packaging and semiconductor metrology.
Beyond Gravity expands solar array mechanism production
Space supplier Beyond Gravity has doubled its production area for solar array drive mechanisms in Switzerland. The company now produces 200 units per year, up from 36, a fivefold increase in output.
Hanza acquires German EMS company BMK
Swedish EMS provider Hanza has signed an agreement to acquire the German EMS provider BMK Group – becoming Europe’s largest listed contract manufacturer
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Hanza receives SEK 40 million drone order
Swedish EMS provider Hanza has received an initial order worth approximately SEK 40 million from an unnamed technology company developing drones for both civilian and defence-related applications.
Precision PCB acquires assets of Microplace
Precision Technologies Inc., operating as Precision PCB, has acquired the assets of Microplace Inc., an EMS provider based in Elgin, Illinois.
ABB and Nvidia partner on next-gen AI data centre
ABB has entered into a collaboration with Nvidia to develop power solutions for next-generation, gigawatt-scale data centres.
L&T secures large grid infrastructure orders from Middle East
The total orders are worth between USD 280 million and USD 560 million. They include an order to engineer, procure and construct a 400 kV substation.
RealSense spins out from Intel, secures $50 million
AI-powered computer vision company RealSense has hit two major milestones: its spinout from Intel, fueled with a USD 50 million Series A funding round, and a strategic collaboration with Nvidia to accelerate the adoption of physical AI across humanoids and autonomous mobile robots (AMRs).
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