Business News

New Electronics brings you up-to-date Business News, covering the full spectrum of acquisitions, business deals and expansions happening in the electronics industry.

Joint Declaration calls for ‘ambitious EU industrial strategy’

The European Semiconductor Industry Association (ESIA) is one of 92 similar bodies who have issued a call for the EU to adopt an ‘ambitious strategy’ in order to restore industry’s fortunes.

According to ESIA, European electronics is ranked as the most R&D intensive sector by the EC, with the ecosystem supporting some 200,000 jobs directly and up to 1million indirect jobs in systems, applications and services. The signatories – who have published a Joint ...

Government Green Paper seen as 'tremendous opportunity'

The Government’s Green Paper, outlining its thoughts on an industrial strategy for the UK, is seen by ESCO – the Electronics and Electrical Systems Council – as a ‘tremendous opportunity’. ESCO believes it will start an important consultation process that will see the UK’s industrial policies and strategies upgraded, while ensuring that appropriate focus is given to issues such as skills, immigration and productivity.

Intel to spend $7bn to finish Fab 42

Intel will spend more than $7billion to complete construction and equipment of Fab 42. Upon completion, the facility in Arizona will be capable of manufacturing 7nm devices and, according to Intel, will be the most advanced fab in operation.

Avnet Silica joins LoRa Alliance

Avnet Silica has joined the LoRa Alliance as an ‘adopter’ member to support the development, growth and adoption of networks based on the LoRa protocol (LoRaWAN) low power wide area networking technology.

Samsung, Apple dominate chip purchases in 2016

Between them, Samsung and Apple made more than 18% of all chip purchases in 2016, according to Gartner, with combined orders said to be worth $61.7billion; $400million more than in 2015. Although this is the sixth year in a row where the two companies have dominated consumption, they swapped places in 2016, with Samsung now the biggest consumer.

Infineon makes ‘good start’ to 2017 FY

Infineon has had a good start to its new fiscal year, according to CEO Dr Reinhard Ploss, pictured. First quarter revenue and earnings were better than expected, driven by strong demand for automotive electronics and MOSFET power transistors.

Altium buys Premier EDA to boost European business

Altium has acquired Premier EDA Solutions, which has been a long term leading reseller of the company’s products in the UK and Ireland. According to Altium, it will take advantage of Premier EDA’s strong customer connections and technical capabilities to continue its growth in Europe.

Record 24 high-tech firms spun out from Oxford University in 2016

The UK is seeing a significant uplift in the number of spin outs from its universities. From Oxford and Cambridge to Imperial and Bristol Universities, the number of spin outs is growing and, in 2016, Oxford University Innovation (OUI) – the university’s research commercialisation company – launched a record 24 high-tech firms with combined early stage funding of £52.6million.

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CPI gets £2.6m for IoT line

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Mouser adds SparkFun

A global distribution agreement between Mouser and SparkFun Electronics brings ...

Why not enter the BEEAs?

The 2017 British Engineering Excellence Awards (BEEAs) are now open for entries.