Celestica Announces Second Quarter 2020 Financial Results
Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, announced financial results for the quarter ended June 30, 2020 (Q2 2020). Q2 2020 Highlights Revenue: $1.49 billion, increased 3% compared to $1.45 billion for the second quarter of 2019 (Q2 2019), and was […]
IPC Applauds Congressional Actions to Bolster Resiliency and Security of U.S. Defense Electronics Supply Chain
IPC, the global electronics manufacturing association, applauds leaders in the U.S. Senate and House for approving IPC-backed measures that will bolster the resiliency and security of the U.S. defense electronics industrial base. The measures were included in the Senate’s version of the National Defense Authorization Act (NDAA), approved on Thursday, and in the House’s version, […]
Northvolt raises $1.6 billion in debt financing through consortium of global financial institutions
$1.6 billion in debt raised through a consortium of commercial banks, pension funds and public financial institutions. Northvolt has to date raised over $3 billion in equity and debt to support the development of two lithium ion battery gigafactories and investments in R&D, industrialization and recycling. Northvolt targets a 25 percent market share in Europe […]
Toyota says it’s on track to produce solid-state batteries by 2025
Toyota has developed a working prototype of its long-promised solid-state batteries that are operating in running concept vehicles, and the company remains on track for limited production of them by 2025. That’s the gist of an interview Automotive News did with Keiji Kaita, executive vice president of Toyota Motor Corp.’s powertrain company and field general manager of its battery […]
iNEMI Roadmap Highlights Aerospace & Defense Product Emulator Group
Wednesday, August 12, 2020 11:00 a.m.-12:00 p.m. EDT (Americas) 5:00-6:00 p.m. CEST (Europe) There are several considerations that distinguish the products covered by the Aerospace & Defense Product Emulator Group (PEG) chapter from other product sectors in the 2019 iNEMI Roadmap. These include the extremely harsh environments in which the products operate, the level of […]