Bosch to acquire TSI Semiconductors to boost US chip production

Bosch will acquire the assets of U.S. chipmaker TSI Semiconductors to expand its semiconductor business with silicon carbide chips (SiC), the German engineering and technology giant said Wednesday. Bosch also said that following the acquisition, it will invest $1.5 billion over the next few years to upgrade TSI Semiconductors’ manufacturing facilities in Roseville, California. Starting in […]

Plexus Announces Fiscal Second Quarter Financial Results

Plexus Corp. (NASDAQ: PLXS) announced financial results for our fiscal second quarter ended April 1, 2023, and guidance for our fiscal third quarter ending July 1, 2023. Reports fiscal second quarter 2023 revenue of $1.07 billion, GAAP operating margin of 5.3% and GAAP diluted EPS of $1.45, including $0.21 of stock-based compensation expense Initiates fiscal third quarter 2023 revenue […]

Celestica Announces First Quarter 2023 Financial Results

2023 Revenue Outlook Raised (All amounts in U.S. dollars. Per share information based on diluted shares outstanding unless otherwise noted. Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, today announced financial results for the quarter ended March 31, 2023 (Q1 […]

Insidious ICS Hacks Underscore Need of Industrial Control Systems Hardening at the Network, Endpoint, and Protocol Level

Industrial Control Systems (ICSs), including Supervisory Control and Data Acquisition (SCADA) systems and Programmable Logic Controllers (PLCs) are the basis of critical industries. Still, many are not designed for an increasingly connected industrial environment and usually lack rudimentary security features. Only less than 5% of critical industrial infrastructure is monitored for threats, which means advanced […]