WT Microelectronics to Acquire Future Electronics for US$3.8 Billion
TAIPEI, Taiwan and MONTREAL, Canada– WT Microelectronics Co., Ltd. (TAIEX: 3036) (“WT Microelectronics”) announced that it has entered into a definitive agreement to acquire 100% of the shares of Future Electronics Inc. (“Future Electronics”) for an enterprise value of US$3.8 billion in an all-cash transaction. The strategic transaction is anticipated to deliver long-term, sustainable value […]
The Art of Rightsizing: Choosing the Right Contract Manufacturing Partner Can Make the World of Difference
It might seem deceptively simple as a part of the outsourcing strategy, but rightsizing your contract manufacturing partner can make the world of difference when you get it right, and can be a costly disaster if you get it wrong. So, why is it so important and how so?
Lithium discovery in US volcano could be biggest deposit ever found
A world-beating deposit of lithium along the Nevada–Oregon border could meet surging demand for this metal, according to a new analysis. SOURCE: Chemistry World By Anthony King An estimated 20 to 40 million tonnes of lithium metal lie within a volcanic crater formed around 16 million years ago. This is notably larger than the lithium deposits found […]
Global Lithium Production Forecast to Reach 1.21 Million Tons LCE in 2023, US Lithium Producer ALB Leads with a 17% Market Share, Says TrendForce
Australian mining company, Liontown Resources Ltd., has just announced it’s agreed to a buyout proposal of AUD 6.6 billion (USD 4.3 billion) by US lithium producer Albemarle Corp (ALB). TrendForce’s latest “2023 Global Li-Ion Battery Industry Chain Market Supply and Demand Report,” indicates that global lithium production in 2022 hit approximately 860,000 tons of Lithium […]
Top three trends driving the power electronics market share between 2023 to 2032
The growing trend of industrial automation and elevated demand for renewable energy infrastructure is expected to fuel the expansion of the power electronics market. Automated industrial machines such as robots are largely deployed across manufacturing plants to increase process efficiencies, streamline communications, and protect employees from hazardous tasks. The growing adoption of such equipment […]