USI Completes Acquisition of TE Automotive Wireless Business from TE Connectivity Ltd.

Universal Scientific Industrial (Shanghai) Co., Ltd. (USI, SSE 601231), is pleased to announce the successful completion of its acquisition of the TE Automotive Wireless business from TE Connectivity Ltd. The acquisition was formally closed and completed on October 27, 2023, marking a significant milestone in USI’s strategic growth and expansion initiatives. The acquired business will […]

Global Semiconductor Sales Increase 1.9% Month-to-Month in September

WASHINGTON—The Semiconductor Industry Association (SIA) today announced global semiconductor sales for the month of September 2023 increased 1.9% compared to August 2023 and fell 4.5% compared to September 2022. Worldwide sales of semiconductors totaled $134.7 billion during the third quarter of 2023, an increase of 6.3% compared to the second quarter of 2023 and down […]

The Success of Matric: Evolution, Automation and Future Growth Strategies with VP Bradley Turner

Ready to unveil the secrets behind MATRIC’s success story and their ambitious future plans? Strap in for an enlightening journey as we chart MATRIC’s impressive evolution, their distinctive automation focus, and their strategic investment in top-tier pre and post-reflow Automatic Optical Inspection (AOI), as well as Solder Paste Inspection (SPI). Learn how this powerhouse has […]

The biometric sensor market is growing due to AI and multimodal innovations, with a projected market share of $4.9 billion by 2033 according to Future Market Insights

The biometric sensors market is on a remarkable growth trajectory, poised to generate a revenue of US$ 4.9 billion by 2033, a substantial leap from the US$ 1.6 billion recorded in 2023. The market is set to advance at a notable CAGR of 12.1% from 2023 to 2033. Continuous technological advancements and the industry’s dynamic […]