Neways enhances its technology position in advanced microelectronics through acquisition of Sencio

Son, the Netherlands – Neways, the global innovator in mission-critical technology for semicon, connectivity and smart mobility sectors, has successfully completed the acquisition of the activities of Sencio, a leading microsystems company based in Nijmegen, the Netherlands, that specializes in advanced packaging for smart sensing and actuation applications. This strategic acquisition further solidifies Neways’ strong […]

Inission grows in Norway through the acquisition of AXXE AS

Through its wholly owned subsidiary Inission Norge AS, Inission AB (“Inission”) has signed an agreement to acquire 100% of AXXE AS (“AXXE”). AXXE is a reputable EMS company (Electronics Manufacturing Services) with operations located in Halden. Through the acquisition, Inission expands its geographical presence in southern Norway and thereby strengthens its position. The agreement was […]

China posts sluggish GDP growth in 2023, population declines again

Official data shows GDP was 5.2 percent in 2023, hitting a government target, but recovery looks uneven. SOURCE: Al Jazeera China’s economy grew by 5.2 percent in 2023, hitting the government’s official target, but concerns about growth momentum remain amid a protracted property crisis, sluggish consumer and business confidence, and weak global growth. China’s National […]

Samsung Electronics Co., Ltd., (Suwon, Republic of Korea) Developed Hip-Assist Robot to Advance Fitness in the Elderly

EX1, as the robot is called, significantly improves physical functions and balance in older adults, enhancing their quality of life and well-being. With aging, walking function deteriorates, including a decrease in stride length, decreased balance, and decreased propulsion. However, resistance and balance exercises can improve physical function in older adults. In a new study, researchers […]