US finalizes $1.5 billion chips award for GlobalFoundries to expand production
WASHINGTON (Reuters) – The U.S. Commerce Department said it has finalized a $1.5 billion government subsidy for GlobalFoundries to expand semiconductor production in Malta, New York and Vermont. The binding contract for New York-based GlobalFoundries, he world’s third-largest contract chipmaker, finalizes a preliminary award announced in February after the company said it was investing $13 […]
Hackers breach Wi-Fi network of U.S. firm from Russia
Hackers breach Wi-Fi network of U.S. firm from Russia — daisy chain attack jumps from network to network to gain access from thousands of miles away SOURCE: Tom’s Hardware Russian hackers compromised the Wi-Fi of an organization located in the U.S. without needing to get into range of its wireless network. The attackers accomplished the […]
North American PCB Industry Sales Down 11.1 Percent in October
IPC releases PCB industry results for October 2024 BANNOCKBURN, Ill., USA —IPC announced today the October 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.09. Total North American PCB shipments in October 2024 were down 11.1 percent compared to the same month last year. Compared to the preceding […]
electronica 2024: The world’s leading trade fair impressively demonstrates the industry’s innovative strength
3,480 exhibitors, about 80,000 visitors The world’s leading trade fair more international than ever electronica presents itself as global platform for the All Electric Society Where the future meets the present: At electronica 2024 in Munich, the international electronics industry impressively demonstrated in 18 exhibition halls that digital technologies are the key to achieving a […]
Electronica 24: Markets, Geopolitics, Culture and AI, with Zollner’s Markus Aschenbrenner
Explore the strategies behind staying ahead in the global market as I chat with Markus Aschenbrenner from Zollner. Markus unpacks how the inventory bubble, geopolitical influences, inflation and interest rate shifts, and a tilt toward protectionism, are shaping manufacturing strategies. He also shares Zollner’s recent moves in broadening their reach, such as acquiring EIT and […]