The Missing Strategy in Europe’s Chip Ambitions
European semiconductor technology suppliers hold market-leading—sometimes monopolistic—positions at various points in the global semiconductor value chain. Europe is home to competitive suppliers of semiconductor manufacturing equipment, chemicals, sensors, automotive chips, and power semiconductors, to name just a few. Because of the steep barriers to entry and close customer–supplier relationships, these are not easy markets to […]
Kimball Electronics Completes the Divestiture of its Automation, Test, and Measurement Business; Enhancing the Company’s Strategic Focus on Core Electronics Manufacturing Services
JASPER, Ind.–(BUSINESS WIRE)– Kimball Electronics, Inc. (Nasdaq: KE) announced the completion of the divestiture of its Automation, Test, and Measurement (AT&M) business. The sale to Averna Technologies Inc. closed on July 31, 2024, with the proceeds from the transaction being used for support of organic growth, debt reduction, and share repurchases. Kimball Electronics entered the automation, test, […]
European PCB Industry Sees Decline in Billings in 1H 2024
Stormy market conditions for the European PCB industry continue. The European PCB industry saw a decline in billings in the first half of 2024 of 6.5% (yoy) and minus 7.8% compared to 2.H.2023. Bookings in the first half of 2024 were even worse with minus 24.4% (yoy) and minus 17.3% compared to 2.H.2023. The Book […]
Renesas Completes Acquisition of Altium
PCB Design Software Leader Altium Joins Renesas to Make Electronics Design Accessible to Broader Market and Accelerate Innovation TOKYO, Japan | SAN DIEGO, Calif.― Renesas Electronics Corporation (“Renesas”, TSE: 6723), a supplier of advanced semiconductor solutions, and Altium Limited (“Altium”), a global leader in electronics design systems, today announced the successful completion of the acquisition of Altium by […]
European PCB Industry Loses Two Companies
PCB company CSI in Toulouse, France, a sister company of Cimulec, was the victim of a fire on the night of Friday July 26 to Saturday July 27. This was a devastating blow for the employees of this small company specializing in the manufacturing of printed circuits for aeronautics. They were unable to return to […]