The infrared (IR) LED market will exceed $1bn by 2024, as shipments rise from over $400m in 2017 then at a compound annual growth rate (CAGR) of over 15% between 2018 and 2024, forecasts a report by Global Market Insights Inc that covers ...
Tags: LED market, IR LED
The approximately $3bn RF power amplifier market is poised to expand at a robust compound annual growth rate (CAGR) of 12.2% over 2018-2028, as the widening expansion of 5G cellular networks will remain the main driver of RF power amplifier ...
Tags: Power electronics
Skyworks Solutions Inc of Woburn, MA, USA (which makes analog and mixed-signal semiconductors) has signed a definitive agreement to buy private fabless semiconductor supplier Avnera Corp of Beaverton, OR, USA, a developer of analog system ...
Tags: analog, semiconductors
For second-quarter 2018, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $157.8m, down slightly on $158.6m last quarter but up 40.6% on $112.2m a year ago. ...
Luminus Devices Inc of Sunnyvale, CA, USA – which designs and makes LEDs and solid-state light sources for the global illumination market – has expanded its horticulture LED portfolio with new SST-20 series white LEDs to ...
Tags: Luminus Devices, LED
Biaxially oriented polypropylene (BOPP) films manufacturer Innovia Films said that it is refocusing its research and development efforts on high barrier materials, supported by investment in new assets. The company will manufacture a ...
French automaker Groupe PSA has selected Punch Powertrain to deliver new generation of patented e-DCT systems by 2022, as part of its electrification push. Groupe PSA has been actively accelerating its shift to electrified vehicles ...
Filtration Group announced the closing of its acquisition of Multisorb Technologies, a world leader in active packaging technology. As part of the Filtration Group family, Multisorb will now be able to enhance its product portfolio and ...
Finland-based packaging solutions provider Huhtamaki has agreed to acquire India-based Ajanta Packaging to expand its operations in the region. Huhtamaki is paying €13m to acquire the manufacturer of pressure sensitive (PS) labels. ...
Tags: Ajanta Packaging, Packaging
National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...
US-based engineered equipment and automation solutions provider Duravant has acquired automation systems manufacturer, Key Technology, for about $175m. Based in Walla Walla of Washington, Key Technology is engaged in the design and ...
Tags: bucket elevator, rotary table
The Taiwan-based Valens Co., Ltd. has been dedicated to the development of LED auxiliary driving lights and well recognized by professionals for its well-honed R&D technologies. With high quality and performance, Valens' products, including ...
Tags: Valens, Driving Lights
Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) is sampling what is claimed to be the first family of high-bandwidth 1310nm photonic integrated circuits (PICs) that integrate a ...
Tags: PAM4 Applications, Oclaro
Bobst Group, a Swiss-based supplier of equipment and services to the packaging and label industries, has reported consolidated sales of CHF1 529m ($1,629m) in 2017, an increase of CHF82m, or 5.7%, compared to 2016. The operating result ...
Tags: packaging, label industries