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Incap Slovakia Invests in New Production Machinery to Enhance Production Capabilities

03/20/2024 | Incap
Incap Slovakia upgraded its second SMT production line, replacing it with advanced SMT machinery. The EUR 891,000 investment increases the factory’s SMT production capacity and supports the planned SMT load increase of more than 45%.

Intel, Biden Admin Announce up to $8.5 Billion in Direct Funding Under the CHIPS Act

03/20/2024 | Intel
The Biden-Harris Administration announced today that Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.

Murata to Invest in Apple’s Restore Fund, Aimed at High Quality Carbon Removal

03/20/2024 | Murata
Murata Manufacturing Co., Ltd., has decided to invest up to 30 million USD in Apple’s Restore Fund, an investment fund aimed at generating high quality carbon credits.

LG Makes Strategic Investment in Bear Robotics

03/12/2024 | PRNewswire
LG Electronics (LG) is making a strategic investment move to expedite the advancement of its capabilities in service robotics, a key new business area of the company.

Department of Defense to Expand Manufacturing of PCBA for Hypersonic Weapons

03/11/2024 | U.S. DoD
The Department of Defense announced an award of $11.7 million via the Defense Production Act Investment (DPAI) Program to Ensign-Bickford Aerospace & Defense (EBAD) that will provide additional printed circuit board assembly (PCBA) production capacity at their Simsbury, CT location. EBAD will increase existing capacity and manufacturing processes to reduce cost and accelerate PCBA production.
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