Sharp just agreed to Foxconn’s takeover offer: On Thursday, Sharp announced that it has decided to accept Foxconn’s takeover offer valued at JPY 700 billion, or USD 6.2 billion.
Bombardier to reduce workforce by 7’000 employees: Planes and trains Manufacturer, Bombardier, said that it will optimise its workforce by 7’000 worldwide over the course of two years.
Global semiconductor sales top $335 billion in 2015: The global semiconductor industry posted sales totalling USD 335.2 billion in 2015, a slight decrease of 0.2 percent compared to the 2014 total, which was the industry’s highest-ever sales total, reports SIA.
Elcon – under new ownership: Quicktronics Group is acquiring the Danish PCB manufacturer in Horsens. Turning the trader/supplier into a manufacturer.
Kongsberg Automotive expands with new facility in Poland: Norwegian automotive group, Kongsberg Automotive, has contracted Panattoni Europe to build a manufacturing facility in Koluszki, Central Poland.