TAOYUAN CITY, TAIWAN – Sihui Fushi Electronic Technology went public on July 13 on the Shenzhen Stock Exchange, raising ¥422.3 million (US$60.4 million) with its IPO.
NORWOOD, MA – Analog Devices and Maxim Integrated Products have entered into a definitive agreement under which ADI will acquire Maxim in an all-stock transaction that values the combined enterprise at over $68 billion.
ZHONGSHAN, CHINA – The Schmid Group is moving its main China factory to Zhongshan.
LEOBEN, AUSTRIA – AT&S has signed a deal with IMST to develop radar, radio modules, communication systems, and other high-frequency technology products.
FEHRING, AUSTRIA – Because of the global weakness in demand in the automotive and industrial electronics sectors, exacerbated by the Covid-19 pandemic, and the associated decline in orders for the AT&S plant here, the company is taking advantage of temporary short-time working as a stop-gap measure, effective July 1.
LEOBEN, AUSTRIA – The supervisory board of AT&S has reappointed Andreas Gerstenmayer chairman of the management board.