Industry News | Regulation and Compliance updates
SVHC Candidate List Updated with 219 Hazardous Chemicals
On July 8, 2021, The European Chemicals Agency (ECHA) has added eight new hazardous substances to the Candidate List for the REACH regulation. These eight newly added substances make the Substances of Very High Concern (SVHC) Candidate List to a total of 219 substances. Some of the…
YAGEO Corporation to fully acquire Chilisin Electronics
On June 30, 2021 YAGEO Corporation announced its intentions to acquire all outstanding shares of Chilisin Electronics Corporation’s common stock in a stock-swap transaction. This transaction has been unanimously approved by the Boards of Directors for both companies. This transaction is expected to close on…
Industry News | Regulation and Compliance updates
EU RoHS Exemptions
The European Commission has contracted the Öko-Institut to review a series of technical exemptions under the (EU) RoHS Directive that are set to expire end of this year. Exemptions currently take 18 to 24 months from the application date. Priority is given to older applications….
COVID-19 Impact Updates | Industry News
Malaysia Extends COVID-19 Lockdown Another Two Weeks
On Friday, June 11, Malaysia announced it would be extending its nationwide lockdown by an additional two weeks (through June 28, 2021) as they continue to see soaring COVID-19 cases. “The decision was made after taking into consideration that the number of daily cases is…
COVID-19 Impact Updates | Industry News
The Global Rise of 3D Printing During the COVID-19 Pandemic
With the outbreak of coronavirus (COVID-19) in 2020 a shortage of components across multiple fields ensued. These shortages particularly hit hard automotive facilities, hospitals, and health systems across the world. In some areas there just was not enough equipment to go around. In other areas, equipment…
COVID-19 Impact Updates | Industry News
COVID-19 Clusters Raising Big Concerns Regarding Taiwan Chip Supply Stability
Over the last several weeks the Taiwan semiconductor industry has taken several hits due to a variety of disasters, worsening droughts and rolling blackouts. These impacts are further straining an existing international semiconductor shortage. This even includes the US where a shortage of critical chips…
COVID-19 Impact Updates | Industry News
Malaysia Announces Full Lockdown as COVID-19 Cases Hit a Record High
The Prime Minister’s office of Malaysia announced on Friday, May 28, 2021, that the country will be placed on a two-week lockdown starting June 1 through June 14. The country has reported 8,290 new coronavirus cases. This makes the fourth straight day of record infections….
Skyworks to Acquire The Infrastructure & Automotive Business of Silicon Labs
On April 22, 2021 Skyworks Solutions, Inc. announced that it has entered into a definitive agreement with Silicon Laboratories Inc. to acquire the Infrastructure & Automotive business of Silicon Labs in an all-cash asset transaction of $ 2.75 billion US dollars. This acquisition has been…
TSMC Plant Hit by Temporary Power Outage
On April 14, 2021 the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co. (TSMC), reported a seven-hour power outage at their Tainan Science Park plant. TSMC reports that this power outage directly impacted the production of their 40-nanometer chips. TSMC facilities include four 12-inch wafer…
AMETEK Announces Agreement to Acquire Abaco Systems
On March 22, 2021 AMETEK, Inc. announced that it has entered into a definitive agreement to acquire Abaco Systems, Inc., a leading provider of mission critical embedded computing systems, from Veritas Capital in an all-cash transaction valued at $1.35 billion. The transaction is subject to…