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Siemens announces intention to acquire Wevolver

Siemens Digital Industries Software announced its intention to acquire Wevolver, expanding its audience reach, enhancing the Supplyframe product portfolio, and combining digital marketing and integrated campaign programmes that include go-to-market support and content creation. Acquired by Siemens in 2021, the Supplyframe DSI platform is a rich intelligence resource for the electronics industry and leverages billions

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2025 headwinds deliver blow to UK manufacturer confidence

EAMA has launched its latest Market Pulse quarterly report at Innovation Zero. The new analysis reveals that while the supply chain saw a positive upturn towards the end of last year, reaching a three-year high point for electrification related sales in Q4 2024, there has been a worrying drop in business optimism, falling below the

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Solsta announces new distribution partnership with DEEPX

Solsta has announced a new distribution partnership with  DEEPX. As demand for localised, low-latency AI intensifies across sectors such as industrial automation, robotics, and medical imaging, DEEPX offers a new standard. DEEPX on-device AI delivers up to 25 trillion operations per second (TOPS) while using 5-8x less power than industry alternatives, including those from major players

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ams OSRAM revenues beat Q1 guidance

ams OSRAM has reported revenues of   €820 million in Q1/25, above the midpoint of the guided range of €750-850 million. Revenues declined by 7% quarter-over-quarter, a typical seasonal decline by magnitude, says the company, despite the cyclical weakness in automotive and industrial semiconductor business. As part of a balance sheet improvement plan the company is

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Top news stories in April

Procurement Pro takes a look at the top news stories from April 2025. Anglia unveils customer loyalty scheme           Anglia Components launched Anglia Plus, a customer loyalty scheme which will benefit existing and new customers in the UK, Ireland and Europe. Anglia has identified a potential 65,000 new customers in Europe.

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Inova Semiconductors honoured as innovation leader

The F.A.Z.-Institut – a subsidiary of the Frankfurter Allgemeine Zeitung – has awarded Inova Semiconductors 100 out of 100 possible points as the industry winner in the category ‘Electronic Component Manufacturers’ in its current study ‘Germany’s Innovation Leader 2025′. As in the years 2021 to 2024, the Munich-based semiconductor company is among the top group

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imec coordinates EU Chips Design Platform

A consortium of 12 European partners, coordinated by imec, has been selected in the framework of the European Chips Act to develop the EU Chips Design Platform. Funded by Chips JU, the platform will facilitate access to advanced semiconductor design infrastructure, training, and capital for fabless semiconductor startups, small and medium enterprises and research organisations.

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Anritsu signs agreement to acquire DEWETRON

Anritsu’s Board of Directors has approved the acquisition of 100% of shares in DEWETRON, an Austrian provider of power measurement and data collection instruments based in Grambach, Austria. The share transfer agreement was signed with TKH Group N.V., a shareholder. Completion of the transaction remains subject to standard regulatory approvals and general closing conditions. DEWETRON

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Sotomayor to replace Sievers as NXP CEO

Kurt Sievers will retire as President and CEO of NXP Semiconductors at the end of 2025. He will be replaced by Rafael Sotomayor (pictured) who steps up from his role as President of NXP’s Secure Connected Edge business unit. Sievers and Sotomayor will work closely to orchestrate a smooth leadership transition until 28th October, 2025,

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Intel announces staff cuts as part of company restructure

Intel reported its Q1 2025 financial results on 24th April 2025, delivering revenue, gross margin, and earnings per share (EPS) above guidance. Despite this, the company has made plans to reduce costs by cutting staff. Chief Executive Officer, Lip-Bu Tan, emphasised that Intel must address significant internal and external challenges to maintain momentum. He noted

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