Furukawa Electric

Superior Essex, Furukawa Electric Agree to Buyout in Global Venture

Retrieved on: 
Monday, March 25, 2024

ATLANTA, March 25, 2024 (GLOBE NEWSWIRE) -- Superior Essex has agreed to fully take over the minority interest held by Furukawa Electric in the Essex Furukawa Magnet Wire joint venture.

Key Points: 
  • ATLANTA, March 25, 2024 (GLOBE NEWSWIRE) -- Superior Essex has agreed to fully take over the minority interest held by Furukawa Electric in the Essex Furukawa Magnet Wire joint venture.
  • When the transaction is completed, Superior Essex will become the sole owner of the brand, assets, and operations currently conducted by the global joint venture.
  • This new brand will incorporate all current facilities from the Essex Furukawa joint venture—which includes the Japanese and Malaysian (Kuala Lumpur) magnet wire facilities contributed by Furukawa Electric.
  • The buyout transaction, and the termination of the joint venture, is expected to close at the end of April 2024.

Superior Essex, Furukawa Electric Agree to Buyout in Global Venture

Retrieved on: 
Monday, March 25, 2024

ATLANTA, GA, March 25, 2024 (GLOBE NEWSWIRE) -- Superior Essex has agreed to fully take over the minority interest held by Furukawa Electric in the Essex Furukawa Magnet Wire joint venture.

Key Points: 
  • ATLANTA, GA, March 25, 2024 (GLOBE NEWSWIRE) -- Superior Essex has agreed to fully take over the minority interest held by Furukawa Electric in the Essex Furukawa Magnet Wire joint venture.
  • When the transaction is completed, Superior Essex will become the sole owner of the brand, assets, and operations currently conducted by the global joint venture.
  • This new brand will incorporate all current facilities from the Essex Furukawa joint venture—which includes the Japanese and Malaysian (Kuala Lumpur) magnet wire facilities contributed by Furukawa Electric.
  • The buyout transaction, and the termination of the joint venture, is expected to close at the end of April 2024.

Chevron, Exxon Mobil, Super Micro Computer and Tesla Among Top Five Shorted Securities in February, Finds Hazeltree Shortside Crowdedness Report

Retrieved on: 
Tuesday, March 12, 2024

The report is a monthly listing of the top 10 shorted securities in the Americas, EMEA, and APAC regions in the large-, mid-, and small-cap ranges.

Key Points: 
  • The report is a monthly listing of the top 10 shorted securities in the Americas, EMEA, and APAC regions in the large-, mid-, and small-cap ranges.
  • The data is aggregated and anonymized from the contributing Hazeltree community, which includes approximately 700 asset manager funds.
  • Highlights from the February 2024 report include:
    In the large-cap category, Tesla was the most crowded security (99), followed by Chevron (94) and Exxon Mobil (92).
  • Multiple newcomers joined the ranks, including Super Micro Computer (87), Capital One (76), Comcast (76), and Wells Fargo (74).

Global $59.5 Billion Automotive Wiring Harness Market to 2030 with Focus on Engine, Chassis, Cabin, Body & Lighting, HVAC, Battery, Dashboard/Cabin, Seat, Sunroof, Door - ResearchAndMarkets.com

Retrieved on: 
Friday, January 12, 2024

The global automotive wiring harness market is projected to grow from USD 48.7 billion in 2023 to USD 59.5 billion by 2030, at a CAGR of 2.9% during the forecast period.

Key Points: 
  • The global automotive wiring harness market is projected to grow from USD 48.7 billion in 2023 to USD 59.5 billion by 2030, at a CAGR of 2.9% during the forecast period.
  • The global demand for automobiles continues to rise, as does the need for automotive wiring harnesses.
  • They require specialized wiring harnesses to accommodate components such as battery packs, electric motors, and advanced charging systems, which require high voltage wiring harnesses.
  • This transition towards EVs, driven by the resolve to address these challenges, is poised to impact the automotive wiring harness market significantly.

Global Automotive Wiring Harness Industry Report 2023-2030: Premium Vehicles and Advanced Features Boost ICE Wiring Harnesses, Optical Fiber Segment Gains Traction for High-Speed Data Transmission

Retrieved on: 
Friday, January 12, 2024

They require specialized wiring harnesses to accommodate components such as battery packs, electric motors, and advanced charging systems, which require high voltage wiring harnesses.

Key Points: 
  • They require specialized wiring harnesses to accommodate components such as battery packs, electric motors, and advanced charging systems, which require high voltage wiring harnesses.
  • The growing demand for EVs and ADAS features would boost the technological advancements in the wiring harness.
  • With an increase in the production of vehicles, the demand for automotive wiring harnesses is expected to increase.
  • The luxury/premium segment vehicles have advanced body electronic functions that require additional automotive wiring harnesses for proper functioning.

Automotive Wiring Harness Market worth $59.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

The metallic segment holds the largest share of the automotive wiring harness market.

Key Points: 
  • The metallic segment holds the largest share of the automotive wiring harness market.
  • Hence, metallic wiring harnesses are extensively used in various critical automotive applications, including powertrain, chassis, body and lighting, safety systems, transmission, and interior wiring.
  • Also, using aluminium in automotive wiring harnesses with gold plating helps enhance data transmission and reduce weight and costs.
  • In Europe, the accelerated shift toward electric vehicles, backed by government targets for widespread electrification by 2030, is transforming the automotive wiring harness market.

Automotive Wiring Harness Market worth $59.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 30, 2023

The metallic segment holds the largest share of the automotive wiring harness market.

Key Points: 
  • The metallic segment holds the largest share of the automotive wiring harness market.
  • Hence, metallic wiring harnesses are extensively used in various critical automotive applications, including powertrain, chassis, body and lighting, safety systems, transmission, and interior wiring.
  • Also, using aluminium in automotive wiring harnesses with gold plating helps enhance data transmission and reduce weight and costs.
  • In Europe, the accelerated shift toward electric vehicles, backed by government targets for widespread electrification by 2030, is transforming the automotive wiring harness market.

Lattice FPGAs Selected to deliver Mazda’s Next Gen Driving Experiences

Retrieved on: 
Tuesday, October 10, 2023

Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced its award-winning Lattice FPGAs now enable advanced driver experiences on Mazda Motor Corporation's new CX-60 and CX-90 models.

Key Points: 
  • Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced its award-winning Lattice FPGAs now enable advanced driver experiences on Mazda Motor Corporation's new CX-60 and CX-90 models.
  • The Mazda crossover SUVs leverage a cutting-edge interface bridging solution based on multiple low power Lattice FPGAs to provide safety-critical Advanced Driver Assistance System (ADAS) side radar applications made by Furukawa Electric, including a wider detection range, improved detection accuracy, and spatial recognition performance, without sacrificing vehicle performance.
  • “We are proud to partner with Mazda, a leading innovator in the automotive industry, on these important safety applications,” said Jerry Xu, President of APAC, Lattice Semiconductor.
  • "At Mazda, we are committed to pursuing the Joy of Driving for customers’ Joy of Living and contribute to the society.

OFS and Heraeus Comvance Announce the Acquisition of Manufacturing Draw Towers and Facility by Heraeus to Produce Telecommunication Fibers in Denmark to Supply the EMEA Market

Retrieved on: 
Monday, July 17, 2023

Heraeus will manufacture standard optical telecommunication fibers based on a European value chain and will provide these fibers to the EMEA market.

Key Points: 
  • Heraeus will manufacture standard optical telecommunication fibers based on a European value chain and will provide these fibers to the EMEA market.
  • OFS will continue providing its customers outside of EMEA as well as its cable factories a full range of fiber types from world-class draw towers in the US.
  • OFS will also continue to produce and market specialty fiber in Brøndby, Denmark for the global market, and Furukawa Electric, OFS' parent company, will continue serving the global market with a full portfolio of telecommunication fibers from state-of-the-art draw towers in Japan.
  • With this engagement we will better serve our global glass customers," explains Dr. Jan Vydra, President of Heraeus Comvance.

Keysight Introduces High Density Source Measure Unit to Speed Semiconductor Characterization

Retrieved on: 
Tuesday, July 11, 2023

Keysight Technologies, Inc. (NYSE: KEYS) introduces the PZ2100 Series High-Channel Density Precision Source Measure Unit (SMU) Solution , a new SMU solution giving digital development engineers 20 precision SMU channels within a 1U rack space to speed the characterization of integrated circuit (IC) designs.

Key Points: 
  • Keysight Technologies, Inc. (NYSE: KEYS) introduces the PZ2100 Series High-Channel Density Precision Source Measure Unit (SMU) Solution , a new SMU solution giving digital development engineers 20 precision SMU channels within a 1U rack space to speed the characterization of integrated circuit (IC) designs.
  • View the full release here: https://www.businesswire.com/news/home/20230711344613/en/
    The Keysight PZ2100 Series High-Channel Density Precision Source Measure Unit (SMU) Solution provides digital development engineers 20 precision SMU channels within a 1U rack space to speed the characterization of integrated circuit designs.
  • (Photo: Business Wire)
    While innovation cycles are shortening and digital standards are evolving, designing a semiconductor component or device and delivering it to market remains a time-intensive, technical process.
  • Without high-density, automated characterization solutions, engineers risk slowing their delivery timelines as they validate with complex, multiport designs using complicated and low-density test setups.