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Recently, TSMC held a groundbreaking ceremony for its first European 12 inch wafer fab. It is reported that the European Union has approved Germany to provide 5 billion euros in subsidies for the factory.It is understood that TSMC's 12 inch wafer fab is located in Dresden, Germany and is called "European Semiconductor Manufacturing Company (ESMC)". In August 2023, TSMC announced a partnership with...
Last month, Manz AG officially announced that the company is about to undergo bankruptcy restructuring. The board of directors of the company believes that due to insufficient liquidity and excessive debt, Manz AG intends to apply for bankruptcy proceedings in accordance with bankruptcy laws. The application is expected to be submitted in the next few days. Manz AG is headquartered in Reutlingen...
Recently, WEC Group, a leading engineering and manufacturing company in the UK, announced that it has completed the acquisition of Laser Profiles Ltd, a precision laser cutting leader in Bournemouth. For over 40 years, WEC Group has been providing manufacturing, laser cutting, precision machining, waterjet cutting, powder coating, and CCTV installation solutions.The company stated that the acqui...
Recently, BLM GROUP USA, a leading manufacturer of laser tube and sheet metal processing equipment, announced that its North American headquarters in Novi, Michigan has officially started construction, with plans to add 65000 square feet of modern facilities. It is expected to be completed and put into use in the third quarter of 2025.The specific investment amount for this expansion has not been ...
Recently, the 2024 (21st) World Brand 500 ranking list exclusively compiled by World Brand Lab was released in New York, USA. HENGTONG brand participated in the selection for the first time, standing out from more than 8000 participating brands in 32 countries worldwide and ranking 395th on the "Top 500 World Brands" list. This year, there are a total of 21 new brands on the global list, of whic...