One of the global leaders in battery technology and energy storage systems, SVOLT Energy Technology from China, will be building a production facility in the town of Lauchhammer in the eastern German state of Brandenburg.
Many companies and institutions regularly update their electronic hardware, replacing devices that are no longer state-of-the-art but are still perfectly functional. Startups have recognized a niche: repairing and recycling equipment for users who don’t need to be on the absolute cusp of the latest technology.
American semiconductor manufacturer GlobalFoundries has announced a massive new investment in its production facility in the eastern German city of Dresden. The project will be worth at least USD one billion.
The ongoing discord between China and the West over Taiwan, which produces two-thirds of the microchips essential to things like mobile phones and cars, has given rise to fears of renewed disruptions to critical supply chains.
American semiconductor manufacturer Vishay is enlarging its production facilities in the northern German city of Itzehoe. The company has purchased three-hectare plot of land as part of a EUR 300 million project to expand its capacities.
The German-Finnish start-up IQM has taken in some EUR 128 million in funds from investors and rocketed up to sixth overall in terms of the volume of deals, according to business newspaper Handelsblatt.
Estonian maker of supercapacitors Skeleton Technologies has committed to a major five-year investment in the Leipzig suburb of Markranstädt in eastern Germany. The company will will utilize technology from German electronics giant Siemens.
The stunning pictures of space made by the James Webb Space Telescope (JWST) have caused jaws to drop across planet Earth. And they are themselves the result of a global effort including the European and Canadian space agencies.
In March, Intel announced it would be building a billion-euro new microchip production facility in the eastern German city of Magdeburg. Intel Germany’s managing director Christin Eisenschmid tells Markets Germany how this record foreign direct investment came about.
Germany’s leading electronics trade organization zvei and the country’s national association for security technology bhe say that the sector grew 4.5 percent in 2021, reaching a record value of EUR 4.9 billion.
