Electronics

Acciona’s Mexican photovoltaic plant will be 50% bigger than originally planned
The Puerto Libertad photovoltaic plant in the State of Sonora, Mexico, will see its capacity increased by 50% to 339 MWp (270 MW rated capacity) following the signature of a private purchase agreement between Acciona Energia and Tuto Energy. Both companies are involved in the joint venture that owns...
Actinver launches first investment fund for Artificial Intelligence projects in Mexico
Actinver, a financial services company headquartered in Mexico, launched the first investment funds what will be dedicated to technology in the country, part of which will be for Artificial Intelligence (AI) and the other for investing in companies with disruptive technologies. In this regard, the ...
Aptiv third-quarter net income down 25% despite revenue hike of 20% in North America
Aptiv PLC reported third quarter 2018 net income from continuing operations of US$ 222 million, 25.2% down from earnings of US$ 297 in the same period of 2017.  Total quarterly revenue was of US$ 3.5 billion, up 11%. Revenue increased 20% in North America, 9% in Asia and 4% in Europe, partially of...
Aptiv, formerly Delphi, celebrates 40 years of manufacturing in Mexico
The first manufacturing site of Delphi in Mexico, now Aptiv, is kicking off its 40th anniversary celebration. "This manufacturing site is pioneer for our Mexico operations," said Alejandro Quiroz, vice president of operations Aptiv Mexico. "This anniversary gives us a stand point to start our new c...
Aptiv, formerly Delphi, completes 5,000 self-driving rides in Las Vegas
Automotive technology company Aptiv, formerly known as Delphi, revealed that a fleet of 30 self-driving cars deployed in Las Vegas, in a partnership with on-demand transportation company Lyft, has completed 5,000 paid rides since these vehicles were offered to the public last May. “Hitting 5,000 ...
Aptiv, formerly Delphi, distances itself from fatal crash involving Uber self-driving car
Aptiv Plc, which was spun off from parent company Delphi last year, revealed that Uber Technologies Inc. disabled the standard collision-avoidance technology in the Volvo SUV that struck and killed a woman in Arizona last week. Such devices were developed by the UK-based auto supplier in partnershi...
Asian manufacturers shift production work to Mexico amid trade war between US, China
Asian manufacturers are shifting production work from China to Mexico and other countries as the trade war between the United States and China undercuts competitiveness of the latter, according to a report by the Nikkei Asian Review (subscription required). Two of the companies cited in the report ...
Austin-based Cypress Industries acquires plant in Matamoros, Tamaulipas
Austin-based global contract manufacturer Cypress Industries announced it has acquired Concurrent Manufacturing Solutions, located in Matamoros, Tamaulipas, Mexico, adding 135 employees and 100,000 square foot facility to offer a greater range of manufacturing solutions to customers across the globe...
Auto supplier Continental to show its biometric solutions at CES 2017
Germany-based automotive supplier Continental will demonstrate its new line of biometric solutions at the Consumer Electronics Show (CES) 2017 in Las Vegas.  “Through the combination of the keyless entry and start system PASE (Passive Start and Entry) and biometric elements, the international te...
Autoliv, Seeing Machines join efforts to develop driver monitoring systems
Sweden-based Autoliv Inc., a manufacturer of automotive safety systems, announced a deal with Seeing Machines, a leader in computer vision based human sensing technologies, to develop next generation driver monitoring systems (DMS) for autonomous vehicles. According to the National Highway Traffic ...
Automation creates jobs in Mexico, but it also reduces wages, new study suggests
Automation in the manufacturing sector is more likely to create new jobs in Mexico than increase unemployment, however, the trend will lead to a decline in wages even when other countries have experienced the opposite effect, according to a new report by the United Nations Conference on Trade and De...
Automotive Lighting to move exhaust component production to Mexico
Automotive Lighting LLC plans to invest US$ 35 million for a new production facility in Michigan in a project that it says will create 362 jobs over five years, state authorities announced. The Michigan Strategic Fund approved a grant of US$ 2 million for Auburn Hills-based Automotive Lighting to c...
AVX Corp. acquires TT Electronics division; deal includes two Mexican plants
AVX Corporation announced that it has signed a definitive agreement to acquire the Transportation, Sensing & Control division (TS&C), from the UK-based TT Electronics PLC. The deal includes manufacturing facilities in Mexicali and Juarez, Mexico. In accordance with the agreement, AVX will a...
AVX Corp. completes acquisition of TT Electronic’s division, including two Mexican plants
AVX Corporation announced that it has completed the previously announced acquisition of the Transportation, Sensing and Control (TS&C) division of TT Electronics, PLC, for approximately US$ 156 million in cash, subject to customary post-closing adjustments based on the actual net debt and actual...
Axtel opens data center in Queretaro as part of a US$ 67.5 million investment
Telecommunication services provider Axtel announced the opening of its second data center in Queretaro as part of a US$ 67.5 million investment plan in the country over the next two years. The first round of capital expenditure has now delivered a US$ 24.3 million data center at the Queretaro Innov...
Bendix starts production of driver control modules at Coahuila facility
After a US$ 4.6 million investment and an intense planning effort that began in 2014, Ohio-based autoparts manufacturer Bendix began to produce driver control modules (DCM) on an advanced new assembly line at its Acuña, Mexico, facility. The modules are built for Navistar, Inc., and will be used ...
BMW partners with Delphi to enhance its autonomous driving platform
The BMW Group announce their intention to onboard Delphi as a development partner and system integrator for their autonomous driving platform.  Along with partners Intel and Mobileye, the four companies plan to jointly deploy a cooperation model to deliver and scale the developed solutions to the ...
BorgWarner acquires UK-based Sevcon to enhance its electric drives portfolio
BorgWarner announced a definitive agreement to acquire UK-based Sevcon, Inc., a global player in electrification technologies, as part of a strategy to enhance its power electronics capabilities to provide a wider portfolio of electrified propulsion solutions. The expected enterprise value of the t...
Bosch agrees to pay US$ 327 million in dieselgate-related settlement
German automotive supplier Bosch entered into a US$ 327.5 million settlement agreement with civil suit claimants in the U.S. relating to the company’s involvement in the Volkswagen diesel emissions fraud scandal, according to a press release. The settlement relates to the “most substantial part...
Bosch breaks ground to build US$120 million plant in Guanajuato
Last Friday, German manufacturer and services supplier Robert Bosch GmbH officially broke ground at the Amistad industrial park in the municipality of Apaseo el Grande, Guanajuato, to build its US$120 million plant dedicated to electronic automotive components. The company plans to open around 1,20...

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