Electronics

Nuevo León is looking for new investments within China and Japan
NUEVO LEON – The Ministry of Economy and Labor of Nuevo León will carry out commercial missions in China and Japan for 10 days; the ministry will visit between 15 and 20 companies with the objective of attracting foreign investment for Nuevo León. The head of the Ministry of Economy and Labor, ...
Nuevo León's rail transport will be strategic for the supply chain
MONTERREY – For Cámara de la Industria de Transformación of Nuevo León (Caintra), rail transport is a strategic and integral part of the industry and commerce’s supply chain in the state. “Local industry needs a continuous rail service for more than 500 regular users in the metropolitan ar...
Nvidia preparing investment for the artificial intelligence market in Mexico
Nvidia, recently focused on artificial intelligence, is looking for new markets to bring about development and Mexico is one of such markets. Marcio Aguiar, sector enterprise director for Nvidia Latin America, said that investment will be exerted in August 2017 to hire staff, besides exploring the p...
NXP, Harman expand collaboration for connected car solutions
NXP Semiconductors N.V., a global leader in car infotainment semiconductors and automotive semiconductors and Harman International, a wholly owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies, announced plans to expand their 15-year collaboration to speed up time-to-...
OSRAM Continental opens new location in Guadalajara
GUADALAJARA — OSRAM Continental GmbH, a global provider of intelligent lighting solutions for automobiles, celebrated the opening of its new location in Guadalajara. The 2,100 square meter facility will initially employ around 65 people and will serve as a research and development (R & D) ce...
Osram-Continental joint venture for automotive lighting is up and running
German manufacturer Continental announced that its joint venture with lighting solutions supplier Osram is up and running. Following the successful completion of all negotiations and the issuance of merger control approvals, the joint venture has been launched as planned in the second half of 2018. ...
Pacific Insight shifts production work from Canada to Mexico
Pacific Insight, a Vancouver-based manufacturer of electronic components and lighting solutions for the automotive industry, announced it will shift some production work from its plant in Nelson, British Columbia, to another plant in Monterrey, Northern Mexico.  As part of the decision, there will...
Panasonic aims to buy ZKW Group, which owns a plant in Guanajuato
Japanese manufacturer Panasonic is in talks to buy European automotive light and electronics maker ZKW Group, accelerating its push into the automotive market, a person familiar with the matter revealed to Reuters. The deal could be worth up to US$ 1 billion and the two companies could reach a basi...
Panasonic switches production to auto parts at Nuevo Leon facility
A Panasonic plant located in Apodaca, Nuevo Leon, will stop making vacuum cleaners shifting production to car seat warmers and other automotive parts, according to Japanese media. Only a few of its 500 or so workers are expected to lose their jobs to the change. The Monterrey facility began product...
Patent infringement case may have impact on Ford’s Hermosillo plant
Paice, a developer of hybrid vehicle technology, announced that the U.S. International Trade Commission (ITC) has instituted a formal investigation into patent infringement claims against Ford Motor Co.  Paice and the Abell Foundation filed a complaint in February 2017 asking the ITC to prohibit F...
Plenimex to invest US$2 million in Baja California
BAJA CALIFORNIA  — With presence in Ensenada since 1990, the company Plenimex, dedicated to the production of blinds, allocated an investment of US$2 million in order to expand its operations in the Esmeralda Industrial Park. Said expansion plan, 152 new jobs have been created, in addition to th...
Precision Cable Assemblies opens plant in Monterrey
Precision Cable Assemblies, Inc. (PCA) announced the opening of its newest Harness and Cable manufacturing facility located in Monterrey, Nuevo Leon. “This new Monterrey location gives PCA and their customer base an additional resource that provides enhanced capacity to support growing demand. St...
Premium automaker awards KUKA Systems US$ 75 million contract for US, Mexico plants
Automated solutions supplier KUKA Systems announced has received three major new systems contracts from a leading manufacturer of premium vehicles to supply engineering and construction of systems to build vehicles body structures in the United States and Mexico. The order value lies at approximatel...
Prysmian Group opens Latin America's largest optical fiber plant in Durango
Italy-based cable manufacturer Prysmian Group has officially opened its US$ 15 million optical fiber manufacturing plant in the state of Durango, which according to local officials will create 400 direct jobs.  The plant is the largest of its kind in Latin America and will initially produce some 1...
Queretaro goes from the aeronautical to the aerospace sector
QUERETARO  — The Mexican Space Agency (AEM) is looking for the Aeronautical University in Querétaro (Unaq) to work on the generation of courses to train professionals who enter the national space industry. The objective is the professionalization of human capital, but also its development in re...
Rehm Thermal Systems opens Technology Center in Guadalajara
Aiming for automotive suppliers and global electronics manufacturers increasingly establishing in Mexico, soldering solutions provider Rehm Thermal Systems officially opened its Technology Center in Guadalajara. At the event, the German-based company offered an exhibition for its energy-efficient s...
Report: Samsung to relocate oven production from Mexico to US
Samsung Electronics Co. is in late-stage discussions to invest about US$ 300 million and create 500 jobs at a former Caterpillar factory in Newberry, South Carolina, where it plans to relocate some production of oven ranges now made in Mexico, revealed today The Wall Street Journal. The report cite...
Repsol could invest US$380 million in Mexico
MEXICO  — Repsol, Spanish based energy company, could make investments up to US$330.8 million by the drilling of four wells, as indicated by the National Hydrocarbons Commission (CNH). During the 33rd extraordinary session of the CNH, the organism approved the exploration plans since they were q...
Saab will return to auto industry, but not in the traditional sense
Sweden-based Saab Group, which abandoned its automotive enterprises on 2012 to focus on its aerospace businesses will return as a supplier.  Saab group has stayed busy building aircraft, missiles radar systems and supplementary software. Now, it wants to bring its radar supremacy to the automotive...
Samsung completes acquisition of Harman Industries, three Mexican plants included
Samsung Electronics Co., Ltd. announced it has completed the previously announced acquisition of Harman International Industries, Incorporated. Under the terms of the merger agreement, Harman stockholders will receive US$ 112.00 per share in cash.  The completion follows the satisfaction of all co...

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