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Kitron Secures $5 Million Defense Contract for U.S. Army

12/19/2024 | Kitron
The order is for custom electronics for the U.S. Army and allied forces. Production will take place at Kitron’s U.S. facility in Windber, PA, and deliveries are expected to start in mid-2025. Kitron is a leading Scandinavian electronics manufacturing services company forthe Connectivity, Electrification, Industry, Medical devices and Defence/Aerospace sectors. The group is located in Norway, Sweden, Denmark,Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China and the United States.

INVISIO Secures SEK 115 Million Order for Intercom and Dismounted Soldier Systems

12/16/2024 | INVISIO
INVISIO has received a significant order from an existing European customer for its Intercom and Dismounted Soldier systems. Deliveries are set to commence immediately and are expected to be completed by Q1 2025.

Saab Receives Order from Sweden for Sea Giraffe 1X Naval Radar

12/16/2024 | Saab
Saab has received an order from the Swedish Defence Materiel Administration (FMV) for the Sea Giraffe 1X radar system to the Swedish navy. The order value is approximately SEK 340 million with deliveries 2024-2026.

Enterprise SSD Market Sees Strong 3Q24 Growth, Revenue Soars 28.6% on Surging Demand for High-Capacity Models

12/11/2024 | TrendForce
TrendForce’s latest investigations found that the enterprise SSD market experienced significant growth in 3Q24, driven by robust demand from AI-related applications.

Advanced Processes and Chinese Policies Drive 3Q24 Global Top 10 Foundry Revenue to Record Highs

12/06/2024 | TrendForce
According to TrendForce’s latest report, while the overall economic situation did not significantly improve in the third quarter of 2024, factors such as supply chain stocking driven by new smartphone and PC/notebook launches in the second half of the year, coupled with continued strong demand for AI server-related HPC, led to an improvement in overall wafer foundry capacity utilization compared to the second quarter.
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