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Cicor Successfully Completes Acquisition of TT Electronics IoT Solutions Ltd.
April 3, 2024 | CicorEstimated reading time: 1 minute
The Cicor Group has successfully completed the acquisition of TT Electronics IoT Solutions Ltd. with three production sites in the UK and China.
The combination of the sites acquired from TT Electronics PLC with the Cicor companies Axis Electronics (integration 2021) and STS Defence (integration 2024), will create the new leader in the UK EMS market and in addition make Cicor a European market leader in the production of high-end electronics for aerospace and defence applications. With this transaction Cicor has taken another step forward in implementing its strategy to become the European leader in electronics manufacturing services for medical technology, industry, aerospace and defence.
TT Electronics IoT Solutions Ltd. employs more than 500 people at its sites in Hartlepool and Newport in the UK and Dongguan in China and has a total production area of around 25,000 square meters. In the last financial year, sales of GBP 70.2 million were achieved by the acquired entities with a mid-single-digit operating margin (adjusted EBITDA). Cicor expects that after completion of the integration process, the EBITDA margin of the acquired businesses will be raised to a level close to the rest of the Cicor Group. The acquired UK production sites provide the much-needed growth reserves for local production. The production site in Dongguan will be integrated into the Cicor Group's Asian production network.
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Cyberattack via Ransomware at Major EMS Provider Foxconn
05/15/2026 | I-Connect007 Editorial TeamA recent cyberattack targeting Foxconn has once again exposed the growing vulnerability of global manufacturing and electronics supply chains to ransomware operations. According to CyberScoop, the attack disrupted operations at several of Foxconn’s North American facilities, temporarily forcing some production activities into manual workarounds while systems were restored.
TLT Electronics Officially Opens Facility in Vietnam
05/06/2026 | TLT ElectronicsLithuanian EMS provider TLT Electronics has recently announced the opening of a new facility in Vietnam. For their clients, this is a chance to expand manufacturing into a second region without the headache of onboarding a new supplier. Same team, same processes, same quality standards — still TLT Manufacturing, just on another continent.
Learning with Leo: Drones—Meeting Demand Without Compromise
05/06/2026 | Leo Lambert -- Column: Learning With LeoWith drones used in a wide range of applications today, particularly in modern military conflicts, domestic manufacturers are feeling pressure to produce at high volume and low cost, particularly within an NDAA supply chain ecosystem with differing needs and expectations. Two issues must be considered. First is the manufacturers’ and customers’ need for quality, reliability, and functionality of the product. Second is the manufacturing volume needed to support demand, whether for military, industrial, or commercial applications. Each segment requires verification that the product meets the customer's requirements.
EDADOC: Building the ‘Neural Hub’ for High-Compute Chips Within a Compact Space
04/28/2026 | ECIOEvery chip to the market must pass a stringent checkpoint before shipment known as ATE testing. Serving as the physical “neural hub” that connects test equipment worth millions of dollars with the device under test, the performance of the ATE test board directly determines the accuracy, efficiency, and final yield of chip testing. Amid the rapid rise of high-compute chips, what extreme challenges is this seemingly small circuit board facing? How is EDADOC addressing industry pain points through its one-stop “design + manufacturing” model?
Global Sourcing Spotlight: Building a Supply Chain That Bends, Not Breaks
04/29/2026 | Bob Duke -- Column: Global Sourcing SpotlightThe global supply chain is a complex, interdependent, and shifting organism. In the past few years, pandemics, tariffs, wars, natural disasters, and transportation chaos have tested it like never before, revealing that fragility is expensive. The companies that survive do so not through luck but through resiliency. For decades, companies built sourcing strategies around the illusion of stability—one supplier, region, and price. It worked until a port closed, a single supplier went down, or a production line froze.