Qorvo | December 20, 2023
Qorvo® a leading global provider of connectivity and power solutions, today announced that it has reached a definitive agreement with Luxshare Precision Industry Co., Ltd. a global advanced contract manufacturer, under which Luxshare will acquire Qorvo’s assembly and test facilities in Beijing and Dezhou, China.
The companies anticipate completing the transaction by the first half of calendar 2024, subject to receipt of regulatory approvals and the satisfaction or waiver of other closing conditions. Upon closing, Luxshare will acquire each facility’s operations and assets, which include the property, plant and equipment, as well as the existing workforce, to enable seamless continuity of operations. Qorvo will continue to maintain its sales, engineering and customer support employees in China to continue serving customers.
Following the close of the transaction, Luxshare will assemble and test products for Qorvo under a newly established long-term supply agreement. The Beijing and Dezhou facilities primarily support Qorvo’s highly integrated advanced cellular products. Luxshare is a trusted supplier to many of the world’s leading electronics companies and will provide seamless and flexible access to best-in-class production capacity while expanding its offerings and capabilities.
Bob Bruggeworth, president and chief executive oﬃcer of Qorvo, said, “The Beijing and Dezhou facilities have been an important part of our history and manufacturing network for decades. After carefully considering multiple alternatives over the past few years, we feel that we have found the right partner to continue supporting our customers from these factories. Given Luxshare’s scale and well-established, high volume manufacturing competency, we are confident that they will ensure continuity, maintain high levels of quality, and be another outstanding strategic partner in our supply chain that allows us to serve our customers worldwide.”
Grant Brown, chief financial officer of Qorvo, said, “This transaction furthers our efforts to reduce capital intensity while supporting our long-term gross margin objectives and ensuring continuity for our customers in China.”
The Beijing and Dezhou facilities will continue to operate as part of Qorvo’s global manufacturing network until the closing of the transaction. After the closing, Qorvo’s assembly, packaging and test network will continue to include its facilities in the United States, Costa Rica, and Germany, as well as valued leading global outsourced semiconductor assembly and test (OSAT) partners.
Qorvo supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including consumer electronics, smart home/IoT, automotive, EVs, battery-powered appliances, network infrastructure, and aerospace/defense.
Robotics and Automation
Boston Dynamics | December 14, 2023
NEON Group Limited through ANIMAX - its fully owned subsidiary and the creative robotic entertainment powerhouse behind some of the largest themed experiences and global intellectual properties around the world, is proud to announce a partnership with Boston Dynamics, marking the commencement of a visionary initiative set to redefine the entertainment and educational landscape through the collaboration among the world's leading innovators.
This collaboration represents an unparalleled convergence of reativity and cutting-edge technology, setting the stage for a new era of experiential storytelling. This strategic alliance harnesses Boston Dynamics' robotics technology and combines it with NEON's creative prowess to craft unforgettable experiences that will captivate audiences globally.
Underpinned by Boston Dynamics' technology and NEON's experiences and operational expansion, the venture is not just a leap forward but a gateway to the future - where technology enhances human experiences in ways once only dreamt of.
This collaboration also presents an exceptional opportunity towards propelling the R&D excellence of ANIMAX, a creative robotic entertainment powerhouse established in Nashville, Tennessee in the U.S., amassing over 30 years of valuable industry experience to empower the Group's IP experiences worldwide. The global demand for experiential entertainment led to the strategic expansion of ANIMAX and with this alliance with Boston Dynamics in place, the potential for innovation and advancement in the realms of animatronics and robotics prove to be unprecedentedly promising.
"With Boston Dynamics, ANIMAX will embark on a journey where advanced robotics and storytelling converge, embracing our 'Get Closer™' mantra to create intimate, immersive narratives that bring technology and audiences closer than ever," said Welby Altidor, Group Chief Creative & Innovation Officer of NEON.
Executive Vice President of ANIMAX, Mr. Michael Mattox shared, "Our partnership with Boston Dynamics represents the union of master artisans and innovative technology, creating a story that is transforming the animatronics industry. Our combined knowledge and expertise push the envelope of entertainment and advance us to the highest level of performance. This collaboration not only supports the global expansion of ANIMAX but also fulfils the growing need for immersive entertainment experiences worldwide."
Mr. Marc Theermann, Chief Strategy Officer of Boston Dynamics said, "We are thrilled about the collaboration with NEON and ANIMAX for the development of fully untethered entertainment robots. These exceptionally interactive creatures are poised to captivate consumers through novel and exciting engagements. By joining forces with NEON, a frontrunner in immersive storytelling, we're blending our cutting-edge technology with their enchanting storytelling expertise."
This partnership is set to redefine the entertainment landscape, delivering the most interactive and immersive storytelling experience ever witnessed in the industry.
This strategic collaboration lays a solid foundation for NEON, ANIMAX and Boston Dynamics to create legacies, transforming the way stories are told, and forging connections that transcend the digital divide. The collaborative effort is set to culminate with a reveal at the end of 2024 that will engage, inspire, and dazzle audiences.
Stay tuned as NEON, ANIMAX and Boston Dynamics pave the way to a world where technology meets imagination, and stories come to life like never before.
NEON, formerly Cityneon, is a global leader in creating and producing experiential entertainment. NEON enjoys worldwide partnerships with The Walt Disney Company and Marvel Entertainment for Marvel Avengers S.T.A.T.I.O.N. and Marvel Avengers Station: Evolution, 20th Century Studios for AVATAR: The Exhibition, Hasbro for Transformers: The Experience, NBCUniversal for Jurassic World: The Exhibition, and Lionsgate for The Hunger Games: The Exhibition. It also has a partnership with Warner Bros. Themed Entertainment to produce two brand-new, unique global touring-themed art experiences inspired by the Wizarding World that premiered in Cologne, Germany, in December 2023, and DC slated to launch in 2024. The Company also partners with the governments of Egypt and Peru for their original artefact IP experiences, Ramses & the Gold of the Pharaohs and Machu Picchu and the Golden Empires of Peru, respectively, plus authentic artefact tours Pompeii: The Exhibition, Mummies of the World: The Exhibition, and Victoria the T. Rex.
About Boston Dynamics
Boston Dynamics is the global leader in developing and deploying highly mobile robots capable of tackling the toughest robotics challenges. Our robots are equipped with advanced mobility, dexterity, and intelligence, enabling automation in unstructured or hard-to-traverse spaces, from industrial plants and construction sites to distribution centres and warehouses. We have three robots in our portfolio: Spot®, a quadruped that conducts industrial inspections for enterprise asset management; Stretch®, a box-moving robot currently deployed with early adopter logistics customers; and Atlas®, the world's most advanced humanoid robot.
Kimberly-Clark Professional | January 16, 2024
Kimberly-Clark Professional™ announced the availability of new Kimtech™ Polaris™ Nitrile Exam Gloves for use in laboratory settings that afford users the highest level of protection, durability and comfort from a glove in the Kimtech portfolio.
Featuring a new dark magenta color unique to Kimberly-Clark Professional and a proprietary high-quality nitrile formulation, Kimtech Polaris Nitrile Exam Gloves have one of the lowest acceptable quality levels (AQL) for pinholes at 0.65, when compared to leading competitors. The average tensile strength is 31 megapascal (MPa) after aging, more than double the strength of the industry standard. The gloves also have been tested against some of the harshest chemicals used in labs and industrial work environments,1 meeting and exceeding the industry standards for exam gloves.
"Kimtech Polaris Nitrile Exam Gloves were created with the end-user in mind and represent a new chapter in innovation for Kimberly-Clark Professional," said Anuj Sinha, General Manager, Personal Protective Equipment (PPE) and Partnership Products, Kimberly-Clark Professional North America. "Our goal was to elevate the glove – making it more durable than our other gloves without sacrificing comfort."
Certified by U.S. Ergonomics, Kimtech Polaris Nitrile Exam Gloves provide measurable ergonomic benefits to the user by improving comfort and fit and minimizing the risk factors that may cause injuries. The gloves are specifically designed to protect professionals in laboratory settings, and they are also suitable for industrial work environments, pharmaceutical manufacturing, medical device manufacturing and biotechnology.
"These exam gloves are typically worn for long periods, so comfort was top of mind when designing Polaris," said Sinha. "Beyond the fit of the glove, we gave it breathability and thermal comfort resulting in a glove 80% of daily glove users found favorable versus their current glove, according to a recent study.2"
In addition to delivering greater comfort and superior barrier protection, Kimtech Polaris Nitrile Exam Gloves will also help in advancing customers' sustainability goals, as it is recyclable through The RightCycle™ Program by Kimberly-Clark Professional. Through The RightCycle Program, eligible non-hazardous Kimberly-Clark Professional PPE waste, such as Kimtech Polaris Nitrile Exam Gloves, are collected at the end user's facility and taken to a recycling partner where they are turned into plastic pellets used to make durable consumer goods.
Kimtech Polaris Nitrile Exam Gloves do not contain silicone,3 are food contact safe4 and meet United States Pharmacopeial Convention (USP) <800> guidelines.5 The gloves are available for purchase as of Jan. 2, 2024, and are being stocked by a large number of scientific and industrial distributors.
About Kimberly-Clark Professional™
Kimberly-Clark Professional™ partners with businesses to create Exceptional Workplaces, helping to make them healthier, safer and more productive. Key brands in this segment include Kleenex, Scott, WypAll, KleenGuard and Kimtech. To see how Kimberly-Clark Professional is helping people around the world to work better
Kimberly-Clark and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what is important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 80 countries. We use sustainable practices that support a healthy planet, build strong communities, and ensure our business thrives for decades to come. We are proud to be recognized as one of the world's most ethical companies by Ethisphere for the fifth year in a row.
Protolabs | January 09, 2024
Digital manufacturing leader Protolabs launched today its rebranded Protolabs Network service that leverages global manufacturing partners for expanded capabilities and pricing options. Formerly known as Hubs, the move signals Protolabs’ commitment to a singular global brand and unified customer experience. The transition comes almost three years after acquiring the Amsterdam-based manufacturing network, which has seen significant annual growth since the 2021 acquisition.
“We’re building a business model that the manufacturing industry has never seen before, and customers are beginning to harness the full potential it offers,” explained Rob Bodor, Protolabs’ President and CEO. “In the third quarter of 2023 alone, revenue fulfilled through Protolabs Network increased over 80 percent year-over-year! It is a true testament not only to our savvy customer base who is extracting that manufacturing value, but our entire Protolabs team of employees who have brought this model to life.”
The business model Bodor is referring to is a hybrid digital manufacturing model combining Protolabs’ internal digital factories with a global network of suppliers—Protolabs Network—to provide customers a manufacturing resource throughout a product’s entire life cycle.
Protolabs Network includes more than 250 highly vetted supply partners, to serve customers’ broad needs across the life cycle of their products—from innovation and prototyping to production and end-of-life product support. Customers can access tighter tolerances, enhanced finishing options, and higher volumes at lower cost, among other benefits. The manufacturing partner network complements the low-volume, on-demand manufacturing services also available from Protolabs.
“This is the future of the industry manufacturing that is completely tailored to what customers need, when they need it, and at the price point they want,” said Pjotr Horowitz, managing director for Protolabs Network. “It’s exciting to be on the frontlines driving that evolution.”
The newly rebranded Protolabs Network is now live. To learn more about Protolabs’ hybrid manufacturing model that combines factory and network capabilities, check out its breakdown of the framework for the future.
Protolabs is the fastest and most comprehensive digital manufacturing service in the world. Our digital factories produce low-volume parts in days while Protolabs Network unlocks advanced capabilities and volume pricing through its highly vetted manufacturing partners. The result? One manufacturing source—from prototyping to production—for product developers, engineers, and supply chain teams across the globe.