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
Valmet | December 18, 2023
Valmet and Saipem have signed a Memorandum of Understanding (MOU) to develop joint solutions to decarbonize the industrial sectors that face significant challenges in reducing their greenhouse gas emissions, also known as hard-to-abate industries.
The companies will collaborate to offer effective solutions combining Saipem's technologies for CO2 management with the heat recovery and flue gas treatment units engineered and produced by Valmet for the pulp, paper and energy segments, thus bringing integrated and flexible options to their customers in both existing and new facilities.
Both Saipem and Valmet are committed to supporting customers along their Net Zero journey and ensure effective end-to-end CO2 management for emission-intensive industries.
"Sustainability is at the core of Valmet's business strategy and operations. In our climate program − Forward to a carbon-neutral future − we have set ambitious targets as we believe that technology plays a key role in mitigating climate change and global warming in the transition to a carbon-neutral economy. We have already achieved our target of enabling carbon-neutral production for all our pulp and paper customers who have access to fossil-free energy sources. We are also continuously improving the energy efficiency of our current offering. Our collaboration with Saipem fully supports these targets, and we are proud to be part of this initiative," says Lari-Matti Kuvaja, Director, Environmental Systems, Pulp and Energy, Valmet.
"Technology is the key to successfully tackle the decarbonization of hard-to-abate sectors. Together with Valmet, our ambition is to integrate processes and technologies, providing clients with an end-to-end decarbonized solution in line with their Net Zero targets. This MOU expands Saipem's portfolio of energy transition innovations, further strengthening our unique ability to cover the entire CO2 capture, re-utilization and storage value chain, through our drilling, onshore and offshore know-how, assets and technologies," says Fabrizio Botta, Chief Commercial Officer at Saipem.
About Saipem S.P.A.
Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Saipem is "One Company" organized into five business lines - Asset Based Services, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialized Solutions. The company has 9 fabrication yards and an offshore fleet of 29 construction vessels and 15 drilling rigs.
Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward – every day.
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.
Teledyne Relays, Inc. | January 29, 2024
Teledyne Relays, a leading provider of cutting-edge relay solutions, introduces its new Multi-Function Timer product series, showcasing the company's commitment to delivering advanced, reliable, and versatile solutions for the industrial automation sector.
Teledyne Relays Multi-Function Timer MFT series is a state-of-the-art solution designed for a wide variety of applications that demand precise timing control. The user-friendly design features three potentiometers for easy selection of timing functions and ranges, while the LEDs provide at-a-glance feedback of timing and relay status. The MFT series also features
7 selectable timing functions for a wide variety of applications
Timing ranges from 0.1 seconds up to 100 hours
Compact 17.5mm housing preserves valuable panel space
Supply Voltages: 24VDC & 24-240VAC OR 12-240VAC/DC
5A SPDT output relay
Engineered with the needs of electrical engineers, panel builders, and automation engineers in mind, these timers find application in various industries, including but not limited to
Process Control Systems
HVAC and Refrigeration
Agriculture and Irrigation
“With the new Multi-Function Timer series, Teledyne Relays continues to lead in providing reliable and versatile solutions for industrial automation, ensuring precise timing control,” said Michael Palakian, Vice President of Global Sales and Marketing at Teledyne Relays.
The Multi-Function Timer series from Teledyne Relays ensures precise timing control, offering unparalleled reliability across diverse applications and is available for ordering from Teledyne Relays or an authorized distributor.
About Teledyne Relays
Teledyne Relays is a world leader in high-performance coaxial switches, electromechanical, and solid-state relays, offering a wide range of solutions for various applications in the aerospace and defense, telecommunications, test and measurement, and industrial markets. With over 60 years of experience, Teledyne Relay has established a reputation for quality, reliability, and customer service excellence.
About Teledyne Defense Electronics
Serving Defense, Space and Commercial sectors worldwide, Teledyne Defense Electronics offers a comprehensive portfolio of highly engineered solutions that meet your most demanding requirements in the harshest environments. Manufacturing both custom and off-the-shelf product offerings, our diverse product lines meet emerging needs for key applications for avionics, energetics, electronic warfare, missiles, radar, satcom, space and test and measurement.