News
MUMBAI – L&T Capital Co. Ltd. has paid a reported 1 billion rupees for a stake in Indian EMS provider Rangsons Electronics Pvt. Ltd.
According to published reports, L&T Capital took a 40% stake in Rangsons, one of India's largest native EMS companies.
According to published reports, L&T Capital took a 40% stake in Rangsons, one of India's largest native EMS companies.
L&T Capital is owned by engineering and construction company Larsen & Toubro Ltd. Rangsons is part of the NR Group and is based in Mysore, India.
In a statement, L&T president R.N. Mukhija said, "Looking at the market situation and its growth opportunities, we believe this investment will bear fruit for both partners. Rangsons is well positioned to create significant value for its stakeholders. We see a great opportunity for Rangsons to be a global end-to-end solutions provider in EMS."
(US$1: 0.02441 rupees)
TUSCON, AZ — A University of Arizona professor has been awarded a $1.25 million, two-year grant to develop a sustainable process for electronics manufacturing.
Science Foundation Arizona issued associate professor of chemical engineering Anthony Muscat a $625,000 grant to to find ways to cut water and other materials from electronics manufacturing.
Matching funds will bring the total to more than $1.2 million in cash and other resources, according to reports.
Muscat's idea centers on the use of biological molecules to additively develop common lithography patterns traditionally conducted by subtractive processing.
He will work with Intel, Sematech, SEZ America, Semiconductor Research Corp. and ASM on the approach.
Science Foundation Arizona issued associate professor of chemical engineering Anthony Muscat a $625,000 grant to to find ways to cut water and other materials from electronics manufacturing.
Matching funds will bring the total to more than $1.2 million in cash and other resources, according to reports.
Muscat's idea centers on the use of biological molecules to additively develop common lithography patterns traditionally conducted by subtractive processing.
He will work with Intel, Sematech, SEZ America, Semiconductor Research Corp. and ASM on the approach.
BADEN, SWITZERLAND – EMS firm Enics will purchase certain assets of ZTS Elektronika, the companies said Tuesday.
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