Industrial News

Merlin’s innovative solar panels (screengrab from website) Conglomerate Ayala Corp. has expanded its footprint in solar energy with the acquisition of a controlling stake in Merlin Solar Technologies Inc., a Silicon Valley-based firm that has developed “disruptive” solar farming technology whose operations can be scaled up by a manufacturing hub in the Philippines. The transaction was done through AC Industrials’ subsidiary, ACI Solar Holdings NA, which had previously made a minority investment in Merlin in 2016. AC Industrials will have an ownership interest of 78.2 percent in Merlin after the transaction and completion of other related activities, Ayala [...]

We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before. We do not yet know just how it will unfold, but one thing is clear: the response to it must be integrated and comprehensive, involving all stakeholders of the global polity, from the public and private sectors to academia and civil society. The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create [...]

Qualcomm Inc.., the largest maker of mobile-phone chips, will acquire NXP Semiconductors NV in a transaction valued at $47 billion, aiming to speed an expansion into new industries and reduce its dependence on the smartphone market. San Diego-based Qualcomm agreed to pay $110 a share in cash for NXP, the biggest supplier of chips used in the automotive industry, or 11 percent more than Wednesday’s close, the companies said in a statement Thursday. The deal will be funded with cash on hand as well as new debt. Chief Executive Officer Steve Mollenkopf is betting the deal, the largest in the chip industry’s history, will [...]

This map shows the global aggregated trade flows of cobalt ores, concentrates, mattes, and other intermediate products of cobalt metallurgy, including waste and scrap for the year 2015. Flows below 10 million USD are not included. Credit: Olivetti et al./Joule 2017 The key materials that make up lithium-ion batteries, including manganese, nickel, and graphite, likely have sufficient supply to meet the anticipated long-term growth in demand for electric vehicles and portable electronics if we start planning now, say researchers in a perspective published October 11 in the journal Joule. Their first-of-its-kind analysis of the lithium-ion battery supply [...]

Year-to-Date data for Philippine Electronic Exports. Top 10 Destination Countries for Philippine Electronics (July 2017 vs. June 2017). Notice: Images and logos is for illustration purposes only and not intended for patent infringement

Electronics Product by Sector (Month-on-Month and Year-on-Year). Notice: Images and logos is for illustration purposes only and not intended for patent infringement

Notice: Images and logos is for illustration purposes only and not intended for patent infringement

  The Electronics industry remained as the country’s top exporter for the month of July 2017, with total receipts of US$ 2.762 billion, or 52.3% of the total Philippine exports of US$ 5.285 billion. July 2017 vs June 2017 (Month-on-Month)– Electronic exports increased by 5.06%, from US$ 2.629 billion in the previous month, to US$ 2.762 billion this month. 5 out of 9 sectors posted a positive growth from the previous month’s figures, led by Office Equipmentat 34.86%, from US$ 43.76 million in June 2017 to US$ 59.01 million this July 2017. The other sectors that increased were Communication/Radar at 24.73%, Electronic Data Processing [...]

Combination Creates Premier Aerospace Systems Supplier Combined business will be well-positioned to meet rapidly evolving global customer demands Highly complementary to existing capabilities Enhances innovative systems capabilities and integrated digital product offerings, including avionics, flight controls and data services Expected to generate cost synergies in excess of $500 million Anticipate acquisition to be accretive to UTC adjusted earnings per share after first full year following closing Aerospace supplier United Technologies Corp has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc, the companies said on Monday, in a deal that bulks up UTC's power with plane makers by [...]

MANILA -- Philippine conglomerate Ayala is bulking up its manufacturing business in a bid to lead Southeast Asia's transition to electric vehicles, betting the group's massive resources can make up for other nations' advantages in auto production. Since June, a gleaming, state-of-the art factory on the outskirts of Manila has been turning out midsize motorcycles, intended both for domestic buyers and, eventually, for export to markets such as Thailand and China. The joint venture by Ayala's manufacturing unit AC Industrial Technology Holdings and Austrian motorcycle maker KTM currently produces only around 20 bikes daily. But there is ample room to raise [...]