Yageo Completes Kemet Buy; Restocks for Recovery:
Kemet is now a wholly owned subsidiary of Yageo. On June 15th, Kemet announced the completion of its $1.6 billion acquisition by Yageo. In accordance with the agreement terms, Yageo has purchased all the outstanding shares of Kemet’s common stock in an all-cash transaction for US $27.20 per share.
UK 6th in 5G Roll-Out:
According to a study from OMDIA, the UK is the sixth most advanced country in the adoption of 5G. South Korea has established itself as the market leader, as it did in the 4G era. South Korea is followed by Kuwait, Switzerland, America, and Qatar.
US military advances the incorporation biometric technology:
The terrorist attacks of Sept. 11, 2001 accelerated the adoption of biometric technologies in the US military. For example:
Easby and Omron align to focus on MEMS sensors:
Omron Electronics has expanded its UK distribution network by appointing Easby Electronics to focus on the manufacturer’s sensors for IoT building blocks. Easby will stock and support the full range of Omron electromechanical components and sensor technologies, particularly working with its IoT customers to identify opportunities for Omron MEMS-based sensors.
TSMC spent nearly US$3 billion on R&D in 2019
Taiwan Semiconductor Manufacturing Company (TSMC) spent $2.959 billion in 2019, employing 6,534 R&D workers. The R&D budget was 8.5% of its 2019 sales of $36 billion, and TSMC has stated that they plan to maintain this ratio.
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